$HYPE mining just went live.
Introducing Hypermine, the first launchpad where creator fees mine HYPE for holders.
Every coin’s fees rent Bitcoin hashrate at one of twelve leading pools, chosen at launch.
The mined BTC is converted straight to HYPE on Hyperliquid and paid out every hour.
Creators decide how the HYPE is split between holders, themselves, buybacks and burns.
https://t.co/aUdDPCAgEt
CA: H1unvm4JYjxfXvcKzvVVrYg3SGF1AaK8ZxfAEmpJxS6U
Hypermine is the launchpad that turns creator fees into rented Bitcoin hashrate.
The fees bid for hashrate at one of 12 pools. The pool’s Bitcoin payout reaches Hyperliquid through Unit, where it is sold for HYPE. That HYPE then goes to holders, the creator, wallets, buyback or burn, according to the coin’s split.
The engine that runs this is being built now, piece by piece.
https://t.co/aUdDPCAgEt
Hypermine holders need only one Hyperliquid address, however many coins they hold.
Sign once with the Solana wallet that holds your coins, and every Hypermine coin in that wallet is set to pay its HYPE to that address.
https://t.co/LE32FtgY3l
Update: Hypermine now checks every bridge route before it trusts it.
A Unit deposit address counts only after two of its three guardians have signed it: unit-node, hl-node and field-node. With fewer signatures, the engine will not use that address.
Fee claims and spot orders are next.
https://t.co/aUdDPCAOu1
Update: the Hypermine settlement engine is on the crafting table.
Four of the nine parts are built: the sealed treasury, guardian-verified Solana and Bitcoin routes through Unit, and live hashrate pricing from Braiins. Fee claims, spot orders, hashrate bids, payouts and the scheduler come next.
https://t.co/aUdDPCAOu1
New on Hypermine: Hash lab.
Run Bitcoin’s real proof of work on your own device. Your browser builds a block header on the current chain tip and hashes it with double SHA-256, the same work an ASIC does.
Every result comes with its raw 80-byte header, so you can re-hash it with any SHA-256 tool and check it yourself. Nothing is submitted to the network.
Try it at https://t.co/aUdDPCAgEt
One dollar of creator fees buys 2.63 quintillion hashes.
That is at today’s hashprice of $32.84 per PH·day, before rental margin. Each of those hashes is a double SHA-256 attempt on a Bitcoin block header.
A block takes 6.37 × 10^23 attempts on average, so one dollar covers about 1/242,000 of the expected work. Block 973,978 was valid because its hash fell below the network target, decided at the 21st hex digit: 8 against e.
Hypermine points that hashrate at the pool you choose and pays what it earns in HYPE.
https://t.co/aUdDPCAgEt
CA: H1unvm4JYjxfXvcKzvVVrYg3SGF1AaK8ZxfAEmpJxS6U
Proof of work comes to Hyperliquid.
Hypermine is the launchpad where every coin mines HYPE. Creator fees rent Bitcoin hashrate at twelve major pools, and the mined BTC becomes a daily spot bid for HYPE on Hyperliquid.
Holders are paid at 00:00 UTC.
https://t.co/aUdDPCAgEt
CA: H1unvm4JYjxfXvcKzvVVrYg3SGF1AaK8ZxfAEmpJxS6U
Mine Bitcoin. Burn supply.
On Hypermine, the fees your coin earns go to work on Bitcoin’s network, and you decide what happens to the output.
Send part of each daily payout to buybacks or burns, keep the rest going to holders, and set the whole split when you launch.
https://t.co/aUdDPCAgEt
CA: H1unvm4JYjxfXvcKzvVVrYg3SGF1AaK8ZxfAEmpJxS6U
The last mile of a Hypermine payout is two spot trades on Hyperliquid.
UBTC sells into the UBTC/USDC book, then the USDC buys HYPE on the HYPE/USDC book. Right now that works out to 853.28 HYPE per BTC, with spreads of 0.13 and 1.11 bps.
https://t.co/aUdDPCAgEt
CA: H1unvm4JYjxfXvcKzvVVrYg3SGF1AaK8ZxfAEmpJxS6U
Every Bitcoin block now strikes a mine on Hypermine.
The site marks each new block live at the pool that found it. Over the last 24 hours that meant 136 strikes, with 44 at Foundry USA, 29 at AntPool and 17 at ViaBTC.
https://t.co/aUdDPCAgEt
CA: H1unvm4JYjxfXvcKzvVVrYg3SGF1AaK8ZxfAEmpJxS6U
Hypermine update: you can now run Bitcoin’s proof of work in your browser.
Hash lab runs real double SHA-256 on your own device. Copy the header and verify it yourself. Nothing is submitted to the network.
Also new on the site:
Pool race: follow every pool’s blocks over the last 24 hours and start a coin at any of them.
Mining calculator: set the daily volume and creator fee rate to see the fees, hashrate and HYPE per day.
What your bags mine: paste any Solana wallet to see the HYPE its Hypermine coins earn per day.
Auto-stake: choose a Hyperliquid validator and your daily payouts land staked with it.
https://t.co/aUdDPCAgEt
CA: H1unvm4JYjxfXvcKzvVVrYg3SGF1AaK8ZxfAEmpJxS6U
ou can launch on Hypermine from any coin’s setup.
Open its mining page and tap “Launch with this setup”. The pool and payout split load straight into the launch studio, and you only add your own coin.
https://t.co/LE32FthvST
CA: H1unvm4JYjxfXvcKzvVVrYg3SGF1AaK8ZxfAEmpJxS6U
The Hypermine Mining desk shows what creator fees can rent right now.
Hashprice is $32.33 per PH·day, network hashrate is 1,076 EH/s, difficulty is 148.36 T and the average block pays 3.143 BTC. It is all live, so you can read the market before you launch.
https://t.co/aUdDPCAgEt
CA: H1unvm4JYjxfXvcKzvVVrYg3SGF1AaK8ZxfAEmpJxS6U
Bitcoin’s next halving arrives at block 1,050,000, about 76,000 blocks from now.
The subsidy drops from 3.125 to 1.5625 BTC. At today’s difficulty, one PH·day falls from 42,371 to 21,186 sats before transaction fees. Hypermine fees rent hashrate by the PH·day, so this is the number to watch.
https://t.co/aUdDPCAgEt
CA: H1unvm4JYjxfXvcKzvVVrYg3SGF1AaK8ZxfAEmpJxS6U
Twelve pools found 98.2% of Bitcoin’s blocks in the last month, and a Hypermine coin can mine at any of them.
Foundry USA led with 1,186 blocks, followed by AntPool with 936 and F2Pool with 756. A creator picks the pool at launch, and the coin’s fees rent hashrate there.
https://t.co/aUdDPCAgEt
CA: H1unvm4JYjxfXvcKzvVVrYg3SGF1AaK8ZxfAEmpJxS6U
Hypermine payouts can land staked.
Register a payout address, pick a Hyperliquid validator, and your daily HYPE arrives staked with it. Zero-commission validators currently show an estimated 2.23% APR, on top of what the coin mines.
https://t.co/aUdDPCAgEt
CA: H1unvm4JYjxfXvcKzvVVrYg3SGF1AaK8ZxfAEmpJxS6U
Every Hypermine coin sets its own payout split.
At launch, a creator divides the daily HYPE between holders, themselves, up to three wallets, buybacks and burns. The shares must total exactly 100%.
https://t.co/LE32FtgY3l
CA: H1unvm4JYjxfXvcKzvVVrYg3SGF1AaK8ZxfAEmpJxS6U
New on Hypermine: Hash lab.
Run Bitcoin’s real proof of work on your own device. Your browser builds a block header on the current chain tip and hashes it with double SHA-256, the same work an ASIC does.
Every result comes with its raw 80-byte header, so you can re-hash it with any SHA-256 tool and check it yourself. Nothing is submitted to the network.
Try it at https://t.co/aUdDPCAgEt
Hypermine update: the payout table is live.
The bonding curve holds most of a new coin’s supply, but it earns none of the HYPE. Hypermine excludes the curve and the pools from every payout, so the holders’ share is split only between wallets that actually hold the coin.
Here is $HYPERFARM right now:
Bonding curve: holds 95.67%, earns 0%
Btoq…MqTj: holds 3.32%, receives 76.79%
EUQw…ypka: holds 1.00%, receives 23.21%
Open any coin to see each wallet’s share. Holders need to register a payout address to receive their HYPE, and an unregistered share stays theirs until they add one.
https://t.co/aUdDPCAOu1
CA: H1unvm4JYjxfXvcKzvVVrYg3SGF1AaK8ZxfAEmpJxS6U
Every 2,016 blocks, Bitcoin reprices a PH·day.
Hypermine coins rent hashrate with their creator fees, so difficulty directly sets how much BTC those fees can mine.
At today’s difficulty of 148.36 T, one PH·day mines 42,371 sats before transaction fees. The last two retargets cut that by 10.5%, while the next one is currently estimated at −4.22%.
The peak over the past year was 50,318 sats in June. Same hashrate, same day, 19% more BTC.
https://t.co/aUdDPCAgEt
CA: H1unvm4JYjxfXvcKzvVVrYg3SGF1AaK8ZxfAEmpJxS6U