96 SKY FOR BUYING YOUR SKYSCAM MINER LOOOOOOOOOOOOL
$500 BACK FOR 1 BTC
Strong cope to all idiots who bought this
96 SKY FOR BUYING YOUR SKYSCAM MINER LOOOOOOOOOOOOL
$500 BACK FOR 1 BTC
Strong cope to all idiots who bought this
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Fuck, that's ~$2,000 at pre-crash prices.
Even at the current prices you're already about breaking even on the cost of the $600 miner.
Damn that's dogshit. How long is testnet? I guess these were set with a future price in mind.
How the fuck do they determine that return? What do the miners even do then? Also why would an official skycoin miner make more than a DIY miner? This is a joke
Ohhh fuck I get it now...
Promise high returns, pump the price, and get a flood of people to pay 1 BTC for a skyminer that will "pay you at least $20 per skycoin you earn!!!"
Receive all of the orders and Bitcoins, fake kidnapping and sell off a fuckton of Skycoin to people fomoing, tanking the price.
Now have Bitcoin from shitty scammy Skycoin miner AND selling off your scam coin.
Very well thought out scam
That's the value they determined of providing your hardware for the testnet.
The miners work as a VPN in the first phase and will work as an independent meshnet in the next phases, along with running a variety of network applications. This isn't proof of work or proof of stake, it's being paid to sell your bandwidth.
The official miners are more special since they're purchased by early backers that want to support the project. They also use exact hardware that's supported. DIY miners vary can can have under or overpowered hardware.
It's not a joke, we've got 5,500 nodes online around the world.
People that bought official miners received a rebate of 1BTC in SKY, minus the $600 that the miner costs.
Meaning that even at the dip price we have now, official miners are getting ~$600 in SKY, breaking them even on hardware cost.
>worldwide meshnet
>5500 nodes around the world
Gonna need 1,000,000x that bro
Definitely, 5,500 isn't bad for the first month of a test though.
Eh not really, I’d be so worried if I were you. Why don’t they setup up more nodes? They have millions of dollars right? Could buy up land and setup some larger nodes. 5500 is not even close to enough for a small city
The philosophy of the project is not to be a centralized service. Whatever money they do have is for initial investments over the next several years, like funding custom-made hardware.
Testnet will run through the rest of this year and they're focused on Obelisk. Once those are finalized and the mainnet is launched heavier adoption will be pushed.
The nodes doesn't need to be connected to each other to work, they can reroute through the "normal" internet, but in the future they hopefully won't have to, also buying nodes doesn't have help, people need to set them up themselves and run them so that there are nodes at different places to connect to, you can't just place them all in 1 factory and think you're going to create a wide mesh net. Do some research instead of trying to spread fud
It can still be decentralized with centralized hardware as long as the network is software defined though right?
Im not spreading fud man I’m asking legit questions. If it runs through the internet why not just buy a gateway or router though? Aren’t those much faster? I guess I don’t really get the point of this
The point is that ISPs suck, they are centralized and can throttle your traffic or sensor data, they can see what you do and sell that information to the highest bidder. This encrypts your traffic and in the future it will make you your own ISP so that you don't need to rely on a centralized one.
Watch this
youtu.be
Not really, if one organization owned 75% of nodes, it'd be pretty easy for them to manipulate market prices for bandwidth and other factors. millions of people with miners keeps things pretty segmented.
Wait, so I can set up some fucking raspberry pi and get 6 SKY back per month? Thats good ROI Tbqh
Yup but you need to get whitelisted, and the best DIY Skyminers are picked first so your raspberry pi might fall short and you'll end up not getting whitelisted. Later on when anyone can set up a node without being whitelisted you'll be paid depending on the amount of bandwidth you forward so once again, better hardware and in an area where there are a lot of people would bet you more income, but also only if people connect to your node and not someone elses
Ass. Ive got some vacation coming up, am based in western europe. Whats the chance of getting whitelisted with a shitty 2 or 4 board DIY rig?
>need to get "whitelisted" by a cult in order to participate in their decentralized internet experiment.
Kek.
This is just for June though right
Gonna need sauce on this
I have an official batch 1 miner and I havent received this email
I guess I just don’t understand how you can build a worldwide internet without massive towers. Idk I haven’t really read into sky, maybe they’re producing state of the art antennas
So much for "obscene rewards" and becoming a millionaire. Synth is a pathological liar and sociopath. Whoever fell for this deserved it.
It looks like a big silly chink scam. But if I can pay off the miner cost in like 2 months IDGAF
Pick something closer to the original hardware if you're going to do it from scratch.
But yes, testnet is likely to the end of the year. I have four DIY nodes, so I'm probably looking at 168 sky EOY. At current prices that's $1000 for keeping something plugged in. At pre-kidnapping crash prices that's $3600
can i make super cheap miner? like 2 orange pi
Wifi backbone tech is more advanced than most people realize.
For about $3000 in equipment, I can become the ISP for a rural mountain town that I live near that has about 7000 people. They only have access to shitty overpriced satellite internet.
Yeah, there's something like $34 on Alibaba. Orange Pi Prime is what they use in the official miners. Not much difference in price but it's pretty powerful compared to a standard Raspberry Pi.
Don't skimp on SD card sizes either, they plan on storing files on these, so match the spec or exceed it.
I don't think an Open WRT router is required for testnet, but plan to get it anyway. They're fairly cheap.
Eat a dick OP. I built a 4 node miner with some spare boards I had around the house and am pretty happy to be getting 24 SKY at extremely depressed prices for an essentially $0 investment. Honestly will probably scale up to 8 nodes now because the barriers to entry are so unbelievably low
Orange Pi Win Plus is almost the same performance wise but costs $26
Also, where are the fudders saying we would get paid in coinhours?
How can people complain when the ROI is almost fulfilled already?
Nice. I was wondering about those.
Note that you will not be able to use the official images, but if it should be easy for you to install Ubuntu and follow the steps from the official instructions. As a funny comment, people using the Primes and official images usually have more problems (disconnections) than the ones using other Opi models. And depending on your conditions at home I suggest some form of air flow.
I keep mine in a little Ikea greenhouse.
Can confirm ease of Ubuntu setup though.
The thing with the airflow is that, once actual benchmarking is calculated for the monthly profit, some people will discover that thermal throttle is eating their earnings. At least I see you have dissipators, something I don't recall the official miners having.
Got my email for DIY miner.
My friend who submitted an application 2 days later didn’t.
bretty good deal if u consider BTC will be 100$ by next Jan
Yeah, I'll probably toss a loose USB fan in there at some point.
I'm betting we're in for some recommended hardware revisions over the next year, so I'm waiting before I throw money at a serious setup. I kind of want to do a tiny immersion tank even though it's not cost effective at all.