⛏ Mining and Earning DPR

⛏ Mining and Earning DPR

LP Staking was the only way to earn DPR but they are phasing that out and will eventually stop it completely.
Once Mainnet launches on August 28th, mining will begin for certain devices only. The only miner that can stake and mine day one is the Genesis miner although 50 early edition Connect Nanos sold on Indiegogo will also be able to stake and mine.
Staking on the Deeper Network (Starting August 28th, 2021)
This is the traditional method of Staking. You provide DPR tokens to the Deeper Network and they become locked for a certain amount of time. While locked, you will earn DPR tokens. Typically this is the fastest way of earning tokens and the more you stake, the more you earn. When this starts, you will have to lock the tokens for a minimum of 9 months and then they will be slow released over the course of 3 months.
Mining using a Deeper Connect device (Mini, Nano, etc.) (Starting shortly after August 28th, 2021)
The Deeper Connect devices will allow you to share your internet bandwidth in return for DPR tokens. This feature will be unlocked via automatic firmware updates in Q4 of 2021.
To earn DPR via Bandwidth Mining, you must have a Credit Score of 100. Everybody starts with a Credit Score of zero and have to share their bandwidth to raise it. It will take about 4-6 months to raise your Credit Score from 0 to 100 depending if you decide to share your bandwidth. Currently, you will be able to earn 1 credit score point every 48 hours by sharing a minimum of 10MB of bandwidth.
The Connect Mini's and Nano's will also be able to mine Helium Coin(waiting for approval by helium) (HNT) using a USB antenna attachment which is sold separately and will cost $299 USD.
Mining using a Genesis Miner (Starting shortly after August 28th, 2021)
On July 27th, 2021, people were able to apply to be on the Whitelist for a Genesis miner. The Deeper Team will selected people to be whitelisted and sent them a free Genesis Miner that is it's own standalone mining device that connects to your network. To be eligible for the miner, you needed to hold a minimum of 20k DPR coins in a Metamask wallet. There are 1,000 miners being given out in this first wave.
The DPR coins that you staked in order to receive the Genesis miner will be locked for 9 months then slow released over the course of 3 months following that. In total, it will take you 1 whole year to get back all the DPR you staked for your Genesis miner. Now if you choose to withdraw your DPR (that is no longer locked), your credit score will go down a bit. But by mining using the Genesis, you will still earn organic credit score over time as well.
source//https://old.reddit.com/r/DeeperNetwork/wiki/whatisdprcryotpcurrency

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