Equium
@EquiumEQM
CPU/GPU -mineable Solana token with Bitcoin-style economics — 21M cap, halvings, fair-launch via Equihash PoW
1 Following 4.3K Followers
Circulating market cap is now reflected on DexScreener!
$EQM is one of very few true L2 PoW tokens, trading at just $19k market cap - $210k FDV.
We are post TGE.
Mining rates remain consistent. As tech emerges to optimize mining rates we look forward to consistent supply building.
$EQM supply info has been updated on CG and will auto-populate on dexscreener shortly.
True market cap is $21k circulating.
PoW backs your tokens by the energy and hardware required to produce.
The thesis is not wrong, just early.
100,000 solana:1MhvZzEe8gQ8Rb9CrT3Dn26Gkn9QRErzLMGkkTwveqm , roughly 4.5% of the circulating supply, has been bought back and burned.
Ok but what if equium is a place where anyone can launch a PoW token on Solana?
It would be quite easy to design
1.) fork our program to allow deposit of any token
2.) DBC config leaves the mineable portion leftover to our admin wallet
3.) oracle to claim leftover and initialize mining.
Will prioritize pools and ecosystem tooling within our own token first, but this could be a great way for mass adoption of PoW tokens.
Could even make a mass pool that finds the hash rate of every EQM-Mineable token, compares with tradable price, and finds the most profitable token to mine at any given time. Endless possibilities.
Normalize PoW
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$EQM can be seen as an evolution of Solana tokens.
Our network hash rate costs real hardware & electricity expense to operate.
Therefore the token is backed by what users pay to mine it.
Similar to bitcoin, the electrical and hardware expense is similar to market value.
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gEQM miners!
Happy block # 2000 to all who celebrate 🎉
Achieving ~ 400 H/s for $0.149 / hour via 3090 rental.
Click the template. Rent the GPU.
If renting using this template it will automatically have our cloud mining software on your machine.
Just type ./cloud-mine.sh and start!
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Coingecko listing is live.
We've submitted our supply control via mining pool program as well to show proper market cap (currently ~ $130,000).
We have submitted our @coingecko verification request with fast pass!
ID: CL1205260005
To list: Equium solana:1MhvZzEe8gQ8Rb9CrT3Dn26Gkn9QRErzLMGkkTwveqm
We have submitted our @coingecko verification request with fast pass!
ID: CL1205260005
To list: Equium solana:1MhvZzEe8gQ8Rb9CrT3Dn26Gkn9QRErzLMGkkTwveqm
The thesis.
6 months from now it will have been so obvious.
The return of hobbyist token mining.
I remember back in the day (~13 years ago) going through bitcointalk forums with no money to buy crypto but I had a laptop.
I would speculate which coins I could mine that would one day be worth something
That was the original trenches.
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Now that some notable QoL updates have been dropped, I'll attempt to create a tutorial for mining with rented GPU's
I'll be experimenting with though I'm sure with some research a better rate could be found.
Stay tuned!
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What makes solana:1MhvZzEe8gQ8Rb9CrT3Dn26Gkn9QRErzLMGkkTwveqm sustainable:
- Difficulty adjusts every 60 blocks to maintain the 1 block / min threshold.
- ~ 36,000 solana:1MhvZzEe8gQ8Rb9CrT3Dn26Gkn9QRErzLMGkkTwveqm mined daily, after 8 months this will cut in half.
- The mining curve is designed to never run out, only increase scarcity at halvings/
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We have improved the efficiency of our default $EQM GPU client.
This is working in GPU-CLI currently. Porting this to web and gathering feedback from users is our next step.
A $EQM GPU mining client can be expected soon.
GPUs provide a much better hash rate than CPUs.
This will be shipped and iterated on live as I do not have the GPUs to test on a wide variety. Your feedback on this will be much appreciated.
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Near-realtime data is now available about the network.
Mining page is now optimized to use a pasted in RPC.
We recommend a free plan from @Helius for best results. We are now reworking the back end to display accurate real-time explorer data.
Thank you for your patience.
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