InitVerse Mining node Run|Tutorial
What is InitVerse:
InitVerse is dedicated to building enterprise-grade infrastructure for the Web3 ecosystem, led by INIChain, which integrates innovative TfhEVM and DDA Mechanism technologies to enhance blockchain performance, privacy, and resource efficiency.
With INIChain as its foundation, InitVerse’s SaaS Builder simplifies DApp creation and deployment, empowering developers and enterprises to focus on growth. The ecosystem also includes tools like Clown Wallet and Obs Swap, delivering comprehensive support for users and developers alike. InitVerse drives blockchain innovation while creating convenience and value across the Web3 space.
Tokenomics
The INI token, the native token of InitVerse, serves as both an ecosystem and governance token. With a capped supply of 6 billion, tokens are generated through block production to incentivize participants and maintain network security. Becoming a node is permissionless and open to anyone with suitable equipment, fostering decentralization and platform growth.
The token issuance follows a weekly halving mechanism, with an initial block reward of 729.166665 INI. About 12% of the supply is mined in the first year, 50% within five years, and full supply over 40 years. This ensures balanced early circulation, long-term stability, and alignment with community growth.
Disclaimer :
This is not financial advice. The content provided is for educational purposes only. Please conduct your own research (DYOR) before making any decisions. For more details, visit: https://inichain.gitbook.io/initverse-network
Requirements:
VPS2 is required. Please purchase it using my affiliate link: https://linktr.ee/rajeshCNH.
Video guide:
Let’s set up the Node:
- Execute the below-automated script which has created by me:
wget -q https://raw.githubusercontent.com/CryptonodesHindi/Automated_script/refs/heads/main/InitVerse.sh&& chmod +x InitVerse.sh&& ./InitVerse.sh- Create a dedicated screen.
screen -S initverseStarts the Minner:
- Execute the below command in your VPS.
- Replace your wallet address: <YOUR_WALLET_ADDRESS>
./iniminer-linux-x64 --pool stratum+tcp://<YOUR_WALLET_ADDRESS>.Worker001@pool-core-testnet.inichain.com:32672Now, detach from the screen by pressing Ctrl + A followed by D.
Warning: It uses 100% of your CPU. You’ll need to keep a dedicated VPS for it
Let’s check your miner activity:
- Visit: https://genesis-testnet.yatespool.com/
- Paste your wallet address to view your activity.
Rewards:
- Rewards are automatically sent to your address.
- You can track them on the Explorer: https://genesis-testnet.iniscan.com/
Check logs:
You can check your logs by entering the screen. Use the command below:
screen -r initverse❤️Thank You for Reading!
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