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Scavenger Mining: Midnight GlacierDrop Phase 2
Manage episode 515888906 series 2923753
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In this conversation, Peter discusses significant updates regarding the Midnight project, focusing on the transition to phase two, which involves scavenger mining. He explains how users can participate in browser-based mining for $NIGHT tokens, the support from centralized exchanges like Kraken for token claims, and the opportunity to earn tokens through delegation to state pool operators in the Cardano ecosystem. The conversation emphasizes the importance of being prepared and aware of potential scams in the mining process.
Takeaways
Chapters
00:00 Introduction to Midnight Updates
02:53 Scavenger Mining Explained
05:48 Centralized Exchange Support for $NIGHT Tokens
08:34 Earning $NIGHT Tokens through Delegation
DISCLAIMER: This content is for informational and educational purposes only and is not financial, investment, or legal advice. I am not affiliated with, nor compensated by, the project discussed—no tokens, payments, or incentives received. I do not hold a stake in the project, including private or future allocations. All views are my own, based on public information. Always do your own research and consult a licensed advisor before investing. Crypto investments carry high risk, and past performance is no guarantee of future results. I am not responsible for any decisions you make based on this content.
🔗 https://www.youtube.com/watch?v=Fq8FhvxET2k
Subscribe to the audio podcast:
🔗 https://bit.ly/learncardano-spotify
🔗 https://apple.co/3jEPM8C
🔗 https://learncardano.io/
Follow on Social:
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Takeaways
- Phase two of the Midnight project involves scavenger mining.
- Users can mine $NIGHT tokens directly through their browsers.
- No technical setup is required for scavenger mining.
- Kraken will support the claim process for $NIGHT tokens.
- Users can earn $NIGHT tokens by delegating to state pool operators.
- The scavenger mining event will last for 21 days.
- 30 million $NIGHT tokens will be available daily during the event.
- It's crucial to verify if your stake pool operator runs a Midnight node.
- Be cautious of potential scams in browser-based mining.
- Support for the channel is appreciated through various means.
Chapters
00:00 Introduction to Midnight Updates
02:53 Scavenger Mining Explained
05:48 Centralized Exchange Support for $NIGHT Tokens
08:34 Earning $NIGHT Tokens through Delegation
DISCLAIMER: This content is for informational and educational purposes only and is not financial, investment, or legal advice. I am not affiliated with, nor compensated by, the project discussed—no tokens, payments, or incentives received. I do not hold a stake in the project, including private or future allocations. All views are my own, based on public information. Always do your own research and consult a licensed advisor before investing. Crypto investments carry high risk, and past performance is no guarantee of future results. I am not responsible for any decisions you make based on this content.
🔗 https://www.youtube.com/watch?v=Fq8FhvxET2k
Subscribe to the audio podcast:
🔗 https://bit.ly/learncardano-spotify
🔗 https://apple.co/3jEPM8C
🔗 https://learncardano.io/
Follow on Social:
🔗 https://x.com/learncardano
🔗 https://facebook.com/learncardano
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