The reason why we choose to participate in #SwanChain mining is mainly because of its dual attraction of economic benefits and technical advantages. First of all, Swan Chain combines decentralized physical infrastructure network (#DePIN ) and artificial intelligence technology to provide efficient and low-cost computing resources, which allows us to obtain significant results with less investment. Return. By participating in ECP mining, we can obtain generous SWAN token rewards, while utilizing idle computing resources for monetization and maximizing resource utilization. In addition, Swan Chain's innovative reward mechanism and robust technical architecture ensure the transparency and security of the mining process, allowing our investment risks to be effectively controlled. In general, Swan Chain not only brings us direct economic benefits, but also provides an efficient, safe and sustainable utilization platform for our computing resources.
Swan Chain's ECP mining has the following significant advantages:
High return rate: According to our actual experience, ECP mining can bring considerable returns through reasonable hardware configuration and optimization strategy. Our team estimates that an estimated return of approximately 6,654.6 SWAN will be obtained within 49 days.
Double income opportunity: Swan Chain mainnet activities allow participants to participate in ECP and FCP mining at the same time, thereby maximizing income. Especially for users with high-end hardware configuration, higher returns can be obtained by participating in different types of computing tasks.
Support the development of WEB3 and AI ecology: By participating in ECP mining, you can not only gain economic benefits, but also contribute to the development of web3 and artificial intelligence ecosystem. This is a win-win opportunity combining technology and economic benefits.
Simple and easy configuration process: Swan Chain provides detailed configuration documents. Even if you are not a technical expert, you can easily set up and start ECP mining by following the guide.
About ECP mining operation method and profit calculation
According to our mining operation process, we explain the specific operation methods and profit calculation as follows.
ECP mining is a way to provide computing power by completing zero-knowledge (ZK) tasks. Participants need to provide corresponding hardware configuration, including public network IP, GPU, CPU, storage, memory and bandwidth.
Steps to Participate
Hardware preparation: Make sure your device meets the following requirements:
Public IP, at least one GPU, 4+ vCPUs, 300GB storage, 32GB memory, 20MB bandwidth
Installation and Configuration:
○ Download and install required software. ○ Generate and import wallet addresses. ○ Configure network and storage parameters.
Start the ECP service:
○ Follow the steps in the official documentation to start the ECP service and start providing computing power. ECP configuration and setup documentation: https://docs.swanchain.io/swan-provider/computing-provider-cp/edge-computing-provider-ecp/ecp-setup.
○ Ensure stable service operation and minimize downtime.
Task Management:
○ Check the task completion status regularly to ensure that each task is completed on time.
○Monitor hardware status and perform maintenance and adjustments in a timely manner.
Calculation and collection of income:
○ Calculate tSWAN rewards based on task completion and reward ratio.
○Convert tSWAN to SWAN regularly and claim rewards.
Important note: Users can participate in both ECP and FCP activities at the same time to get double benefits!
Reward Calculation
Conversion ratio calculation:
Based on Proxima test network data:
■Total SWAN rewards: 570,000 SWAN
■Total tSWAN output: 13,088,350 tSWAN
■Conversion ratio: 570,000 / 13,088,350 ≈ 0.0435 SWAN/tSWAN
Estimated number of tasks:
○Activity duration: 49 days
○ Number of tasks per day: 48 (approximately one task every half hour)
○Total number of tasks: 48 * 49 = 2,352 tasks
SWAN Reward Estimation:
○CPU tasks: ■ Reward per task: 10 tSWAN ■ Total tSWAN rewards: 2,352 * 10 = 23,520 tSWAN ■ Estimated SWAN rewards: 23,520 * 0.0435 ≈ 1,023.12 SWAN
○ GPU tasks: ■ Reward per task: 20 tSWAN ■ Total tSWAN rewards: 2,352 * 20 = 47,040 tSWAN ■ Estimated SWAN rewards: 47,040 * 0.0435 ≈ 2,046.24 SWAN
Total reward pool limit: ○ The mainnet ECP reward pool is 320,000 SWAN. The actual reward may be adjusted based on the number of participants in ECP.
How to perform ECP and FCP dual mining?
FCP configuration: First, we should prioritize FCP configuration because it accounts for 50% of the total reward pool (compared to 40% for ECP), and GPUs can get higher reward multiples in FCP. (You can turn on the ECP function, and when the GPU or CPU of FCP is idle, it can be used for ECP tasks) ○ Use 1 GPU + 4 CPUs to configure 1 FCP node
Remaining resources: ○20 CPU cores
Standalone ECP configuration: Use the remaining CPU cores to configure the ECP node. We can set up 5 CPU ECP nodes. ○ 5 * 4 CPU = 20 CPU cores, just use up all the remaining CPU resources
Recommended configuration:
●1 FCP node (1 GPU + 4 CPUs)
5 CPU ECP nodes (each using 4 CPUs)
Estimated revenue calculation:
FCP income: The specific reward mechanism of FCP is more complicated, please refer to the calculation in this article for details. a. Minimum estimate: 1539 SWAN, the actual amount may be higher, especially if using high-end GPUs, up to 10 times the bonus.
ECP Benefits:
a. Estimated revenue per CPU ECP node: 1,023.12 SWAN
b. Total revenue of 5 CPU ECP nodes: 1,023.12 * 5 = 5,115.6 SWAN
Total estimated revenue: FCP + ECP = 1816 + 5,115.6 = 6654.6 SWAN (minimum estimate)
Note: After research, ECP now mainly completes the ZK snark proof of filecoin 512M sectors, which consumes very little server resources; so it is completely feasible for a single server to run multiple ECP nodes at the same time.
Deployment documentation
This document is intended for users who have server resources and strong technical skills. Detailed configuration documentation is provided, but please note that the process may be slightly complicated. ●https://docs.swanchain.io/swan-provider/computing-provider-cp/fog-computing-provider-fcp/computing-provider-setup ： FCP Setup
●https://docs.swanchain.io/swan-provider/computing-provider-cp/edge-computing-provider-ecp/ecp-setup : ECP Setup
●https://docs.swanchain.io/swan-chain/swan-chain-mainnet/swan-provider-campaign/market-provider-mp : Market Provider Campaign
Why participate in swan chain?
Swan Chain is the first decentralized physical infrastructure network (DePIN) for artificial intelligence computing. Led by Binance, the project combines DePIN and AI technology to optimize AI workloads, improve computing efficiency and privacy protection through decentralized computing and storage solutions. By leveraging underutilized computing power in community data center networks, Swan Chain can significantly reduce computing costs by up to 70% and monetize idle computing assets. For more official introduction, see here (https://docs.swanchain.io/)
Core functions
1. AI computing resources: Swan Chain provides users with powerful AI computing resources, including CPU, GPU, storage, bandwidth and memory, etc., to support large-scale AI model training and reasoning tasks.
2.AI + DePIN (Decentralized Physical Infrastructure Network): Swan Chain represents an important instance of DePIN. DePIN uses blockchain technology to connect physical world resources (such as computing power, storage, and bandwidth) with decentralized networks to achieve efficient utilization and monetization of resources. Through DePIN, Swan Chain not only provides powerful AI computing resources, but also significantly reduces computing costs and improves resource utilization.
3.Swan Orchestrator: The core scheduling system efficiently coordinates and manages globally distributed computing resources. It dynamically allocates optimal resources to each AI task through an intelligent scheduling system, and uses encryption and sharding technology to ensure the security and privacy of data and model code.
4. ZK Engine: An important engine in the ZK computing market, it efficiently dispatches edge computing devices around the world to complete ZK computing tasks; ZK sequencer, as an efficient and cost-effective L3 solution for ZK Engine, is responsible for batch verification and packaging of ZK proofs on the chain. This setting ensures the efficiency and security of ZK computing, which is critical to maintaining the privacy and integrity of data in the ecosystem.
Key Components
1. Lagrange Computer: A decentralized AI computing platform built on Swan Chain, known as the Web3 version of Hugging Face. Lagrange provides a series of Web3+AI development kits, such as the IPFS version of GitHub, decentralized computing power integration, smart contract payment and compensation mechanisms, etc.
2. AI models: Lagrange provides cutting-edge AI models such as image generation (Stable Diffusion), music generation (MusicGen), and speech synthesis (Text-to-speech). Users can build and deploy new AI models on the Web, avoiding the high cost of centralized cloud services.
Benchmark companies:
investor:
Swan Chain has received support from a number of well-known investment institutions, which have strong influence and resources in the fields of blockchain and AI, including:
1. Binance: The investment arm of Binance, the world's leading blockchain and cryptocurrency trading platform, is dedicated to supporting and incubating blockchain startups.
2.SNZ Holding: An investment company focusing on blockchain technology and distributed applications, providing comprehensive support and resources.
3. Waterdrip Capital: A venture capital firm focusing on blockchain and cryptocurrency with extensive industry experience.
4. Protocol Labs: A research institute dedicated to the development and promotion of decentralized technologies. Its famous projects include Filecoin and IPFS.
Other investors include LD Capital, FBG Capital, Outlier Ventures, ByteTrade, Chain Capital, BetterverseDao, Cabin VC and Kirin Fund. The support of these investors not only provides Swan Chain with sufficient funds, but also brings rich industry resources and strategic guidance, helping Swan Chain to develop rapidly in the market.
Swan Chain not only provides users with powerful AI computing resources, but also promotes the deep integration of web3 and AI through innovative decentralized technologies, laying a solid foundation for future technological development.
Related Links:
●X：https://x.com/swan_chain
●主网活动详情：○https://swanchain.medium.com/unleash-your-computing-power-join-the-swan-provider-campaign-and-earn-swan-tokens-0e8dc0bf9f20 ○https://docs.swanchain.io/swan-chain/swan-chain-mainnet/swan-provider-campaign
●Documentation: docs.swanchain.io
●Information https://www.rootdata.com/Projects/detail/Swan%20Chain?k=MjI4Ng%3D%3D
●Cross-chain: https://bridge.swanchain.io
●Faucet：https://faucet.swanchain.io