BitEqual
BTEProject Safety Score: 6%
Updated 3 weeks, 3 days agoMechanics
Distribution
& Market
Behavioral
Credibility
BitEqual is a decentralised protocol that lets users earn tokens through a virtual form of mining. It follows the same principles as Bitcoin, using fixed supply, halving schedules, and proportional distribution, without the need for physical machines, electricity, and other expensive infrastructure.
Instead of the expensive Proof-of-Work mechanism, we introduce the virtual PoW mechanism where users mine tokens with virtual on-chain devices, powered by smart contracts. These virtual devices give users virtual hashrate, and rewards are distributed fairly to all participants based on their share of the total virtual hashrate.
Everything happens on-chain. There is no randomness, no luck, and no central control. The system is open, simple, and transparent.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.