Storage Mining

Here are instructions to learn how to perform storage mining. For hardware specifications please read this.

It is useful to join the Testnet prior to attempting storage mining for the first time.

Note: Using the Lotus Storage Miner from China

If you are trying to use lotus-storage-miner from China. You should set this environment variable on your machine.

IPFS_GATEWAY="https://proof-parameters.s3.cn-south-1.jdcloud-oss.com/ipfs/"

Please ensure that at least one BLS address in your wallet exists with the following command:

lotus wallet list

With your wallet address:

The task will be complete when you see:

New storage miners address is: <YOUR_NEW_MINING_ADDRESS>

In a CLI window, use the following command to start your miner:

lotus-storage-miner init --actor=ACTOR_VALUE_RECEIVED --owner=OWNER_VALUE_RECEIVED

Example

lotus-storage-miner init --actor=t01424 --owner=t3spmep2xxsl33o4gxk7yjxcobyohzgj3vejzerug25iinbznpzob6a6kexcbeix73th6vjtzfq7boakfdtd6a

You will have to wait some time for this operation to complete.

To mine:

lotus-storage-miner run

If you are downloading Filecoin Proof Parameters, the download can take some time.

Get information about your miner:

lotus-storage-miner info
# example: miner id `t0111`

Seal random data to start producing PoSts:

lotus-storage-miner pledge-sector

Warning: On Linux configurations, this command will write data to $TMPDIR which is not usually the largest partition. You should point the value to a larger partition if possible.

Get miner power and sector usage:

lotus-storage-miner state power
# returns total power

lotus-storage-miner state power <miner>

lotus-storage-miner state sectors <miner>

Update ~/.lotus/config.toml with:

[Metrics]
Nickname="fun"