Dear Respected Users，
Hotbit has launched its portal of the purchase subscription of MTFIL during June 24th, 2020 ~ August 16th, 2020. MTFIL is known as the cloud computing product of Filecoin launched collaboratively by Hotbit and StarPool (the subsidiary mining pool of IPFSUnion). By purchasing and holding every 1 MTFIL, the user can be regarded as holding 1 T of computing power. All users’ incomes are generated from the mining incomes of Filecoin mining machine.
Filecoin has already launched its mainnet on October 15th, 2020. However, according to the official information of Filecoin team, the official launch of its mainnet requires one week of observation period, and the FIL output plan of all mining fields will be confirmed by the status of mainnet operation after one week.
The original version of the official announcement published by Filecoin team is listed as follows：
The Filecoin mainnet will officially begin at epoch 148,888 (which means “prosperity for life” in Chinese, chosen to honor the epic contribution by our Chinese mining community to Filecoin’s long-term success )! We expect this epoch to land around Oct 15, which will begin a period of monitoring and problem solving to ensure the network is nominal (working as expected) after the transition. After a few quiet days, we will hold Filecoin Mainnet Liftoff: a week of events from October 19-23 celebrating Filecoin’s mainnet launch.
Please refer to the link here for the original version of Filecoin’s official announcement:
https://filecoin.io/blog/mainnet-ignition/
Considering the fact that the observation period of Filecoin mainnet is October 19th, 2020 ~ October 23rd, 2020, the first round of income distribution of MTFIL on Hotbit has been rescheduled to October 23rd, 2020 (please refer to our upcoming announcement for detailed time and date of the distribution). The incomes to be distributed in the first round of income distribution will include all incomes generated from the time of FIL mainnet launch (14:44, October 15th, 2020) to 16:00, October 22nd, 2020 (UTC). The minimum unit of settlement will be 1MTFL. The schedule regarding the launch of MTFIL’s secondary market will be determined after the observation period of FIL mainnet finishes. Please refer to our further announcements regarding the detailed schedules regarding the upcoming rounds of MTFIL’s income distributions and the launch of MTFIL transaction pairs.
Thank you for your ongoing support of Hotbit!
Hotbit Team
October 17th, 2020
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