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How Playing Minecraft Game Gives a Chance to Earn Bitcoin

October 2, 2023
in Bitcoin
0

Minecraft offers a chance to earn Bitcoin. A Minecraft server, Satlantis allows the player to earn Bitcoin while playing. Players can enter a virtual mining pool and can earn real Satoshi (Sats). The game provides sats to players every 10 minutes.

Satoshi is the smallest unit of Bitcoin, with each Bitcoin containing 100 Million Satoshi. According to startup Zebedee, which created the technology to power the third-party server, over 1 Million Satoshi are distributed every week which is about $300.

What is Satlantis and How Does it Help to Earn Bitcoin

Minecraft server Satlantis is accessible through Minecraft Java edition. The server’s IP is ‘play.Satlantis.net.’ Anyone can join and play Satlantis. But to earn Bitcoin there is a compulsion that users must obtain a virtual ASIC miner, the same kind which is used for real Bitcoin mining, and then supply it with emeralds. 

This process will increase the hash rate. The hash rate is shown on the right side of the screen. This will allow the user to enter into drawing every 10 minutes to win the Satoshi. The lowest tier of ASIC miner will allow adding 10 to the hash rate, but the user can acquire an ASIC miner that generates up to 40 hashrate.

To increase the hash rate, users can join the clan. This way the user can combine its hashrate with other members. This also improves the chances of winning. The earnings will be divided among the members depending on how much they have contributed to the group’s hash rate.

The chances of winning can be calculated by dividing the hash rate by the global hash rate which is displayed on the right-hand side of the screen. Then, it should be multiplied by 100. ASIC miners are the main way to earn sats in the game, users can also trade to get Bitcoins or sats.

There is a market where users can sell common to rarer items like clay, the most common item to the insect wings which is rare. But be aware of the market prices which may seem like $2,000 sats which is currently just over $0.50.

ASIC is a Compulsion to Earn Bitcoin

To get the ASIC miners in the game is a compulsion to earn Bitcoin. An ASIC miner can be obtained in two ways. The first is battle pass and the second is marketplace. It is easy to get the battle pass. It is earned by typing /bp in the in-game chat. It is available in the free and the paid tiers as well. In season 3, the user has to reach level 51 on the free battle pass before the user gets the “Elliptic Key” which allows to get an ASIC miner through an Elliptic Crate.

In the premium battle pass, the user gets the Elliptic Key at level 10. The premium battle pass costs $40 through Stripe. To level up, the battle pass user has to continuously work on it.

The ASIC is fueled through emeralds. The maximum amount of emeralds a user can place in the ASIC miner is 64 per fuel slot. This will increase the time taken by the miner to produce the hash rate. It is important to know that the emeralds are not obtained the same way as in Minecraft. But, there are trades in the lobby that will exchange emeralds in exchange for ores and sugar.

Latest posts by Ritika Sharma (see all)

This news is republished from another source.


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