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Arweave minimalist mining tutorial

Read this article in 11 Minutes
Arweave, a new favorite in decentralized storage, raised $8.3 million in March from a16z, USV and Coinbase, and quickly learned how to mine the Arweave network.

Article title: "Arweave minimalist mining tutorial"
Lao lu's block chain notes



BlockBeats note: the project is still in the testing phase, and the team says it may not be able to proceed smoothly due to insufficient storage space.


Besides Filecoin, we can also focus on Storj, Sia and Arweave for the decentralized storage project. The first two old currencies are crazy, and there will be more opportunities for Arweave. Arweave completed the financing of $8.3 million in March, and the investors include a16z, USV and Coinbase. & have spent & have spent


• permanent and verifiable storage

• filecoin-like mining

• Coinbase  & have spent


Dig configuration


4 Core / 8 g RAM - 1024 - g / 512 g


How do you dig without talking nonsense?


1. Download the Arweave plug-in wallet and get the Arweave address.




2. Deploy Arweave mining server with one key through Ankr




Configuration default is ok, although the official website said no less than 8G RAM, now synchronization to see 4G is enough to use, the default is ok. & have spent & have spent




Name is up to you, Arweave Wallet Address can be used to generate the Address of plug-in Wallet.


The payment method supports USDT/ANKR/ credit card, and it is convenient to calculate the cost with USDT(recharge in advance). Currently, there is no discount for ANKR. There is a handling fee for the credit card, so $89 / month is not expensive.




After setting up the mining address and payment method, click Deploy Node to enter the deployment. Free 24 hours before the first node.




After about an hour of waiting, the node will move from deployment to synchronization, which is very slow at a height of more than ten days.




After half a day 1%, the fact proved that 8G RAM is not necessary, of course Storage is required to expand capacity. & have spent & have spent




advantage


1. One-key deployment of mining server

2. Pay on demand

3. It's more economical than AWS


earnings


Unknown, we need to wait for the completion of the synchronous block, and then calculate the daily income after mining. The way to get more chips in a short period of time must not be mining. Mining may be one of the cheapest ways to get chips.




The relevant information


• on November 6, 2019, the block chain storage protocol Arweave completed the financing of $5 million, and a16z led the investment

• on March 6, 2020, the block chain storage protocol Arweave completed the financing of $8.3 million, with investors including a16z, USV, Multicoin Capital and Coinbase

• May 31, 2020 nft42 launches decentralized NFT casting platform InfiNFT Alpha, using Arweave and IPFS to store files

• according to Data statistics from Viewblock, as of May 31, 2020, Arweave had 490 nodes, the number of addresses was 15,746, and the Data Stored was about 648.43gb.


A link to the


Arweave website:www.arweave.org
Plug-in wallet:https://chrome.google.com/webstore/detail/iplppiggblloelhoglpmkmbinggcaaoc

Block browser: & NBSP;www.viewblock.io/arweave
General mining tutorial:www.arweave.org/mine/start
Ankr one-key node:www.ankr.com/product
Coingecko:www.coingecko.com/en/coins/arweave


Source:https://mp.weixin.qq.com



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