BitEqual Mining Mechanism

$BTE Mining Overview

• Fixed total supply: 21,000,000 $BTE

• Initial block reward: 3 $BTE

• Halving every 3,395,000 blocks

• Rewards distributed proportionally based on real-time miner hashrate on-chain

Emission Formula

BTE’s total supply is mathematically locked at 21,000,000.

Following the exact reward-halving logic of Bitcoin, the emission follows this convergent series:

$$\text{Total Emission} = R_0 \times \sum_{i=0}^{\infty} \left( \frac{1}{2^i} \times 3,395,000 \right) = 20,370,000$$

The total emission is 20,370,000 because 3% of the total supply will be allocated to liquidity and burned.

Where:

• R₀ is the genesis block reward (3 $BTE)

• Each halving occurs every 3,395,000 blocks

• No deviation, no extension, no minting outside this schedule

• Final emissions decay into dust after ~40 cycles

$BTE Halving Schedule

Mining Reward

Every block, the total reward is split proportionally:

$$\text{User\_Reward} = \left( \frac{\text{User\_Hashrate}}{\text{Total\_Hashrate}} \right) \times \text{Block\_Reward}$$

• The reward is issued in $BTE

• Active rigs with sufficient power are eligible

• Block rewards decay over time with halving

BitEqual is an experimental, decentralized protocol inspired by the ideological roots of Bitcoin. It is not a financial product, security, investment vehicle, or offer of any kind. There are no guarantees or promises regarding its utility, market value, performance, or future development. Participants interact with BitEqual entirely at their own discretion and risk.