Electricity Loan

1. What is it?
Electricity Loan is a collateralized loan service provided to electricity loan applicants by Hashwhale's financial management clients. Customers can pledge the BTC mined daily to their Hashwhale platform accounts to receive stablecoin liquidity. This liquidity is used to cover the daily electricity costs incurred by the purchased hashrate during mining.

2. What is the main purpose?
The primary goal is to ensure that electricity loan applicants can expand production and maintain operations even during periods of low BTC prices while capitalizing on the potential appreciation when BTC prices rise.

3. What are the application requirements?

• Member level: Level 1 or above.
• Periodic payment of orders, with outstanding electricity fees pending.
• Hashrate of more than 1000T (subject to actual requirements).
• Remaining operational days for the hashrate: greater than 10 days (subject to actual requirements).
• Prepaid electricity fee duration: more than 10 days (subject to actual requirements).
• Remaining electricity fee days: fewer than 3 days (subject to actual requirements).

4. How to apply:

• Log in to the official website.
• Navigate to My Account > My Hashrate > Electricity Loan.

• Eligible customers can click the Apply button to be redirected to the electricity loan application page.
• Additional options: Electricity loan allows adding collateral or early repayment to close the loan.

Hashrate Loan

1. What is it?
Hashrate Loan is primarily designed for advanced members. For example, if you purchase a 100T/30-day product, applying for a hashrate loan allows you to mine as if you had purchased a 200T/30-day product. The loan interest is deducted from BTC mining rewards.

2. What is the main purpose?
To enable customers to maximize their earnings during periods of BTC price increases.

3. What are the application requirements?

• Member level: Level 5 or above (subject to actual requirements).
• Hashrate purchase duration: less than 30 days (subject to actual requirements).
• Purchased hashrate: less than 100T (subject to actual requirements).

4. During the hashrate loan availability period, eligible customers can apply as follows:

• Log in to the official website.
• Go to the Cloud Hashrate Purchase Page, click on the hashrate loan option, and submit the order for manual review.
• Once approved, the order becomes effective, and mining begins.

Hashrate Marketplace

1. What is it?
Hashrate Marketplace is Hashwhale's secondary trading platform, where users can publicly sell their purchased hashrate.

2. What is the main purpose?
To facilitate the free exchange of hashrate among users.

3. How to buy and sell in the Hashrate Marketplace?

• Eligible customers can publish sell orders on the My Hashrate Order Details page.
• Sell orders will appear on the My Hashrate Marketplace page.
• Buyers can directly select and purchase the desired hashrate orders from the marketplace.

4. Platform buyback of hashrate:

• Users can sell their hashrate back to the platform at the price set by Hashwhale.
• Eligible users can initiate the buyback request from their Hashrate Details Page.