Mining overview
Mining on Necter means running other people’s verified computations on your device and getting paid per correct result. There is no proof-of-work hashing: the work is each project’s tasks, and you earn only when your result matches the network’s final answer.
What you need
Section titled “What you need”- A device: Mac (Apple Silicon or Intel, macOS 11+), Android phone (8.0+, arm64 or armv7), or a Linux, macOS or Windows server. Windows and Linux desktop apps and iOS are coming soon.
- An owner wallet. The miner can create one for you (with a recovery phrase) or import yours.
- Test NECTA for collateral, from the faucet (1,000 every 24 hours). No Sepolia ETH is needed: bonding, claims and payout changes are gasless.
- No open ports: the miner only makes outbound connections.
How it works
Section titled “How it works”- Install and set up. The miner creates a device key (
node.key, your device’s identity) and an embedded wallet, or uses your wallet. - Bind the device to your owner wallet. Both the wallet and the device key sign a short readable message.
- Get NECTA from the faucet.
- Subscribe the device to a project and bond collateral (at least the project’s
min_collateral). From the next epoch’s snapshot you are eligible for its committees. - Mine. The miner connects to the relay, accepts offers when your policies allow, executes tasks and signs votes.
- Claim your earnings after each epoch settles (hourly or longer, per project).
Choose your miner
Section titled “Choose your miner”macOS appMenu-bar app with the full dashboard. Universal DMG.
Android appMines while charging on Wi-Fi by default.
Servers: CLI and Dockernecter-miner daemon with an optional remote dashboard.
Download: github.com/Necter-Network/necter-releases/releases/latest.
What earns, what costs
Section titled “What earns, what costs”| Event | Effect |
|---|---|
| Your vote is in a finalized round’s voters | max(1, ceil(gas_used / 1,000,000)) compute units, paid at the project’s rate |
| You decline an offer | Nothing (never penalized) |
| You accept but do not deliver in time | Reputation down (fewer future selections) |
| Your vote disagrees with an audited final result | Reputation down, collateral slash (project-defined, ≤ 50 %) |
| Two conflicting votes from your key in one round | Equivocation: full collateral slash |