Every trade points hashpower at the Bitcoin network.
// Protocol fees are claimed, swapped to BTC and rented as SHA-256 hashpower in batches. Every rental mines to one public address you can check on ckpool.
0x00.aProgram state
- program
- creator rewards → protocol · Solana
- token
- $HASH · SPL · Solana
- worker
- bc1qnr…lem5.rig*
- pool
- solo.ckpool.org:3333 · solo · 2% pool fee
- payout
- bc1qnr…lem5 (block reward goes here directly)
- fee route
- protocol fees → claimed → swapped to BTC → hashpower rented in batches
- status
- ■ RIG BAY · ARMED
- prevhash
- —
0x00.cProjection · trading volume → hashpower
Every day of fees buys a 24 h rental at today's hashprice (live BTC price and difficulty, plus ~6% rental-market margin). Odds follow from that hashrate against the whole network.
0x00.bProof · public payout address
bc1qnr3dc9d5jegclf68hrpec9p78c59ae3lxnlem5The first rental is placed once protocol fees reach 0.05 SOL. Its rigs point at this address and show up here and on the ckpool page within a minute of connecting.
One address. Rented hashpower. Public odds.
Projected from collected fees · live ckpool data takes over when the first rig connects
0x02.1Rack · ckpool workers
0x02.2Delivered hashrate
0x02.3Best share vs network
0x02.4Share heartbeat
0x02.5Workers · bc1qnr…lem5.rig*
| Worker | 1 h | Last share |
|---|
0x02.6If a rig finds a block
The block reward lands on the payout address in the coinbase transaction, checkable on mempool. How it is distributed after that is planned, not built: the split above is the current draft.
The first rental is funded by the first 0.05 SOL of protocol fees; after that every batch of fees buys more hashpower.
0x02.7What it takes
Every share is an independent draw. Odds scale linearly with rented hashrate; nothing accumulates between shares. All values use the live 1 h hashrate from ckpool and live difficulty from mempool.space.
0x02.8Quick spec
- claims
- In batches, done by the team for now · automation planned
- conversion
- Claimed SOL swapped to BTC per batch
- hashrate
- SHA-256 hashpower rented on a rig-rental marketplace
- first rental
- The first rental is funded by the first 0.05 SOL of protocol fees; after that every batch of fees buys more hashpower.
- mining mode
- Solo on solo.ckpool.org · 2% pool fee · a found block pays the public address directly
- block split
- 40 / 30 / 30 holders / buyback / next rentals (draft, planned)
Where every SOL goes.
Trades accrue protocol fees. They are claimed, swapped to BTC and rented as hashpower in batches. Everything that touches Bitcoin is checkable on ckpool and mempool.
Technical specification.
What runs, who runs it, and where to check it. Items marked planned are not built yet.
Trade
Every $HASH trade accrues protocol fees (creator rewards). No extra tax is added on top of the launch venue's fee.
Claim
Accrued fees are claimed in batches. For now the team runs each batch by hand; an automated keeper is planned.
Swap
Each batch of claimed SOL is swapped to BTC, which pays for the next hashpower rental.
Rent
SHA-256 hashpower is rented on a rig-rental marketplace. Every rig is pointed at solo.ckpool.org with the public payout address as its username, so its work shows up on the ckpool page. The first rental is funded by the first 0.05 SOL of protocol fees; after that every batch of fees buys more hashpower.
Hunt
The rigs mine solo. If one share meets network difficulty, the block's coinbase pays about 3.1 BTC directly to the public address (ckpool keeps 2%). Distributing a found block is planned.
0x04.aParameters
- token
- $HASH · SPL · Solana
- fee_source
- Protocol fees (creator rewards) set by the launch venue
- claims
- Batches, done by the team for now · automation planned
- swap
- Claimed SOL → BTC, per batch
- hashrate_venue
- Rig-rental marketplace, SHA-256, rented in batches
- first_rental
- Unlocks at 0.05 SOL in protocol fees. The first rental is funded by the first 0.05 SOL of protocol fees; after that every batch of fees buys more hashpower.
- pool
- solo.ckpool.org:3333 · solo mode · 2% pool fee
- worker
- bc1qnr…lem5.rig*
- payout_address
- bc1qnr3dc9d5jegclf68hrpec9p78c59ae3lxnlem5
- block_reward
- Subsidy 3.125 BTC + fees, minus 2% pool fee, paid in the coinbase to the payout address
- block_maturity
- 100 confirmations before a coinbase can be spent (Bitcoin rule)
- distribution
- Draft 40% holder airdrop · 30% buyback · 30% next rentals (planned)
- public_proofs
- ckpool user page + mempool address page (live) · claim, swap and rental receipts (planned)
Hnet = D · 232 / 600
// chance our rigs win one block
p = Hours / Hnet
// chance of at least one block in 24 h (144 blocks)
P24h = 1 − (1 − p)144 → now —