CryptoCash Docs
  • Introduction
    • Mining CryptoCash
    • Stacking CryptoCash
    • Token Configuration
    • History
  • Latest Docs
    • Contracts
      • Testnet Addresses
      • Mainnet Addresses
      • .cryptocash-vrf
      • .cryptocash-token-trait
      • .cryptocash-core-trait
      • .cryptocash-token
      • .cryptocash-core
  • archives
    • Testnet Contracts
      • Testnet Addresses (old)
      • Testnet Addresses (old2)
      • Testnet Addresses (broken)
Powered by GitBook
On this page
  1. Introduction

Mining CryptoCash

An overview of the mining process of the CryptoCash protocol

PreviousIntroductionNextStacking CryptoCash

Last updated 8 months ago

Anyone can mine for CryptoCash by sending a mine transaction to the CryptoCash smart contract on the Stacks blockchain.

There are no hardware requirements and the protocol is open source, so anyone can build a web app/site that interacts with it.

Miners can only participate once per block.

Once STX is sent for mining CryptoCash, it is not returned. [STX is distributed to CryptoCash Stackers(95%) & Foundation (5%).]

How it Works

CryptoCash miners spend STX while competing to earn the CryptoCash block reward, which follows are halving emission schedule and begins at 3,200 CryptoCash per block.

  • 95% of the STX that miners spend is are distributed to the people who Stacked their CryptoCash (Stackers)

  • 5% of the STX that miners spend is sent directly the Foundation wallet.

There is only one winning Miner per block that can claim the CryptoCash reward.