
If you decide to run miner in bittensor subnet, you go through:
- scanning 128 subnets
- filter out who are not burning incentives 100%
- out of those filtered, need to check if SN owner is self-mining
- check how many miners are receiving rewards
- ensure what miners actually produce
- is the mining available for public? avoiding like SN104
- learn the incentive mechanism (IM)
- how long does it take to receive miner reward?
- CPU based mining available?
- estimating GPU and compute cost
- getting Inference API cost
- use own device laptop, mini macs or spin a server
- wallet ready with reg fee in bittensor:native
- electricity, internet, opportunity cost
- any extra cost, any entry rules from SN owner
- daily, weekly, monthly cost to have a career as miner
- understanding average, median, winner-takes-all, bottom miner reward distribution
- estimating profitability
- choose the subnet to mine
- write miner code (if not, vibe code)
- download each subnet software for UI mining (if available)
- compete
- worry about immunity period before making a cent
- losing every time in winer-takes-all
- SN owner changes the IM, pause the incentives
- SN dereg, SN swaps the project
- restart analyzing another subnet again
enter cookingtao.com, all of these above steps done for you. join waitlist to try our beta platform.
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