MINE Network’s Phase 1 Testnet Goes LIVE

5 min readDec 25, 2021

And we’re OFF TO THE RACES! Our Testnet deployment is now LIVE!

The deployment of MINE Network’s phase 1 testnet is now available HERE on the Ropsten Ethereum testnet. Please verify your wallet address HERE. Once you have confirmed that you’ve received your testnet MNET tokens, you may connect your wallet and begin your DeFi mining journey! (Please Note: Reward tokens and all assets on the phase 1 testnet are for experimental purposes only and do not hold any market value.)

The objective of this initiative is to include our community members in the earliest phases of product development to ensure the highest quality of feedback possible. We will utilize this feedback to initiate our product enhancement process by identifying and correcting product inefficiencies.

Try it out NOW!

Currently, users are able to utilize and try out most of MINE Network’s mining functions on the Ethereum Ropsten Testnet, including: Deposit, Purchase, Farming, Staking, and Claiming.

Below are details and instructions on how to properly navigate Ropsten Network and our testnet:

Please log in to your MetaMask wallet or add the MetaMask extension to your browser. You will also need Ropsten Eth to pay for gas fees.

Download and/or Log in to your MetaMask wallet containing your eligible wallet address. You can verify your address HERE.
Switch the MetaMask network to the Ethereum Ropsten Test Network
You will need to obtain Ropsten eth to pay for the Ropsten Network gas fees. To acquire Ropsten eth, visit the following links: https://faucet.ropsten.be/ or http://faucet.bitfwd.xyz/ and follow the instructions.
Go to our testnet website HERE
In the MetaMask interface, click on Connect Wallet and ensure it’s Ropsten Test Network

In order to see testnet tokens in your wallet, please manually add the following Ropsten contract addresses:

Mock USDT: 0xC18153C8ef40cd9674dbbcd491a2d6f6a473b1F9
pBTCM: 0x46ebD27045C4aC92C043c8563Ae5b417B2862C4C
pETHM: 0xB47e1E5b6F05d927933Bc11aD40d263EEcCC4688
wBTCO: 0x69fF9FB883d1a869E93Dac985CE07acE681F2EfF
wETHO: 0x2ecC884d3933E6281BFC1648A4058862933431D0
MNET: 0xBF39701B03ECF2CF7d307B2967DfB51bAbA0C6f0

Before you can purchase pTokens, please make sure you have already been airdropped testnet Mock USDT tokens. If you have not, please give it a few more hours, there may be a slight delay.

Connecting Your Wallet:

Click on CONNECT on the upper right corner

Select your Wallet

Choose the appropriate eligible Wallet Address and Click Connect

Purchasing pTokens:

Choose your desired pToken and the amount you’d wish to spend. Click PURCHASE to begin the TX

Click CONFIRM to grant permission

Click CONFIRM again to complete TX

Congratulations on your first successful pToken purchase!

Farming and Staking:

Click on the Farming Tab on the Menu Bar and your preferred pool (Eth or BTC)

After Selecting your preferred pool (we chose Eth), click STAKE to proceed

Enter the amount of pETHM (pTokens in Eth) you like and click STAKE

Click CONFIRM to complete the TX

And you’re DONE! Congratulations on completing your first stake on MINE’s testnet!

Claiming Rewards:

To Claim your Rewards, click CLAIM and CONFIRM on the metamask pop-up

And Voila and you’re done! Congratulations yet again. You’ve officially claimed your first batch of mining rewards!

Stay Tuned, There’s Way More to Come!

Mine will continue to be updated and launched with new features. After a period of smooth operation on the testnet, MINE Network will eventually be launched on the Ethereum mainnet. This is only the beginning, please stay tuned!

ABOUT MINE Network:

MINE Network is a novel Cross-Chain Metaverse solution that seamlessly integrates the hashrate economy with the worlds of DeFi, GameFi, and NFT’s — symbiotically merging them into one convenient open-source protocol. As a result, for the first time, players, collectors, and miners alike can take advantage of a fully integrated hashrate-based environment developed exclusively for effortless machineless mining. MINE Network provides a robust multi-chain infrastructure that caters to crypto enthusiasts worldwide by tokenizing real hashrates, issuing cross-chain compatible assets, and bridging conventional mining with the GameFi space by way of its unique Metaverse — the MINEverse.

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