NIP-4: Unified Miner as a Service Interface

[x-nimble]

Status: Approved

TL;DR

Miner as a service is a solution to deploy mining software on users' behalf. Nimble provides an interface and works with 3rd party GPU clouds for the following benefits:

• one button click mining experience,
• security from verified 3rd party GPU clouds, and
• stable network, stable GPU, no cheating, high reputation and thus stable income.

Nimble only provides a decentralized interface to onboard users. The mining service can be provided by any 3rd party. The miner as a service interface connects users with trustworthy GPU clouds. Users also have the option to own high end GPUs in colocated data centers with enterprise level network configurations.

Problems to Solve

Nimble miners are facing the following major challenges today:

1. Miner is cheated by unverified agents, thus losing real money.

2. Operation overhead is pretty high for managing GPUs by themselves, including setting up environments, debugging errors, updating software, etc.

3. Rental is expensive but contributes mainly low end GPUs like 3090 and 4090 to the network.

Targeted Users

The targeted users of the proposed solution are miners who:

• rent GPUs from 3rd party GPU clouds,
• use agents for Nimble network mining, and
• own a small number of GPUs by themselves.

The Design

Button Click Onboarding Experience

Miner Interface provides a button click onboarding experience for miner setups and GPU payments. It interacts with AI Orderbook for GPU matching.

Fast Feedback Loop

Unified interface for miners to check GPU downtime, incorrect mining rewards and so on.

Mining Service Rating System

Miners can provide feedbacks for GPU clouds with unreliable services.

Milestones

M1 - Simple Miner Onboarding Interface for Different GPU Tiers (by 05/24/2024)

Deliverables:

• Pricing documentation for different GPU tiers
• Targeted mining reward rate for each tier
• Wallet payment for GPU mining cycle purchases
• Easy onboarding flow
• Channels for user feedbacks and mining subscriptions

M2 - Enhanced Payment Flow and Automated GPU Cloud Onboarding (TBD)

Deliverables:

• The option to purchase GPUs and build user owned GPU data centers
• Enhanced payment flow for both crypto and fiat payment
• Automated onboarding flow for GPU clouds