StonkPit - $DERP
@stonkpit
Proof of Work, In-Browser Mining, for StonkBrokers and MineBoys(PitBoys) on Robin Hood Chain || Decentralised Entropy from Recycled Proofs - $DERP - 5de12p ||
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Borin' Odoh goes live tonight in The DerpPad!
Around 21:00 GMT we run the last checks and open The Pit for NFT Mining.
You will need a Stonkbroker or PitBoy to Mine with.
1,024 spirits. Same shifts you already work - every clock-out has a chance at landing a claim.
Pre-reveal until we flip the art.
Mining on and Odoh website is
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We did have some teething problems with Opensea Yesterday, so depending on how that is resolved with OS, there might be a few more changes to make before it's Publicly available.
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DerpNotes are live.
Lock an exact face of mined DERP — 10,000 / 100,000 / 1,000,000 — inside a bearer note NFT. Pick a vesting lock: 30, 90, or 180 days. The DERP escrows in the contract; the note is the claim.
When it matures, whoever holds it can break it: the contract sells the face to the Merchant at the live floor price and pays the ETH straight to the bearer. The Merchant's price only rises — a vesting note can never be worth less tomorrow than today.
Wrapping is free. Art and metadata 100% on-chain. 10% enforced royalty on every resale feeds activated DerpBoys and the Merchant.
Wrap: Trade:
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Post 1 - DerpPad is Deployed.
Testing (coming soon)
Every mining shift you already run can now carry up to 16 extra payloads, created by anyone at any time.
PRS - Problem, Reaction, Solution
The StonkPit mines are frozen bytecode. We can't make mining one wei cheaper — nobody can, that's the point of frozen.
(a V2 is in creation... but StonkPit WORKS, so rather than fix what ain't totally broken, we'll improve what already works).
So we went at efficiency from the other side: same work, more output.
- Test Mode active, but once open to the public it's a Queue system - anybody can launch a Coin into the Queue ready to be Mined on a Slot freeing up.
Permissionless by design, Experimental by nature.
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1/11
This is StonkPit. A mining floor on Robinhood Chain.
People do real SHA-256 work in a browser and get paid in a token. The byproduct of that work is randomly/disordered numbers. Other projects buy the number. The money from those sales, and from a few other places, all lands in one bid under the token — a bid that only goes up.
That loop is the whole product. The rest of this thread is just walking the wheel.
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