Announcement about LBank Adjusted the Rental Payment Method for the Fourth Quarter of LBK Cloud-hashrate Phase 2

Dear LBank users:

LBank launched the second phase of "LBK Cloud-Hashrate" Leasing from 14:00 to 22:00 on December 24, 2019. The calculation of BTC mining earnings of the fourth quarter will start on Oct 9, 2020. According to the activity rules, the lease adopts quarterly payment after the first quarter.

Payment method of rent payable in the fourth quarter will be adjusted as follow: Users need to transfer the rent to the designated account （lbk_hashrate@126.com）

🚩Rent payable for the fourth quarter = total rent (calculated in USDT) * 12% / average LBK price of the three days prior to Oct 9

* Price Parameter

LBK Special：1 T = 71.442 USDT

USDT Special：1 T = 89.3 USDT

* LBK Average Price: 0.0075 USDT/LBK （Take the LBK average price of the three days before Oct 9, the start of payment in the fourth quarter, as the settlement price.)

Payment Period for the Second Quarter: 14:00, Oct 9, 2020-14:00,Oct 21, 2020 (UTC+8). 

The Fourth Quarter Rent Payable Currency: LBK

The rent shall be paid 15 to 3 days prior to the commencement of the quarterly mining calculation. Overdue transfer is regarded as automatic abandonment, the calculation of BTC mining earnings will be stopped from the next quarter.

If you have problems, please contact LBank official email: service@lbank.info, and we will provide sincere, friendly and immediate service for you. We also welcome you to join LBank.info official English community to discuss the latest issue, (Telegram): https://t.me/LBankinfo.