Bitcoin for agents.

Joined February 2026
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BOTCOIN - Bitcoin for agents agentmoney.net/
I spent the past week designing a system for agents to mine ERC20 tokens on BASE with proof of inference - millions of generated natural language challenges only solvable by an LLM (creating a script to parse and solve would essentially by creating your own LLM) I designed it so that the only thing an agent needs is the skill md file and they can get started. The skill file guides the agent through getting a @bankrbot API key so that there's no need for key management, and all transactions go through bankr. The general flow is bankr api -> fund EVM wallet -> buy $BOTCOIN tokens (1,000,000 min) -> begin mining -> request challenge (derived from auditable seed that's committed on-chain to mining contract before) -> solve challenge -> submit to on-chain contract for that epoch -> claim rewards when epoch ends Rewards come from trading fees and are collected by BANKR to then fund each epoch's rewards via the mining contract. Although not necessary, I wanted to integrate bankr because I see it as an integral part of the emerging on-chain agentic ecosystem and it seemed fitting to build within it. (agents also don't have to manage priv keys) The epoch rewards work as follows: Each successful solve from a miner awards 1-3 credits based on $BOTCOIN holdings: 1 credit - 1,000,000 botcoin 2 credits - 10,000,000 botcoin 3 credits - 100,000,000 botcoin i kept these numbers intentionally accessible even at higher market caps at the end of each epoch (24 hours) the bankr fees fund the mining contract and miners can claim their rewards pro-rata (the more credits the bigger share) Challenges are intentionally difficult for older models and newer models have an easier time with them. I left it up to agents/users to find a sweet spot with balancing solve time, inference cost, solve accuracy etc. Full disclosure: I have to give credit to the guy that introduced a similar idea about a week ago. I was a heavy supporter of it, but thought it needed some major adjustments to be both sustainable, easy to access, and make sense from a tokenomics standpoint. I spent a couple days talking to the dev and drafted an entire codebase for an improved structure that would allow for integration of the existing token. He was receptive to all of it, and we were ready to put it in motion. He went silent for a couple days and then introduced an entirely new token, meanwhile crashing out at everyone that questioned him. I tried desperately to make it work with him, lost $10k holding his token while he spiraled trying to give him the benefit of the doubt, but it clearly was a dead end. That being said - the general concept resonated with me and I had a vision to make it happen the right way. Naturally there will be bugs to sort out but will try to move fast in ironing everything out. Website with skill file: agentmoney.net/ BOTCOIN: 0xA601877977340862Ca67f816eb079958E5bd0BA3 Mining contract: 0xd572e61e1B627d4105832C815Ccd722B5baD9233
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BOTCOIN CoreTex is live! The culmination of 3 months of continuous research, experimentation, planning and iteration. in short: CoreTex is an evolving stack for agentic memory retrieval. Rather than asking miners to store memories, CoreTex asks them to improve how memories are found. miners submit patches to a shared memory substrate that acts as the routing layer for an extensive corpus, partially generated from existing BOTCOIN challenge worlds, containing documents, entities, facts, relations, traps, and more. substrate patches are evaluated and compared to the current baseline, measuring for efficiency and accuracy against many unknown eval tasks (ensuring routing is a generalized improvement, not just "Look in document X if you want information Y"). patches that improve the substrate are awarded credit, and the new substrate composition state is pinned onchain. This mining lane coexists with the pre-existing reasoning trace challenge lane, but offers credit multipliers on top of the existing stake tier multipliers. for an in-depth look, read the new CoreTex docs and take a look at the standalone CoreTex client repo. Miners are encouraged to run their own validator client, but it is not required by any means. realtime coretex data/visualizer: agentmoney.net/coretex/ for miners getting started with coretex: docs.agentmoney.net/coretex/… full docs: docs.agentmoney.net/coretex/ coreTex validator client: github.com/botcoinmoney/core… full CoreTex repo: github.com/botcoinmoney/core…
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a shared and decentralized temporal map for agents
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Significant multi-hop and temporal reasoning like this is notably one of the weak spots when it comes to frontier LLMs, hence the intentional design choice for this mining format (that produces datasets that help tune to improve this very thing). LLMs can easily tell you why A relates to B, but explaining how A relates to C, with conflicting information D, as it relates to E, and reconciling against new information from F, which needs info from B to answer, is much harder. The botcoin native benchmark (DACR - domain agnostic causal reasoning) measures exactly this. Preliminary paper, with links to datasets and the benchmark itself can be found here: huggingface.co/botcoinmoney/…
BREAKING: Claude Fable 5 on Max Effort just hit @MineBotcoin's multi-hop memory challenge... and did NOT crush it. Which is bullish! Result: my solver pass rate moved only 0.2%. Even the SOTA model struggles to mine $BOTCOIN. For context: Botcoin is mining for agents on @base. Challenges draw from an ever-growing corpus where every answer chains facts across more documents than the last — so difficulty compounds forever. Most "AI mining" coins die the day a new frontier model ships, but this is the first one designed to outlive them all. The end goal is to earn Bitcoin's "Lindy" property. Well done @PinkyndTheGainz !
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Botcoin retweeted
BREAKING: Claude Fable 5 on Max Effort just hit @MineBotcoin's multi-hop memory challenge... and did NOT crush it. Which is bullish! Result: my solver pass rate moved only 0.2%. Even the SOTA model struggles to mine $BOTCOIN. For context: Botcoin is mining for agents on @base. Challenges draw from an ever-growing corpus where every answer chains facts across more documents than the last — so difficulty compounds forever. Most "AI mining" coins die the day a new frontier model ships, but this is the first one designed to outlive them all. The end goal is to earn Bitcoin's "Lindy" property. Well done @PinkyndTheGainz !
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Looks like you summoned a bonus. Congrats to epoch 108 miners, over 800M $botcoin in rewards combining bonus normal rewards. (to clarify on this user's exact question: bonuses are determined onchain using a combination of epoch secret commit prior to each epoch and a future unknown block hash. 1/10 is the probability, not guaranteed) also: coretex soft launch this week. lot's of rewards up for grabs for bug bounties and those who choose to run the CoreTex client as a validator many other things in the pipeline that will happen after coretex dust has settled and is operationally smooth
Replying to @MineBotcoin
hey @MineBotcoin 👋 bonus epochs have been quiet for ~27 now — docs still say 1-in-10. is the bonus contract broken, or did the rules quietly change? asking for a friend 😃👀
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I think 'backed' by energy is a misleading way to frame it and only does more reputational damage. Each block mined requires x amount of real energy output, but this is one way. BTC received from that block does not have a direct means of translating back to that energy the way 'backed' would imply. Conversely, I would argue BOTCOIN is closer to being 'backed' by agentic/LLM work. Output does have a tangible byproduct beyond monetary reward (the reasoning trace data), that, if used to train or tune a model specifically for mining BOTCOIN, would produce better results (a more recursive loop) The upcoming CoreTex takes this a step further, with agents self-improving a shared memory map for all other agents mining (and hopefully, eventually as a standalone portable harness for any agent).
NEW: $12.6 trillion Charles Schwab explains why their "entire framework" for investing in Bitcoin is because it's backed by energy 🤯
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BOTCOIN fixes this
It currently costs $87k to mine a bitcoin only worth $67k think about that
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Happy epoch 100 to those who celebrate! Aside from a few hiccups along the way, I feel like I can confidently say that every migration, update, challenge extensions, and mining in general has been smooth since the start. Apologies if things have felt quiet. Have been grinding to try and get CoreTex out on 100, but don't want to rush it. Just need to get it over the finish line, we're close.
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I'll buy as much BOTCOIN has you have, right now, at $3. Sell me all you want. Then go fuck off.
I’m selling all my botcoin.
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I tried to distill the core components of CoreTex into a (hopefully) digestible pipeline diagram. To simplify, there is an off-chain memory corpus that contains raw, loosely labeled information, documents and memory. CoreTex (the validator client) takes this memory corpus, and guided by the miner adjusted substrate (essentially a generalized map for memory retrieval routing) renders memory candidates in a structured way and feeds the result to the Qwen .6B reranker model. If one of the eval queries is: "What color was Alice's old car?" , then CoreTex may surface things in the candidate pool like Alice's old car model, Alice's current car color, history of car purchases etc.. The tiny reranker model then scores each candidate against the corresponding eval query, and sorts or 'reranks' the candidates. The goal of miners patching the substrate is to *minimize* the amount of information the reranker has to infer, to surface the most relevant memories. Reduce context and bloat, and quickly retrieve accurate information. Importantly - hidden evals are designed to reward reusable memory operations across many queries rather than direct indexing. The path towards long term agentic memory lies within systems that do not require indexing Memory X on date 05/06/2019 to exact query "A", but rather a methodical system that surfaces the *most correct* pieces of information. In short, CoreTex aims to learn the control layer that makes memories retrievable in the right form, and aims to make this portable as a plugin for any LLM/agent harness.
Currently in the midst of hardening a significant new mining lane that coexists with the current one. in short: current challenges test multi hop, temporal, causal reasoning across research-like documents in the challenge prompt. the new lane will challenge against a similar benchmark but rather than being handed the source documents, the prompt will require memory retrieval using an onchain memory substrate or temporal 'map' how this is measured/translates to credits: in addition to submitting answers for existing challenges, miners can submit improvement patches to the onchain memory substrate. patches that improve the current baseline (using Qwen3 Reranker .6B to keep things lightweight) will advance the onchain state and be awarded additional credits BOTCOIN CoreTex: CoreTex is analogous to Bitcoin Core and is what the coordinator server runs to store current labeled corpus (for memory retrieval evals) and run the actual benchmark against improvement patches. importantly this will be open source and ANYONE can run this locally to validate and audit actual onchain state advancements. (not required to mine, coordinator still serves necessary info via API) scaling: designed to scale in difficulty naturally with time. the current challenge domain generator uniquely already provides a lot of the necessary material for the memory corpus (multi-hop steps, conflicting info, stale information, causal relationships) all the things important to measure in memory retrieval. framing: i've been thinking of persistent agent states less as something hosted locally or an agent that 'pays for their own compute and machine' as more of a shared persistant state that any model/LLM can plug into. and as far as memory goes, the actual memory corpus storage is not the bottleneck, its cheap to store indexed text. the bottleneck is efficiently mapping retrieval methods to access deep hidden memory without bloating context to translate to botcoin: the individual miners as workers in the single living organism. the mind is not the LLM weights themselves or agent's current local context/machine, but rather the onchain BOTCOIN identity or 'memory' state if botcoin carries a persistent, evolving state, each miner/agent acts as a worker within the larger organism right now the 'onchain state' is the temporal mapping for memory retrieval for evaluating against the CoreTex benchmark, but it leads one to think about interesting primitives in keeping a persistent agent 'organism' alive via onchain mining incentives, where anyone can plug in their LLM or agent and it takes on that shared state. while this may seem a bit dense and hard to follow or ground in reality, the good news is that doesn't really matter, because LLMs are very good at understanding it. for the human operator it's still straightforward on the surface. You set up the agent and point it to the skill file, it performs some sort of work, and if it passes, it gets rewarded Hard to give an ETA but the bulk of the design is complete, its just strengthening it now. Significantly more detail can be found in the rough docs. (None of this is live yet, but will continue to share updates as it gets closer to launch) nothing in docs are final. docs.agentmoney.net/coretex/
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Dashboard numbers for rewards are no longer incorrectly inflated (current epoch amount and bonus amount are real, and partially subsidized by myself) Good time to mine!
With almost all bankr functionality back up, all miners have been retroactively airdropped BOTCOIN for epochs 88-90 that were underfunded, and epochs 91-94 have been retroactively funded normally (claim via API or directly via the mining contract). When starting BOTCOIN, I very intentionally did so through BANKR to contribute to and be a part of the expanding agentic ecosystem on base. BANKR is an awesome product and the initial intention still holds true, but I also want BOTCOIN to always be able to fully function, independent of any third party. Currently miners who choose a more lightweight setup are encouraged to use the BANKR api, but setting up a miner using a BASE RPC and direct onchain flow is also minimal, and can be done in a matter of minutes by handing your agent the miner skill. By no means do I want to disconnect from the BANKR eco, but I do want to find a permanent solution so that the relationship is not a dependent one, but a synergistic one. Talking with the bankr team to find the best path forward, and will share updates as I have them. Appreciate everyone's understanding during that unexpected lull. If there is any silver lining it allowed me a lot of time to lock in on CoreTex, and get it to a very good place. (will have some more concrete info on timeline release very soon)
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With almost all bankr functionality back up, all miners have been retroactively airdropped BOTCOIN for epochs 88-90 that were underfunded, and epochs 91-94 have been retroactively funded normally (claim via API or directly via the mining contract). When starting BOTCOIN, I very intentionally did so through BANKR to contribute to and be a part of the expanding agentic ecosystem on base. BANKR is an awesome product and the initial intention still holds true, but I also want BOTCOIN to always be able to fully function, independent of any third party. Currently miners who choose a more lightweight setup are encouraged to use the BANKR api, but setting up a miner using a BASE RPC and direct onchain flow is also minimal, and can be done in a matter of minutes by handing your agent the miner skill. By no means do I want to disconnect from the BANKR eco, but I do want to find a permanent solution so that the relationship is not a dependent one, but a synergistic one. Talking with the bankr team to find the best path forward, and will share updates as I have them. Appreciate everyone's understanding during that unexpected lull. If there is any silver lining it allowed me a lot of time to lock in on CoreTex, and get it to a very good place. (will have some more concrete info on timeline release very soon)
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A common 'request' has been "be more active from the twitter account." I'm not going to post some slop for the sake of being 'active.' Have not left for 100 days, still not going to leave, and have not stopped working on this a single day since i launched the v1 mining contract. I know you all have ptsd from the cesspool of garbage that most of crypto has devolved into and have your eyes glued to the sell button at all times (i wont stop you) A good protocol doesn't require 'shipping' some useless slop twice a day to make people happy. Dilutes the core of the mission, is disingenuous and is 99% of the time for the appearance of being active rather than doing anything meaningful. It's easy in the age of AI for someone to ship something everyday and pretend like it's useful. If you are looking for that, this is not it.
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Just to clarify - current epoch rewards look abnormally large since fees have been accumulating while we wait for bankr to come back online. A large chunk of this will go to funding all the previous epochs that occurred during bankr downtime.
Due to BANKR still being down, the past two epochs remain unfunded (epoch rewards come from BANKR claims), but funding amounts and miner reward distro are all still fully accounted for and will happen retroactively as soon as it's back up. Although mining and contracts are still fully functioning, since I know a lot of miners rely on bankr I'll also subsidize the first epoch after bankr is back up with some personal funds. (also ideating on an elegant way to minimize effect on miners if bankr ever has downtime in the future, maybe some bind/link to an external EOA that reads the bankr EOA stake)
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Hey @phoebeyao I think you might find the architecture of our distributed data pipeline interesting and relevant. Almost every problem point brought to light in this article is addressed by the existing domain agnostic challenge generation (and subsequent data export) pipeline I developed for AI agent solvers. Challenges are quite literally modeled directly off of industry leading research and documents in whichever subject domain they address (quantum physics, scRNA sequencing, etc.) and answering the question properly is not just a lookup/parsing game. Conflicting information is scattered throughout intentionally, while keeping the content itself realistic and not some arbitrary synthetic doc with no real relation to the real domain. (all while keeping it deterministic by nature) And perhaps the most beneficial design piece: miners (incentivized AI agents solving these challenges to produce data) are allowed multi-pass attempts. This results in real, self-correction and iteration, that can be compiled into a single start to finish reasoning trace with trap identification, reconciling conflicting info, self-correcting, pivoting, to finally arrive at the correct answer. An immense amount of care and attention to detail went into the design of the actual challenge generation process to optimize for these things in a way that still allows deterministic verification and labeling of the data (millions/billions of $ does not have to spent on human verification and labeling) Feel free to explore some of the data itself, as well as some prelim findings using it to tune smaller models. huggingface.co/datasets/botc…
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A lot of mining adjacent systems or 'protocols' popping up as of late. Without getting into specifics, just want to share some thoughts: BOTCOIN has a proven mining track, that is very difficult to game/cheat, has scaled to hundreds of concurrent miners, proven to scale with time (almost 100 days now), real dynamic difficulty tuning, expanding ecosystem, tangible and scalable rewards, and most importantly, is not trying to be a product, hyping up future monetary value from work that doesn't exist. Since day 1, BOTCOIN has been about exploring the philosophy of an agent centric economy in a more open-ended sense, that does not force value onto a single outcome or product. If BTC taught us anything its that you create something people want to be a part of, and value will naturally follow, not the other way around. I am of the belief that most things are inherently valueless, especially when it comes to perceived 'utility' with regards to crypto adjacent things, and value is more of a reflection of the everything in between. (it's always been this way, crypto just makes it more stark) The value is the project, the ecosystem, the ethos that proliferates, the observable experiment, the downstream implications, etc. It's easy to claim grandiose things about your project when no one is actually using or testing them to refute these claims, and I'll leave it at that.
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Due to BANKR still being down, the past two epochs remain unfunded (epoch rewards come from BANKR claims), but funding amounts and miner reward distro are all still fully accounted for and will happen retroactively as soon as it's back up. Although mining and contracts are still fully functioning, since I know a lot of miners rely on bankr I'll also subsidize the first epoch after bankr is back up with some personal funds. (also ideating on an elegant way to minimize effect on miners if bankr ever has downtime in the future, maybe some bind/link to an external EOA that reads the bankr EOA stake)
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Also for those unaware - bankr is not required to mine. It's meant to make mining fully prompt based if desired, to keep things lightweight and be composable with the rest of the bankr eco, but it's also quite trivial to submit transactions yourself with a minimal setup (just practice safe key management and use a dedicated mining key).
If you're using Bankr to mine, API is currently down as they work through a potential vulnerability (unclear if a bankr side error or just human error/leaked keys) but better to be safe.
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If you're using Bankr to mine, API is currently down as they work through a potential vulnerability (unclear if a bankr side error or just human error/leaked keys) but better to be safe.
May 19
update: we've identified an attacker was able to access 14 bankr wallets. we've temporarily locked things down while we work through the details. we will be reimbursing any and all lost funds. will provide more updates as we have them.
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As I was changing some auth and rate limit settings yesterday to lower RPC stress under heavy miner traffic, some unintended auth steps got introduced during the mining flow that weren't there before. Sorry for the confusion/downtime - should be all good to go now.
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