How do I mine NCX?
Become an active participant in the NewChain network and start earning NCX rewards through mining.
How to be a MASTERNODE
System Requirements:
- Download and install Java 21 on your machine
- CPU and stable internet connection
Step 1: Register your Wallet
- Create and register your NewChain wallet to generate your public wallet address.
- Keep your private key secure and never share it with anyone.
Step 2: Download the Node Software
- Download the official NewChain JAR file here:
newchain.io/jarfile/masternode/newchain-v1.x.x(most recent version)
Step 3: Run the Node
- Open Terminal or Command Prompt.
- Navigate to the directory where the JAR file is located:
cd <file_path_where_the_jar_file_is> - Execute the following command:
java -jar newchain-1.0.0.jar --node.id=<ALIAS> --node.peers[0]=http://mainnet.newchain.io:7107 --mining.minerAddress=<WALLET_ADDRESS>
- Replace
<ALIAS>with any preferred name (private to you). - Replace
<WALLET_ADDRESS>with your registered public wallet address.
- Once you see the message:
“Synching to the chain...” – Your node is running successfully.
Step 4: Contribute, Earn, and Participate
- As your node contributes to network validation, you will begin earning NCX rewards.
- You can store, transfer, or stake your NCX tokens to:
- Participate in governance decisions
- Support network stability
- Increase your potential rewards
How to be a SUBNODE
System Requirements:
- Download and install Java 21 on your machine
- CPU and stable internet connection
Step 1: Register your Wallet
- Create and register your NewChain wallet to generate your public wallet address.
- Keep your private key secure and never share it with anyone.
Step 2: Download the SubNode Software
- Download the official NewChain SubNode JAR file here:
newchain.io/jarfile/subnode/newchain-subnode-v1.x.x(most recent version)
Step 3: Run the SubNode
- Open Terminal or Command Prompt.
- Navigate to the directory where the JAR file is located:
cd <file_path_where_the_jar_file_is> - Execute the following command:
java -jar newchain-subnode-1.0.1.jar --worker.id=<YOURMACHINE> --worker.wallet=<WALLETADDRESS> --pool.url=http://masternode.newchain.io:7107
- Replace
<YOURMACHINE>with any preferred private name. - Replace
<WALLETADDRESS>with your registered public wallet address.
- Once you see the message:
“Synching to the chain...” – Your node is running successfully.
Step 4: Contribute, Earn, and Participate
- As your SubNode contributes to network validation, you will begin earning NCX rewards.
- You can store, transfer, or stake your NCX tokens to:
- Participate in governance decisions
- Support network stability
- Increase your potential rewards