Xa-Miner Rebates
Both Xa-Miner 16TB and 64TB come with a rebate that pays out a portion of the purchase price over the course of 12 months. These payouts are made in SCP (ScPrimecoin) or SPF-B (ScPrimefund B) and can be used to fund storage collateral commitments, or in the case of SPF-B collect dividends on network-wide revenue. More on SPF-B can be learned in the announcement post.
For any distributed system to work in practice, there needs to be what’s called an ‘aligning of incentives.’ This means on a network like ScPrime, everyone (storage providers, renters, block miners, and others) benefits the most by playing nicely, with no one rewarded by cheating or not making good on commitments. Rather than punishing behaviours that impacts the network in a negative way, we want to make it most rewarding for those who bring positive influences.
The foremost example of this is the Xa-Miner rebate program, which comes in the form of the rebates for the Xa-Miner hardware and rebates for Xa-Miner software licenses. Common to both is the desire to reward providers who have risen to the challenge and bring good uptimes and healthy configs, especially during the first year of use where earnings are still building up.
This batch has ended
Xa-Miners sold in this batch will receive the new SPF-B token, enabling storage providers to earn from their own storage and a portion of the entire network's. 64 TB Xa-Miners qualify for 10,000 SPF-B spread across four rebates, while 16TB Xa-Miners qualify for 6500 SPF-B.
Black Friday & Beyond is the most recent batch and ran November 25 through January 20 2023. This batch is now closed and any Xa-Miner sales going forward will no longer have rebates.
Rebate Payment | Payout Date | Percentage of Total Rebate | 64 TB | 16 TB |
|---|---|---|---|---|
1 | 3 Months | 10% | 1000 SPF-B | 650 SPF-B |
2 | 6 Months | 20% | 2000 SPF-B | 1300 SPF-B |
3 | 9 Months | 30% | 3000 SPF-B | 1950 SPF-B |
4 | 12 Months | 40% | 4000 SPF-B | 2600 SPF-B |
Batch 2 has ended
The 16TB Xa-Miner comes with an SCP rebate of 37.5%, while the 64TB Xa-Miner comes with a rebate of 42.5%.
Please note: The percentages in the table below are of the total rebate, not the total price of the Xa-Miner.
Batch 2 ran June - October 31, 2022.
Rebate Payment | Payout Date | Percentage of Total Rebate |
|---|---|---|
1 | Immediate | 10% |
2 | 6 Months | 20% |
3 | 9 Months | 30% |
4 | 12 Months | 40% |
Batch 1 has ended
The 16TB Xa-Miner comes with an SCP rebate of 37.5%, while the 64TB Xa-Miner comes with a rebate of 42.5%.
Please note: The percentages in the table below are of the total rebate, not the total price of the Xa-Miner.
Batch 1 sales have ended. Sales started in December 2021 and concluded January 2022. This batch had a modified rebate payout schedule. Supply chain issues in early 2022 caused delays in getting Batch 1 Xa-Miners shipped. The project compensated buyers with immediate payouts of payments 1 and 2 upon completion of Xa-Miner setup.
Rebate Payment | Payout Date | Percentage of Total Rebate |
|---|---|---|
1 | Immediate | 10% |
2 | Immediate | 20% |
3 | 9 Months | 30% |
4 | 12 Months | 40% |
updated 2/1/23 v1.3
Last modified 4mo ago