> For the complete documentation index, see [llms.txt](https://docs.mineglyph.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.mineglyph.xyz/getting-started/what-is-mine-glyph.md).

# What is Mine Glyph?

Mine Glyph turns a wallet's **on-chain history into mining power**. There are no GPUs and no proof-of-work puzzles. Instead, four signals from your wallet's past activity are blended into a single **hashrate** score, and a fixed emission of the GLYPH token is shared among all miners according to their hashrate.

## The core idea

Bitcoin rewards whoever contributes the most computation. Mine Glyph rewards whoever has contributed the most **on-chain activity** — a proof of genuine, long-term participation rather than raw electricity.

The four signals:

| Signal           | What it measures                             |
| ---------------- | -------------------------------------------- |
| **Wallet age**   | how long the wallet has existed              |
| **Transactions** | how many transactions it has made            |
| **Volume**       | lifetime value it has moved                  |
| **Hold time**    | how long it holds assets without moving them |

Each is **log-scaled**, so activity is rewarded with strongly diminishing returns. This is deliberate: it makes the system expensive to game and keeps a single whale from dominating. See [Hashrate](/protocol/hashrate.md) for the exact formula.

## Fixed emission, shared difficulty

A fixed amount of GLYPH is emitted every second and split across the network by hashrate share:

```
your reward per second = emission per second × (your hashrate ÷ total hashrate)
```

When new miners join, total hashrate rises and everyone's slice shrinks — exactly like mining difficulty. The emission itself **halves on a schedule**, so total issuance converges to a fixed cap. See [Emission & halving](/protocol/emission-and-halving.md).

## What GLYPH is

GLYPH is the protocol's ERC-20 token (18 decimals, hard cap 21,000,000). It is minted **only** through mining rewards and a one-time locked-liquidity premine. There is no team allocation and no way for anyone to mint outside the mining contract. See [Tokenomics](/protocol/tokenomics.md).

## What Mine Glyph is *not*

* It is **not** a yield/staking product with guaranteed returns.
* It does **not** custody your funds — mining and claiming are direct on-chain transactions you sign yourself.
* It is **not** affiliated with Robinhood Markets, Inc. "Robinhood Chain" refers to the underlying blockchain network only.


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