What makes a skyminer profitable?

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you get Skycoin for keeping it running

Very profitable for the devs, a complete scam for who buys it

Is it worth the hassle of building a DIY. How quickly are they getting whitelisted and are we going to get whitelisted in testnet?

Biggest crypto scam since bittconnect. Explain why you need a miner for a 100%pre-mined coin? I wonder who is selling these miracle machines????

well that obviously
go on, can you prove it?
I'm curious as well to find out more, I thought buying a miner would probably since you would get white listed earlier

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lol why in the fuck do you even care about what other people do with their money?

>inb4 he's a shill, goy

yes yes, I know

Are the miners for sale? If so how much?

I don't need to, it will prove it self in time when skycoin exit scams like confido. At that point you will remember me

you get paid in Skycoin for being an ISP for VPN

hold Skycoin = get Skyhours

use Skyhours to browse the Skywire (decentralized internet)

I can't wait to get mine.

they are for sale but there's a huge waitlist, though the parts list is public and you can make one yourself for ~500 dollars. They are working on their own boards though so unless you're technical it may make sense to wait for their next package

Miracle machines, kek
no one will remember u m8. You just admit it that you are talking out of your ass

Are the 8 nodes required. Can you point me at a list? Thanks.

pls sir, can you do all of the work for me so I can make free moneys?

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I’ve been interested in this as well but very wary. Skyminers do not give you Skycoins, they “will reward” with Skyhours. Not sure how that works. I’ve seen multiple threads of people turning on the Skyminer and asking now what.

Also if you hold 1 Skycoin in the wallet you will generate 1 Skyhour every hour. So for anyone holding substantial Skycoins they obviously have massive amounts of hours.

The coin is 100% pre mined, the miners just reward you with skycoin from the devs for basically running their VPN network. It's not real mining like traditional concensus algorithms like btc. But it 'mines', by rewarding you with coins that already exist. It honestly is very scammy, tread carefully

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Right, I’ve seen nothing saying you get Skycoin for setting up the miner.

The only value I see is in holding Skycoin in the wallet to get Skyhours. And hoping for the project to not be bullshit.

You need to do more research.

What's "scammy" about getting rewarded in Skycoins for helping to run the decentralized network?

Doesn't Substratum Network do this for free utilizing your existing browser? I may be wrong but I am pretty sure Substratum Network plans on using the existing Internet that is currently in every first world fucking home on the planet. I mean Skycoin sounds cool and all but replacing the existing internet might be problematic and take some time correct? Substratum is about to go live in days and Skycoin has a fucking twenty year plan.

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You earn Skycoins for running a Skyminer. Skyminers provide computing power, networking capability, and storage capacity necessary for the Skywire network to function properly. Skyminers act as specialized VPNs and nodes on the mesh network that allows users to essentially become their own ISP. The Skycoins earned by mining will then also earn Skyhours, which is the currency used to pay for services on the network. Skycoin holders will have very strong hands because there is no need to sell Skycoins to use services. Just hold the Skycoins to generate more Skyhours.

Skycoin is being developed by the original Bitcoin devs. It is literally the next Bitcoin+Ethereum+Internet rolled into one. It pretty much makes every other crypto obsolete. The lead dev expects Skycoin to hit $800 this year. It's still very cheap right now because it's only available on shit exchanges like Craptopia.

>Substratum Network plans on using the existing Internet
That's the problem - with SUB you're still at the mercy of centralized ISPs which can be monitored, subpoenaed or switched off by governments. And they charge a fortune for bandwidth. If Skycoin achieves its goals (which are admittedly highly ambitious) then we'll have a free decentralized Internet that the government can never shut down.

Hundreds of Skyminers have already been shipped and thousands more have been ordered (huge waiting list, I'm in the first few thousand now waiting). So it's not a 20-year plan, this thing is going to be up and running very soon.

Also, people say Skyminers are expensive because they cost 1BTC. But in reality they are being given away for free. Yes, you pay 1BTC but you get the Skyminer plus the equivalent BTC value in Skycoin, which you could then sell if you want (probably for a big profit as the price keeps rising).

screen cap this, by this time next year we will be buying the 400$ skycoin dip

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10 mill skycoin are going back to a miner buy-back program. the offical miners' (not sure about DIY) coin hours will be bought back in skycoin by the team

>muh premined coins
Good! p.o.w has an assfuck load of problems. 65% of mining comes out of china, some pools accumulate over 25 to 30 of the hash power of bitcoin, at its peak. Pre-mined means less energy so gamer cucks can stop whining about their gpus.

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>get "miner" in the mail
>set it up
>doesn't even broadcast a signal beyond your wifi router and even if it did, literally nobody will use it
>future of the internet

I just think the team has been very unclear about who will get whitelisted.

And why would the devs buy Skyhours? If the they are sitting on millions of coins they would have millions of Skyhours generated every hour of every day. Do some math

brainlet alert

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this is fucking stupid

So how far does the miner broadcast its signal?