SOLZ
Guide · 4 min read

How to Mine Crypto on Solana Without Any Hardware

Mining used to mean rigs, power bills and noise. On Solana, SOLZ turns mining into a 24 hour commit of SOL with 90 percent coming back. Here is how it works, what it costs and how to start.

Listen to this article5 min

For most of crypto history, mining meant machines. Warehouses of graphics cards, humming fans, power bills that only made sense if electricity was cheap. The idea behind it was simple and powerful: you put real work in, the network hands out new coins on a schedule that nobody can change. SOLZ keeps that idea and drops the machines.

What mining means on SOLZ

On SOLZ, the work you contribute is not electricity. It is time and SOL. You commit any amount of SOL to the SOLZ program on Solana. The program prices your $SOLZ immediately at the rate of the current cycle and holds it for you. After 24 hours you claim, and two things land in your wallet: the $SOLZ you mined and 90 percent of the SOL you committed.

That is the whole loop. There is no hardware to buy, no software to install, no pool to join and nothing to configure. If you can send a transaction from a Solana wallet, you can mine.

Why 90 percent comes back

A traditional miner spends most of what they put in. Electricity is gone once it is used. On SOLZ, only 10 percent of your commit is actually spent. The rest is simply locked for 24 hours and returned.

That gives every cycle two prices. The mining rate is the headline price per token. The true cost is what mining really costs you once your 90 percent is back, which is one tenth of the rate.

A worked example in cycle 1. The rate is 0.00016 SOL per $SOLZ, so committing 1 SOL mines 6,250 $SOLZ. After 24 hours you claim your 6,250 $SOLZ and 0.9 SOL comes back. Your true cost was 0.1 SOL, or 0.000016 SOL per token.

Where the other 10 percent goes

The 10 percent that stays is not a fee that disappears into a wallet. It is split by constants written into the program, and every part of it works for people who hold or mine $SOLZ:

  • 4 percent deepens the $SOLZ pool on Raydium, and the LP tokens are burned so that liquidity can never be pulled.
  • 3 percent is paid in SOL to everyone staking $SOLZ, split by how much each person stakes.
  • 2 percent buys $SOLZ on the market and burns it whenever the market trades below the true cost.
  • 1 percent goes to operations.

A keeper bot presses the liquidity and burn steps automatically every minute, and anyone else can press them too. Nobody can redirect the money, because nobody holds a key that could.

Mining used to mean machines. On Solana it means 24 hours and 90 percent back.

Halvings, without the four year wait

$SOLZ has a hard cap of 21 million, released over 32 cycles. Cycle 1 offers 10.5 million tokens. Every cycle after it offers half as many as the one before, and the mining rate doubles each time. If that sounds familiar, it should: it is the same supply curve Bitcoin follows.

The difference is the clock. Bitcoin halves every 210,000 blocks, roughly every four years. A SOLZ cycle ends only when it is mined out. It could take a week or it could take a year. What never changes is the direction: the price to mine only goes up.

How to start mining in five minutes

  1. Get a Solana wallet. Phantom, Solflare and Backpack all work in your browser or on your phone.
  2. Add some SOL. Keep a little extra for network fees, which on Solana are a fraction of a cent.
  3. Open the Mine page on solz.money and connect your wallet.
  4. Pick an amount and tap Mine. The page shows exactly how much $SOLZ you will get and how much SOL comes back.
  5. Come back in 24 hours and claim, or switch on auto mine and let your 90 percent roll straight into the next 24 hours for you.

Mine or buy?

$SOLZ also trades on Raydium, so there are always two ways in. When the market price is above the true cost, mining gets you more tokens for the same SOL. When the market is below the true cost, buying is cheaper, and that is exactly when the 2 percent buy and burn steps in. The SOLZ home page shows this comparison live, so you never have to guess.

Staking: the part that pays you in SOL

Once you hold $SOLZ, you can stake it and earn a share of the 3 percent from every mine, paid in SOL rather than in more tokens. You can unstake 24 hours after you last added to your stake. While nobody is staking, that share buys and burns $SOLZ instead, so it is never wasted.

The rules nobody can change

The SOLZ program was deployed with its upgrade authority removed. There is no owner, no pause button and no admin key. The mint authority for $SOLZ is the program itself, so the only way a new token can ever come into existence is by someone mining it at the posted rate. Every one of these facts can be checked on chain, and the SOLZ home page runs those checks live every time it loads.

No rigs, no power bill, no noise. Just SOL, a wallet and a schedule nobody can change.

Mining was always about earning new coins under rules everyone could see. SOLZ brings that back to Solana, without the warehouse.

Questions people ask

Do I need a GPU or a mining rig to mine $SOLZ?

No. Mining $SOLZ only needs a Solana wallet such as Phantom, Solflare or Backpack and some SOL. There is no hardware, no software to install and no electricity bill.

How much of my SOL comes back?

90 percent of the SOL you commit comes back to you after 24 hours, together with the $SOLZ you mined.

What happens if the cycle ends while I wait?

Nothing changes for you. Your rate is locked in the moment you commit, so a halving that passes during your 24 hours does not affect your position.

Is there a minimum amount?

You can mine any amount. Auto mine, which keeps your position rolling every 24 hours, is available for positions of 0.008 SOL or more.

Ready when you are

Mine $SOLZ in cycle 1

Commit SOL for 24 hours. 90% comes back with your $SOLZ. The rate only goes up from here.

Found this useful? Pass it on.