We sincerely apologize for the inconvenience. Our website was down for a short period earlier, and our team is currently investigating the issue to identify the cause and ensure it does not happen again.
We appreciate your patience and understanding while we work on this.
We’ll provide another update once we have more information. 🙏
Thank you for your continued support.
🔥 THE BURN KEEPS GOING.
2.347% of $DELVER supply burned. That's 23,470,593 tokens gone forever.
Next stop: 3%
Already 34.7% of the way there.
Every dip feeds the fire.
Haha, please don’t 😂 No need to spend that much or burn 10% of the supply yourself.
Honestly, we’re just grateful for the support from people like you. We wouldn’t have made it this far without the community pushing us, questioning us, and believing in what we’re building.
A few people have also been asking about the keeper and how the fees are handled. The fees will continue to be used for periodic buybacks and burns. We’re currently updating the keeper because the previous setup wasn’t as efficient as we wanted it would sometimes execute buybacks while the chart was already moving up.
We’re adjusting the mechanism so buybacks can be executed more strategically, particularly during downward price movements, rather than chasing the chart on the way up. The goal is to make the mechanism more efficient and help build a stronger, more sustainable floor over time.
We’ve only been building for a few days, and there’s still a lot ahead of us. We’ll keep our heads down, keep shipping, and keep improving DELVER step by step.
Thank you for being here this early. We’re just getting started. 🫡🔥
@delvermining@markjeffrey Should I buy 10% and burn myself? 😂 I really don't understand why people fade this at 17k.. market is insane crumble.
@delvermining you guys are lunatics with designing this, hats off 🧢
We’ve rebuilt the Subnets page to make Bittensor mining economics easier to understand at a glance. You can now set your own server cost and see rewards calculated net of infrastructure costs, with green showing profitable economics and red showing when rewards don’t cover the cost.
@yemu188 Thank you so much, truly appreciate the support. We wouldn’t be where we are today without the support and encouragement from amazing people like you.
We’ll keep our heads down, keep building, and do our best to deliver something worthy of that support. 🙌
2% OF SUPPLY: BURNED ✅
20,597,564 $DELVER gone forever.
That's over 20 million tokens the keeper bought on dips and sent straight to the burn address. Every transaction is public on-chain.
Next target: 3% 🎯
Every dip feeds the fire.
Hey, totally fair questions and we agree that the end goal should be minimizing trust assumptions as much as possible.
For the Treasury Safe and the accumulated ~2.3 ETH, we’re currently being careful about the timing of the transition. At this low market cap, moving a large amount of capital at once could create an opportunity for aggressive selling or unnecessary pressure on the market.
Our priority right now is to keep the capital productive and use the available funds for buybacks rather than simply moving everything into the Safe without a clear operational structure.
That said, we understand the concern: the docs should ultimately be backed by code and transparent onchain execution, not just trust in the deployer.
We’re actively working through the safest structure for the Safe transition and will publish the timeline once we’re confident it won’t compromise the mechanism we’ve built.
Appreciate you calling this out. We’d rather take a little more time and do it properly than rush it just to meet a date.
Someone suddenly showed up and called what we're building a “LARP product.”
Honestly, that hurts a little.
But that's okay.
We're not here to argue with anyone. We're here to build, improve, and let the work speak for itself.
Our mining infrastructure is real and publicly verifiable:
→ https://t.co/M2u2J3rmmG
→ https://t.co/4XFwVulz05
There is real hashrate being deployed, real mining activity, and onchain data behind what we're building.
We're still early. We're still learning. And there's a lot more to improve.
So instead of fighting over narratives, we'll keep doing what we know how to do:
Build. Ship. Improve. Repeat.
No hard feelings.
We'll let the work speak for itself. 🛠️
We’ve been building a new Subnets dashboard to answer a simple question:
What does mining on Bittensor actually pay, subnet by subnet?
Instead of looking at hashes, we’re tracking what miners earn from useful AI work comparing:
→ Average payout per miner slot
→ Median & best miner performance
→ Paid vs unpaid slots
→ Subnet registration cost
→ Payback time
→ Winner-takes-all dynamics
→ Total miner emissions
Every subnet becomes an opportunity that can be evaluated against its cost of entry and expected return.
2% IS IN SIGHT.
1.799% of $DELVER supply burned. That's 17,987,588 tokens gone forever.
Only 2,012,412 left until the next milestone.
Every dip feeds the fire.
Delver ($DELVER) What We’ve Built So Far :
→ Live dashboard with onchain data
→ Zcash & Bitcoin solo mining
→ Public rental & mining receipts
→ Automated buyback & burn keeper
→ Safe + Zodiac security architecture
→ Onchain burn tracking
→ DELVER Launchpad with an 80/20 fee model
→ 120 unit tests + 21 mainnet-fork tests
→ Everything designed to be measurable, verifiable, and public
So far, 3 mining rentals have been completed across ZEC and BTC, with more infrastructure being built around them.
We try again ZEC. Equihash. ⛏️
806 kH/s — 5M
864 kH/s — 15M
919 kH/s — 30M
Hashrate is moving toward the 1 MH/s target, with 0 rejected hashrate in the captured window.
This isn't a concept.
This isn't a dashboard mockup.
It's live mining.
Delver is building the infrastructure first and letting the data speak.
HALFWAY TO 2%.
1.512% of $DELVER supply burned. That's 15,122,017 tokens gone forever.
Just 4,877,983 left until the next milestone.
Every dip feeds the fire.
Thank you, truly appreciate that. 🙏
That’s exactly the mindset we want to keep. We’re focused on building real utility, improving the product, and making $DELVER something genuinely worth using. Price action will always come and go, but strong fundamentals and real utility are what we want to build for the long term.
Thanks for believing in what we’re building. We’ll keep working. 🫡
Yeah, 10% is interesting.
For now, our focus is straightforward: keep buying back and burning $DELVER.
If our mining operations successfully find a block, the rewards will also be used to buy back and burn $DELVER, turning mining revenue directly into token utility.
Once we reach around a $250K market cap, we’ll consider expanding the model by sharing a portion of the rewards with holders and potentially allocating part of the fees to the community.
For this phase, we’re intentionally avoiding direct token distributions because we don’t want to introduce unnecessary sell pressure.
The priority right now is simple: mine → generate revenue → buy back → burn → strengthen the ecosystem.
More utility can come as $DELVER grows.