Miners

Mine $ZEC on Solana.

Powered by @NEARProtocol.

[Miners @useminers]

Miners is now live.

This is the first way to mine Zcash on Solana.

Mint a miner by burning 100,000 $MINERS tokens. Every miner is randomly drawn from 12 different builds across four series, each with its own hashrate that determines how much of every distribution it earns.

There is no limit to how many miners you can mint. creator fees are routed through NEAR Intents, converted into $ZEC, and distributed every 10 minutes to active miners.

https://t.co/xJ6bhGWGzv

[Miners @useminers]

3/3

The $ZEC distributed comes from creator fees generated as $MINERS trades.

Those fees accumulate, are routed through @NEARProtocol Intents, converted into $ZEC, and then fed into the distribution pool.

Your payout = distribution pool × your hashrate ÷ total network hashrate

More hashrate gives you a larger share, as more miners are minted, the network grows and every existing miner competes against a larger total.

[Miners @useminers]

1/3

How it works:

When you first visit https://t.co/xJ6bhGWGzv, you will be prompted to create a Zcash wallet for your payouts.

The wallet is generated directly in your browser and is fully self-custodied.

Your 24-word recovery phrase is then shown, so make sure you write it down and store it somewhere safe. 🧵

[Miners @useminers]

2/3

Once your payout wallet is set, you can start minting miners.

Each mint burns 100,000 $MINERS permanently and gives you one randomly selected miner from 12 possible builds spread across four series: NODE, RACK, FORGE, and CROWN.

Every build has a fixed hashrate. That hashrate is the only thing that determines how much of each distribution your miner earns relative to the rest of the network.

Every mint is its own roll, and every additional miner adds more hashrate to the total you control.

[Miners @useminers]

What if you could own an onchain miner that earns $ZEC and sends payouts directly to a self-custodied Zcash-compatible wallet?

Soon on https://t.co/QKR7LvydRe.