Ethereum Sniping Bot Using AI

Introduction

• Presentation on creating and running an Ethereum sniping bot.
• Bot utilizes AI (Chat GPT) for passive income generation.
• Monitors blockchain for new tokens and price changes.
• Aims to buy or sell tokens quickly before other traders notice.

Key Features of the Bot

• Efficiency: Acts swiftly on detected opportunities.
• Advantage: Profits from price differences.
• Algorithm: Identifies tokens during listing and significant price movements.
• Ease of Use: No coding knowledge required to set up.

Setting Up the Bot

1. Using Chat GPT:

   • Request Chat GPT to write code for a smart contract.
   • Chat GPT provides optimized code.

2. Accessing Remix:

   • Use Remix (web3 application for developing smart contracts).
   • Ensure MetaMask is installed and connected to Ethereum mainnet.
   • Create a new contract named bot.sol under the contracts folder.
   • Paste Chat GPT's code into bot.sol.

3. Compiling the Contract:

   • Use Solidity version 0.6.0 to match the contract.
   • Compile the contract and check for errors.

4. Deploying the Contract:

   • Go to "Deploy and Run Transactions" tab in Remix.
   • Select "Injected Web3" as the environment.
   • Confirm contract deployment by paying gas fees.
   • Set gas fees to high for faster processing.
   • Wait for transaction confirmation.

Funding the Contract

• Fund the contract with Ethereum for trading.
• More funds allow for larger trades and potential profits.
• Verify funding via Ether scan.

Activating the Bot

• Click "Start" to enable the bot to monitor markets.
• Set gas speed to high and confirm the transaction.

Monitoring Profits

• After 12 hours, the bot generated 1.31 ETH (31% profit).
• After another 12 hours, total earnings were over 1.6 ETH.
• The bot continues until "Withdraw" is clicked.

Withdrawing Profits

• When clicking "Withdraw":
  • Stops trading and returns the total Ethereum (initial plus profit) back to the wallet.
  • A gas fee is charged for the transaction.
  • Confirm withdrawal and check balance in MetaMask.

Conclusion

• Profits can fluctuate; past weeks yielded 3-6 ETH or more.
• Encouragement for sharing results and subscribing for more content.