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Transfer cardminder to outlook4/7/2023 Step 3: Get your software environment ready f2pool distributes mining revenues on a daily basis to every user who reaches the payout threshold, which is 10 CFX. You can add or change your payout address in your Payout Settings. You can set a payout threshold and check hashrate changes and your rewards once you start contributing shares. Now add your Conflux wallet address created in Step 1 and add enter it in the payout settings. You are free to create multiple subaccounts to monitor your workers/miners. If you don’t have one yet, please click here to register. You’ll need to create an f2pool account before mining Conflux. Note: You should always do your own due diligence when choosing a wallet provider or exchange. You can also choose an exchange wallet address like MoonDEX or MXC. We recommend the official web browser wallet or Cobo Wallet. You can choose to run a full node wallet or use another wallet solution. You’ll need a wallet address to check and receive payouts to mine Conflux with f2pool. How do I set up the software and create an account? Step 1: Create a wallet addressĬreating a wallet address is always the first step when diving into a new blockchain network. This requirement will grow linearly at a rate of 1 to 1.5GB every year. Please note that GPU with memory more than 4GB will be required one week after mainnet Phase III launches. Octopus is an ASIC-resistant memory-hard algorithm, which means you can use GPUs to participate in Conflux mining.Ĭurrent Conflux mining software mainly supports NVIDIA GPUs. The mining algorithm Conflux uses is called Octopus. Basic information Itemsĥ billion CFX genesis supply + mining rewardsįor further protocol specifications, check the official technical documentation. The other way to get CFX is by mining.ĭuring phase II of its mainnet, Conflux organized a total of 14 mining testing activities, with 5,000+ miners running 4,800+ nodes participating. After Tethys is live, holders can convert its FC token 1:1 to CFX. Its genesis supply is 5 billion CFX, which will be unlocked gradually. There are no public sales of this project. The Conflux network operates on an account-based model similar to Ethereum and supports a modified version of Solidity and the EVM for its smart contracts so Ethereum smart contracts can be easily migrated to Conflux. In this comprehensive mining guide, you’ll gain not only an understanding of the Conflux ecosystem and how it works, but also a detailed and actionable process for starting your Conflux mining journey! What is Conflux mining? General overviewĬonflux is a next-generation blockchain system with a novel consensus protocol powering a highly scalable cryptocurrency and smart contract system.Ĭonflux provides significant performance improvements by processing parallel blocks with a special DAG structure called a TreeGraph that allows miners to incorporate and process transactions in all concurrent blocks instead of having to compete for the longest chain. Looking to contribute to Conflux and receive rewards for helping secure the network? We now support Conflux mining. Conflux (CFX) mainnet has entered a new phase: Tethys network is up and running, and its open mining just started.
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