From 6ecef908121f7eadade845a4c14d9daccda583ca Mon Sep 17 00:00:00 2001 From: Nathan Woodburn Date: Fri, 9 Feb 2024 03:44:51 +0000 Subject: [PATCH] docs: create mining --- mining.md | 42 ++++++++++++++++++++++++++++++++++++++++++ 1 file changed, 42 insertions(+) create mode 100644 mining.md diff --git a/mining.md b/mining.md new file mode 100644 index 0000000..0d494db --- /dev/null +++ b/mining.md @@ -0,0 +1,42 @@ +--- +title: Mining +description: +published: 1 +date: 2024-02-09T03:44:45.659Z +tags: +editor: markdown +dateCreated: 2024-02-09T03:44:45.659Z +--- + +# Mining + +Handshake (HNS) is mined using a combination of the BLAKE2b and SHA3 algorithms. + +**Handshake blockchain details:** + +- Proof of Work (PoW) with difficulty adjustment after each block\ +- BLAKE2b + SHA3 hash algorithm +- Block target time of 10 minutes +- [2,040,000,000 HNS maximum total supply](https://www.reddit.com/r/handshake/comments/j9g3y8/faq_what_is_the_coin_emission_schedule_for_hns/) + +It is not efficient to try and mine with CPU/GPU. Instead, ASICs specifically built to mine with the above algorithm combination are the way to go. + +**List of known Handshake ASIC miners:** + +- [Goldshell](https://www.goldshell.com/products/#hns): HS5, HS3, HS3-SE, HS-BOX, HS1/1-Plus, etc. +- Various FPGA miners like MultMiner M1, Monad Imperium F2, Hummer Miner H1, etc. may also be able to mine efficiently + +Depending on your hash power, it may also be beneficial to mine with a mining pool vs. trying to mine solo. + +**List of Handshake mining pools:** + +- [Handshake pool mining stats](https://miningpoolstats.stream/handshake) +- Urkel +- [ViaBTC Mining tutorial](https://support.viabtc.com/hc/en-us/articles/900001994586-HNS-Mining-) +- [Poolin Mining tutorial](https://help.poolin.com/hc/en-us/articles/360055366031-Poolin-Supports-Mining-HNS) +- [DxPool Mining tutorial](https://www.dxpool.com/help/en/hns-mining-tutorial) +- [F2Pool Mining tutorial](https://f2pool.io/mining/guides/how-to-mine-handshake/) + +A wallet address will be needed to store mining rewards. This can be a deposit address generated from an entity such as Namebase, or it can be generated locally using Bob Wallet or various other wallets that support Handshake. + +See [wallets](/en/wallets) to get a list of wallets to you can use/