Hello everyone, I am Nan Ke. Today I will introduce you to a way to participate in PoP mining through MinerFi.
You can understand Hemi's PoP (Proof of Proof) consensus mechanism as the network's 'security guard.' Its core task is to regularly submit encrypted proofs of the Hemi network's state to the Bitcoin blockchain for archiving, thus leveraging Bitcoin's unshakeable computing power to 'endorse' its own security.
As a PoP miner, your task is to participate in the process of generating and submitting these proofs. The MinerFi feature launched by the Hemi network is designed to lower the threshold for ordinary users to participate in this work.
Some may ask, then where does my profit come from?
Don't worry, as a reward for your contribution, after successfully completing the task, the system will issue you HEMI tokens as mining rewards according to the rules.
According to the official introduction, the entire process, from submitting proof to obtaining final confirmation on Bitcoin, takes about 90 minutes.
However, it is important to remind everyone that participating in mining usually requires you to run the corresponding node software, which may involve certain technical configurations and hardware resource investments. It is best to understand the specific requirements for hardware and network in the official documentation before taking action.
