ChainX Mining Tutorial — BTC Cross-chain Deposits Mining

About ChainX

ChainX Website https://chainx.org/
ChainX Web Wallet https://wallet.chainx.org
White Paper https://chainx.org/chainx_cn.pdf

ChainX is based on the Substrate architecture of Polkadot and will launch in Polkadot ecosystem to be a Relay Chain in the future. ChainX value user’s mining power based on the market value of BTC, DOT, ETH, ERC20, EOS and other assets that user cross-chain deposit in. There is no ICO and pre-mining.

ChainX value user’s mining power based on the market value of BTC, DOT, ETH, ERC20, EOS and other assets that user cross-chain deposit in. There is no ICO and pre-mining. ChainX will try to make the validator scalable and civilization. ChainX will use the POS algorithm to establish the first blockchain network that can game for a long

Related Tokens

PCX — Token of ChainX, got through mining, could be transferred and voted. For more information about PCX, please refer to the ChainX Whitepaper.
X-BTC — Token of BTC that cross-chain deposit to ChainX, could be got via cross-chain transfer and withdrawn at any time.
SDOT — Token that airdrop to the first-round public offering investor of Polkadot. Could be got via ETH wallet mapping of DOT and could transferred.

Create ChainX Wallet

Open https://wallet.chainx.org

Click right up corner “Add Account”- “New Account”

Back up your mnemonic words and the ChainX Wallet is created.

Deposit BTC to ChainX

In the “Assets” page,Click BTC “Deposit”

Select Node to be: MathWallet

 

Copy the deposit address and OP_Return

Install Math Wallet

http://maiziqianbao.net/

Create BTC wallet in Math Wallet

Note:ChainX cross-chain deposit wallet needs “no SegWit”,so please set the address type to be “normal” when creating BTC wallet.

 

Past the deposit address and OP_Return from ChainX to initiate the first deposit.

 

Wait for the completion of BTC transfer to start automatic mining, don’t forget to regularly claim PCX and vote Node to get compound return, the detaled tutorial:

blog.mathwallet.org/?p=429

Q&A

How to use BTC wallet mining in Desktop side?

Related reading:
http://blog.mathwallet.org/?p=417

How to use Polkadot(DOT) to mine?

Related reading:
http://blog.mathwallet.org/?p=432

What to do with the insufficient balance of PCX in the first-time PCX claim?

If you have no PCX, you could join our telegram: https://t.me/mathwallet
We will airdrop PCX to new users.

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