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One year ago today, ORE introduced virtual mining on @solana.
Mining no longer required specialized hardware or an electricity arms race. Anyone could compete for newly issued ORE, with the additional incentive of accumulating unrefined ORE.
A year of iteration and refinement later, the principle remains: fair distribution, open participation, and a monetary design that rewards patience.
All you need is a Solana wallet.
Start mining: ore.com/learn
ORE retweeted
How should the market value $ORE as its treasury grows?
@HardhatChad sees @ore’s reserve as more than token backing, using deep liquidity and buybacks to support $ORE while preparing for future asset classes
The long-term vision is to eventually include tokenized real-world resources like energy and physical commodities, giving $ORE exposure to whatever financial instruments emerge next
Today on MCG
solana:oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp | @ore w/@HardhatChad
ORE runs a Solana mining protocol that produces a scarce digital asset designed as a long-term store of value
Highlights include:
00:08 - Mining protocol resurgence context
01:03 - Hardhat Chad Intro
02:31 - Origin story, launched April 2024
02:58 - ORE launch congested Solana
04:24 - Take on proof of useful work
06:19 - Why AI mining and inference will decouple
9:40 - Big AI companies actually mine proof of useful tokens
13:00 - Ore Timeline till now
15:00 - Reserve mechanism, replacing top-blast buybacks
16:34 - 10% of protocol revenue feeds reserve
20:37 - Reserve growth, 1% to 10% rollout
22:28 - Why decentralized buybacks matter
25:13 - Reserve TVL growth
27:29 - New learn/docs section shipped(Next Steps)
28:37 - Governance coming via decision markets
29:38 - Jito SOL for reserve yield
31:40 - solana:oreoU2P8bN6jkk3jbaiVxYnG1dCXcYxwhwyK9jSybcp token value acquisition
34:00 - Ore X @MetaDAOProject soon?
ORE retweeted
Added 1,162 mORE holders in the past 24 hours. Keep in mind that people can hold multiple wallets, but this is with all crypto. Up and to the right trajectory of the chart is what we want to see. Few understand, then later, many will. ⛏️
ORE retweeted
Nicholas Oresme warned in the 1300s that rulers would inevitably “clip” or “lighten” coinage.
Jefferson said the same about paper notes.
Both understood the same truth:
Once a sovereign can alter the money, they eventually will.
We’ve normalized this power so completely that we forget how strange it is:
Your money can be stopped mid-flight because the issuer, or one of its satellites, disagrees with your behavior.
This is the endgame of every centralized monetary standard:
The mint turns into an instrument of enforcement.
The ledger becomes a map of the people.
The people become programmable.
Bitcoin was supposed to be the great exit.
But most crypto systems reproduced the same trap.
Founder keys.
Admin overrides.
“Pause” switches.
Consensus changes that require elite blessing.
Modern coins still have mints, just smaller, more opaque ones.
This is why $ORE has a reason to exist.
It asks:
Can you create a standard unit of money without granting anyone the ability to weaponize issuance or settlement?
The answer is only yes if:
– The contract can’t be upgraded
– No account can be frozen
– No admin can rewrite balances
– The rules apply identically to the founder and the newest miner
Lock the mint.
Erase the master keys.
Make the ledger indifferent, even to its creators.
That’s the real revolution Ore is waging:
Not faster transactions, not cheaper fees…
but monetary exit from coercive architecture.
The Ore mint program is frozen.
Read that part again. Yes, it’s indeed frozen.
Not even its creator can now change max issuance or max emissions rate.
Non-sovereign money is a door.
And once people realize they can walk out, the mint loses its teeth.
What can you do to join?
Buy ORE. Mine ORE. Covet ORE.
ORE retweeted
“Can you create a standard unit of money without granting anyone the ability to weaponize issuance or settlement?”
$ORE
Nicholas Oresme warned in the 1300s that rulers would inevitably “clip” or “lighten” coinage.
Jefferson said the same about paper notes.
Both understood the same truth:
Once a sovereign can alter the money, they eventually will.
We’ve normalized this power so completely that we forget how strange it is:
Your money can be stopped mid-flight because the issuer, or one of its satellites, disagrees with your behavior.
This is the endgame of every centralized monetary standard:
The mint turns into an instrument of enforcement.
The ledger becomes a map of the people.
The people become programmable.
Bitcoin was supposed to be the great exit.
But most crypto systems reproduced the same trap.
Founder keys.
Admin overrides.
“Pause” switches.
Consensus changes that require elite blessing.
Modern coins still have mints, just smaller, more opaque ones.
This is why $ORE has a reason to exist.
It asks:
Can you create a standard unit of money without granting anyone the ability to weaponize issuance or settlement?
The answer is only yes if:
– The contract can’t be upgraded
– No account can be frozen
– No admin can rewrite balances
– The rules apply identically to the founder and the newest miner
Lock the mint.
Erase the master keys.
Make the ledger indifferent, even to its creators.
That’s the real revolution Ore is waging:
Not faster transactions, not cheaper fees…
but monetary exit from coercive architecture.
The Ore mint program is frozen.
Read that part again. Yes, it’s indeed frozen.
Not even its creator can now change max issuance or max emissions rate.
Non-sovereign money is a door.
And once people realize they can walk out, the mint loses its teeth.
What can you do to join?
Buy ORE. Mine ORE. Covet ORE.
ORE retweeted
$ORE is massively undervalued
Up 15% today while the market is red, +134% in the last month
$3.7M/month revenue ($130K/day avg) with 99% going to buybacks, burns & stakers
Only 510K circulating supply out of 3M max and over half of that (280K) is already staked
Their buyback system is unique, the ORE Reserve places buy-side liquidity below spot so dips get auto absorbed
All of this at just $88M mcap which is CRAZY
Do y’all hold any?
ORE retweeted
BTC vs ORE: A Comparison of Durability
__
Bitcoin is called Digital Gold but Gold does not need to be kept alive.
If you bury a gold bar in the dirt for 2,000 years it requires zero electricity, zero maintenance, and zero human attention. It just exists, surviving passively, not decaying for generations.
Bitcoin does not work that way. It must consume billions of dollars of electricity every year just to keep its history from being rewritten.
When the last BTC is mined, block rewards disappear, leaving transaction fees to secure and sustain its ledger. IF those fees don’t materialize, the network starves, security drops, and the asset perishes.
Bitcoin has an expiration risk.
$ORE changes the paradigm entirely.
If everyone stops mining $ORE today, the tokens already in circulation simply sit there on Solana. They don't require continuous mining to remain recorded on Solana.
Because $ORE sits on top of Solana, it doesn’t have to maintain and fund a separate L1 network. Solana pays for its own survival through its massive ecosystem utility and fees.
So $ORE, like physical gold, can just exist as an immutable element on Solana surviving passively, without decaying.
And there’s more.
Through $ORE’s buyback & “rebury” loop, $ORE captures capital from economic mining activity, buys tokens off the open market and recycles them back into the system, within the 3 million supply cap.
So $ORE on Solana not only preserves the asset, it preserves the opportunity for future generations to participate in mining.
Comparatively, $ORE’s SoV properties are structurally closer to Gold than Bitcoin.
- Scarcity that endures.
- Participation that continues.
- A digital asset/SoV that doesn’t have to keep being mined to exist.
$ORE – The SoV of SoV’s
ORE retweeted
ORE Grazing
A visualization of ORE (Hawg) as a free roaming energy vacuum.
Inspired by @pokerchessman comments “ORE is a vampire”
ORE is the people's SoV.
its reason is fairness.
ORE is the peoples SOV, on the peoples chain.
fairness comes before religion and politics. its deep rooted. kids understand "that's not fair" before they can read.
its flying over peoples heads because its so obvious:
mining bitcoin and zcash need ASIC rigs, pearl needs beefy GPUs. ORE is the only one where a non-technical can start with a wallet and few clicks. if u can tap a button, u can mine
ORE retweeted
its reason is fairness.
ORE is the peoples SOV, on the peoples chain.
fairness comes before religion and politics. its deep rooted. kids understand "that's not fair" before they can read.
its flying over peoples heads because its so obvious:
mining bitcoin and zcash need ASIC rigs, pearl needs beefy GPUs. ORE is the only one where a non-technical can start with a wallet and few clicks. if u can tap a button, u can mine