Bit Ecological Digital Asset, abbreviated as BED, adopts a hybrid consensus algorithm mechanism of PoW (Proof of Work) + PoS (Proof of Stake), continuing to use Bitcoins SHA256 algorithm. The total issuance is 21 million BED, with a block time of one block every 10 minutes. Block rewards start at 50 BED and halve every 210,000 blocks. Under the PoW + PoS consensus algorithm of BED, miners can participate in both PoW mining and PoS voting. In each mining cycle, if a miner successfully bids for a ticket, they receive all the block rewards and transaction fees; if a miner does not obtain a ticket, they will only receive a portion of the mining income.