Sign up for the Video Miner beta to receive an authentication token.
Download the pool software and follow the installation steps.
Enter your beta key and track your transcoder via the dashboard.
Join the Video Miner community Discord server for updates and support.
Video Miner is a pool built on the Livepeer network that allows anyone to earn passive income by processing video with an Nvidia GPU. With Video Miner, you can easily participate in the Livepeer network without setting up an Orchestrator node, which requires a large sum of $LPT.
High-performers reap the most rewards, with Video Miner's tiered selection algorithm, which assigns jobs accordingly.
Connecting a GPU to the pool takes minutes and our team is here to assist you.
We're a passionate team of crypto nerds aiming to increase widespread adoption.
We're seeking those who share the same passion as us. Fellow tinkerers, devs, and entrepreneurs are welcome.
Video Miner is an ongoing venture, where bright minds have united to advance the pool model.
Users can stake $LPT to Video Miner to earn inflationary rewards. No GPU necessary.
At least an Nvidia 10 series GPU. Non-Nvidia GPU's are not supported.
A minimum upload and download speed of 150Mbps is required.
A wired connection to the internet.
As a Video Miner transcoder, the work you complete will earn the pool winning tickets, which are valued in ETH. As the pool receives these winning tickets, your payable balance (which can be viewed on the dashboard) will increase. Once your payable balance reaches the minimum payable threshold, you will receive ETH in your designated wallet. Please note that Video Miner takes a small commission to cover costs.
Accepted beta applicants will be reached out to on an individual basis, and will receive an authentication key upon approval. Once approved, participants can install the software and connect to the pool.
As we continue to develop features and polish the pool software, users may experience bugs and downtime. Keep an eye on the Video Miner Discord for updates.
Staking $LPT to the Video Miner pool is a great way to earn passive income while supporting the pool and the team behind it. Staking validates the pool on the Livepeer network, resulting in more video traffic being routed to the pool and generating more income for Video Miner transcoders and delegators. You can stake directly on the Video Miner dashboard or through the official Livepeer explorer.
*Livepeer is on the Arbitrum network which requires $LPT to be bridged from mainnet in order to stake. See Livepeer's documentation for details.
To install Video Miner, click the button that matches your desired platform/operating system. For closed beta, we're accepting a limited number of applicants, so be sure to sign up and secure your spot.
Pick your platform:
Answers to a variety of commonly asked questions.
Livepeer is a decentralized, highly scalable, crypto token incentivized, video streaming network protocol which serves as the live and VOD media layer in the Web3 stack. Additionally, Livepeer provides an economically efficient alternative to centralized broadcasting solutions for any existing (Web2) broadcaster.
Developers and broadcasters can leverage Livepeer's network by using it for their transcoding needs. Livepeer uses it's own selection algorithm to ensure broadcasters are connected to Orchestrators suitable for the job. The Video Miner pool takes this one step further, by incorporating its own selection criteria, ensuring work is divided evenly between the best transcoders in the pool.
Learn more about Livepeer.
Arbitrum is a Layer-2 scaling solution for Ethereum, designed to improve the network's transaction throughput, speed, and efficiency. It uses innovative technologies such as Optimistic Rollups to achieve these goals, allowing developers to build and deploy smart contracts with significantly lower gas fees and faster confirmation times than on the Ethereum mainnet.
Some key features of Arbitrum include:
Scalability: Arbitrum increases Ethereum's transaction capacity by executing transactions off-chain and periodically submitting proofs (called rollups) to the Ethereum mainnet. This reduces congestion and enables higher throughput.
Compatibility: As a Layer-2 solution, Arbitrum is designed to be compatible with Ethereum's existing developer tools and infrastructure, making it easy for developers to migrate their decentralized applications (dApps) to the Arbitrum network.
Security: Arbitrum relies on the security of the underlying Ethereum blockchain to protect user assets and data. The Optimistic Rollup technology ensures that any incorrect or fraudulent transactions can be identified and challenged by users.
Decentralization: Arbitrum preserves the decentralized nature of Ethereum while enhancing its performance. It does not compromise on trustlessness or censorship-resistance.
Lower Gas Fees: By offloading transactions to the Arbitrum network, users can enjoy lower gas fees compared to the Ethereum mainnet, making it more cost-effective to interact with dApps and smart contracts.
Arbitrum is an important development in the cryptocurrency and blockchain ecosystem, as it helps address some of the scalability challenges faced by Ethereum, enabling the network to support more users and applications while maintaining its security and decentralization.
Video mining (transcoding) is a technique used in the processing and analysis of video data, where video files are converted from one format or codec to another to ensure compatibility across various devices, platforms, and applications. Transcoding plays a crucial role in optimizing video content for streaming, storage, and distribution.
Some key aspects of video mining include:
Format conversion: Transcoding helps to convert video files from one format to another, such as MOV to MP4, to ensure seamless playback on different devices and platforms.
Codec adaptation: Video codecs, like H.264 or H.265, are used to compress and decompress video data. Transcoding adapts the codec to meet specific requirements of file size, quality, and compatibility.
Resolution scaling: Transcoding can also involve resizing the video resolution, adjusting the dimensions of a video to fit different screen sizes and aspect ratios, such as converting 1080p to 720p.
Bitrate optimization: By adjusting the bitrate during transcoding, video files can be optimized for various bandwidths and network conditions, improving the viewer's experience and reducing buffering or lag.
Video mining is essential for businesses and content creators who want to reach a wider audience, ensuring that their video content is accessible, optimized, and compatible across diverse devices and platforms.
Unlike traditional proof of work (POW) “video mining” primarily uses the video decoding and encoding chips of the GPU.
No. Currently the Livepeer Network has more supply than demand so adding additional GPUs will not result in receiving more income. A single dedicated GPU can handle the current demand.
There is no earnings calculator due to the nature of Livepeer being a demand based network, however, you can always view and track your balance via the Video Miner dashboard.
Running a Transcoder in a pool removes many of the complexities of running your own Orchestrator node, however, we do expect transcoders to have enough technical knowledge to, at a minimum, be able to patch Nvidia drivers.
Yes, updating drivers will require a re-patch. Use the patching tool packaged with the installer.
Join the community Discord server and let us know!