ALEO mining
ALEO is probably the keyword that many investors in the Cryptocurrency market are looking for in recent times. In this downtrend season, it is not easy to find a project with many advantages below.
- Attract investment capital from large funds (a16z, Softbank, Samsung Next, …) up to 300 million USD.
- As a Layer 1 Blockchain project, the foundation of DEFI ecosystem formation, attracting cash flow in the market.
- ZK technology is a trend and application for projects that need security.
See also: Analysis of the upside potential of ALEO
However, this project does not open token sale for small investors, so owning ALEO tokens is mainly through mining tokens to receive rewards.
To mine ALEO, we have a way to invest in huge rigs, costing hundreds of millions each to participate in ALEO mining nodes. But it seems that this way is not feasible because the investment cost is quite high, not to mention environmental factors and electricity prices bring many risks to us.
A more possible solution for us to participate in mining ALEO, is that we will “share” a small part of capital in large coin mining companies in the market. Then we will share a part of the mining capacity and receive ALEO tokens. In this form, the most prominent in sharing mining capacity is the HS88 public. This is a well-known financial company in Korea and one of the companies that owns the largest number of miners in the field of Cryptocurrency.
HS88 authorizes FileUp App to distribute mining output to retail investors like us. This article will show you how to mine ALEO tokens on the FILEUP app platform.
What is Fileup app?
Fileup is a partner (more precisely a subsidiary) of one of the largest mining pools in the world, HS88. Fileup is currently mining (mining) the tokens of 2 projects, Filecoin (FIL) and ALEO. Any user can participate in the token mining process of these 2 projects.
- Advantages of Fileup:
- As a reliable application, when associated with one of the most prestigious mining pools in the world HS88.
- Helping users easily access and exploit potential projects.
- Good security system.
- The amount of ALEO mined will be distributed daily to investors (starting from July 2023 – ALEO mainnet).
- There is an official representative office in Ho Chi Minh City. Ho Chi Minh City and Hanoi
- Diversified reward policy for participants.
What is ALEO token?
ALEO is a platform blockchain project built on ZK (Zero Knowledge) technology platform, creating privacy and security solutions for decentralized applications (Dapps). With being a project in the top 10 projects invested by large funds in 2022, and attracting nearly 300 million USD from investment funds. ALEO is considered as a very potential project in the near future.
According to many large investors in the market, ALEO is predicted to be a platform blockchain unicorn in 2023 because of its superiority in technology, investment by large funds, outstanding transaction speed, security and privacy trends. ALEO token does not sell presale or IDO, but mining is mainly through mining pools. Including the HS88 mining pool with the mining platform Fileup app.
According to the roadmap ALEO will officially Mainnet and list on exchanges in July 2023. But now we can participate in the ALEO token mining process on Fileup App. Let’s see how to mine ALEO token on Fileup App.
Instructions on how to mine ALEO tokens on Fileup app
Step 1: Create an account on Fileup App
Go to fileup.app, to create an account to participate in the mining of ALEO tokens.
Enter your information including: country, username (ID), Pass and your Name to register. Then click Sign Up.
Step 2: Verify email
After completing step 1, the system will ask you to enter your email address to verify your account. Enter your email address -> Select Send verification number. Open and check email (Check Ads and Spam mailboxes), enter the authentication number as shown below -> Select Certificate
Sau khi xác thực email thì bạn đã đăng ký tài khoản đào ALEO token thành công.
Bước 3: Nạp USDP vào tài khoản vừa tạo
Ở thanh Menu bên trái, bạn kéo xuống và chọn Nạp USDP (Top Up USDP)
Then you will enter the window to select the amount of USDP you want to deposit and the loading port. It is recommended to choose the TRX port to load, because the transfer fee is low and avoid errors that may arise.
In the next step, you will receive a wallet address to transfer money to. Copy the wallet address and make a transfer from your personal wallet. Remember to copy the TXID transaction code (after making the transfer, click Block Explorer to get the TXID). Then select Fully charged to complete the transfer.
For detailed instructions on how to load USD into FileUp, please watch the video below.
Step 4: Buy the ALEO token mining package
After recharging, go back to the menu on the left, scroll down and select Buy ALEO package.
Enter the amount you want to buy and select Buy (Purchase). So you have successfully joined the ALEO token mining package.
Note: the minimum amount to buy the package is 400$
Summary of ALEO mining
Above is a guide on how to mine ALEO tokens on the Fileup App platform. This project is highly appreciated by the community for its potential for future development.
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