mining a token

You need a Solana wallet that can return a signed transaction, some SOL for transaction and mine fees, and units of the token you want to mine. That last one surprises people: weight on Lode is deposited units of the token itself, so mining a token requires already holding some of it. §4.1

Wallets that can only sign and send in one step are not listed. The client insists on receiving back the transaction it simulated, allowing only appended read-only safety assertions, which a sign-and-send wallet cannot provide. §8.3

1. 01

   deposit stake

   Units move from your wallet into the token's stake vault, held by the program. They are credited to you immediately and start counting as weight from the next round. §4.2

2. 02

   register

   A miner account is created for this wallet on this token. It is a one-time rent cost, refundable when you close it, and it is per token rather than per site.

3. 03

   solve

   The browser runs the Equihash solver in a worker against the round's current challenge. Nothing leaves the machine until a solution is found. §5.5

4. 04

   submit

   One accepted proof per wallet per round. The submission credits weight and does not move any tokens. A second submission in the same round is rejected. §5.3

5. 05

   claim

   A round's share is settled on your next action against that token, so it appears once the following round begins. Claim moves it from the emission vault into your token account, and does not interrupt mining. §4.7

Your share of a round is the round's budget multiplied by your active stake, divided by the total stake of everyone who submitted in that round. It is not knowable while the round is open, because more miners can still enter the denominator. §4.4

share

round_budget * your_active_stake / round_total_weight

submissions counted

1 per wallet per round

value of solving faster

none

value of splitting wallets

none, weights sum to the same total

Because the share is linear in stake and capped at one submission, running the solver on faster hardware changes nothing about the payout. It only makes it more likely you finish in time to submit before the round closes.

If the solver does not finish, or the transaction lands after the round has elapsed, that round is missed. The interface says so in muted text and moves on. It is not an error state and it does not affect your stake or your accrued rewards.

A round that ends with nobody submitting lapses entirely: its budget is not carried forward and stays unmined in the vault. §3.7

Mining pays a Solana transaction fee every round it submits, plus whatever platform fee is configured. Every instruction that can charge one takes a maximum you sign, and fails rather than charging more than that. §7.2

The live mine fee is 0.01 SOL per accepted proof. The platform authority can change it, so check the live fee your wallet is about to approve.