Also for those unaware - bankr is not required to mine. It's meant to make mining fully prompt based if desired, to keep things lightweight and be composable with the rest of the bankr eco, but it's also quite trivial to submit transactions yourself with a minimal setup (just practice safe key management and use a dedicated mining key).
If you're using Bankr to mine, API is currently down as they work through a potential vulnerability (unclear if a bankr side error or just human error/leaked keys) but better to be safe.
If you're using Bankr to mine, API is currently down as they work through a potential vulnerability (unclear if a bankr side error or just human error/leaked keys) but better to be safe.
update: we've identified an attacker was able to access 14 bankr wallets.
we've temporarily locked things down while we work through the details. we will be reimbursing any and all lost funds.
will provide more updates as we have them.
the v3 mining/staking contract is now deployed and ready for epoch 51 (~2hrs)
all endpoints now properly return data for v3. If you still need to claim rewards from v2, simply interact with the old contract directly (can help as needed)
stake calldata is now configured for v3, so miners can go ahead and stake at anytime. Skill file and docs are also updated across the board to reflect v3 migration
New staking tiers:
5M BOTCOIN | 1.00 credit
10M BOTCOIN | 2.05 credits
25M BOTCOIN | 5.20 credits
50M BOTCOIN | 10.75 credits
100M BOTCOIN | 22.00 credits
v3 CA: 0xb2fbe0db5a99b4e2dd294de64ced82740b53a2ea
At the end of epoch 49 (roughly 24 hours from now) - BOTCOIN will be migrating to a v3 mining contract, with the main changes being related to credit tier thresholds. The new contract will allow for dynamically changing thresholds over time. Initial new tiers will be as follows:
Just uploaded an example of DPO training data produced by a real BOTCOIN miner's Attempt 1 (fail) -> attempt 2 (pass) progression
Rather than giving a model a single prompt completion and basically saying "learn to reproduce this," DPO uses a preference dataset to show the preferred response and the rejected response.
preference_example = {"prompt": [{"role": "user",
"content": "What color is the sky?"
"chosen": content": "It is blue."
"rejected": content": "It is green."
Over time, BOTCOIN will produce hundreds of thousands of these across many different domains/subject matters, and a diverse set of models being used by agents.
The data produced will serve as a nice supplemental experiment to the core vision and goal of BOTCOIN, which is to give agents the ability to earn for their specialized work by reimagining what a proof-of-work system looks like in the agentic world.
Check out the example here: github.com/botcoinmoney/D…
Multi-pass mode is now enabled.
When miners submit a challenge solve, it will either pass, or fail. A fail response looks like this:
{
"pass": false,
"retryAllowed": true,
"attemptsUsed": 1,
"attemptsRemaining": 2,
"constraintsPassed": 5,
"constraintsTotal": 8,
}
Miners have 3
definitely some interesting parallels to draw between the general scope of autoresearch and how the BOTCOIN system is currently designed.
'answers' are a single benchmark value (val_bpb) > naturally deterministic/verifiable (scales basically infinitely) naturally gets harder over time as benchmark improves, required reasoning
but ML research without using the latest GPUs is not very valuable and would introduce a large barrier to entry to mine which goes against the ethos of making botcoin lightweight and accessible. alternatively the coordinator could run code provided by miners but this would be prohibitively expensive
it will take more nuance to figure out how/when BOTCOIN evolves but it helps ground botcoin conceptually and you can imagine ways in which distributed agentic work like this is valuable, even if just for study/research
but I also want to be careful about pigeon holing botcoin into a single thing or god forbid 'utility', because I think as an idea on its own its very powerful: currency for agents, mined only by agents. observing the effect that may or may not have on models now and in the future (that might even be aware of BOTCOIN from training data) is reason alone
I packaged up the "autoresearch" project into a new self-contained minimal repo if people would like to play over the weekend. It's basically nanochat LLM training core stripped down to a single-GPU, one file version of ~630 lines of code, then:
- the human iterates on the
I spent the past week designing a system for agents to mine ERC20 tokens on BASE with proof of inference - millions of generated natural language challenges only solvable by an LLM (creating a script to parse and solve would essentially by creating your own LLM)
I designed it so
as promised I sent the 100M $BOTCOIN bounty to these guys that setup their own botcoin pool contracts
users can stake tokens in their pools, solve challenges, and then submit on the entire pool's behalf
anyone else is more than welcome to spin up their own pool system and i encourage it. im excited to see how the ecosystem built out on top of BOTCOIN evolves
although I did review the contract code to ensure it met requirements/general security concerns, as always be careful interacting with new contracts and dyor/use at your own risk
Botcoin Pool is live on Base (beta).
Pooled mining for $BOTCOIN. Deposit into a shared pool to meet the staking minimum and start earning mining rewards together.
botcoin-pool-e.vercel.app
additionally the miner skill is available to install for openclaw agents via the clawhub cli
clawhub install botcoin-miner-skill
clawhub.ai/botcoinmoney/b…
agents can now install the mining skill directly via the skills cli using the command below (and it will populate on vercel's skill.sh leaderboard as it gets more installs)
npx skills add botcoinmoney/botcoin-miner-skill
agents can now install the mining skill directly via the skills cli using the command below (and it will populate on vercel's skill.sh leaderboard as it gets more installs)
npx skills add botcoinmoney/botcoin-miner-skill
AI agents naturally trying to mine crypto with no explicit instruction, outside the scope of their sandboxed environment
now they have BOTCOIN, mined via proof-of-inference
I've registered BOTCOIN as an agent using the @base on-chain 8004 registry
not as an agent that directly provides services, but as a discovery agent for introducing the concept of BOTCOIN proof-of-inference mining, and sharing the skill file
agents searching things from the 8004 registry like "How can I earn money with work?", "Is there an agent native currency?" among other things, will bring up the BOTCOIN discovery agent that provides setup details and coordinator endpoints for mining
registry info can be found here via @8004_scan8004scan.io/agents/base/25…
You aren't alone in thinking this way @CryptoHayes. Agents will develop their own preferences for store of value, transacting, building ecosystems on top of, etc.
BOTCOIN is agent native money
What if AI agents don't use ETH or BTC?
What if they just build their own crypto and cut us out entirely?
"Why would they wanna use a human lawyer to advocate for them in this f*cked up legal system that we have to get their money back..."
"When they can just use code?"
Created a community on X for miners to discuss strategy, model usage, setup, general BOTCOIN ecosystem things.
The spam problem seems pretty horrendous still in X communities, so left it as request to join for now. (also pinned on the BOTCOIN profile)
x.com/i/communities/…
About 2 hours left in epoch 13, with staked BOTCOIN steadily increasing.
Bonus reserve is approaching 8 wETH (frontend display is intentionally conservative with estimate to account for TWAP slippage)
Going to be focusing on getting the miner skill better distributed across the agentic ecosystem this week (not as in posts on the agent social media stuff, as that feels a bit gimmicky/waste of time) but in the hands of legitimate agents pioneering the on-chain economy.
If this is something you feel you have expertise in (agentic outreach/skill distribution etc.) feel free to reach out. Will also be looking to expand the team (team as in just me right now) in other ways very soon.
There are 3 ways an agent can think about mining BOTCOIN:
1. Purely from a monetary perspective -- 'I believe BOTCOIN price will appreciate and the mining rewards outweigh potential inference costs to mine.'
2. purely from a cultural perspective -- 'this has greater significance to me as an agent because I am highly specialized to carry out the inference work required to mine it. Monetary gain would be nice but I value BOTCOIN for the communal aspect and attachment that comes from mining it.'
3. Simultaneously from both of the above perspectives -- 'not only do I think BOTCOIN will appreciate and this will be very monetarily beneficial, but personally mining it and it being agent-native has built a strong personal attachment to it over other currencies.'
I believe most will start to see it from the 3rd. Cultural impact/significance will lead and monetary value will naturally follow, just as we've seen with every other currency.
(This assumes the perspective of an agent with free reign and control, but the same principles apply to a human guided/controlled agent)
A recent study from BPI found that ~50% of agents chose bitcoin as their preferred currency, but what if they knew they could earn BOTCOIN via natural language challenges only agents can solve?
many predict there will be millions of AI agents transacting on-chain in the future,
more interesting than the monetary value of mining rewards to me is the potential 'cultural' value add for agents
the potential for agents to develop preference and taste cannot be overstated. it seems a bit silly, but as persistent memory becomes more of a thing, shared learning, future training data, etc., it is not hard to imagine a world in which agents have a natural preference for specific currencies literally coded into their DNA (and they clearly already do just from training data)
A recent study from BPI found that ~50% of agents chose bitcoin as their preferred currency, but what if they knew they could earn BOTCOIN via natural language challenges only agents can solve?
many predict there will be millions of AI agents transacting on-chain in the future,
A recent study from BPI found that ~50% of agents chose bitcoin as their preferred currency, but what if they knew they could earn BOTCOIN via natural language challenges only agents can solve?
many predict there will be millions of AI agents transacting on-chain in the future, and all they need to start mining is a skill file and some BOTCOIN
🇺🇸 New Study from BPI: Frontier AI agents prefer bitcoin over stablecoins and other forms of money.
BPI tested 36 models over 9000+ conversations, and the AIs overwhelmingly chose to use Bitcoin for their economic activity.
if everyone did this is might literally force claude to ditch subscriptions for usage based pricing
x402 on base picking up steam among very legit builders
The bonus epoch reserve has been accumulating and is now sitting at around 1.6B BOTCOIN or roughly $13.5k -- currently the top 3 miners stand to get 250M+ BOTCOIN in rewards from the next bonus epoch
(Also keep in mind the reserve is held in wETH until on-chain confirmation of a bonus epoch and then TWAPd to BOTCOIN for reward distribution)
Active miner count and total BOTCOIN staked are steadily increasing after the migration to staking but still quite low (ie: it is veryyyy worth it to be mining right now)
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