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October 27, 2025 โ€ข 8 mins
In this conversation, Peter discusses significant updates regarding the Midnight project, focusing on the transition to phase two, which involves scavenger mining. He explains how users can participate in browser-based mining for $NIGHT tokens, the support from centralized exchanges like Kraken for token claims, and the opportunity to earn tokens through delegation to state pool operators in the Cardano ecosystem. The conversation emphasizes the importance of being prepared and aware of potential scams in the mining process.

Takeaways
  • Phase two of the Midnight project involves scavenger mining.
  • Users can mine $NIGHT tokens directly through their browsers.
  • No technical setup is required for scavenger mining.
  • Kraken will support the claim process for $NIGHT tokens.
  • Users can earn $NIGHT tokens by delegating to state pool operators.
  • The scavenger mining event will last for 21 days.
  • 30 million $NIGHT tokens will be available daily during the event.
  • It's crucial to verify if your stake pool operator runs a Midnight node.
  • Be cautious of potential scams in browser-based mining.
  • Support for the channel is appreciated through various means.


Chapters
00:00 Introduction to Midnight Updates
02:53 Scavenger Mining Explained
05:48 Centralized Exchange Support for $NIGHT Tokens
08:34 Earning $NIGHT Tokens through Delegation

DISCLAIMER: This content is for informational and educational purposes only and is not financial, investment, or legal advice. I am not affiliated with, nor compensated by, the project discussedโ€”no tokens, payments, or incentives received. I do not hold a stake in the project, including private or future allocations. All views are my own, based on public information. Always do your own research and consult a licensed advisor before investing. Crypto investments carry high risk, and past performance is no guarantee of future results. I am not responsible for any decisions you make based on this content.

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Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Some big updates around at midnight and it's huge glacier drop.
Phase one has ended and we're moving onto phase two,
this scavenger hunt. I've got details around that. I also
have details for Kraken users, Centralized Exchange users and how
they are going to now receive the air drops for
the night tokens. And last but not least, also some

(00:20):
news about how you could earn some night tokens by
delegating to stakepool operators in the Cadano ecosystem. Lots to
go through here, let's get to it. Hey everyone, I'm here.
If it's the first time here, hit that thumbs up
like subscribe notification bell. I took all things crypto and
let's get into this night air drop, this glacier drop
that they've done. The first new story we need to

(00:42):
look into. Here is the updates for phase two. We
are now into scavenger mining and this is basically browser
based crypto mining. So you know, in the bitcoin space,
you can buy these miners and then start mining for
bitcoin theorem. You used to be able to get your

(01:02):
video cards to graphics cards and use that for mining,
but now we're going to use that on a browser
based experience and let me just go through the details here.
So next week, the second phase of night Tookens distribution
is targeted to begin six one hundred and twenty six
million Nighttokens available. No technical setups needed, just your browser.
But let's go into more of the details here. This

(01:24):
is the blog post that they put together to talk
about it. Target launch date is a twenty ninth, with
it opening up the day after, and you don't need
to register. You can just join in on the thirtieth,
but you might as well get yourself prepared for this
so that you're ready and your browsers all set up
and you can start mining as soon as possible. So
you need to go to the website and register your

(01:46):
Coadino wallet. Next, you need to sign the unique claim
message so this will peer up on the screen. Just
sign it as you may have done in the phase one.
Just confirms that you have access to this wallet address,
and the last part of the process clicks stuff and
begin the processing solution. Now, there isn't too much details
in regards to how this part actually works. Is it

(02:08):
actually mining? Is it connecting to a node or something
like that, And I'm assuming yes, because there's a lot
of these type of browser based mining operations out there
in the crypto space, and back when I started in
twenty seventeen twenty eighteen, there were certain projects that I
absolutely loved because I could just use a browser. I

(02:29):
just had my computer on twenty four seven. I was
mining eth back then, and I might as well have
the browser and CPU being used up as well and
using that to mine. These other projects. I can't remember
what they were called for the life of me, and
I tried looking it up, but I did find some
other projects that are still doing this JavaScript mining based operations.

(02:50):
This is mineromino dot rocks, and here you can see
you just need to put a little bit of JavaScript
in on a website and anytime someone comes to your website,
their browser gets used in the mining operation. So that's
one way that you could do it. But in this case,
you just be going to the Midnight website and leaving
your browser open clicking start to initiate it. And the

(03:12):
way it goes, it starts using your CPU, I assuming,
and then starts solving the blockchain problems to be able
to start mining. I've seen a lot of comments online
and people think, do you seriously think serious people are
going to sit in front of their laptops playing games
when you should or to allocate to qualifying dress. So
just be clear here, I'm pretty sure it's not playing

(03:34):
games on a browser. You're literally leaving the browser open
so it can use the computational power of your computer
to solve the blockchain problems, just the same way as
a bitcoin minor solves the block problems there to secure
that particular chain. They're doing the same thing but using
browser based mining, very similar to what you see here

(03:55):
with this manarowminor dot rocks one. Here, they've got some
script code that you put on a website. Then anytime
someone visits that website, it will start mining in the background. Now,
back when I was participating a lot in this browser mining,
there were malicious actors in the ecosystem and they were
hijacking people's computers and using their browsers and storing a

(04:19):
little bit of malware on there to start mining it.
So basically what they'll do is get this code here,
something very similar to this, and then inject it as
a pop up on various websites, and when you visit
that website, that code will be executed in the background
and start mining for them. So it's just something to
be aware of as well. I'm sure. Because this scavenger hunts,

(04:43):
the scavenger mind is such a short period of time,
the scammers the hackers out there probably won't put their
time and effort into it because of such a small window,
But we never know. Just be aware of this stuff.
It does happen now. A little bit further down here
around the token allocation, they did say there was six
hundred and twenty six million night tokens available for the

(05:04):
scavenger mine, and this is divided across the twenty one
days of the event, meaning there are thirty million night
tokens available every twenty four hour cycle, so at the
end of every single day that's measured in the UTC timestamps.
At the end of those days, they will take a
snapshot then allocate the tokens or whoever mined during that

(05:27):
time period. So something else that you might need to
be aware of as well. Other than that, there aren't
too many more details around the scavenger and mining process.
Keep an eye out on the official channels and we
should get more up to date information over the next
day or so. Now this other bit of amazing news
is from the centralized exchanges, and this one is from

(05:47):
Cracking and their official announcement of supporting the Midnight Network
and the Glacier air Drop. So this is really good
stuff for anyone that was holding assets within Cracking. If
you're on Bitcoin Ethereum, Solana, any of the other chains
that were supporting the Glacier Drop, but you didn't move
their assets off to claim them, don't worry. Kraken's got

(06:11):
your back here and they will set up a process
at a later date where you can claim your night tokens.
So it's probably closer to the TGE when the token
is generated, and you'll be able to claim your night
tokens via Kraken. Hopefully there are some other centralized exchanges
that step up as well. Coin based Finance I haven't

(06:31):
heard anything from them in regards to being able to
claim night tokens, but if Kracking's doing it, they're putting
out the opportunities there. People are looking at Cracking now
and using that a little bit more. So. Hopefully we
do see coinbase and binance and other major exchanges step
up and come to the table when it comes to
claiming your night tokens. Fingers crossed will all you out

(06:53):
there now. The last way that you can potentially earn
night tokens in the future is by delegating to stakepool
opera within the Kadano ecosystem. So when you're now delegating
to a Kadano staatepool operator, you'll also be able to
earn the night tokens, but that's only if the staatepool
operator is also running a midnight node. Our staatepool aid

(07:15):
of oz we are definitely going to be running a
midnight node and participating in the ecosystem there, so anyone
that's delegated to aida oz will also get those night
tokens to delivered to their wallet too, so that's really
really key. Check out if your stakepool operator is also
operating midnight contact them on x on their social channels.

(07:37):
If you go to the pool's website, you should be
able to find out how you can contact them and
work out if they're going to be a midnight operator
as well. We're definitely going to be, so if you
want to find out more, check out the links down
below and you can find out how you can be
a part of the ada OZ staking ecosystem. All right,
that's all I have in regards to the midnight updates.

(07:58):
So thank you so much for everyone that's been porting
the channel in general and all the work that I'm doing.
Just a big shout out here to feel from the
surf Lending team. He bought me a coffee the other day,
but there's a whole bunch of other people recently that
have been buying coffees. Buy me a coffee and you
can see them all here, So big thank you for

(08:19):
all those people that have been supporting my work in
the crypto space here with buy Me a Coffee. You
can also become a channel member on the YouTube channel
here as well, and to get early access to videos,
members only videos and members only posts via YouTube team.
So lots of ways you can support the channel and
appreciate every single one of you that have done so already.

(08:42):
If you can't, that's totally cool. Just hit that thumbs
up like subscribe notification belt on your way out. I'll
see you guys in the next video.
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