/biz/ - Business & Finance

[Anonymous No.7269637]

I will never have enough money for a skyminer. Should I take out a loan?

[Anonymous No.7270192]

>>7269637
Yes.

"I think everyone that is in before the 6000th or 10,000th Miner is gonna be baller. "

[Anonymous No.7270243]

>>7269637
>booth babes
how do I short this?

[Anonymous No.7270258]

>>7270192
Yeah dude I just listened to that interview. He did talk for a long while about cats, but other than that I was rock hard all the way through. The only problem is I only have 7.5 sky

[Anonymous No.7270276]

>>7270192
Is one miner still 1 bitcoin?

[Anonymous No.7270318]

I can afford it how do I get one?

[Anonymous No.7270367]

>>7270318
I guess subscribe to this mailing list and wait for them to make more
https://www.skycoin.net/mailing-list/

[Anonymous No.7270374]

for a noob, what is skyminer? is it just another asic?

[Anonymous No.7270788]

>>7270243
Have you ever been to vegas?

>>7270374
its a miniserver for cryptographically routing encrypted data. test version of future distributed internet hardware backbone.

[Anonymous No.7270839]

what the FUCK kinda pis do i need to build one of these bad boys?

raspberry pi 3?
orange pi?
orange pi prime?

anybody have any tutorials for DIY miners?

[Anonymous No.7270858]

>>7270839

https://skywug.net/forum/Forum-Mining

See sticky threads

[Anonymous No.7270909]

>>7270839
>premined
>actually decentralized

[Anonymous No.7270913]

>>7269637
You should always take out loans for useless shit you can't afford that will ultimately be worthless.

[Anonymous No.7271229]

>>7270839
It's a scam. I've searched and they don't provide a guide that allows you to build a fully functional miner.

[Anonymous No.7271287]

>>7271229
https://sites.google.com/view/skycoin-miner-skywire-parts
https://github.com/skycoin/skywire

Is this not complete?

[Anonymous No.7271324]

>>7269637
Is skyminer a new coin? I thought you were talking about some sort of mining setup (videocards) lel

[Anonymous No.7271339]

>>7271229
>DIY
>scam because someone hasn't spent their personal time to make you a complete skyminer-for-dummies guide yet
It's DIY. They released full fucking specs on the official miner, what more do you want?

[Anonymous No.7271357]

Has anyone successfully built one yet?

[Anonymous No.7271358]

>>7271324

[Anonymous No.7271464]

>>7269637
>paying $600 fucking dollarydoos for a couple of rpi ripoffs, a router and some extruded aluminum
people are retarded

[Anonymous No.7271515]

>>7271464
$600? Actually I can buy one then. Give me a link to this amazing deal!

[Anonymous No.7271596]

>>7271287
>no picture book instructions
NOT COMPLETE

[Anonymous No.7271640]

>>7271596
>they don't do it for you, for free
SCAM KEYLOGGER

[Anonymous No.7271644]

>>7271464
build you own then. It comes out to pretty much the same fucking price. Honestly with the price of BTC right now the official skyminer is actually cheaper. Miner is only .055, shipped.

>>7271515
you can't buy one because they are backordered for months. but you can get in line or build your own.
www.skycoin.net/mailing-list/

[Anonymous No.7271651]

>>7271339
Official guide is like 150 words

What will mostly happen is that you order $600 worth of parts and end up with a pos that doesn't work when you try to merge the 8 different raspi together. I can see a million things going wrong.

This isn't diy as a building a computer, this is diy like building your own self driving car with no documentation and a 150 word command line.

[Anonymous No.7271681]

>>7271651
Then you aren't technologically literate enough to run it anyway. You want free money? Work for it.

[Anonymous No.7271728]

>>7271644
Nigga I'm on the mailing list. Where's my email that let's me buy a skyminer for .055?

[Anonymous No.7271730]

>>7271681
My entire point is that they're trading your 1 btc and giving you shitcoins in return like bitconnect.

I haven't seen even one person with a functioning diy with multiple working boards. You'd think with the estimated 50k a month people would be a little motivated.

[Anonymous No.7271753]

wtf is this retarded looking bullshit

[Anonymous No.7271885]

>>7271730
>My entire point is that they're trading your 1 btc and giving you shitcoins in return like bitconnect.
they didnt have an ICO, and need to raise funds for hardware R&D

>I haven't seen even one person with a functioning diy with multiple working boards. You'd think with the estimated 50k a month people would be a little motivated.

facebook com/skycoinproject/posts/434225683658818

[Anonymous No.7271947]

>>7271730
I have seen several. I would be another one, but parts take up to a month to ship here from china. I've received 4 of my 8 packages so far. They're giving you coins below market rate for fucks sake!

>>7271728
I just got my email last weekend and I've been on the list for a long time. This isn't newegg.

[Anonymous No.7271973]

>>7271730
also why would people be motivated to get more people competing against them?

I'm one of the rare people that cares more about the project than the money, so I'm here shilling at you guys. Everybody else is shutting the fuck up and stacking orange pi's.

[Anonymous No.7272023]

>>7271947
Ahh ok. So there's a queue? I haven't been on the list that long.

[Anonymous No.7272030]

>>7269637
Build it yourself faggot

You've got literal months before mining will earn you a cent to learn how to build.

Here's the list of parts from the SKY telegram: https://pastebin.com/cUsqNv2X

[Anonymous No.7272098]

Better off buying actual coins than that bull shit you dumb ass there is literal warehouses full mining

[Anonymous No.7272109]

>>7272023
yeah there's over 2000 people in the queue, and only 600 miners shipping this month. I'm miner 187.

[SAGE No.7272123]

>>7272030

Is 2GB RAM really necesarry? I don't get why you have to use Orange Pi Prime for this. Can't you just use Raspberry Pi 3?

[Anonymous No.7272151]

>>7272030
>https://pastebin.com/cUsqNv2X
Thanks anon. You're alright

[Anonymous No.7272203]

>>7271358
How does 'good technology' actually give you peace of mind when investing in a coin?

Sure, it may have good utility, but does that really matter seeing that its coins that get shilled to the main public and normies that actually moon? (such as bitcoin).

[Anonymous No.7272224]

>>7272123
they commissioned the "prime" version of orange pi specifically for v1 skyminer. 64 bit processor is probably more important than 2gb ram, but 512 gb ram will probably be a bottleneck if you have a decent upload connection. AFAIK nodes have to decrypt the address portion of every packet and reencrypt with the next node. So low ram will cap your throughput. I'm sure it will still be usable though.

[Anonymous No.7272234]

>>7272109
2700+ people from today
>>7272123
I am doing that, will start build next week.
>>7272098
This isn't mining in the sense you are thinking about.

[Anonymous No.7272260]

>>7272224
>64 bit processor
People have posted that the 32 bit raspberry pis do not work with the sky code.

[Anonymous No.7272277]

>>7272203
Its all about the long run man. If you're looking for a quick buck the only thing that matters is where the coin is in the market psychology pattern. But years from now holding the shitcoin of the week is going to be worth literally $0 no matter how many of them you have. LOTS of 2013 era shitcoins are DEAD DEAD.

[Anonymous No.7272288]

>>7272224
Hey do you have any good resources for learning more about hardware in general? Like how do I get to the point where I can understand your post?

[Anonymous No.7272302]

>>7272260
>>7272260
makes sense, I know when I installed go to test skywire on my craptop it required 64 bit.

[Anonymous No.7272321]

>>7270243

kek, my thoughts exactly

[Anonymous No.7272351]

So this shit is like hosting your own tor node except you need a $800/month enterprise connection if you want to remotely earn any sort of money.

Everything is software based and it's only an amount of time until some genius sys admin figures how to run this shit off aws and make off with some big bucks.

The ideal is decentralized internet except the average home isn't outfitted properly and this will eventually go back to centralized already established data centers. Fail.

[Anonymous No.7272385]

>>7272288
wew, lemme think for a minute. I've been an amateur computer nerd for 20 years so I've kinda just picked this all up along the way while spending at least 50% of my time just playing vidya games. Don't play games any more so I'm getting more into the tech side.

Of the top of my head i'd say just google/wikipedia literally everything that you don't understand, recursively. So when the article you're reading contains something else you don't understand, you look that up until you can proceed with the previous article. That's the only think I've ever done (with anything).

That's definitely not a process that works for most people, however.

[Anonymous No.7272403]

>>7272288
This is a good project to start. You will learn more by building a computer than reading. Raspberry pi is dirt cheap.
Start by taking apart an old computer and look at every part, google it, and go read.
Back in the day CompTIA had the A+ certification that went really in depth into hardware.

[Anonymous No.7272406]

>>7272277
Yeah but... what if the market crashes before that investment pays off?

Or if that coin doesn''t get enough back up and then it doesn't moon?

Or if new or better technology than that arrives or gets pushed by institutions before the coin hits a decent price?

[Anonymous No.7272463]

>>7272385
Same here. I think I'm gonna try to learn some random shit that corporations need in order to fake out work experience and studies on my cv and then try to get a sys admin job.

[Anonymous No.7272470]

>>7269637
Miner 1484 reporting in

[Anonymous No.7272509]

>>7272403
Is building a mining rig worth it nowadays considering there are entire factories dedicated to it?

Isn't it better to directly invest into coins or trade them?

[Anonymous No.7272541]

>>7272406
Market "crashes" are temporary my man. You've gotta have an accurate vision of the future because that's what crypto is all about: creating the future. This is the cutting edge right now. People call skycoin a scam because they don't understand it. I've never seen anyone that demonstrates competence not be enthused by it. But even picking a good project doesn't stop you from having to pay attention to competition. Right now Skycoin is the best bet because it is a top competitor in every playing field. Most of which it is unrivaled in. On top of that, it's presently in the sweet spot in terms of market psychology.

[Anonymous No.7272552]

>>7271973
Dude I want to put Sky miners in multiple properties I own on every continent on the planet. I want to satellites into space was Skai miters on them creating it indestructible decentralized internet free from State Control.
I'm a fucking SKY Marine bitch.

[Anonymous No.7272570]

>>7269637
build one, it's just a bunch of orange pis

[Anonymous No.7272581]

>>7272552
>decentralized internet
>requires existing internet

[Anonymous No.7272587]

>>7272463
I'm using what I cashed out last year to fund the rest of my engineering degree. Still don't want to work for anybody else, but the price of crypto has gone up so much I can't accumulate meaningful amounts no matter how many hours a week I wagecuck. I started net losing money while working last year because I couldn't be around to play the swings.

[Anonymous No.7272602]

>>7272509
depends on the market, my miners made me a hell of a lot more money than my investments the last month

[Anonymous No.7272612]

>>7272581
>we can get meaningful amounts of people to magically switch to new physical infrastructure that we're just starting to create.
You've got no vision.

[Anonymous No.7272639]

>>7272509
If i had the capital, no, I wouldn't start a mining farm. Some people do if the roi suits them, and if less people do it there is more to gain, so an economic equilibrium gets reached. Sky is a bit different in that participating in the network is the mining. This is not a hashing based solution like gpu mining ETH.

[Anonymous No.7272672]

I have 75 mbps internet. How much should I expect mining to hurt me?

[Anonymous No.7272695]

>>7272612
Even bitbean has a vision you mong. It doesn't mean that it's good.

[Anonymous No.7272696]

>>7272552
You and me both m8. Rocketry is actually one of my specializations. I've designed (on a team obviously, but I had several innovative contributions) a 10' reuseable rocket in the past and I'm going to project lead on another one next year. If I can't get hired by a company doing something I love, I'll be starting my own.

[Anonymous No.7272698]

>>7272587
that's because you cashed out you retard

[Anonymous No.7272720]

>>7272695
I said YOU have no vision. Meaning you can't see a future that someone else hasn't described to you. I have very limited amounts of time to spend on people like that.

[Anonymous No.7272736]

>>7272541
Is it really in the sweet spot of psychology?

All I see being shilled around (excluding completely obvious pajeet) as a good inversions LINK or VEN.

I'm a total newfag to trading and crypto altogether, but I am lurking every night before sleep and I am planning to do my own research into evrrything.

I don't even have a wallet yet, lel. Also don't really have the money to invest yet, just started wageslaving and will have to wait one full month aftet which I might buy a notebook first and spend my money... Still have to pay rent, food, etc.

Idk if I should risk my money into investing yet, but at the same time I feel like I'm gonna miss out on really good prices with these dips happening.
Will I be fine if I buy in like 2-3 months? Or should I do it now?

Thank you anon.

[Anonymous No.7272805]

>>7272587
I see. Are you working while you study or are you working full time atm?

Maybe I should just buy something promising and hold since I won't be able to be around for the daytrading.

[Anonymous No.7272815]

>>7272720
You are trying way too hard to appear as an intellectual.

[Anonymous No.7272835]

>>7272672
They have plans to scale to 1Gbps and 100 Gbps in the future. But that won't be possible until hardware tech matures a few years.

[Anonymous No.7272890]

>>7272815
I'm not trying. I've been like this since I was ...3 years old.
>>7272805
I waited to go back until I had enough money to finish without having to work a job. All my spare time is for side projects. I'm taking max units this semester so I can do as much extra stuff my last two as possible.

[Anonymous No.7272909]

>>7272835
Fuck does that mean if I set up a miner It'll eat my whole fucking internet?

[Anonymous No.7273022]

>>7272736
>All I see being shilled around (excluding completely obvious pajeet) as a good inversions LINK or VEN.
that's generally the stuff you want to avoid. only use /biz/ for exposure. You can't research what you don't know exists. Learn about cryptography first. Most people in this market don't really grasp the fundamentals so they invest in things that don't actually benefit (or make money) from the tech.

>>7272909
You can assign it a portion. But it can use as much as you are willing to give it. Think of bittorrent.

[Anonymous No.7273054]

>>7272698
Look I'm trying not to just throw insults back at you, but you really must hard a hard time with reading comprehension. That's all I'm gonna say.

[Anonymous No.7273099]

>>7272890
What are you studying, what do you work as?

I am thinking about starting a career, but I'm 25 already and idk if it's worth it to get into debt to finance it.

[Anonymous No.7273171]

>>7273054
>>7273099
Samefag posting under cellular?

This thread is more about this faggots life than skycoin

[Anonymous No.7273254]

>>7273099
I turn 30 in a couple months. Only go to school if you already know how you are going to get ROI. If you study the right things and leverage the university environment to your advantage (networking, letters of recommendation, extracurricular resume padding, etc) it's one of the best investments you can make.

>>7273099
Various engineering. Mechanical, materials, fluids and manufacturing mostly. I also have already completed a minors program in psychology (neuroscience specifically) to round it out.

[Anonymous No.7273285]

>>7273171
because everyone responds with ad hominem rather than any legitimate rhetoric.

[Anonymous No.7273299]

>>7273171
I guess we can just start posting oc now? I got the answer to my question. Apparently 1 skyminer isn't 1 btc anymore, you have to join the mailing list to buy one, and one anon even gave me a nice guide to building my own.

[Anonymous No.7273347]

>>7273254
What does neuroscience have to do with manufacturing and materiales lul.

Also, do you really enjoy studying something like that? What are your side projects about?

Thanks for the life advice mate, I'm pretty depressed as of lately and anxious cause idk what to do with my life.

[Anonymous No.7273365]

>>7273299
The real network isn't even up right? Only the testnet?

Are the batch 1 being delivered? Curious why this isn't getting any coverage.

Ideally I'd like to build my own miner but on the forums it looks like people are still gathering parts.

[Anonymous No.7273479]

>>7273285
Nobody gives a shit about your life you fucking 30 yo

[Anonymous No.7273481]

>>7273347
Nothing (yet). I did it for fun. So yes to your second question, lol. But I think some neuro background will be very helpful within the lifespan of my career. Brain-to-computer interfacing is right around the corner.

>>7273347
the thing that got me out of my depression was learning to love the struggle. That's one of the grim realities of life. Embrace it and you will find--no . . . create--happiness.

>>7273171
I find it amusing that you think I have enough time to type the posts im responding to. I've been pretty much constantly typing the posts of this ID (my cellular is rangebanned BTW) for over an hour now

[Anonymous No.7273492]

Why the fuck are you guys shilling this constantly???? Actually pissed off. More people with skyminer = less money you make. Fucking stupid pajeets.

[Anonymous No.7273533]

>>7273365
Testnet is up, not mainnet. They've delivered the first 500, and the next batch will be 5,500. Idk how many of those have been sold. Probably all of them but hey, I'm on the mailing list. And anon just gave me this https://pastebin.com/cUsqNv2X

[Anonymous No.7273547]

>>7273365
I don't even know if the testnet is up yet. From my email:
>Please refer below for the shipment date of respective batches.
>a) 1st Batch – 50 units - Ships from 1st Feb – 7th Feb
>b) 2nd Batch – 250 sets - Ships from 10th Feb – 28th Feb
>c) 3rd Batch – 300 sets - Ships from 30th March – 30th April
>Priority in the order list was sorted by the order that a customer had signed up on the mailing list.

[Anonymous No.7273569]

>buying the raspberry pi * 9 box
no thanks

[Anonymous No.7273570]

>>7273547
Fuuuuck. I'm not getting one for 2 years am I?

[Anonymous No.7273585]

>>7273481
Sorry, I missphrased my question:
do you enjoy studying an engineering about materials, manufacturing and such?

I know you must've enjoyed the neuroscience.

I'm off to bed now, I work tomorrow, good luck to you, dear anon.

[Anonymous No.7273622]

>>7273492
see
>>7273547
scarcity is already taken care of, lol.

also the money is low on the list of my priorities. I'm sorry, but I'm not sorry.

[Anonymous No.7273656]

>>7273585
I strive to enjoy every challenge placed before me.

Good luck to you as well :)

[Anonymous No.7273697]

>>7269637
Build your own nigga

[Anonymous No.7273732]

>>7273656
>I strive to enjoy every challenge placed before me.
You don't need a cover letter for 4chan nigga

[Anonymous No.7273774]

>>7273622

No it's not you fucktard. People can make their own miners.

>also the money is low on the list of my priorities. I'm sorry, but I'm not sorry.

Literally all Synth talks about is the price and how much money people will make. This project would have 1/100 the level of interest it currently has if it didn't have monetary incentives so sit the fuck down.

[Anonymous No.7273813]

I'm literally convinced that the same person is shilling this from different IP addresses. Or is it the new marketing team that was recently hired? Literally using the same pictures and shit, how desperate and lazy.

[Anonymous No.7273848]

>>7273774
"I'm in it for the technology" are the fakest most insufferable faggots ever.

Mining Sia coin now and it's full of them. I really don't understand why it's so apparently shameful to admit you like money.

[Anonymous No.7273872]

>>7273774
I haven't heard him talk much about the money until this most recent interview. Usually he's making fun of greedy people or naming the jew.

[Anonymous No.7273883]

>>7273813
Don't buy it but look into building a mining rig.

For $20 a coin you have to be a moron to buy this.

[Anonymous No.7273934]

>>7273774
None of that changes how I feel, friendo. You getting angry won't either.

>>7273813
I understand and do not judge your shill paranoia, and I honestly wish I had enough time to be doing it. Also, there's only so much skycoin propaganda in existence man. Last thread I was in I posted almost everything I had, so I'm sure most of the other /biz/lets have it too.

>>7273732
This may seem strange to you, but I was having an actual heartfelt human-to-human interaction for a while there. Judge all you like.

[Anonymous No.7273952]

>>7273848

Far and away the most obnoxious thing looking through any coins subreddit. I don't know who these people think they're kidding when they try to make themselves out to be the people that would still be around if the money wasn't there.

[Anonymous No.7273971]

where can I find a guide to building a skyminer? getting the parts is easy enough.

is it worth it to build more than one if I can afford it? I can afford to drop another 10k or so into shitcoins.

[Anonymous No.7273995]

>>7273848
I know that saying this is going to provoke even more rage from you folks, but I'm gonna do it anyway (or maybe even because):

Money really loses it's emotional significance when you reach a certain level of universal understanding. It also becomes trivial to obtain. So partly I don't care because I care about other things more but mostly I don't care because I don't have to.

[Anonymous No.7274033]

How long until it's possible to even mine? Why are people building their own miners before skywire is even launched and they don't even know the rewards or details of mining? I'm so confused about this coin, and the more I read the more questions I have about the project

[Anonymous No.7274046]

>>7273952
I can speak for myself only, but I could be using the money I have in skycoin to milk fools for so much more money than I'm gonna get off skycoin . . . it's not even funny.

[Anonymous No.7274051]

>>7274033
Couple o months

[Anonymous No.7274054]

i will never have enough ether for gas fees, should i kill myself?

[Anonymous No.7274068]

>>7274033
people mined bitcoin for almost two years before it was worth a dollar.

[Anonymous No.7274071]

>>7274054
You should dump it and begin accumulating coin hours fegit

[Anonymous No.7274093]

>>7273934

If you don't care about the money, why don't you let the tech speak for itself? Why are you constantly shilling this on 4chan? I bet you're already loaded on SKY and want to pump the price up. If you truly cared about only the tech and not the money, you'd know that 90% of the supply is not distributed yet and you'd let the people who are buying now protect themselves from the 400% inflation you greedy kike. You do know that this will reach the top 30 without increasing in price as more Skycoins get released... and consequently will get more attention?

[Anonymous No.7274128]

>>7274068
yes but afaik you can't even mine right now? i don't care about value, only the mining process

[Anonymous No.7274146]

>>7274071
>can't dump it because got not ether to pay gas fees
probably eternal baghodler now

[Anonymous No.7274194]

>>7273995

"Money lost meaning to me because I'm already a rich Jew"

[Anonymous No.7274200]

>>7273995

[Anonymous No.7274223]

>>7273995
Nah people just think you're a fucking retard when they hear that. No rage.

[Anonymous No.7274414]

>>7274093
I'm here helping people actually grasp the tech . . . also the only thing that protects against supply inflation is a growing user base . . . you're thinking greedily that you want more coins for yourself . . . but more coins in fewer peoples' hands means MORE dumping, not less.

>>7274128
You can stake now. Coin hours are how all the rest of the supply will be distributed.

>>7274194
I was dirt poor and an entire year's wages in debt when money lost all meaning to me. I still wear the same old clothes and drive the same car I had back then. Try again.

>>7274223
This plane of existence is so petty it's amusing.

[Anonymous No.7274472]

>>7274414
You're a narc, you know that?

[Anonymous No.7274485]

>>7274472
Lel

[Anonymous No.7274491]

>>7274472
A narcotics agent? That is news to me.