Why join NoPool?
NoPool was created as a result of our ambition to move society towards sustainability. NoPool strengthens the security of the Kadena blockchain by further decentralizing the network hashrate. In order to solve cryptographic riddles more sustainably, we want to encourage miners to engage in green mining, which involves using renewable energy sources such as wind, solar and hydroelectric energy. Both miners' carbon footprint and the adoption of the most decentralized type of blockchain consensus rise as a result of this. By encouraging miners to go green, we believe we can provide the Kadena community environmentally beneficial opportunities. Our innovative mining pool will reward individuals who provide hashing power to Kadena's blockchain as well as those who mine using renewable energy.
How do I join?
NoPool is currently under development and has now entered the Beta testing phase to optimize performance. To register for early access, please go to:
https://nopool.com/
Signing up with NoPool includes KYC and, if applicable, green mining verification. Once you sign up for early access, you will be enrolled in our Beta testing. Once approved, you will be notified of the approval and then you may be able to mine to NoPool. You will receive your rewards daily which may change as we finalized our payout schedule.
Note: At this time, please only mine to NoPool once you have been approved for beta testing.
Why KYC?
As a United States based company, we understand that the blockchain space has come under increasing scrutiny and regulatory oversight. As we navigate this regulatory climate, we adhere to compliance laws. We are here to stay, and will be a positive force within the industry. We believe that the key to adoption ultimately is through honesty and transparency.
What is Kadena?
Our inaugural launch is with Kadena, a unique Proof-of-Work blockchain that aims to solve the blockchain trilemma as outlined by Vitalik Buterin in the Ethereum White paper. Kadena was designed to offer scalability, security, and high performance for enterprise-grade applications while leveraging the utility of smart contracts. The Kadena platform was created by a team of former JPMorgan blockchain developers and was launched in 2019.
Kadena uses the Chainweb consensus, featuring two main blockchain platforms, the Kadena Public Blockchain and the Kadena Private Blockchain known as Kuro. The Kadena Public Blockchain is designed to offer high performance and security for decentralized applications (dApps) and smart contracts, using the platform's native programming language called Pact. The Kadena Private Blockchain is a permissioned blockchain platform that can be customized to meet the specific needs of businesses and organizations with high throughput.
One of the key features of Kadena is its ability to scale, which is achieved through the use of interwoven parallelized chains. These parallel chains allow for horizontal scaling of the network, enabling the Kadena blockchain to process a high volume of transactions with speed and efficiency.
What devices can mine KDA?
Kadena uses the Blake2s algorithm. Because of the successful growth of the network hashrate, ASICs are required to mine Kadena. Here are some examples of ASICs you will see on NoPool: Bitmain Antminer KA3, iBeLink BM-K3, Goldshell KD Max and beyond.
Resources for Miners:
Hashrate Profitability Calculator
Hash Units Converter
Mining Pool Statistics
Other Kadena Resources:
Original tokenomics model with updates here.
Chainweb Block Explorer
Kadena Medium Page
How to mine Kadena on NoPool?
NoPool is under development and will be rolled out in two phases. It is currently in its Beta testing phase. This means that the mining pool is not yet open to the public, and only to an approved list of testers. You may sign up for Beta testing (early access) here.
Once you are approved for Beta testing, below are the steps you are expected to follow. Please note that during this phase, some key details might change as we finalize our mining pool. We will make sure to maintain this information up to date.
kda.nopool.com:3700
How do I get green mining verification?
If you are approved for Early Access you will be joining our Beta testing. If you have also selected that you are able to use clean energy, you will be asked to follow our green mining certification process which involves a few extra steps. Once you are verified, you will be notified and can start mining.
Want to learn more about NoPool and the company that built it?
Visit NoPool at https://nopool.com/
Visit NoPool’s Twitter at https://www.twitter.com/NoPoolParty/
Visit NoPool’s Discord at https://discord.gg/pcrcj2U5
Visit Massive at https://joinmassive.com/