VeryHash auction optimization function online notification

Dear users:

VeryHash's [Auction] optimization function will be launched on September 25, 2021 (HKT), and the optimized [Auction] will provide users with a more convenient experience.

The optimization of this [Auction] is as follows:

1. The function of creating auctions has been opened to specify the starting time, allowing users to choose the desired time to start the auction. At the same time, the system has supported the opening of multiple auctions at the same hour;

2. Modified the logic of the pass-by auction of the reduced price auction. After the reduced price auction triggers the lowest price set by the auctioneer, it will not directly trigger the flow auction. In the case that the calculation power is still not fully auctioned, the auction will automatically end 24 hours after the start of the auction;

3. Optimize the display logic of the auction list. The list will be arranged in the order of the auction price from low to high, providing convenience for users to choose low-cost computing power;

4. An auction order cancellation mechanism has been added, allowing users to cancel the auction order before the auction starts;

5. The modification of the starting price of the open price-cutting auction can only support setting the starting price less than or equal to the market reference price;

6. The margin supports the deduction of the transaction amount. If the user successfully bids the calculation power, only the actual payment amount after the deduction of the margin is required, which improves the flexibility of the use of funds;

7. Increased the countdown time for the price increase auction, the countdown was adjusted from the original 1 minute to 5 minutes;

8. Optimized the parameter display of the auction sharing page, adjusted to share the detailed data of the current auction.

【Auction】How to participate:

1) Android system: Click here to download the APP

2) iOS system: Mobile phone to open this link