How to Mine HOT on NEAR Wallet
NEAR Wallet, a mini-application on Telegram, offers a seamless and engaging way to store cryptocurrencies like NEAR and USDT while also allowing users to mine HOT tokens. With the growing popularity of NEAR Protocol, HOT mining has become an attractive option for crypto enthusiasts. This blog post will guide you through the process of mining HOT on NEAR Wallet and provide tips to enhance your mining efficiency.
What is NEAR Wallet?
NEAR Wallet is a non-custodial wallet integrated into Telegram, designed to handle assets on the NEAR network, including the HOT token. Launched on January 31, 2024, it quickly gained traction, attracting 200,000 users in just 36 hours. The wallet allows you to manage, send, and receive tokens, and participate in the mining of HOT tokens.
Features of NEAR Wallet
- Asset Variety: Supports HOT tokens, NEAR cryptocurrency, and USDT stablecoin.
- Official Stamp: Fully functional and secure, backed by NEAR Protocol.
- Token Management: Allows buying, sending, and storing tokens.
- HOT Token Perks: Use HOT tokens for transactions, gaming, and paying fees on the blockchain.
How to Start Mining HOT Tokens
Mining HOT tokens through NEAR Wallet is straightforward. Follow these steps to get started:
to start mining, click here ( get started with near HOT bot)
Step 1: Create an Account
Open the NEAR Wallet mini-app on Telegram and set up your account. Choose a unique nickname that will act as your payment address on the blockchain.
Step 2: Claim Your First HOT Token
After setting up your account, click on the “Claim HOT” button to receive your first free HOT token. This starts the mining process.
Step 3: Maintain Your Storage
The mining process will stop when the Storage bar fills up. Initially, the Storage is enough for two hours of mining. You need to claim your mined tokens every two hours to continue mining.
Enhancing Your Mining Efficiency
To make the most out of your HOT mining experience, consider the following upgrades and tips:
Upgrade Your Storage
Upgrading your storage allows you to mine for longer periods without interruption. There are six levels of storage, each offering more mining time:
- Level 0: Wooden Storage — 2 hours (free)
- Level 1: Metal Storage — 3 hours (0.2 HOT)
- Level 2: Modular Storage — 4 hours (0.5 HOT)
- Level 3: Liquid Storage — 6 hours (1 HOT)
- Level 4: Titanium Storage — 12 hours (4 HOT)
- Level 5: Gold Storage — 24 hours (10 HOT)
Increase Mining Speed
Mining speed can be boosted by upgrading your Fireplace and Wood. Here are the levels of the Fireplace upgrade:
- Level 0: Wood Fireplace — 0.01 HOT/hour (free)
- Level 1: Stone Fireplace — 0.015 HOT/hour (0.2 HOT)
- Level 2: Gas Fireplace — 0.02 HOT/hour (1 HOT)
- Level 3: Neon Fireplace — 0.025 HOT/hour (2 HOT)
- Level 4: Neon Multi-Firespace — 0.03 HOT/hour (5 HOT)
- Level 5: Gold Fireplace — 0.05 HOT/hour (15 HOT)
Complete Missions for Additional Rewards
To boost your mining efficiency further, complete various missions such as:
- Downloading the NEAR Wallet application.
- Making a deposit of 0.5 NEAR.
- Depositing 1 USDT using NEAR.
- Inviting friends to join the mini-game.
Managing Gas Fees
Each HOT claim requires a small network fee (around $0.005), which can be paid using NEAR tokens. Initially, you get three free transactions. After that, you can choose one of the following options:
- Top up NEAR to your address.
- Cover the gas fee with HOT tokens.
- Complete missions to earn free transactions.
Leveraging the Referral Program
NEAR Wallet’s referral program allows you to earn extra HOT tokens by inviting friends. You get 20% of your direct referrals’ claims and 5% from their friends’ claims. This can significantly increase your earnings.
Building and Managing Villages
Once there are 700,000 miners, NEAR Wallet will introduce a ‘villages’ system. Villages allow users to create communities, earn extra income from shared mining efforts, and distribute rewards among members.
Conclusion
Mining HOT tokens on NEAR Wallet via Telegram is a simple and rewarding way to dive into the world of cryptocurrency. By following the steps outlined in this guide and leveraging available upgrades and referral programs, you can enhance your mining efficiency and maximize your earnings. Always conduct thorough research and stay informed about the latest updates to make the most out of your crypto mining journey