EMETH White Paper
  • EMETH White Paper
  • 1. Introduction
    • 1-1. The Need for a Global Distributed Computing Platform
  • 2. Project
    • 2-1. EMETH's Vision
    • 2-2. Overview of EMETH Project
      • 2-2-1. Data Privacy Protection
      • 2-2-2. Hybrid Parallel Processing
      • 2-2-3. EMETH L2 Roll Up
  • 3.Token Economy
    • 3-1. EMETH ($EMETH) Token Overview
    • 3-2. Token Allocation
    • 3-3. EMETH Token Utility
    • 3-4. GPU Mining Program
      • 3-4-1. Staking Program.
    • 3-5. Calculation Method for JOB Execution Fees
    • 3-6. Overview of fee state transition
  • 4. Node
    • 4-1. Benefits that EMETH node can enjoy
    • 4-2. How to Become a EMETH Node
      • 4-2-1. How to set up EMETH Node for Windows users
      • 4-2-2. How to set up EMETH Node for Ubuntu users
      • 4-2-3. How to set up EMETH Portable for mobile device users
  • 5. Service
    • 5-1. AI Inference
      • 5-1-1 Pricing
    • 5-2. Rent GPUs
  • 6. DAO
    • 6-1. EMETH DAO
  • 7. EMETH Architecture
    • 7-1. Overview
      • 7-1-1. Splitter
      • 7-1-2. Aggregator
      • 7-1-3. Verifier
      • 7-1-4. Signer
    • 7-2. Layer 1 Entire Process
    • 7-3. Layer 2 Entire Process
  • 8. ROADMAP
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  1. 3.Token Economy

3-4. GPU Mining Program

Summary

This concept is similar to mining by Bitcoin computation, but unlike Bitcoin that is generated by calculation, it is a program where you can receive EMETH Innovation Token (Experimental Token: EIT) tokens distributed every hour in proportion to the amount of JOB achieved in that hour. It is currently in experimental operation.

JOB Cluster Reward

This is a digital token that is allocated to users who provide computational power for JOB. Newly issued EIT tokens are allocated.

Time Reward

12,000 $EMETH/1h, daily output of 288,000 EIT

For the first year, about 105,120,000 EIT per year will be distributed.

Distribution Decay

Decreases by 600 EIT /h each year → New block rewards will be zero in 20 years. After a period of 20 years, the emission of new EIT will cease.

JOB Reward Calculation

Example: Distribute 12,000 $EMETH every 1h

Processing amount in the previous 1h (INT)

Node A: 100 (50%) → 6000EIT

Node B: 70 (35%) → 4200EIT

Node C: 30 (15%) → 1800EIT

Distributed from Master Node to each node within each Pool

EMETH 1.0 Innovation Phase Operation Period

Emeth Innovation Token (EIT)　2023/11/21　～　2024/04/30

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Last updated 1 year ago