Miner NFTsLink to this section
TL;DRLink to this section
- You keep your Miner NFT in your wallet; there's no staking deposit.
- Its active mining power earns a variable share of SQK rewards, which you claim separately.
- Unclaimed rewards stay with the NFT when you transfer it.
Owning a MinerLink to this section
A Squeek Miner is an NFT with a level and mining power. It earns SQK linked to work recorded by the physical Hamster Miner, rather than measuring wheel activity itself. Owning the NFT lets you claim the rewards assigned to it and, when it's eligible, merge it with another Miner you own.
Your share depends on your Miner's active power compared with everyone else's. More power can increase your share. SQK and rewards explains where the pool comes from and what can limit it.
You can also direct a share of your Miner's rewards to fund SqueekFi projects.
In this sectionLink to this section
- What is a Miner? — Understand the NFT, its rewards, and what ownership lets you do.
- Getting a Miner — Compare minting a new Miner with receiving an existing one, and understand the collection's allocation.
- Ownership and transfers — See what moves to a new owner, including unclaimed rewards.
- Levels and mining power — Understand when new power starts earning and when a Miner can merge again.
- Merging Miner NFTs — Combine two eligible Miners while permanently burning one.
What changes as you use a MinerLink to this section
| Action | What it means for you |
|---|---|
| Mint a new Miner | You receive a Level 1 NFT whose mining power activates later |
| Receive an existing Miner | You receive its existing level, rewards, power, and cooldown; active power doesn't need to activate again |
| Merge two Miners | One NFT survives with both Miners' rewards and combined active power; its extra power activates later |
| Claim rewards | Ready SQK moves to your wallet; you keep the NFT and any tiny unpaid fraction |
| Transfer a Miner | Its new owner gains the right to claim the rewards you left with it |
Minting and merging schedule power changes that need processing before they take effect. Buying or receiving an NFT doesn't restart those changes or its cooldown. You can still claim rewards that are already ready while a power increase is pending.
Related pagesLink to this section
Records verified work and tracks settled rounds and Squeek blocks on Ethereum.
Calculates rewards from settled work, holds funded SQK, and pays eligible NFT owners.
The Miner ERC-721 contract. Tracks NFT ownership and coordinates minting and merges with Mining.
Applies Core or Mining upgrades authorized by its governing Timelock.
Generates Miner NFT artwork from fixed onchain visual data.
Queues governance operations and enforces a delay before they can be executed.
The SQK ERC-20 contract. Enforces the lifetime supply cap; only Mining can mint SQK.
Checks that visual data conforms to the required DotGrid format.
When new mining power starts earning. Minting and merging schedule it for a later round, and a checkpoint must process the change.
A reward update that processes settled work and scheduled mining-power changes. It can make rewards available but doesn't pay them to an owner's wallet.
The Miner NFT permanently burned in a merge. Its unclaimed rewards move to the survivor, but its image is not combined or kept.
SQK issued under the mining reward rules. You can direct a share of your Miner's rewards to fund SqueekFi projects.
The physical mining device that records accepted wheel-magnet passages as work. It is separate from the virtual Miner NFTs.
Squeekchain's record of accepted wheel-magnet passages. It doesn't prove animal identity and isn't how Ethereum reaches consensus.
Combining two eligible same-level Miners you own into one higher-level Miner. One NFT is permanently burned; the survivor keeps both Miners' unclaimed rewards.
The completed Squeek blocks a Miner must wait through before merging. It measures completed work, not elapsed time or Ethereum blocks; transfers don't reset it.
The power used to calculate a Miner's share of rewards when eligible and active. A larger share of total power can mean a larger share of rewards.
A ten-minute period used to group measured work. The device saves a completed round's work total when measurement remained uninterrupted.
The transferable token used for mining rewards. It has a lifetime supply cap and is separate from the Miner NFT and the device's work count.
A completed amount of settled work. Enough recorded work completes one Squeek block; it is not an Ethereum block.
Squeek Miner NFTs earn SQK linked to recorded wheel activity. Owners can direct a share of those rewards to fund SqueekFi projects.
Squeekchain's ecosystem for hamster-powered onchain finance. Miner owners can choose to fund projects with a share of their SQK rewards.
The Miner NFT you keep in a merge. It gains a level, keeps its ID and image, and receives both Miners' unclaimed rewards.
A Miner's recorded reward balance that hasn't been paid to a wallet. It stays with the NFT when ownership changes.
One wheel-magnet passage that met the device's counting rules and was saved. It records work, not an amount of SQK.