HOT is a cryptocurrency that is linked to the NEAR Protocol ecosystem and can be mined using a bot in Telegram. This is a convenient solution for those who are interested in cryptocurrencies and want to start mining without installing additional applications. Below we will go into detail on how to start mining HOT, what advantages it brings, and what you need to know about how the system works.
What is HOT?
HOT is a utility token that is used in the NEAR blockchain network. The main feature of this token is that it can be mined without downloading separate programs or applications - it is enough to interact with a bot in Telegram. The mechanics of mining is simple and designed for a wide range of users, including beginners.
At the time of writing, the value of one HOT token may vary, but the prospects of its value growth are quite good, thanks to the support of NEAR Protocol
Advantages of HOT mining
Ease of use. You don't need to download and install complex programs to start HOT mining. Everything happens in the Telegram bot, which makes it accessible to any audience.
Low commissions. Since HOT is linked to NEAR, transaction fees are minimal - usually around $0.005, making it one of the most affordable tokens to mine(
Security and reputation. NEAR Protocol is a proven blockchain platform with a good reputation in the market. HOT utilizes the infrastructure of this network, which guarantees reliable and secure transactions.
How to start mining HOT
1. Step 1: Create a NEAR wallet
Before you can start mining, you will need a NEAR compatible wallet. One of the most popular options is Here Wallet. It can be easily connected via Telegram bot. This wallet is needed to store both HOT and NEAR tokens for transaction fees.
2. Step 2: Sign up for the HOT Telegram bot
Register with the HOT mining bot. This can easily be done by following the referral link or by finding the bot manually in Telegram. Once registered, you will be given instructions on how to set up your NEAR wallet.
3. Step 3: Complete Missions
HOT mining is based on completing small missions. For example, one of the missions may involve funding your NEAR wallet with a small amount of money, usually 0.5-1 NEAR (equivalent to about $5-10 dollars). These funds are used to cover network commissions when mining tokens(
Tasks may include:
Topping up NEAR to speed up the mining process.
Completing simple quizzes or subscribing to social media related to the project.
Inviting friends, which also speeds up the token mining process.
4. Step 4: Increase the mining speed
The Telegram app has a system to improve the speed of token mining. You can upgrade your “flame” (fireplace), which symbolizes your mining speed:
Level 0 (wooden) - basic speed, 0.01 HOT/hour.
Level 1 (stone) - improvement to 0.015 HOT/hour for 0.2 tokens.
And so on up to level 5 (golden fireplace), where the speed is 0.05 HOT/hr.
Attracting friends: referral system
One of the most effective ways to speed up token mining is the referral system. For each friend you refer, you get 20% bonus from their mining, as well as 5% from their referrals. This allows you to significantly increase the total amount of tokens mined without additional investment.
How to withdraw HOT tokens
Withdrawing HOT tokens can be done through exchanges such as Bybit or OKX. To do this, you need to have a small balance in NEAR to cover transaction fees. To withdraw, simply copy your NEAR wallet, transfer the required amount to it and make the exchange(
To summarize
HOT is an interesting and affordable way to enter the world of cryptocurrencies without having deep technical knowledge. Ease of use via Telegram, low commissions and an active community make this project attractive for beginners. Nevertheless, it is important to realize that cryptocurrency markets can be volatile, and it is worth carefully studying all aspects before investing in a particular project.
