It’s Mining Time!

NeftyBlocks
2 min readJul 19, 2024

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Yes! The launch of the Real Juan ($RJUAN) was a success! And as stated, 85% of the token supply must be mined!

Season Juan of Mining will start shortly with a minimum of 2M tokens to be mined.

So what do you need to start mining?

First, you need a Betsy. She’s the boss of mining. On Monday, July 22, miners will be for sale. There will be a total of 1,000 miners for the first season. Miners are Betsy artifacts. To start mining, you must equip your Betsy with a miner.

We expect the season to last around 45 days, but there’s no cap on the duration. The season will continue until all the tokens are mined.

Miners will be priced at 800 $RJUAN. As designed, 80% of the income from the miners will go into the mining pool. If all the miners are sold, 640,000 $RJUAN will be added to the pool.

Every miner will be able to mine once per hour, with possible rewards of:

- 2 $RJUAN (45% chance)

- 1 $RJUAN (50% chance)

- 0 $RJUAN (5% chance)

On average, a miner working at full capacity will get 1.4 $RJUAN per hour, or 1,512 $RJUAN during a 45-day season.

As the pool increases in size, the possible rewards will also increase. For example, if the pool grows to 2.5M $RJUAN, the possible rewards will be:

- 2.5 $RJUAN (45% chance)

- 1.25 $RJUAN (50% chance)

- 0 $RJUAN (5% chance)

This will result in a per-hour average income of 1.75 $RJUAN.

If you don’t have a Betsy, now is the time to get one! On Monday, July 22, the Betsy Starter Pack drop will allow you to get a Base Betsy for 2,000 $RJUAN. Fifty percent of the collected $RJUAN will be added to the mining pool!

Of course, pushing a miner Betsy to the limits requires an Automator. Automators are NFTs that you must hold in your wallet and ensure that your miner Betsys claim their rewards once per hour.
One Automator can handle up to 20 Mining Betsys.

Automators will also be for sale on July 22. For mining season Juan, there will be 200 Automators for sale. The price of the Automators will be $5 worth of $WAX. One hundred percent of the income will be used to buy $RJUAN back from the market and will be added to the mining pool.

Get ready to start mining and see your $RJUAN bags grow!

P.S. All drops will open at 11:30 EST / 17:30 CET during the NeftyShow.

Miner Drop:
https://neftyblocks.com/collection/uncutnefties/drops/222011

Automator Drop:
https://neftyblocks.com/collection/uncutnefties/drops/222010

Betsy Drop:
https://neftyblocks.com/collection/uncutnefties/drops/148085

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NeftyBlocks
NeftyBlocks

Written by NeftyBlocks

Making tools to simplify managing collections on the WAX Blockchain.

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