Epoch 1 Open Seals in 0d 00h 00m Miners 0 Start mining

Risk Notice

Plainly, the ways this can cost you something.

Gas is spent whether or not the proof lands

Submitting a proof is a transaction. Nobody else can use your proof, because it is bound to your address. But if the epoch seals while you are still confirming it in your wallet, or you submit the same proof twice, the transaction reverts and the gas is gone. The rig refuses to send a proof it can see is too late, but it cannot see how long you take to confirm. On Robinhood Chain that is a fraction of a cent, but it is not nothing.

Work does not guarantee a reward

You take a share of a seam's fixed slice of the block. If more work is proved on that seam, your share is smaller. Nothing promises a rate, and nothing promises the reward is worth anything.

$PONM may never be worth anything

The token has not launched. Until the mine is pointed at a token, claims revert. After it launches it may have no market, no liquidity and no price. Mine for the work, not for an expected payout.

The contract may have bugs

It is tested and the tests are public, but tests are not proof. It has not had a third party audit. Assume there is a flaw nobody has found yet.

The owner can change the seams

Difficulty can be changed, seams can be closed, and new seams can be opened. A seam's slice of the block cannot change once it is open, and past epochs and settled claims cannot be touched. The forge lists exactly what is and is not fixed.

Your machine does the work

The rig uses your CPU while it runs. On a laptop that means heat and battery. It stops when you stop it or close the tab, and it never starts on its own.