Ascraeus Mining Guide
Last updated on Feb14, 2023
- 1.Plug in your Deimos
- 2.Connect Deimos to your WiFi router with a cable
- 3.Make sure your mobile device is connected to the same WiFi
Don’t have an Ale Wallet?
Ale Wallet is your one-stop access to the Oort ecosystem. You need an Ale Wallet to manage your Deimos and your earnings. Download now.
Users can only use Ale Wallet app to add and manage devices. Ale Wallet Chrome Extension doesn't support this function.
Make sure you are using the right wallet address. You can switch to different addresses by clicking the “Switch” button. (If you wish to change your address after connecting the Deimos, you can use the “Transfer Device” function)
Click “Add Devices”
Click the “Find Devices” button and all the Deimos devices that have been connected to your WiFi router will show up.
Click “Next”. You can select all the devices available in your network.
Click “Next”. Confirm the device and wallet details. Please make sure that you are connecting Deimos to the correct wallet address.
Click "Add Devices"
Type in your associated wallet password to complete this step.
It can take up to a few minutes for your newly added device to show up in DEN mining page. Feel free to close this tab and check later.
Adding collateral to your device is optional. Adding collateral would boost your mining rewards to 100%. Devices without collateral will still make 15% of the full mining rewards. Learn more about collateral.
Users can choose to add collateral with either CCN or an equivalent amount of CCNA (based on real-time token price). Collateral will be locked for 360 days, which we call the serving period. After the serving period, collateral will be returned to miners Account Balance.
- Collateral for Deimos: 500 CCN
- Collateral for Helium hotspots: 500 CCN
At the beginning of Ascraeus testnet, only CCN collateral will be accepted as there won’t be much CCNA minted and circulated in the market
Add collateral to multiple devices
Add collateral to individual devices
Click the “Add Collateral” button in the Total Collateral section.
Choose the token you want to use for collateral. (At the beginning of Ascraeus testnet, only CCN collateral will be accepted as there won’t be much CCNA minted and circulated in the market.)
Switch to the right wallet accordingly. If you are using CCN, you need a Huygens network wallet. If you are using CCNA, use an Ascraeus network wallet.
All the devices without collateral will show up. Select the devices you like and click next
Confirm the collateral details
Go to the "My Devices" tab
Click on any device ID
Click the Add Collateral button in the Collateral section
Mining rewards will be distributed every hour.
25% of the mining rewards will be released immediately, and 75% will be released linearly in 270 days.
Each device will have its own Reward Score. Reward Score represents the actual mining rewards you will receive compared to the max mining rewards you can receive.
Having a 0.98 Reward Score means you will receive 98% of the max mining rewards. Adding collateral and maintaining a high Online Score would ensure a high Reward Score.
- 1.Collateral. Adding collateral will boost your rewards to 100%.
- 2.Device Online Score. Online Score represents an edge node’s stability. When a device is offline or not functioning properly, the Online Score will decrease. The actual mining rewards you will receive will thus reduce. The highest Online Score is one, and you won't be receiving any rewards when the Online Score becomes zero.
- 3.Network growth. As more edge devices we have running on the network, the mining rewards will increase accordingly. Learn more about Deimos mining rewards.
IMPORTANT: Deimos running in Mainland China cannot receive any token rewards because of regional restrictions.
You can see your account balance, manage collateral and assets, check device status and mining rewards.
Account balance represents all the funds that you can withdraw to your connected Ale Wallet address, including unlocked rewards and unlocked collateral. Any penalties occurred will also be auto deducted from your account balance.
Please note, you need to withdraw account balance to your Ale Wallet first to start using the tokens for collateral.
You can choose to add collateral to a device or not. Adding collateral would boost the mining rewards to 100%. Devices without collateral will still make 15% of the full mining rewards. Learn more about collateral.
Yes! You can remove collateral at any time. However, removing collateral before the serving period ends will result in penalties. You can withdraw the remaining collateral from your account balance.
Penalty amount = 50% * max (remaining serving period/360 days, 1/2) * full collateral amount
You can only remove collateral from each individual device.
Go to the "My Devices" page. Go to the device that you want to remove collateral from. Click the "Remove Collateral".
Confirm the penalties and you can withdraw the rest of the collateral in your device balance or account balance.
You can transfer your edge device to another wallet address. Transferring a device means you will transfer all its current assets and future earnings.
Only transfer devices to another wallet address of yours or someone you trust.
Go to the "My Devices" page. Go to the device that you want to transfer and scroll to the bottom. Click "Transfer Device".
Type in the receiving wallet address and click "Transfer Device"