Holders of Qbit are rewarded with extra value generated in the Qbit Currency purchasing power by profits from our trades in Silver on the precious metals market, also by the value users and the market place on Qbit currency coins.

• Qbit Currency has 100 bits = 1 Qbit ordinary coin, and 2 decimal places, ie: 100 cents in a Dollar same as 100 pence in a pound (similarly to most fiat currencies in use today) this makes payment values easily understood..
• 1 Qbit Silver coin has 1 oz of .999 fine silver per coin and equals 100 Qbit ordinary Coins to each Silver Qbit.
• Miners earn 110.15 Qbit per Block every 90 seconds.
• As with any world currency their are no limits on Qbit Coins but only so many are produced in a 12 month cycle.

Qbit is an ASIC-resistant Privacy Currency that can easily be mined with your PC's CPU with enough ram and hard drive storage for the blockchain or you can join one of the mining pools.

• Qbit LiteBlock Technology allows the blocks to be small while including all neccesary transaction data within a block retaining all of the privacy features of the Qbit blockchain.

The Proof-of-Work (PoW) algorithm used by Qbit is the Chukwa algorithm (CPU and GPU) can be used for mining. Generally the more memory your CPU or GPU has, the more hashes it processes in a second as long as your core/thread count can keep up with it.

Our algorithm is ASIC-resistant and the Qbit strategy is to minimize ASIC mining on our network allowing its users to mine with their PC and reap the block reward for their efforts.

Website: https://qbit.money/.

Wallet: https://qbit.money/gui-wallets.html.

Explorer: https://qbitblockexplorer.com.

Block Time (sec): 90 = 40 Blocks per hour.

Consensus Method: POW.

Genesis Date: GENESIS_BLOCK_TIMESTAMP = 1609078260.

Qbit Coin: EMISSION_SPEED_FACTOR = 33.

Coin Supply: As volume Required, No set size.

Masternode: None. Decentralized uses community nodes

There will be no ICO just an Offer Direct to all our supporters to buy Qbit Silver Asset backed Electronic digital Currency at a reduced price giving them more value and purchasing power as Qbit starts to be accepted world wide as a valid Secure payment alternative.

Qbit is a no-premine Crypto Currency. We believe everyone who looks to support Qbit currency should have a fair and equal chance at mining Qbit.

Please feel free to send us any questions you still want answered to qbitcurrency@gmail.com and we will add them to our FAQ sections.

Is Qbit Silver backed cryto currency a Safe haven for the future.

Definitely YES, As all Countries Currency continues it's downward slide and loss of purchasing power leading to an inflationary rise in the worlds Economies, Qbit as a Silver Backed Asset Currency can never be worth less than the spot price of Silver on any given day, as Silver prices continue to rise over the next few years you may well see the Silver price hedging $100 dollars per 1 oz, This means that 1 Qbit will be worth a minimum of $1 dollar per coin thats the intrinsic value, the extrinsic value as more and more people use the coin has no ceiling the same as Bitcoin has no ceiling but also has no intrinsic value unlike Qbit Silver our base price is tied to the Silver market spot price this gives you a safe harbour and an investment return with full privacy of your transactions, you missed the Bitcoin float dont miss the Qbit one.