f2pool launches Aleo incentivized testnet mining service

In line with Aleo’s announcement of their Testnet Beta incentivized program, running from 2024-07-01 to 2024-07-15, f2pool has launched the Aleo incentivized testnet mining service. The service will apply the PPLNS payout scheme. Currently, Aleo mining currently does not support wallet binding and credit withdrawal, resulting in temporary storage of mining credits in your account. Following this mining phase, we plan to distribute the mining rewards as per Aleo’s future plan. Stay tuned for our announcements after this mining stage.

Aleo is a novel layer-1 blockchain platform that enables the creation of scalable and private applications using zero-knowledge cryptography. Aleo employs a hybrid consensus architecture called AleoBFT, which uses PoS to achieve instant finality for block confirmation and a PoW “coinbase puzzle” that rewards the development of faster techniques for proof generation.

You can now connect your NVIDIA GPUs to f2pool to join in Aleo mining. For detailed configuration and specific requirements, please refer to this tutorial.

Please Note:

1. The distribution of mining rewards for Aleo’s incentivized testnet necessitates a KYC process. If f2pool’s Aleo pool fails to pass Aleo’s official KYC verification following the launch of Aleo’s mainnet, the pool will be unable to convert the testnet credits, leading to miners not receiving their respective mining rewards. Additionally, f2pool will apply service restrictions on regions listed in Aleo’s official KYC rules. For additional information, please read this post.
2. You can access the details of Aleo Testnet 3 mining on the f2pool website by switching the currency to “ALEO TESTNET3”. All relevant information concerning the current stage of incentivized testnet mining will be listed under “ALEO”.

We appreciate your use of f2pool mining services! If you have any inquiries, please do not hesitate to contact us at [e-mail] or open a support ticket.

f2pool

2024-07-01