Ezil

Hey miners!

Recently we launched a few alternatives to ETH withdrawals via Ethereum mainnet. And many of you are already using these options. One of them is free withdrawals via HECO network. Similar to many other blockchains, HECO operates their own basic token. It serves as a block reward to miners who allocate their hashpower to confirm transactions. Just like Ethereum mainnet rewards you for your work with ETH, HECO Chain rewards your fellow miners with HT tokens.

In the HECO chain ETH works as an ERC-20 token, which means that you can’t use it to pay for your transaction fee in this particular blockchain. So when the Ezil miner receives ETH payout through the HECO chain, any further transactions would require some amount of HT tokens to pay the network commission. HT isn’t a very expensive token and even a small amount of HT will be enough for many transactions. But miners have to buy some HT to send out any further transactions and not everyone is willing to do this extra step. Which we totally understand. We are always trying to avoid any extra steps when it comes to user experience. Miners’ payouts should be as swift and easy as possible.

Which is why we are happy to announce a complimentary HT tokens distribution to those who opted for ETH payouts via HECO Chain.

How does it work?

You will receive 2 transactions instead of 1. Ezil will send you ETH payout (according to your min payout limit) and shortly after that you will also receive the amount of HT enough to pay for your next ETH transaction in HECO chain (usually miners transfer their payouts to HUOBI exchange or other wallets).

We calculate the amount of HT token based on the following parameters which you should set up in your Metamask (or other wallet). If you set these parameters the received amount of HT should be enough to pay for your next transaction fee.

HECO:

Gas limit: 50000

Gas price: current network gas price (usually it is around 2.25 GWei)

IMPORTANT: we will only send you complimentary OKT tokens to those miners who’s HT balance is insufficient. If you already bought HT or haven’t spent HT we send you earlier you will not receive complimentary HT.

This should help you to maintain the sufficient HT balance so that you can transfer your ETH to another wallet. Which basically means that your ETH payout via HECO Chain is completely free for you.

Please make sure you set up the Gas limit: 50000 and the current Gas price (usually around 2.25 GWei) in your Metamask wallet.

Hope that helps. If you have any questions please contact our tech support team in chat on the website.

Ezil Team