Tutorial for beginners｜How to mine ARC QUARK, which is popular all over the Internet?

Jaleel加六and others2Authors

23-12-26 17:48

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Written by: Jaleel, luccy, BlockBeats

The ARC20 token Quark, which is almost all mined in the Bitcoin ecosystem, has the English meaning of "quark", which is the basic unit of matter, similar to the smallest unit of Bitcoin, sats. Quark also has meme properties to some extent. Due to its high initial market value, many holding addresses, and strong basic consensus, many community members believe that Quark has the potential to become a meme coin that can go beyond the Atomicals ecosystem.

From the perspective of participation, on the one hand, the total amount of Quark is 500,000, which will take a long time to mine, allowing many people to participate and form a certain consensus. On the other hand, the mining difficulty of Quark is 6, which is relatively simpler compared to Electron and Neutron. Coupled with recent multi-threading optimizations, most people have the opportunity to experience the joy of mining.

Currently, the total supply of Quark is 500,000, with 20,000 coins per card. According to Atomical Market data, as of the time of writing, the price of one Quark card is $25, with a market value of over $420,000 and a 24-hour trading volume of over $50,000.

For readers with programming background and skills, it is recommended to set up the environment to mine, which is more efficient and cost-effective. BlockBeats has compiled a simple way of mining for beginners in this article.

Tool Preparation:

1. Wizz Wallet (formerly ATOM Wallet) wallet;

2. 铸造代打平台;

Translation: 2. Casting outsourcing platform;

3. Atomical Market trading platform;

4. QUARK project details;

5.mempool Bitcoin on-chain block query

1. Register Wallet

You can choose to receive funds to either Unisat wallet or Wizz wallet (formerly known as Atom wallet). Currently, it is recommended to use Wizz wallet as it can better recognize Atomicals ecosystem assets.

Open the Wizz wallet official website, click "Install", and add it to the Chrome browser extension.

In the Chrome browser extension, open the Wizz Wallet (Formerly Atom) plugin. New users can select "Create new wallet" on this interface. After entering a password to register, a 12-word mnemonic phrase will pop up. Backup the mnemonic phrase and select the address with "m/86/0/0/0/0" at the end. Click "Continue" to create the wallet successfully.

Transfer Bitcoin to the Wizz wallet address as a transaction fee. Currently, the cost of one transaction is around 20U. It is recommended to prepare more Bitcoin as GAS fees to prevent insufficient transaction fees.

2. Enter Satsx

Enter the proxy website satsx and link your wallet. On the Inscribe page, select Atomicals on the left and Mint under the FT tab, and fill in "quark" in the "Ticker" field. If you need to receive it from another address, check "Receive by Other Address" and enter the new address.

3. Click Preview

After filling in the basic information, click "Preview". In the "Content" code box, check that the mint_ticker in the third line of code is "quark".

3. Choose gas

In "Transaction Fees", select the appropriate fee based on the current gas cost of Bitcoin. Different fees have different forging speeds, which are 1 hour, 30 minutes, and 10 minutes, respectively.

The total cost of using a proxy website is currently about 25U, of which 1000 sats is paid to the proxy platform. The cost of engraving the text itself is 20,000 sats, and the rest is transaction fees.

4. Click Inscribe

If there is an error in the code information, you can click "Previous Step" to modify the basic information. After confirming the information is correct and selecting the gas, click "Inscribe" to start the system check of your UTXOs to see if you have sufficient funds. After the check, if the UTXOs are sufficient, the transaction will begin to be constructed.

5. Start Casting

This process will take a long time and requires patience. The time consumed depends on the difficulty of Bitwork and the mining difficulty of QUARK, which is currently at 6. According to DUNE data, the current casting progress of QUARK is 2.92%. As reported by the community, it currently takes about 1.5-2 hours to mine one QUARK.

According to DUNE data, the current casting progress of QUARK is 2.92%.

6. Wallet Signature

After successfully mining QUARK, the Wizz wallet will pop up a signature box. Once the signature is completed, wait for the transaction to be confirmed in the transaction pool.