1. Post an auction
B. Select [Auction] to enter the auction；
C. Click the [Create auction] button on the auction homepage.
2. Select auction miner type
A. Select the mining machine auction model, and the default is [Ant S19];
B. More auction options of mining machine models will be added in the later stage. Please look forward to it.
3. Enter auction quantity
A. Input the total amount of hashrate to be auctioned;
B. In the price increase auction, the number of auctions will be auctioned by one bidder;
C. In the price reduction auction, the auction quantity can be auctioned by multiple bidders, subject to the actual bidding situation.
4. Auction mode
Select the corresponding auction method. The parameters to be set for different auction methods will be different.
5. Starting price
A. In the price increase auction, the starting price must be set lower than the market guide price. Auction hashpower in bidding, the price will increase from low to high according to the bidder's bid;
B. In the price reduction auction, the starting price is considered as the market guiding price by default and cannot be set. The price of the price reduction auction will start from the starting price and reduce the price at a certain frequency until the bidders bid all the auction quantities.
6. Minimum price
A. The lowest price is the price guarantee setting of price reduction auction. In the auction process, if the current price ≤ the lowest price, the streaming auction mechanism will be triggered. At this time, the auction will enter the settlement process. If there is a part of the hashrate to be bid by the bidder, this part of the hashrate will be auctioned to the bidder who should bid according to the lowest price, and the remaining unsold hashrate will be released and returned to the auctioneer；
B. The lowest price must be ≤ 90% of the starting price. You need to set the lowest price according to the starting price.
7. The starting time of the auction
A. The system supports user-defined selection of the start time of the auction. You can set the start time of the auction within the next 12 hours through [Start Time].
8. Confirmation information
A. After submitting the information, you need to verify your auction information. Once confirmed and submitted, auction hashrate will enter a fair and fair bidding process according to the rules of the platform;
B. After confirming the information, the auction order will automatically enter the order queue and be automatically allocated to the corresponding time point of today by the platform. After successful application, please go to [My auction] >[My auction] to check the accurate auction time;
C. If "auction sessions are full" is displayed when you submit the information, it means that the auction sessions that can be reserved today are full and the system cannot arrange the order. Due to the fluctuation of the guiding price in the mining machine market, you need to re apply for auction according to the latest guiding price tomorrow.
You can join the Telegram group (Click to visit) for consultation to learn more about auction information.