Mining with AmazeWallet

Join the community, secure our blockchain and generate rewards
Mining with AmazeWallet

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Running a blockchain node and mining cryptocurrency used to be exclusively for developers and coders. Now, with AmazeWallet and our breakthrough technology, everyone can do it, directly from their mobile phones.

With our native token AMT, you can help us secure our Layer 1 AmazeChain, the blockchain on which AmazeWallet is built. Simply lock your tokens into smart contracts, make sure the app is running and earn rewards. It’s that easy. No coding and no energy-intensive mining rigs required; just your phone and an internet connection.

At the moment, users will need to use the following amount of AMT to become a node:

  • 50 AMT
  • 100 AMT
  • 500 AMT

The more AMT you use initially, the more crypto you can get in the long run.

Mining uses up 1-2% of your phone’s battery per day and 36MB of mobile data per month. These are both averages so consumption depends on how often you keep the app open and how much AMT you want to mine.

To maintain full decentralisation and ensure everyone can participate in keeping our system secure, there’s a cap on the number of blocks a node can validate each day.

How to run your own node today

Our developers created this system to be as easy to use as tapping a few buttons and leaving the app open as your rewards stack up.

There are four steps to getting crypto by using your phone:

  1. Download and create an account
  2. Create a blockchain wallet
  3. Get AMT from swaps or an exchange
  4. Choose a node and activate it!

Please see the full guide in the Help Centre.

What are blockchain nodes? And what does it mean to run one?

Blockchain nodes help make the Web3 internet ‘decentralised’. Each node contains a record of the same information, meaning no one is able to change and falsify it by themselves. To run a node on AmazeChain, you need to use our native cryptocurrency; this works as an incentive to keep the blockchain secure. In return, you can receive AMT.

Traditionally, single, centralised entities – think Facebook, AliExpress, Amazon, Instagram, Rakuten – own and maintain the servers that hold the information powering their platforms. This means they have ultimate control over users’ data and creations.

Using decentralised nodes to control networks ensures users keep ownership of their assets. If you hold an NFT in your wallet, it’s yours forever. Similarly with cryptocurrencies, no one can take them away from you if you store them securely.

Many Web3 platforms offer their users the opportunity to run nodes to secure the network. Gala Games users can operate Gala Nodes for GALA tokens. The Cardano community can validate block transactions in return for ADA. And since the Ethereum Merge, ETH holders can stake the cryptocurrency to confirm blocks.