Step-by-step guide to mine $MINER for beginners.
1. Open https://t.co/4XFuLz0tVY and click "Get Started"
2. Click the "Account Settings" button at the top of the page.
3. A wallet will be automatically generated for you. Fund it with a small amount of SOL to cover transaction fees (0.02 SOL is enough for approximately 3 days of continuous mining).
4. Click the „Start” button & watch the mining progress
5. Click "Claim" after round to collect your mined tokens.
It's that simple.
From that point on, every claimed token is added to your wallet balance. Your holdings automatically increase your mining weight, and you can sell your mined tokens at any time.
To do that, simply export your private key from your account settings and import it into your Phantom wallet.
You can also send tokens to your wallet to increase your mining weight
Start mining for free now. Or buy $MINER first to increase your mining power and mine more than others.
GNuooA9WSTDazufDHksrdkspCieoxBERuWNUewkMbyzG
It’s time to mine.
@cryptodotlana It looks good only when you think about it conceptually. But once you calculate it and multiply it by the number of miners, the growth becomes linear and leads to enormous numbers and hyperinflation in a very short period of time.
Round opening has returned to normal, the MINER has continued operating, and miners have resumed mining. The entire system is now fully operational again.
I apologize for the issue, and thank you for your patience and understanding. I fixed it as quickly as I possibly could.
Happy mining! ⛏️⛏️
Problem identified and fixed. The GitHub source code will be updated for full transparency with you.
The issue: someone computed the PDA of a round account before it was initialized by cranker and sent a small amount of lamports to it. As a result the crank started spamming this error:
"crank error: Transaction simulation failed: Error processing Instruction 0:
instruction requires an uninitialized account"
It required an empty, uninitialized account but was getting one that someone had blocked with lamports.
This has already been fixed and the new version of the program has been pushed on chain through the multisig. But as I described at the start, for your safety nothing in the program code can be changed instantly, which is why changes have a 2h lock time and will take effect exactly at 4:43 AM UTC. That is when MINER should return to normal.
I am waiting until then to verify everything, and at that point I will also test it and confirm to you that it works.
@AfindsB That’s the whole point of the experiment. You can easily see that if he did that, it would greatly affect the value of those who have been mining way before him. And that’s exactly what miners want. Profit.
Not exactly what you described, but I’ve got a list of things planned that should lead to the same result. I’m thinking long-term, and I don’t want to throw everything at new users all at once. Some stuff just needs to be introduced gradually.
So yeah, it’s definitely on my mind and something I’m planning ahead for.
It should also help ease inflation, which seems to be one of people’s biggest concerns.
Problem identified and fixed. The GitHub source code will be updated for full transparency with you.
The issue: someone computed the PDA of a round account before it was initialized by cranker and sent a small amount of lamports to it. As a result the crank started spamming this error:
"crank error: Transaction simulation failed: Error processing Instruction 0:
instruction requires an uninitialized account"
It required an empty, uninitialized account but was getting one that someone had blocked with lamports.
This has already been fixed and the new version of the program has been pushed on chain through the multisig. But as I described at the start, for your safety nothing in the program code can be changed instantly, which is why changes have a 2h lock time and will take effect exactly at 4:43 AM UTC. That is when MINER should return to normal.
I am waiting until then to verify everything, and at that point I will also test it and confirm to you that it works.
Mining is temporarily not working. Someone found a vulnerability and carried out a deliberate attack that blocked the rounds, so a new round currently cannot start.
I’m working on the fastest possible solution and will keep you updated in real time.
Funds are safe, this does not affect the mining program itself. It only concerns the crank program and the opening of new rounds. It’s a minor bug that has temporarily suspended the system.
Everything will be back to normal shortly.
Thank you for your patience.
Mining is temporarily not working. Someone found a vulnerability and carried out a deliberate attack that blocked the rounds, so a new round currently cannot start.
I’m working on the fastest possible solution and will keep you updated in real time.
Funds are safe, this does not affect the mining program itself. It only concerns the crank program and the opening of new rounds. It’s a minor bug that has temporarily suspended the system.
Everything will be back to normal shortly.
Thank you for your patience.
Summary of MINER’s Second Day of Mining ⛏️
14 400 / 14 400 tokens were mined successfully.
This means miners mined $1152 USD worth of tokens today, which at the peak market cap were worth as much as $1,872 USD.
The total supply now stands at 1 034 710, representing an increase of nearly only 3.4% since launch. $MINER's average USD price keeps climbing steadily, day after day.
Average active miners today were around 250, with a peak of 402 miners online simultaneously. Mining activity continues to grow steadily.
If you're worried about $MINER's total supply growth, even though it's very slow and barely noticeable, we have great news for you. More on that soon 🔥
Everything shipped in today's update is running smoothly, and as of the new UTC day, the daily leaderboard is now tracking complete data.
I'd say GN, but miners never sleep...
TL;DR: it's much better than yesterday.
⛏️⛏️
Over 300 miners are already actively mining $MINER
And it’s only Day 2 of MINER.
The word is spreading fast, start mining now. The earlier you begin, the more you’ll mine.
https://t.co/sVSDrJegau
So why i think $miner might be the next ponzi on solana.
✅Its user friendly if you would like to mine you can do it in your browser. A wallet gets generated automatically for you which you have to fund with a small amount of sol (around 0.02 for 2 day) to cover the mining fees. You dont have to connect anything press on claim and the tokens go to your mining wallet.
this is actually great tech. in some time i guess solana:oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp whales will adapt aswell. its way more friendly and efficient as flywheel solana:GNuooA9WSTDazufDHksrdkspCieoxBERuWNUewkMbyzG
$MINER
roughly 1 day of mining at current market cap I've made $60!
And my current buy won't ever be outpaced by the mining! Yeah long term project here!
locking in on $miner
GNuooA9WSTDazufDHksrdkspCieoxBERuWNUewkMbyzG
The first https://t.co/4XFuLz0tVY update is here! ⛏️
We've been heads down since launch, listening to your feedback and building. Today we're shipping it for you.
Here's what's new:
1. Leaderboard: See who's leading the pack. Top 100 miners of all time and top 100 today(Note: the 'Today' leaderboard starts counting from this update, so full daily stats kick in tomorrow (UTC).), with live status dots showing who's mining right now, rounds mined, current mining power(share) and total rewards claimed.
2. USD valuations: No more guessing. Your balance, unclaimed rewards and pending tokens now show their approximate dollar value, priced straight from the liquidity pool in real time.
3. Total claimed: Your lifetime mining stats, front and center. Every token your wallet has ever mined, all in one number.
4. Market cap: Now visible right under total supply, refreshed every 30 seconds. Everything you need in one place. No more jumping between tabs to check the token price.
5. Dark mode: You asked, we delivered. One click in the header switches the whole site to a sleek dark theme, and it remembers your choice.
6. How to guide: New to mining? A clean step-by-step guide takes you from zero to your first claim in minutes. No experience needed. It's should help with onboarding new miners.
Refresh the page and check out what's new.
Got feedback or ideas for the next update? Let us know below.
Thank you for mining with us. The experiment continues. ⛏️⛏️