What is SimpleBits.io?

Simplebits.io is a mining simulator as well as a crypto-making website by which you can make crypto via simulation and ads.

How to?

Tokens -

Tokens are the only currency you can use for mining and rent hardware, so SimpleBits prevents users from reinvesting and creating a pyramid-like economy that is not sustainable.

BoundTokens -

Bound Tokens are a final currency, you can only use it to buy PTC (Paid To Click Views) or withdraw it.

SCOINS -

SCOINS is a currency that you obtain by participating in the mining simulator game, it is very similar to what Bound Tokens are, the difference is that it can be divided into smaller fractions to distribute among the players.

Currently you can only exchange it for Bound Tokens, but we will give it more uses in the near future.

Mining Simulation -

Mining is a simple game where you compete with other players to get as much of the final reward as possible.

Your goal is to use your energy or dominance to generate as much hashing power as possible before the block's time runs out.

Once the time is up you can collect your reward.

Your reward is calculated as follows: (Your Hash Power / Total Hash Power) * Total Block Reward.

Levels and Exp -

You gain Experience by participating in the blocks using your energy. You also gain experience by completing the Faucet and Offerwalls.

There is no maximum level.

Dominance(In-game) -

Dominance is an attribute used to generate hashing power in mining blocks.

Unlike Energy, Dominance does not give you experience.

Dominance is directly related to your level, dominance points are equal to: Your Level * 3

Every 5 minutes, 10 dominance points are restored automatically.

Energy -

Energy is an attribute that is used to generate hashing power in the mining blocks and at the same time receive experience to level up.

3 points of energy are regenerated every 5 minutes automatically.

Another option to regenerate energy is using the Bound Tokens.

Algorithm -

SHA256, Ethash and Scrypt are algorithms / stats that allow you to increase your hashing power by using your energy or dominance, so you can increase your total hashing power in the block with the specific algorithm.

Energy Index -

The Energy Index (EI) is a limit of how many energy points you can have as maximum according to your level.

The maximum EI is 7.0

The EI equals to: Your Total Energy / Your Level.

Power Index -

The Power Index represents the hashing power in relation to your level.

Power Index: Algorithm / Your Level

Currently it does not represent any limit, but it will be adjusted according to the progress of the game.

Hardware -

You can rent Hardware to generate passive income daily for different periods of time, the longer the period, the more interest you will generate.

Also each hardware adds bonus to algorithm stats, increasing your hashing power as long as it has not expired.

Luck -

Luck is a stat that increases the probability of generating greater hashing power, reducing the distance between the minimum and the maximum hash that is generated randomly each time you use your energy or dominance.

So the more luck points you have, the more likely that the generated hashing power will be the maximum in relation to your algorithm stats.

Every time you use energy, the hash is calculated as follows:Your max hash: (Your Algorithm / 10) * Energy/Dom UsedRandom factor: (Random Number between 1 and 0.1)Your luck: (Luck * Random Number Between 1 and 0.01) / 1000Random factor: (Random Factor + Luck)Final Hash = Max Hash * Random Factor
Example: You have 300 Scrypt, 500 Luck and you use 20 energy
Your max hash = 300 * (0.1 * 20) = 600 H/sRandom factor: (you roll 0.56 )Your luck(500) you roll (0.34) = (500 * 0.34) / 1000 = 0.17Random factor(0.56) + luck(0.17) = 0.73Final hash = 600 * 0.73 = 438 H/s
Example 2: You have 1200 SHA256, 1700 Luck and you use 100 energy
Your max hash = 1200 * (0.1 * 100) = 12000 H/s (or 11.~ MH/s)Random factor: (you roll 0.62)Your luck(1700) you roll (0.87) = (1700 * 0.87) / 1000 = 1.48Random factor(0.62) + luck(1.48) = 2.1Final Hash = 12000 * 2.1 = 25000 H/s (or 24.~ MH/s).

-source SimpleBits.io

-Provided By Anoymous0925.