Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Announcement: Launching Usage-Based Mining Mechanism and GPU Dashboard

Announcement: Launching Usage-Based Mining Mechanism and GPU Dashboard

Netmind BlogNetmind Blog2024/08/07 08:23
By:Netmind Blog
Announcement: Launching Usage-Based Mining Mechanism and GPU Dashboard image 0

We are excited to announce two significant updates aimed at enhancing the user experience and operational efficiency within the NetMind ecosystem.

1. Usage-Based Mining Mechanism

Our new usage-based mining mechanism is now live. Users will receive rewards based on the actual usage of their machines within the NetMind ecosystem. To encourage long-term stability, up to 10% of the reward pool will be allocated to idle machines. Our advanced task distribution system strategically assigns tasks based on stability and other factors, ensuring optimal network efficiency. This update fosters greater community involvement by closely tying rewards to users' real contributions and will significantly speed up the joining process for users currently in the queue.

2. GPU Dashboard

Our new GPU dashboard is now live. This dashboard provides comprehensive insights into GPU counts, utilisation rates, and overall network contributions. It embodies our commitment to transparency, allowing users to monitor and optimise their participation, ensuring they maximise their contributions to the NetMind network. By offering clear visibility into key metrics, the dashboard reinforces our dedication to maintaining an open and transparent platform. Visit the dashboard: https://power.netmind.ai/gpuDashboard

These updates are designed to enhance system efficiency and user experience, allowing more participants to actively engage with our platform. We remain committed to continuous improvement and look forward to seeing the positive impact these changes will bring to our community.

NetMind.Ai © 2021-2024 Terms and conditions Privacy policy
1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Australian Court Overturns License Ruling Against Block Earner, Sides with Fintech in Landmark Crypto Case

In a significant legal win for Australia’s crypto and fintech industry, the Federal Court has overturned a previous ruling that required digital finance firm Block Earner to obtain a financial services license for its discontinued fixed-yield crypto product.

DeFi Planet2025/04/23 21:55
Australian Court Overturns License Ruling Against Block Earner, Sides with Fintech in Landmark Crypto Case

Symbiotic Raises $29 Million to Build Universal Staking Coordination Layer

Symbiotic, a decentralised finance (DeFi) protocol, has secured $29 million in a funding round led by Paradigm and cyber.Fund.

DeFi Planet2025/04/23 21:55
Symbiotic Raises $29 Million to Build Universal Staking Coordination Layer