/biz/ - Business & Finance

>>10508104
So, if I get a Skyminer I'll receive rewards and after a while the rewards will stop and get my money from sharing the internet?
>I am interested newbie

hei newfag
get informed before doing anything

https://medium.com/skycoin/skywire-testnet-rewards-for-whitelisted-nodes-11e4c1a8a55c

>>10508131
partially yes. it's a bit more complex than that but long story short, u could sell bandwidth AND storage in return for skycoin AND skyhours, always double trouble with sky lol

>>10508104
this could be a good on the side hustle, especially if you re in a large urban area where there is rising interest for Internet alternatives

>>10508104
Do you have any stats on numbers of nodes, payouts etc?

i know most of u biz/4chan ppl are into decentralization I have just one concern: if users get in control of the new internet, is it safer? humans are the same in any other case, how can we trust their nodes or their activity?

>>10508224
Even in rural areas it's appealing. I have family in Colorado and once you get further out in the Rockies, internet is both shitty and expensive. All it takes is a few thousand in antenna equipment and a small chain of node operators can provide internet for a mountain town of 10,000.

>>10508229
ofc everything I said is backed up by numbers
first rule: keep the Skyminer s uptime at 75%
before this u need to get whitelisted, to get whitelisted u need to built the diy (8 nodes recommend). And fast, because first come, first served is a principle.

when everything I said above it's completed, u ll get 6sky/node, meaning max 48sky/8nodes unit

>>10508189
You have a DIY or an official Skyminer?

Recently I read an article about Skyminers, and for the DIY some of the users had such a great design. I was very impressed

>>10508319
the 3rd update on the testnet presents the DIY miner models. you can build them by yourself or buy them from the makers

>>10508229
there are 7064 nodes as we speak and the queue is about 9,322 pers long for the official one. as u can tell getting the official is more complicated but it's worth it. It's automatically whitelisted, so it's a sure income, plus u get the value of your paid btc back and the reward is 96sky/month

>>10508237
At the core of Skycoin ecosystem is the consensus mechanism called Obelisk - this fact should not allow to take control. The goal of descentralization is to get rid of control, and the role of Skyminer hardware devices and Wifi antennas is to create free and open mesh network.
Internet is free, descentralized, net neutrality and makes individuals their own ISP.

>>10508229
Most recent payout:
https://explorer.skycoin.net/app/transaction/205fc340007bd1c14192bb58ae448fb369158112392ead7e3969b62dc4016c55

>>10508237
Oh shut up, dont tell me u prefer to have your data sold to $$ makers and normiee? skycoin has moved the democratic system on blockchain, no node can act suspicious without the other nodes agreeing so and decide upon it
>>skydemos
>>skykratia

what do I need to get started? anyone got paid already?

>>10508189
very interesting, it just make me want to get involved more and more
first I was a bit skeptical, wasn't sure what is about exactly, but seeing the enthusiasm of Skyminer users change my mind

obsessed with puzzles. loved to build the diy, every piece of it and skyfolks are wonderful. i feel like i m part of something bigger than me and that brings me comfort

>>10508104
It's why I think SKY is much more interesting than most other Crypto's, it has real value in it's infrastructure. It's also why short term speculation is rubbish, it needs a longer term perspective.

>>10508364
>https://explorer.skycoin.net/app/transaction/205fc340007bd1c14192bb58ae448fb369158112392ead7e3969b62dc4016c55
Excuse the stupid question, but this payout is for getting whitelisted, right? Or is it already a monthly thing?

>>10508425
>what do I need to get started
You need patience. This is all still in testing, so the process of ordering a miner or building one and getting it whitelisted is a slow one.

But yeah, I got June rewards just fine. July should be paid soon.

>>10508545
Not a stupid question at all. That's just whitelisted people. They have to make sure nobody's gaming the system and it's more popular than they expected, so there's a decent waiting list.

They'll get an auto whitelisting tool made soon, that should take the edge off.

Here's the full list of stipulations: https://github.com/skycoin/skywire/blob/master/testnet_rules.md

>>10508566
Thanks

>>10508104
Is this legit op? Can you confirm the rewards?

>>10508545
Whitelist queue is like 2 months long

>>10509172
No, he’s not. These are the same shills for the past month since sky shit itself. You’re diy may never get listed. Try and find any factual reports or credible info on Skycoin. You can’t. Only what synth and his cult want you to see.

>>10510485
>you're
Thank you ranjesh

>>10508104
Coinhours are practically guaranteed to have value because they are so fucking useful. It is obvious that their scarcity has solved transaction spam effortlessly, but less obvious what they can accomplish as a component of a more complex economic system. Coinhours are inflationary, while Skycoins are deflationary. Everyone on /biz/ must be familiar with the reluctance to use a deflationary coin as a medium of exchange in a bull market. Paradoxically, a bull market will not continue without growth. In order to sustain growth during a bull market, the medium of exchange must be deflationary. Enter Coinhours, a separate currency that is generated by Skycoin, one per hour, for every Skycoin held. Once established as a medium of exchange for bandwidth on the Skywire network, Coinhours will undergo continuous price discovery, and become useable in a multitude of different ways. Coinhours will be able to flow effortless into the dapp economy spurring development and user engagement. Coinhours will be collateralized to facilitate trading of various instruments such as off-chain Bitcoin certificates and USD tethers.

>>10510695
>...medium of exchange must be *inflationary
>...will be able to flow *effortlessly
>having to correct my own grammatical errors.
Where is the paid FUD come on you fucks come try and argue with me ffs.

>>10510695

Thanks for the fucking whitepaper you autist.

>>10510695
big facts.

>>10508425
>>10509172
its legit, my DIY miner was in the first group whitelisted, i received june rewards and expect july rewards to be issued shortly

>>10511895
As soon as you bring up a legitimate argument these fags vanish. They return in the next thread with the same dumb fud like 'why would you need a miner when it's premined' or 'LOL you paid 1 btc for a few pi's'

>>10510485
Thiiis the CEO was in israel moving guns and coke around with investor funds and then he was seen in a castle in Rome in some kind of eyes wide shut shit

>>10512415
This analysis is not included in the whitepaper you ignoramus.
>>10512504
legit story tho, what are u an xrp bagholder? looking forward to bill's speech?
>thinking your ever going to get a taste of the dark meat lul.

>>10512899

this shit is literally in the whitepaper, he just inserted cursing and "biz" to post it here. Couldn't even carry over the formatting. This is how unprofessional the CEO is. A real CEO wouldn't write this tripe.

>Coinhours are practically guaranteed to have value because they are so useful. It is obvious that their scarcity will solve transaction spam effortlessly, but it is less obvious what they can accomplish as a component of a more complex economic system.

>Coinhours are inflationary, while Skycoins are deflationary.

>Economists are familiar with the reluctance to use a deflationary coin as a medium of exchange in a bull market. Paradoxically, a bull market will not continue without growth. In order to sustain growth during a bull market, the medium of exchange must be deflationary.

>Enter Coinhours, a separate currency that is generated by Skycoin, one per hour, for every Skycoin held. Once established as a medium of exchange for bandwidth on the Skywire network;
>Coinhours will undergo continuous price discovery, and become useable in a multitude of different ways.
>Coinhours will be able to flow effortless into the dApp economy spurring development and user engagement.
>Coinhours will be collateralized to facilitate trading of various instruments such as off-chain Bitcoin certificates and USD tethers.

>>10508104
Synth here, I can't exit scam until I sell these. I was hoping I could dump enough BTC & SKY when I faked being kidnapped but we are still in the hole. Please help.

>>10508104
wow that is awesome OP.. please, help me out, i m in great need. I would like to earn with the SKYminer also

>>10512994
>CEO
https://www.cnbc.com/2018/05/31/ceos-on-whether-cryptocurrencies-will-be-mainstream-in-2019.html
>(You)
Synth doesn't have time to sit around on 4chan making fun of idiots like you.
>in the whitepaper
https://downloads.skycoin.net/whitepapers/Skycoin-Whitepaper-v1.0.pdf
>>10513007
Try DARPing next time.

>>10513300
>LIFE AIN'T EASY FOR A BOY NAMED SUE

what the fuck is this trash article anon

>>10513930
what the FUCK is that thing

>>10513930
reddit tier source to counter reddit tier FUD. The article is pretty clear about whether Synth is a CEO or a founder.

>>10508104
can confirm, have 2 Official Skyminers, rewards have been paid in full. this is way more comfy than I imagined

>>10513179
>>10514889
protip, use Skywire vpn to change your ip address before posting contradicting larps rajneesh.

>>10508104
I bought heavily at 24$ and never sold.. Can i die now plox

>>10515623
Enjoy your cult, retard. Don't worry I'm sure the'll make a real big "announcement" this week just like they did with Binance, lol, string you retards along a little further. I bet you won't even sell until $2 HAHAHAHA

>>10515982
Thanks im gonna go hang myself.. I went all in. Not like anyone cares anyways

>>10515982
Why you gotta be so mean to anon bro, you're projecting your insecurities so hard
>>10516041
Dont worry bro most altcoins dropped like 80% or some shit so it didnt really matter what you held, if you thought sky was gonna do well when you bought why would your opinion suddenly change when the price is low? Better times will come, especially for sky I can guarantee you that

>>10508104
Also have an official miner, waiting for July rewards but don't have any doubt they'll be paid.

>>10515982
Hohoho don't let those true colors show you fucking misanthrope. Remember, you're supposed to be in here protecting the vulnerable investors from the big bad Skycoin project.
>>10516041
Price means dick all. Skycoin will not quit development, and the tech is great. Therefore price will go back up again unless we have a global catastrophe, whereupon your crypto portfolio will be the last thing on your mind anyway.

wouldn't you fags just download cp through my ISP and get me vanned?

>>10517190
This is why the exit nodes should be operated by corporate entities instead of private persons. It is intended that Skywire transitions fully to this type of arrangement, but much depends on the action of the participating communities. Keep in mind, it is legal in most jurisdictions to operate a TOR exit node, this would be no different. In the meantime, there are some temporary solutions to consider. Join the discussion on the Skywug forum.
https://skywug.net/forum/index.php

>>10517190
>Running a residential exit node in 2018
Exit nodes will probably be owned by companies and located at colos. Whatever system is settled on it won't involve you running an exit node from your house.