How do we calculate the Energy Invoices
Formula for invoices
Payment for next month (assuming 100% uptime) - Unused electricity of the previous month.
1) Energy is always paid upfront.
2) You don’t pay for unused energy. This is credited on your next invoice.
3) You have 10 days to pay any outstanding invoice.
4) If an invoice is unpaid for longer than one month, auto payouts of Bitcoin will be disabled.
5) The first invoice always includes one-month security deposit per machine and a one-time setup fee.
Example:
With 100% uptime, the electricity bill for your machine is $100.
But due to maintenance or unexpected circumstances, your machine has been offline for 20% of the previous month.
Payment for next month (assuming 100% uptime) - Unused electricity of the previous month.
Your next invoice will be:
$100 - $20 = $80.
Payment for next month (assuming 100% uptime) + 1-month security deposit + Setup fee
In this scenario, your first invoice would be:
$100 + $100 + $100
For any questions, support@epicmining.io . Our aim is to respond to all questions within 1-2 business days.