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How to Mine Nervos (CKB) on Binance Pool?

How to Mine Nervos (CKB) on Binance Pool?

2024-04-15 07:31
What is Nervos (CKB) ?
The Nervos Network is an open-source public blockchain ecosystem and collection of protocols, with the Nervos CKB (Common Knowledge Base) as the layer 1, proof-of-work public blockchain protocol of the Nervos Network. The CKB token is the network's native token and represents rights to occupy state storage on the network. CKB is also used as payment for block rewards, transaction fees, and to earn staking rewards via the NervosDAO.
You can learn more about CKB from Binance Research.

How to get started with CKB mining on Binance?

Applicable Miners
Nervos can be efficiently mined with ASIC mining machines.

How to mine CKB?

1. Binance Pool account registration
Visit the official Binance Pool website and register for a Binance Pool account to create a mining account. You may also create multiple sub-mining accounts to suit your needs. For more details, please refer to What Is Binance Mining Account and How to Create It?.
2. Mining configuration setup
2.1 Configure Stratum URL
  • Pool 1: stratum+tcp://ckb.poolbinance.com:443
  • Pool 2: stratum+tcp://ckb.poolbinance.com:1800
  • Pool 3: stratum+tcp://ckb.poolbinance.com:3333
2.2 Create a worker name and password
Create a worker name ("MiningAccount.Worker") and set up a password. Worker names can be numbers or a combination of numbers and letters. For example, if your mining account name is MiningCKB, your worker name could be "MiningCKB.001". Password is optional.
2.3 Mining configuration
Take Antminer as an example. Log in to your Antminer and click [Miner Configuration]. Enter your details and click [Save & Apply] to finish the setup. To ensure stable mining, we recommend setting multiple ports. When one port fails to connect, the miner will automatically switch to the next and continue mining.
3. Check hashrates
After your miner is up and running, you can view the performance statistics in approximately 10 minutes. Go to [Workers] to view the active hashrate.
4. Check earnings
The settlement cycle calculates from 00:00 of the previous day to 00:00 of the current day (UTC). The mining pool payment occurs between 02:00 to 10:00 (UTC) every day.
After the settlement is completed, your mining income will be credited to your Funding Wallet. You can check the daily income records from the [Earnings], or [Wallet] - [Funding Wallet].