Question 1

What is FuFu Points ?

Accepted Answer

${color}[#d31717](Our payment system has been fully upgraded, and the new FuFu Points are online now, making your payments smoother and more secure!)

Q: How to start BitFuFu Cloud Mining

<h2 id="1bitfufuandproductintroduction">1. BitFuFu and product introduction</h2> Platform Introduction BitFuFu is a fast-growing digital asset mining service provider and the world's leading cloud mining service provider. BitFuFu has been invested by, and is the only cloud-mining strategic partner of Bitmain to date, the world’s leading digital currency mining hardware manufacturer. BitFuFu is committed to building a secure, compliant and transparent blockchain infrastructure, providing a variety of stable and intelligent hashrate service solutions for the global customer base. With its expanding global network of mining facilities and strategic partnerships with Bitmain, BitFuFu enables institutional clients and digital asset enthusiasts to mine digital assets efficiently. With a robust business model covering cloud-mining, miner hosting and self mining, BitFuFu can effectively control the risks caused by the market volatility and promote the vertical integration of the global digital asset mining industry. Products Introduction <ul> <li>The cost and output of mining are closely related to the miner's model, power consumption, hashrate, power supply and other indicators, BitFuFu scientifically standardized and integrated it through technical means, making the mining process simpler, even a newbie can easily start mining</li> <li>Users only need to pay attention to the following four indicators when they purchase cloud mining products on BitFuFu: hashrate fee, service fee, hashrate quantity, and plan durations</li> </ul> ${col

Q: How to Pay for Service Charges

${color}[#1955b9](1. What is the service fee?) Service fee refers to the operation and maintenance costs incurred by BitFuFu to ensure the stable operation of the miner, including costs of electricity, repair, maintenance, transportation, etc. ${color}[#1955b9](2. How many days of service fees are included when placing an order?) BitFuFu hashrate fees include hashrate fee + at least 10 days’ service fee.After that, the service fee needs to be paid manually by the user or automatically withheld by the platform if the Service Fee Withholding function is on (One lump sum payment for the whole cycle service fee upon purchasing is also accepted). ${color}[#1955b9](3. Why do Pro-Mining Plans support flexible payment of service fees?) Because the timing of service fee payment, the currency of payment, and the fluctuation of the market will affect your total cost, thus affecting the overall income of your order. For example, when you want to hoard coins or when the currency price is low, BTC will have less purchasing power. At this time, it is recommended to pay the service fee with USDT and keep the BTC you mined. When the currency price is high, BTC will have less purchasing power, and you can use the mined BTC to pay the service fee. In this way, you can earn from mining and also benefit from rising currency prices! ${color}[#1955b9](4. How to calculate the service fee amount?) Number of days to be paid * Order hashrate T * Unit price of service fee $

** Click here to check my FuFu Points**

||| Attention! When purchasing FuFu Points, the transfer amount will be converted into FuFu Points at the real-time exchange rate between the currency and USD. The converted FuFu Points can only be used for consumption on our platform and do not apply to any refund (FuFu Points are 1:1 equivalent to USD). | "FuFu Points" Introduction

FuFu Points can be used to purchase all products and services on our platform, including orders for hashrate plans, service fee payments, and service fee withholding
FuFu Points uses USD pricing and is 1:1 equivalent to US dollars, consistent with our product service. It protects users against the impact of price fluctuations of cryptocurrency
**FuFu Points support two ways of purchase: ** ** ①Use cryptocurrency to purchase FuFu Points directly (USDT, BTC, and ETH are supported). After the block confirmation of your transfer funds, FuFu Points will arrive** **②Use the funds to be refunded to purchase FuFu Points. Instant arrival without waiting ** ${color}[#d31717](

At the time of purchase, the transferred currency will be converted into FuFu Points at the real-time exchange

Question 2

KYC Levels and Limits

Accepted Answer

1. The current KYC "Identity Verification Level" includes 【Personal Verification】and 【Enterprise Verification】.

Personal Verification has two levels:

Lv.1: Basic verification
Lv.2: Advanced verification

Based on verification level, BitFuFu supports various transaction amount limits, please check the following:

The transaction amount is the sum of all hashrate fees and service fees paid.
If the user provides a clear and compliant ID photo, the system will conduct a preliminary review. Once the preliminary review is passed, the user will immediately enjoy a transaction limit of $1,000. After the preliminary review is passed, we will manually review your information, and this process is expected to be completed within 1 to 3 working days.
If the manual review is not passed, your $1,000 transaction limit will be frozen, and you will not be able to continue trading on the BitFuFu platform. However, if you have already purchased a cloud mining plan, you can continue to pay the service fee for the plan.
If you are a "restricted person," your KYC identity verification will not be approved. However, if you live in an unrestricted country or region overseas and provide proof of residence, you can pass the verification.

Click here to view restricted persons

For more que

Question 3

What is cloud mining?

Accepted Answer

What is mining?

Mining, in the context of cryptocurrencies such as Bitcoin, is the process of creating new blocks to the BTC blockchain in exchange for rewards. It is the only way to obtain BTC. It involves validating and adding new blocks to the blockchain by solving complex mathematical problems. Miners, who contribute their computational power to this process are rewarded with newly created BTC and transaction fees. This process is known as mining.

BTC utilizes the PoW (proof-of-work) consensus mechanism, which allocates currency based on a miner's computing power. Miners with higher computing power have a higher chance of mining a block than others.

What is a cloud mining ?

Cloud mining involves purchasing mining machines, hosting facilities, and managing daily operations and maintenance. BitFuFu offers cloud mining services that allow users to lease miner hashrate, enabling them to flexibly choose their desired hashrate and rental period. Users can start mining without the need to purchase mining machines or handle mining facility matters. This allows users to start cloud mining immediately.

Advantages of cloud mining services:

Flexible hashrate
Selectable rental periods
Real-time mining process monitoring
Daily output payment

Platform Introduction

BitFuFu is a fast-growing digital asset mining service and a world-leading cloud mining service provider. BitFuFu has been invested by, and is the exclusive cloud mining strategic partner of B

Question 4

How to start BitFuFu Cloud Mining

Accepted Answer

1. BitFuFu and product introduction

Platform Introduction

BitFuFu is a fast-growing digital asset mining service provider and the world's leading cloud mining service provider. BitFuFu has been invested by, and is the only cloud-mining strategic partner of Bitmain to date, the world’s leading digital currency mining hardware manufacturer.

BitFuFu is committed to building a secure, compliant and transparent blockchain infrastructure, providing a variety of stable and intelligent hashrate service solutions for the global customer base. With its expanding global network of mining facilities and strategic partnerships with Bitmain, BitFuFu enables institutional clients and digital asset enthusiasts to mine digital assets efficiently. With a robust business model covering cloud-mining, miner hosting and self mining, BitFuFu can effectively control the risks caused by the market volatility and promote the vertical integration of the global digital asset mining industry.

Products Introduction

The cost and output of mining are closely related to the miner's model, power consumption, hashrate, power supply and other indicators, BitFuFu scientifically standardized and integrated it through technical means, making the mining process simpler, even a newbie can easily start mining
Users only need to pay attention to the following four indicators when they purchase cloud mining products on BitFuFu: hashrate fee, service fee, hashrate quantity, and plan durations

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Question 5

How to Pay for Service Charges

Accepted Answer

${color}[#1955b9](1. What is the service fee?) Service fee refers to the operation and maintenance costs incurred by BitFuFu to ensure the stable operation of the miner, including costs of electricity, repair, maintenance, transportation, etc.

${color}[#1955b9](2. How many days of service fees are included when placing an order?) BitFuFu hashrate fees include hashrate fee + at least 10 days’ service fee.After that, the service fee needs to be paid manually by the user or automatically withheld by the platform if the Service Fee Withholding function is on (One lump sum payment for the whole cycle service fee upon purchasing is also accepted).

${color}[#1955b9](3. Why do Pro-Mining Plans support flexible payment of service fees?) Because the timing of service fee payment, the currency of payment, and the fluctuation of the market will affect your total cost, thus affecting the overall income of your order. For example, when you want to hoard coins or when the currency price is low, BTC will have less purchasing power. At this time, it is recommended to pay the service fee with USDT and keep the BTC you mined. When the currency price is high, BTC will have less purchasing power, and you can use the mined BTC to pay the service fee. In this way, you can earn from mining and also benefit from rising currency prices!

${color}[#1955b9](4. How to calculate the service fee amount?)

Number of days to be paid * Order hashrate T * Unit price of service fee

$

Question 6

How to complete the KYC verification?

Accepted Answer

The importance of KYC

Know your customer (KYC) is a process that verifies the identity of the customer. Bitfufu requires that all customers complete the KYC before purchasing our mining products. KYC is used to comply with local anti-money laundering, anti-terrorist financing, and other relevant regulations and policies. By providing identification authentication, we can better protect customer accounts, decrease the possibility of fraud, and provide customers with better service. We will strictly protect the personal information of our customers.

Hence, we would like to invite our clients to review the KYC rules below to gain a better understanding, and to avoid KYC verification rejections.

Personal verification - Level 1

The KYC verification process requires the upload of ONEof the following documents: passport, NRIC (National Registration Identity Card), driver's license.

Documents must be submitted in a photo format, only JPG and PNG files are accepted, scans or photocopies will not be accepted
To verify NRIC and driver's license, both sides of the photo must be uploaded.
It is strictly forbidden for clients to download identification documents from the internet or submit tampered identification documents; otherwise, we will freeze the account without any further notice.
An expired passport, NRIC, and driver's license cannot be submitted for verification.
For verification, the NRIC or driver license must contain English; otherwise, a passport

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