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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.

  • 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.
  1. Install and set up. The miner creates a device key (node.key, your device’s identity) and an embedded wallet, or uses your wallet.
  2. Bind the device to your owner wallet. Both the wallet and the device key sign a short readable message.
  3. Get NECTA from the faucet.
  4. 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.
  5. Mine. The miner connects to the relay, accepts offers when your policies allow, executes tasks and signs votes.
  6. Claim your earnings after each epoch settles (hourly or longer, per project).

Download: github.com/Necter-Network/necter-releases/releases/latest.

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

Collateral, reputation and slashing · Reward epochs