Earning Rewards
Learn how rewards are calculated and distributed in the Gintonic distillery network. Discover strategies to maximize your earnings and withdraw rewards.
Earning Rewards on the Gintonic Network
You've set up your node, joined the network, and now your GPU is humming away, contributing to AI tasks. But how exactly do you distill $GIN? Let's break it down.
How Rewards are Calculated
Distilling $GIN isn't about luck or solving random puzzles. It's directly tied to the work your GPU does. Here's a simplified look at how it works:
Job Assignment: The network receives AI processing jobs and divides them into smaller tasks.
Work Distribution: Your node gets a piece of the action based on its availability and capabilities.
Computation: Your GPU crunches the numbers, doing its part in the larger AI task.
Contribution Measurement: The network tracks how much of the task your node completed.
Reward Calculation: Your reward is calculated based on your contribution to the overall job.
The exact formula looks like this:
Where:
Job_Priceis currently set at 1 $GIN per message processedSystem_Feeis a small 1% fee for network maintenanceYour_Blocksis the number of blocks your GPU processedTotal_Job_Blocksis the total size of the job
Don't worry if this seems complex - your node handles all the tracking automatically!
On the backend, here's how the charging process works:
When an inference job is initiated, the system calculates the charge per message.
This charge is added to the system balance (no actual token transfers occur at this stage).
As nodes (including yours) complete work, rewards are distributed from this system balance.
This process ensures fair and transparent distribution of rewards based on the actual work completed by each node.
Technical Details of Reward Distribution
For transparency, here's how rewards are distributed at a system level:
If your node is the initial peer, rewards go to a special initial_peer_public_address.
If your node has a registered public address, rewards go directly to that address.
If your node doesn't have a registered public address, rewards go to an unauth_peer_public_address.
The system also maintains a system_public_address that receives system fees and rewards for unauthorized peers.
These addresses are managed by the gintonic system. As a node operator, you only need to ensure your node is properly set up with your public address.
Checking Your Reward Balance
Curious about how much you've earned? Here's how to check:
Visit the Gintonic Distillery Account.
Connect your wallet (the same one you used to set up your node)
You'll see your current $GIN balance and a history of your earnings
The dashboard updates every 15 minutes. If you've just started, give it some time to show your earnings.
Withdrawing Your Rewards
Ready to claim your $GIN? Follow these steps:
On the Rewards Dashboard, click the "Withdraw" button
Choose how much $GIN you want to withdraw
Confirm the transaction in your wallet (e.g., MetaMask)
Wait for the transaction to process (usually takes a few minutes)
And voila! The $GIN will be sent to your connected wallet address.
Remember, blockchain transactions incur small fees. Make sure you're withdrawing enough to make it worthwhile!
Maximizing Your Rewards
Want to distill more $GIN? Here are some tips:
Keep your node online: The more your GPU is available, the more tasks it can complete.
Upgrade your hardware: Better GPUs can handle more complex tasks, potentially earning more.
Optimize your setup: Ensure your system is running efficiently to handle more tasks.
Remember, earning rewards with gintonic isn't just about making money - you're contributing to the advancement of AI technology. Every task your GPU completes helps researchers and developers push the boundaries of what's possible with AI.
In the next section, we'll cover how to manage and monitor your node to keep it running smoothly. Happy earning!
Last updated