# ORE Weekly Mining Volume Nears $12 Million as Miner Count Reaches Highest Since June

By Simon Yoon

Canonical URL: https://www.tokenpost.com/news/technology/46912
Published: 2026-11-02T20:58:28.000Z
Updated: 2026-11-02T20:58:28.000Z
Section: Technology

> October mining volume totaled about $45 million, while the protocol generated $4.24 million in fees over a trailing 30-day period as of early November.

ORE recorded nearly $12 million in weekly mining volume, its highest weekly figure since February, as active miners reached their highest level since June. The figures pair a dollar-volume high with the strongest miner count in months on Solana.

October mining volume totaled about $45 million, the protocol’s highest monthly amount in nine months. ORE Protocol generated $4.24 million in fees over a trailing 30-day period as of early November.

Mining fees go toward ORE buybacks and burns, and a portion of protocol revenue is allocated to native stakers.

Mining is structured as a grid game on Solana, with play divided into rounds. Each round distributes 1.2 ORE: 1 ORE goes to the winning tile, while 0.2 ORE is added to the Motherlode lottery pool. The Motherlode gathers those allotments as a separate prize pool.

ORE’s maximum supply is 3 million tokens. The current tile-based format dates to the v3 grid launch in late 2025.