Tutorial: How to mint the ARC20 Token QUARK that the whole network is mining?

Original article by Jaleel, Luccy, BlockBeats

The ARC 20 Token Quark, which is mined by almost the entire network of the Bitcoin ecosystem, has the English meaning quark is the basic unit of matter, similar to the smallest unit that makes up bitcoin, sats, and quark has meme properties to a certain extent. And because of its high initial Market Cap, large number of coin holding Addresses, and strong basic Consensus, many community members believe that Quark is expected to become a meme coin that can get out of the circle in the Atomicals ecosystem.

From the perspective of participation, on the one hand, the total number of quarks is 500,000, which takes a long time to dig up, which can allow many people to participate and build a certain consensus. On the other hand, Quark has a Mining Difficulty of 6, which is easier than Electron and Neutron, and combined with recent multi-threading optimizations, most people have the opportunity to experience the thrill of mining.

Currently, the total supply of quarks is 500,000 tickets, each worth 20,000 coins. According to Atomical Market data, at the time of writing, a quark is priced at $25, with a Market Cap of over $420,000 and a 24-hour trading volume of over $50,000.

Readers with programming background and ability are more recommended to build an environment to play, which is more efficient and less costly. In this article, BlockBeats has compiled one of the easiest ways to mine and mint for beginners.

Tool Preparation:

1. Wizz Wallet (formerly ATOM Wallet) Wallet;

2. Casting platform;

3. Atomical Market;

4. Details of the QUARK project;

5. Mempool Bitcoin chain block query

1. Register your Wallet

You can choose Unisat Wallet or Wizz Wallet (formerly atom Wallet) Address to receive, currently it is recommended to use Wizz Wallet, which can better identify Atomicals ecological assets.

Open the official website of the Wizz Wallet and click “Install” to add the chrome browser extension.

In the chrome browser extension, open the Wizz Wallet (Formerly Atom) add-on. The new user selects “Create new Wallet” on this screen. After entering the password to register, a 12-digit mnemonic word will pop up, back up the mnemonic word, select the Address followed by m/86/0/0/0/0/0, and click “Continue” to create successfully.

The transfer Bitcoin to Wizz WalletAddress is used as a handling fee, and the current cost of one is about 20 U, so it is recommended to prepare more Bitcoin as GAS fees to prevent the handling fee from being insufficient.

2. Go to SATSX

Enter the proxy website satsx, after linking the Wallet. On the Inscribe page, select Atomicals on the left, mint under the FT tab, and fill in “quark” in the “Ticker” field. If you need to receive from another Address, check “Receive by Other Address” and fill in the new Address.

3. Click Preview

Once you’ve filled in the basic information, click Preview. In the “Content” code box, check the third line of code for mint_ticker followed by “quark”.

3. Select gas

In “Transaction Fees”, choose the appropriate fee according to the current gas fee of Bitcoin, and the minting speed of different fees is different, which is 1 hour, 30 minutes, and 10 minutes, respectively.

At present, the total cost of using the proxy website is about 25 U, of which the cost of 1000 sats is for the proxy platform, the casting of the inscription itself needs to cost 20,000 sats, and the rest is the transaction fee.

4. Click Inscribe

If the code information is incorrect, you can click “Rrevious Step” to modify the basic information. Once you’ve checked the information and selected gas, click “Inscribe” and the system will check your UTXOs to see if you have enough funds. After checking, the UTXOs are sufficient, and the transaction will be built.

5. Start casting

This process will take a long time, you need to be patient, and the time consumed depends on the difficulty of Bitwork, QUARK Mining Difficulty 6. According to DUNE data, the current minting progress of QUARK is 2.92%, and according to community feedback, the current time required to mine a QUARK is about 1.5-2 hours. HOWEVER, ACCORDING TO THE AUTHOR’S TEST, THE TIME IS MUCH LONGER THAN 2 HOURS, SO IT IS RECOMMENDED THAT USERS WHO CAN BUILD AN ENVIRONMENT TO MINE QUARK.

6. Wallet signature

After successfully mining QUARK, the Wizz Wallet will pop up a signature box, and after completing the signature, wait for the transaction to be blocked in the transaction pool.

7. Wait for the block

Click “View History” in the Wizz Wallet to enter the most recent transaction, and when the mempool shows that the block is blue-purple and the transaction is confirmed, a QUARK has been successfully minted.