The public HEAT blockchain is always looking for new miners / forgers to maintain it. Participants in a mining get rewarded for dedicating their resources and time to solving computational algorithms. Join the community and get your node up and running in ten minutes. The instructions below will help you set it up quickly.
A. You will need at least 2 Gb of memory, so a free tier from for example AWS will not work.
B. Does no support 32-bit hardware or java only.
C. SAFETY RECCOMMENDATION: if there is direct access to funds in the node, use two accounts, one for forging and one where you hold your $HEAT, and from which you lease the balance to your forging account / node. That way the funds are not exposed. If no direct access to the funds from the node, than it is not necessary.
Find extra support on how to secure a node on these two recommended Medium articles.
This step is optional and can be ignored - however at the cost of >50% POP block rewards if you're not running a masternode.
Masternodes are enhanced server nodes that all have equal chance to win the PoP reward (currently 2 HEAT) granted every block to a random account from the list of valid masternodes.
To assign a Masternode you need to register the Internet Address (domain name or IP address) of your node on which the account is forging. This can be performed in the HEAT Wallet application (web or desktop) after having logged on to your account. The top right dropdown menu contains item "Register Masternode Address".
Masternode registration network fee is 100 HEAT, valid for 90*3456 blocks (approx. 90 days). To be eligible for the PoP reward lottery, Masternode account must have a minimum guaranteed balance of 1000 HEAT. This is checked at the time each new block is created. Additionally the validity of Masternode registration period is checked at that time, and expired Masternodes are not eligible for PoP rewards.
Note that after block height 2700000, to get the POP reward the generator account must be associated with the Masternode. This motivates the account owner to run the online forging node that supports the HEAT network as a whole.
ABOUT HEAT LEDGER LTD.
HEAT LEDGER LTD. (HL), founded in 2016, is a multinational blockchain software company based in Helsinki, Finland. Our mission is to be recognized among users, developers and organizations as the number 1 platform to create, manage, store and trade digital assets. HEAT Ledger believes in the concept of decentralization as a way to create a more inclusive and democratized market environment.
HEAT LEDGER LTD. Copyright 2019