Phase 1: Mining Simulator Program)

Description: The first wave of our points program, focused on rewarding early users & pioneer.

The Kaleido Testnet Mining Program was the first phase of our points-based incentive system — a gamified experience that rewarded early users for participating in Kaleido’s testnet. The mining interface simulated real-world computational mining through virtual workers, pools, and algorithms, while actually tracking users’ on-chain test activities such as wallet connections, collateral deposits, and DApp engagement.

Core Concept

Each user could “mine” Kaleido Points (KLD) through simulated computational power, which represented their level of participation and engagement across Kaleido’s testnet ecosystem.

The system consisted of:

• Mining Pools (network nodes where users connect)

• Workers (virtual agents performing simulated “hashrate” tasks)

• Efficiency Metrics (performance factors affecting reward speed)

Mining Structure

Mining Pools There were t

hree available mining pools, each with unique characteristics and reward dynamics:

Pool Name	Algorithm	Fee	Difficulty	Description
Quantum Hash	quantum.kaleido.network:3333	1%	2.5	High-speed pool optimized for daytime performance
Neural Mesh	neural.kaleido.network:3334	0.8%	2.0	Balanced efficiency for consistent earnings
Chaos Matrix	chaos.kaleido.network:3335	1.2%	3.0	High-risk, high-reward pool with volatile output

Worker Types

Users could activate up to seven virtual workers, each with distinct efficiencies and performance bonuses:

Worker Name	Specialization	Power	Efficiency	Bonus
Quantum Accelerator	Quantum Hash	120W	70%	+30% when matched to Quantum Pool
Neural Processor	Neural Mesh	110W	65%	+30% with Neural Pool
Chaos Engine	Chaos Matrix	130W	75%	+30% with Chaos Pool
Hybrid Miner	Multi-pool	100W	60%	+10% across all pools
Quantum Lite	Quantum Hash	90W	55%	–
Neural Lite	Neural Mesh	85W	50%	–
Chaos Lite	Chaos Matrix	80W	45%	–

Optimal Strategy: Matching specialized workers with their preferred pools resulted in up to 30% increased efficiency, while hybrid workers offered flexibility for unpredictable market conditions.

Reward Mechanics

Earnings were measured in simulated hashrate (MH/s) and translated into Kaleido Points (KP), which were later converted to $KLD.

• Time-Based Rewards: Pools had variable efficiency cycles depending on global activity.

• Power Efficiency: Worker consumption affected yield stability.

• Dynamic Algorithms: Pool efficiency fluctuated hourly to simulate network congestion and demand.

Example Formula:

Total Points = (Hashrate × Efficiency × Time Active) ÷ Difficulty

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💰 Rewards & Claiming

• Users could view total mining rewards directly on their Mining Dashboard.

• Rewards accumulated as KLD equivalents, pending conversion during TGE.

• Once Phase 1 concluded, participants received a Mining Completion Badge and became eligible for Premium Node mining and SuperNode campaigns.

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📊 Key Stats (Phase 1 Summary)

Metric	Value
Total Testnet Miners Participants	1352000
Total Points Mined	220M+ KP
Average Mining Efficiency	68%
Conversion Preview	100 KP = 1 KLD (provisional rate)