Fomo Hash: How to play, price, listing and key details of a project
Mining suddenly becomes a popular trend on Telegram: apps like Memhash, Cube, Starshash and Fomo Hash pave the way. In this article, we will explore one of the rapidly growing Telegram mining apps – Fomo Hash.
What is Fomo Hash?
Fomo Hash is a mini-application on Telegram designed for mining the in-game token FOMO. The project was developed by the team behind the popular game BUMS and launched on December 6, 2024, in partnership with Nexusverse.
Currently, the official Fomo Hash bot has over 6 million users and ranks third among the most popular applications on Telegram.
How Does Fomo Hash Work?
The game interface enables users to mine the FOMO token using the Proof-of-Work (PoW) consensus algorithm. The process mimics Bitcoin mining and operates as follows:
- The application utilizes the computing power of users’ devices (PCs or smartphones) to generate blocks.
- The user’s device solves complex cryptographic problems.
- Upon successfully solving these problems (i.e., finding the correct hash for a block), users are rewarded with FOMO tokens.
The reward system in Fomo Hash operates as follows: the more users mining FOMO tokens, the higher the mining difficulty. Additionally, every 100,000 blocks, the reward for the first miner of a block decreases by 10%, while the reward share for other miners increases by 10%. This model aims to achieve fairer distribution of rewards, targeting a 10%-90% split in FOMO token distribution.
Access to Fomo Hash is only available for a fee, reducing the potential influx of bots and multiple accounts. Currently, the game entry fee is 200 Telegram Stars.
How to Play Fomo Hash
To start mining in Fomo Hash, follow these steps:
- Open the official Telegram bot for the game and launch it.
2. Click “START_SOLO_MINE.”
3. Pay for access by clicking “Access_the_System.”
4. After payment, click “START_SOLO_MINE” again.
5. Mining is now active.
Once mining is activated, users gain access to the “Mine” section, where they can view their mining history, including:
- Block number.
- Mining time.
- Name of the block miner.
By clicking a block number, users can access detailed block information (block_info), transaction hashes (hash), and participant rewards.
Currently, one block contains 600 FOMO tokens, which are distributed among all users in that block. Out of this total, 300 FOMO tokens are earned by the miner who solved the block, while the remaining 300 tokens are distributed proportionally among other miners.
A yellow marker next to the block number indicates that the user received their share of FOMO tokens in that block. The corresponding profit amount is also displayed. Entries without a yellow marker provide information about blocks mined by other participants in the Fomo Hash game.
A total of 1,000,000 blocks are planned in Fomo Hash, with a token supply of 1,000,000,000 FOMO tokens.
Fomo Hash Energy
Energy is the primary resource in Fomo Hash and is consumed each time users earn rewards. Initially, the game provides 7,500 energy units.
When energy levels drop to 2,000 or below, mining slows down, and energy begins to regenerate slowly. To earn more FOMO tokens, users can increase their energy through the “Tasks” section:
- Invite a friend (+1,000 energy).
- Connect a TON wallet (+1,000 energy).
- Subscribe to the Fomo Hash channel (+1,000 energy).
- Follow Fomo Hash on X (formerly Twitter) (+1,000 energy).
Players can also complete daily tasks for additional energy points:
- Boost the Fomo Hash channel (+500 energy).
- Fully restore energy for 100 Telegram Stars.
- Increase maximum energy by 50% for 24 hours for 0.5 TON.
In the "Energy" section, players can purchase a full energy restoration and increase its capacity by 2,000 units for 200 Telegram Stars.
Boosts in Fomo Hash
To speed up mining and increase the chances of mining a block, Fomo Hash offers boosts or “additional cores” in four types:
- Matrix_compute 4 (200 Telegram Stars).
- Matrix_compute 8 (requires 150k Max Energy).
- Matrix_compute 12 (requires 350k Max Energy).
- Matrix_compute 24 (requires 500k Max Energy).
The first boost, “Matrix_compute 4,” can be activated for 200 Telegram Stars. The other cores require specific energy reserves and work in parallel, utilizing the user’s device power.
Swarm Mine and Energy Swarm in Fomo Hash
The “Swarm_Mine” mode allows users to mine FOMO without their own energy by leveraging energy from shared pools contributed by other miners. These pools refresh every 30 minutes.
“Swarm_Mine” provides 30% of the total reward, making it a continuous way to earn tokens without waiting for energy regeneration.
Users can also create their own energy pools in the “Energy Swarm [Beta]” section, providing energy from their balance or purchasing it with Telegram Stars.
Energy Swarm
Users can mine more FOMO by creating their own pools and becoming energy providers for other participants. A pool can be created in the “Energy Swarm [Beta]” section.
Energy can be provided either from the user's personal balance via the “PROVIDE_WITH_ENERGY_BALANCE” option or by purchasing a specific amount of energy with Telegram Stars:
- 100k energy (200 Stars)
- 200k energy (350 Stars)
- 300k energy (500 Stars)
- 800k energy (1000 Stars)
- 2M energy (2500 Stars)
- 5M energy (5000 Stars)
Once all the energy allocated to the pool is consumed, the energy provider can claim their earned FOMO tokens by pressing the “Claim” button.
Fomo Hash Roadmap
In recent updates, Fomo Hash introduced a roadmap outlining future plans. Key milestones include transitioning from PoW to Proof-of-Stake (PoS) and launching a fork (FORK) of the FOMO token at block 200,000. This will introduce a new token, sFOMO, with staking capabilities.
The roadmap also mentions plans for energy staking (energy_stake) and NFT staking (nft_stake). Once all 1,000,000 blocks are mined, Fomo Hash aims to launch its proprietary blockchain, FOMO_CHAIN.
Fomo Hash Listing
Currently, there is no official information about the listing of Fomo Hash. The project is still in its initial coin mining stage. However, since Fomo Hash is managed by the team behind the game BUMS, it is expected that the developers will address this matter. The exchanges where the FOMO token will be listed remain unknown, but it will likely appear on major platforms such as Binance, ByBit, BingX, OKX, Gate.io, and others.
Conclusion
Fomo Hash is an ambitious project offering a unique opportunity to mine tokens directly within Telegram. Its innovative concept, broad functionality, and experienced development team make the game appealing to crypto enthusiasts and anyone eager to earn cryptocurrency.
