Aleo (ALEO) mining pool launched at f2pool

f2pool launched our Aleo mining pool alongside the mainnet, implementing a 1% PPLNS payout scheme. Please note that, as Aleo has not officially announced the launch of PoW mining, there is a possibility that current blocks may be invalid. Mining rewards are subject to the project team’s final announcement. Miners should carefully assess the risks before deciding to participate in Aleo mining.

Following the mainnet launch, f2pool users can add their Aleo wallet to their account settings to receive mining payouts. Refer to this guide. 

Regarding previous mining activities (ALEO TEST3 and ALEO STAGING), wallet bonding and credit claiming are currently unavailable, resulting in temporary storage of mining credits in your account. We plan to distribute the mining rewards as per Aleo’s future plan. Stay tuned for our further announcements.

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.

ALEO is the native token of the Aleo network, which utilizes the zkSNARK mining algorithm. Currently, f2pool supports NVIDIA GPU devices for Aleo mining. For detailed configuration and specific requirements, please refer to this tutorial.

Please Note:

1. f2pool displays mining information for different stages of Aleo separately. The Aleo mainnet mining information will be shown under “ALEO”. To view testnet mining records, you can select them by their specific names.
2. 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, 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 Aleo’s official rules.

Thank you for choosing f2pool! If you have any inquiries, please do not hesitate to contact us on our Aleo channel or open a support ticket.

2024-09-05

f2pool