Solana mining protocol ORE reported nearly $700,000 in revenue on November 8, marking its third consecutive day of record earnings, according to n2scapital data. The protocol has accumulated over 26,000 SOL in total revenue. ORE introduced a new mining mechanism in late October, which has been frequently shared by Solana co-founder Toly. This mechanism features a 5x5 grid where miners deploy SOL to compete for block space, with a winning block randomly selected each round to receive rewards. The update also includes token buyback and burn features.
Solana Mining Protocol ORE Achieves Record Revenue with New Mechanism
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