Early Mining Period (EMP)
The Early Mining Period is slated for 2019 and will be limited to 200 mining node licenses.
bitcoinR has planned for two mining periods where participants have the opportunity to acquire the bitcoinR currency XBR by means of Proof of Work (PoW) mining operations. In the interest of promoting a transparent mining community, software licenses to operate the bitcoinR client will be granted to participants who submit a completed XBR Mining Agent Application & pay the associated licensing fee.
The Early Mining Period (EMP) is a period of time where mining on the bitcoinR network will be operated exclusively by up to two-hundred participants who have applied and have been approved via physical presence and document scan for the bitcoinR Know Your Miner (KYM) program. The General Access Period (GAP) will be conducted after the EMP.
In addition to submitting an XBR Mining Agent Application, each approved participant will be required to pay the EMP licensing fee of $10,500 USD (or BTC/ETH equivalent) at the time of approved application. Government identification scan must be completed at one of following locations at the time of payment: