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Re: 🔥[BOUNTY] Steady State | SECURING THE FUTURE OF FINANCE | DeFi insurance
The project is very attractive because the Team is very professional with good back ground of Crypto Industry!This is the major factor that can make this project very successful.
What you're talkin' about?
The project has been postponed since a long time ago
Re: [ANN]⚡SUPERB⚡- Launcher & wallet for web3 games and gamers
The world of Web3 gaming is still relatively new and uncharted territory.......
Hmm,
Separated launcher and wallet? Or are both on the same app? (Wallet with the game's launcher)
Re: [ANN] PileBlocks WEB3 P2E Strategy MG where players collect images from tiles
This game is with us for some time.....
 |  |  |
I will look into it later - as for now, I'm just trying to help you with the images
If you just want to try your hand at the lottery then mine some of the lower difficulty coins and see if you can hit a block.
Did you mean solo mining?
Re: HOWWWW did he manage to raise the hashrate on ethereum by almost 25%
The cost of components in order to make a frame for a mining farm is no more than 6 dollars for me, and 40 minutes of time if you are not in a hurry. Some miners make the rear wooden rail 40x15 from aluminum. It costs a little more, but I don't see the point. My wooden frame does not heat up.
That isn't separated! I mean, the right and left rigs are assembled, that's why I think $15 is fair while I just sit back and watch my guy work
Yep, no heat up! No cooling system yet as these are my first-month rigs when moving to GPUs mining!
Re: HOWWWW did he manage to raise the hashrate on ethereum by almost 25%
I use a 40x15 wooden lath for this place. All video cards are fixed with wood screws and the HDMI port is always open for cable connection. If I'm not mistaken, then you use a 40x40 wooden beam, but it costs more.
That's my old rigs, btw! (RX 480/ R9 290,290X,295 X2)
Yep 40x40 (I think), uses what I have at the drum, except a few small parts! So basically, it almost cost me nothing if I do it myself
, but a friend of mine does it for me, all the small parts I buy plus my friend-friendly cost service, cost me around $15.
Yep, all the ports near to the handle are covered by wooden beams.
That one (ASUS RX 480) is indeed a bit troublesome, dummy output always needed to make it work on the right Hashrate.
Re: HOWWWW did he manage to raise the hashrate on ethereum by almost 25%
Hey, let's give OP a chance!
Next week, when OP gets the "software" on hand, he must be recorded it!
OP, We're waitin' for your video to appear here!
Next week, when OP gets the "software" on hand, he must be recorded it!
OP, We're waitin' for your video to appear here!
The next guy who didn´t read anything. THE MINER HAVE NOT ENOUGH SHARES FOR 17 HOURS OF MINING AND THIS HASHRATE. YOU UNDERSTAND THAT OR SHOULD I TRANSLATE IT FOR THAT YOU TO UNDERSTAND THIS? It is no magic to make an "programe" to inflate the hashrates.
PEOPLE ARE SO STUPID
Chill Dude!
You should know how satire works!
My first gear is 2 AnTMiner S1 (first-gen AnTMiner) in late 2013/early 2014 (iirc), I'm starting GPUs mining with R9 series (290/290X/290 X2) - I know what on the video!
Isn't good and maybe fun to make OP think hard to prove it here?
Re: Is it the right time to invest in cryptocurrencies?
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Risk and return are always comparable, are there any other rules instead? Pooled mining is indeed less risky bc we merge a lot of miners hash rate. Am I right?
Risk and return are always comparable, are there any other rules instead? Pooled mining is indeed less risky bc we merge a lot of miners hash rate. Am I right?
You are right if it's for the general risk profile, but it'll depend on many factors if we talk about individual risk profiles.
In the case of pooled or solo mining, if I'm doing pooled, say I mine ETH, I take hi-risk as 1/4 my rigs are AMD R9 series. What about the DAG size for my 290/290X/295 X2? (my 390/390X might still be useable on this case) even if it's not ETH, what about the power uses? I might only be able to pay all the bills instead of getting some profits, or the worst thing's I need to pay more for the bills. I rather spent more time on POW coins research to get the perfect coin for a solo that'll give me some profits instead. It's still working! trust me! (Altcoins solo miner rules no.1: Don't ever say what coin you mine currently, it'll invite a dozen miners to that coin! bc soon, the network Hashrate will grow)
I just trying to show that risk varies, depending on many factors including who's faces the risk.
I personally chase constant APY. From low risk (5-20%) to high risk (100 - 1xxxx%). Returns from High (currently MidasDao) will be diverted into Low risk (Crypto.com, Celsius, etc.)
Don't get me wrong! I also invest some funds in MidasDAO.
In the past, it wouldn't happen to me as I'm the kind of miner that sold all my mining profits right after coins hit my wallet at the market price, not even trade moreover bag the coins. For the last two years, I'm trying something new, using mining profits to invest (even bets - lol). I adopted my method and effort on coins research to this new thing, such as doing deep research on projects based on many factors, comparing one to others, calculating A to Z, classifying the risk, and so on.
In the case of DAOs/Rebase projects - supply inflation, printing money/tokens (bond sale - rebase), and high APY, are indeed identically to the Ponzi scheme.
But who cares? As long as it's driving us to profits
Oh boy! That's a less precise thought to invest that might lead us to the losses, I mean, we're here in the crypto spaces, the tech spaces, measurable spaces where we can find a dozen variables to measure. Let's say understanding how DAOs project generating high APYs. Bond sales - Rebase - auto Compound are the answer for this. The bond sale is an attractive way to get investors to buy tokens at a "discounted" price, it'll trigger protocol to utilize rebase mechanism to adjust staked tokens to make them equal to outstanding tokens. Since bonders get tokens, s(staked)tokens generated by rebase process will be protocol profits and distributed to Stakers as a reward, auto compound to Stakers' fund.
Then how's this high APY generated?
Rebase mechanism along with multiple compounding periods that happen can explain it!
OHM and forks use general annual return/APY equation with x variable adjusted. Its adjustment tends to increase the variable number as the periodic rate is 3 times a day.
source: https://www.investopedia.com/terms/a/apy.asp
Where:
r= period rate
n= number of compounding periods
r/n example, one year of our deposit interest was 10%, and it was compounded quarterly (4 times a year), it'll translate to r/n value as:
Quote
10%/4 or,
(10/100)/4 or,
0.1/4
This equation is purposed to find a percentage of interest for every compounding period from a total of 10% annually. This r/n equation translated to rebase rate on OHM/forks' APY formula:(10/100)/4 or,
0.1/4
Quote
r/n= rebase rate
= (total supply x reward rate)/total stacked
Same as above, this equation is purposed to find the percentage by which our staked token balance increases on the next epoch (rebase period/around 8 hours)= (total supply x reward rate)/total stacked
"n" (number of compounding periods) shows how many compounding occurs per year. Since compound interest is added periodically on every epoch (rebase period/around 8 hours/3 times a day) value of "n" be tripled (365 x 3 = 1095) - That's how OHM/Fork projects generated high APYs. Let's applied to the formula!
Quote
APY= (1 + r/n)^n - 1
= (1 + (rebase rate)^n - 1
= (1 + (rebase rate)^1095 - 1
Isn't that make sense?= (1 + (rebase rate)^n - 1
= (1 + (rebase rate)^1095 - 1
All these things are protocol mechanisms, we're not talking about conventional things.
What about control of supply and token price?
Hey, there are buyback and burn mechanisms, and also treasury managing related to it.
Let's back to your strategy!
As I said above, I also join MidasDAO as you do. I have standard points to rate and classified any project based on a few things set. Let's say I need to get at least 7-9 from 10 points to decide to invest or not in the researched project, in the case of MidasDAO, this one can also be a reference as a part of measurement factors:
In addition, it's a great way to test new, and maybe more obscure projects with "house money" (Reimagined finance, InsureDAO genesis event etc.)
Strategy seems nice, but as others have stated - more risk, more return and vice versa. I actually did InsureDAO gen event (wish me luck)
Will next look into Reimagined Finance + Cronje is releasing his baby soon! (Excited
)Reimagined Finance is a platform taking out the cumbersome nature of handling DeFi investments that fits investors of all kinds, starter to pro, conservative to risk-taker investors. Reimagined Finance is MidasDAO's official treasury advisor, and it'll make me add 2 or 3 points for MidasDAO on my scoring board.
This is might be good to be a reference, how Reimagined Finance evaluating a MidasDAO: (not as good as mine, of course)
https://reimaginedfi.medium.com/refi-farming-strategy-update-be7e21737469
This is not financial advice for sure! I just want to share my standpoint, I mean, we can't easy to judge whether something's good or not without knowing more about it.
----------ho dup!
More risk more gain or more gain is greed. 
actually, the secret of winning on such platforms is whether you take risks or not. you are absolutely right.
actually, the secret of winning on such platforms is whether you take risks or not. you are absolutely right.There is a rule in all investment materials. Never, ever invest while rising. Investment planning can be done during the decline or while cruising on a horizontal line for at least 3 months.
Ok, I'm with you!
Re: HOWWWW did he manage to raise the hashrate on ethereum by almost 25%
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haaa he answered me))) does not rush with answers at all.
haaa he answered me))) does not rush with answers at all.
Ok you didn´t read anything from here. XD have fun
Hey, let's give OP a chance!
Next week, when OP gets the "software" on hand, he must be recorded it!
OP, We're waitin' for your video to appear here!
Re: HOWWWW did he manage to raise the hashrate on ethereum by almost 25%
if this is trolling, then why is he doing this? in the second video, his miner works for about 2 hours
ok you're one of those guys who believes everything on the internet. Why he is doing this?.....Or maybe this guy is the same person as the guy who made the video? ha ha ha -just kidding-
Re: HOWWWW did he manage to raise the hashrate on ethereum by almost 25%
Lemme help!
So he probably recorded a few seconds without errors...
Yep make sense! More like a glitch!.....if this is trolling, then why is he doing this? in the second video, his miner works for about 2 hours
I'm not sayin' he's trolling people! - I'm not sure what's this guy purposed to!
I thought you have the answer already as you contacted him directly on Telegram
I'm just sayin', this glitch thing reminds me of what also happened to me with my rigs! then I used it to troll my mining group (closed group)
Hey, miners also need to do fun things!
Re: HOWWWW did he manage to raise the hashrate on ethereum by almost 25%
So he probably recorded a few seconds without errors...
Yep make sense! More like a glitch! (above vid) Have you been watching his 2nd vid? a bit longer
This reminds me! Sometimes I take a screenshot of such conditions and use it to troll friends of mine on my local mining group. - Just for fun, of course!
For example I modded my straps incorrectly and my RX 470 which hashed at 30mhs was showing as 60mhs. The issue is that every share that it found was incorrect or it got massive hardware errors.
This often happens to my R9 295 X2
Re: Is it the right time to invest in cryptocurrencies?
I personally chase constant APY. From low risk (5-20%) to high risk (100 - 1xxxx%). Returns from High (currently MidasDao) will be diverted into Low risk (Crypto.com, Celsius, etc.)
Sometimes percent of "APY" isn't always reflecting the risk level. I'm not saying 100-1xxxx% APYs safer than 5-20%. I mean, in the context of how you understand technically about rebasing tokens that apply elasticity on the supply of their tokens can produce high APY (since you mention rebase project) (IMHO).
I'm also not tryin' to compare the risk of a rebasing project with other "low risk" projects. I'm just tryin' to say that risk depends on many factors.
To me, it's not too different with risk on solo and pooled mining. - Which one do you think is riskier?
You have a pretty good strategy! ngl
Re: Easiest Altcoin to Mine with least Electricity advice
Pretty interesting!
I've read a few references about Helium, added it to my watchlist, and let's see how it will grow.
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I'm very interested in HNT mining. They only problem is. There are no hotspots near me. Only 1 at 10km away. And the delivery times are going nuts. I don't want to buy something and get it delivered in 3 or 4 months. Maybe the crypro is crashing by that time.
How you know delivery is 3-4 months for what device?
One of the popular miners (Bobcat) takes 12-24 weeks for shipping.
Taken from Bobcatminer's order page:
Quote
1. Only send USDC on the ERC20 network
2. Deposit of wrong tokens, addresses, or networks cannot be recovered.
3. Instruction on how to pay with Coinbase and Binance.
4. Estimated shipping time is 12-20 weeks from order date.
5. We cannot ship to a PO Box.
6. If you are new to Coinbase you MUST complete a KYC verification prior to starting your order. IF you complete the KYC during the order process it can lead to a delay in your payment. This can timeout the transaction and you will not receive an order confirmation.
2. Deposit of wrong tokens, addresses, or networks cannot be recovered.
3. Instruction on how to pay with Coinbase and Binance.
4. Estimated shipping time is 12-20 weeks from order date.
5. We cannot ship to a PO Box.
6. If you are new to Coinbase you MUST complete a KYC verification prior to starting your order. IF you complete the KYC during the order process it can lead to a delay in your payment. This can timeout the transaction and you will not receive an order confirmation.
But yeah, the upfront and operational cost is lower than GPUs rig(s) or ASICs.
Re: Steady State is a fresh breeze in the insurance section - Thoughts?
..........
They've allocated a hefty prize of $212 USDC for the winner, btw!
They've allocated a hefty prize of $212 USDC for the winner, btw!
Plus
Kunker will chip in 15k KR to the champion!
https://twitter.com/krunkerio/status/1459593101853564933?s=20
Re: Steady State is a fresh breeze in the insurance section - Thoughts?
How to participate in a gaming competition?
Hey,
Check out all the info here:
https://steadystatedefi.medium.com/special-steady-state-contest-lets-get-krunk-d-26f0746af405
They've allocated a hefty prize of $212 USDC for the winner, btw!
Steady State is a fresh breeze in the insurance section - Thoughts?
SECURING THE FUTURE OF FINANCE
Steady State is on a mission to strengthen DeFi through a revolutionary, data-driven insurance product governed by smart contracts - Taken from the Steady State's subReddit page.
Sounds cool!
DeFi has become a strong magnet that has invited tons of new investors to dive into the crypto space in the last two years.
As per today DefiLlama's data, DeFi TVL reached $262.7b - So impressive!
Source: https://defillama.com
A double-edged sword!
There's always a hole for negativity to exist around positivity. A significant increment in the number of funds and adopters also invite dozen "bad" actors to join the hype. As per The Block data (last updated on Nov 2, 2021) shows funds stolen by DeFi attackers reached $681.14m (happened around 2020 to 2021)
Source: https://www.theblockcrypto.com/data/decentralized-finance/exploits
Let me talk first about my thoughts!
Related to my intro: Exploited DeFi projects
The most crucial thing when some protocol/platform gets exploited is how to recover the lost funds as soon as possible and make sure the process goes smoothly.
Time to file an insurance claim!
As far as I know (Or I might need more references), most of the existing DeFi insurer uses community vote/validation to decide the claim is accepted or denied. The problems that might be faced by using this method are taking more time to get an outcome, potentially raisings conflict of interest on involved group or individual, and might tend subjectively. Steady State offers a different method on the claims process - Steady State automizes the claims process that'll integrate with smart contracts to make it quicker, objective, and reduce inefficiencies (Sounds like fit to the spirit of blockchain). Isn't that what DeFi needs?
Other Steady State features are also good to discuss - Steady State's coverage pools that potentially solve the liquidity problem faced by DeFi insurance, Off-Chain data analysis & objective risk scoring that will optimize insurance policies, and so on.
Your turn!
You can find all the information related to Steady State here:
Additional info!
Steady State Ambassador Program
You can check all the info and how to apply here: https://bitcointalk.org/index.php?topic=5369783.msg58378359#msg58378359
Steady State Gaming Competition
Gaming competition commencing on - 14.11.2021 8 PM UTC
You'll face me on the battlefield. So, make sure to train hard!
Hey, don't be surprised!
Yes, this DeFi Insurance hosts a game competition for its community. I told ya, Steady State aims to be the insurer that understands what DeFi needs, and what we need as well. LMFAO
Thoughts?
Disclaimer: I'm purely part of their community that feels interested in this project - not involved in a project as a team member
Steady State is on a mission to strengthen DeFi through a revolutionary, data-driven insurance product governed by smart contracts - Taken from the Steady State's subReddit page.
Sounds cool!
DeFi has become a strong magnet that has invited tons of new investors to dive into the crypto space in the last two years.
As per today DefiLlama's data, DeFi TVL reached $262.7b - So impressive!
Source: https://defillama.com
A double-edged sword!
There's always a hole for negativity to exist around positivity. A significant increment in the number of funds and adopters also invite dozen "bad" actors to join the hype. As per The Block data (last updated on Nov 2, 2021) shows funds stolen by DeFi attackers reached $681.14m (happened around 2020 to 2021)
Source: https://www.theblockcrypto.com/data/decentralized-finance/exploits
Let me talk first about my thoughts!
Related to my intro: Exploited DeFi projects
The most crucial thing when some protocol/platform gets exploited is how to recover the lost funds as soon as possible and make sure the process goes smoothly.
Time to file an insurance claim!
As far as I know (Or I might need more references), most of the existing DeFi insurer uses community vote/validation to decide the claim is accepted or denied. The problems that might be faced by using this method are taking more time to get an outcome, potentially raisings conflict of interest on involved group or individual, and might tend subjectively. Steady State offers a different method on the claims process - Steady State automizes the claims process that'll integrate with smart contracts to make it quicker, objective, and reduce inefficiencies (Sounds like fit to the spirit of blockchain). Isn't that what DeFi needs?
Other Steady State features are also good to discuss - Steady State's coverage pools that potentially solve the liquidity problem faced by DeFi insurance, Off-Chain data analysis & objective risk scoring that will optimize insurance policies, and so on.
Your turn!
You can find all the information related to Steady State here:
Additional info!
Steady State Ambassador Program
You can check all the info and how to apply here: https://bitcointalk.org/index.php?topic=5369783.msg58378359#msg58378359
Steady State Gaming Competition
Gaming competition commencing on - 14.11.2021 8 PM UTC
You'll face me on the battlefield. So, make sure to train hard!
 |  |
Hey, don't be surprised!
Yes, this DeFi Insurance hosts a game competition for its community. I told ya, Steady State aims to be the insurer that understands what DeFi needs, and what we need as well. LMFAO
Thoughts?
Disclaimer: I'm purely part of their community that feels interested in this project - not involved in a project as a team member
Re: 🔥[BOUNTY] Steady State | SECURING THE FUTURE OF FINANCE | DeFi insurance
Any chance for under 17?
No answer yet for this question, but they'll check with the legal team!
https://t.me/SteadyStateDeFi/15197
As long as you meet all the requirements, age is not a big deal. Using parent identity and being honest to the project might works. But I'm not sure they have the same view as me.
Pretty good idea!
Re: 🔥[BOUNTY] Steady State | SECURING THE FUTURE OF FINANCE | DeFi insurance
Are you still in need of an ambassador? I've already filled out the Google form.
Yep!
Just wait! They'll contact you if you're the chosen one.
For more info: https://t.me/SteadyStateDeFi
##PROOF OF AUTHENTICATION##
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Yeah Cloud Mining was the worst.
Yep! 90.12345% SCAM....LMAO
...... Bitcoin is $60k now so mining profits hash rate should easily cover cloud mining costs nowadays correct?
Not that simple, as I mentioned above:
...... Let's say you got the coin to mine at low mining cost, has a pretty good price, but tons of miners mine the same coin as you.
Check this graph!
Bitcoin Network Hashrate VS. Price:
Source: https://stats.buybitcoinworldwide.com/hashrate-vs-price/
Network Difficulty:
Source: https://www.blockchain.com/charts/difficulty
Let's make some simple illustrations! (Actual calculations aren't like this) - To make it easy, let's use simple numbers, ignore diff!
Yesterday Bitcoin price: $10
Yesterday Bitcoin Network Hashrate: 10 Th/s
There're 10 miners, you have 1 Th/s, and the rest also have the same as yours.
Today Bitcoin price: $50
(With Bitcoin's price increasing to $50, more miners join)
Today Bitcoin Network Hashrate: 50 Th/s
There're 50 miners, you have 1 Th/s, and the rest also have the same as yours.
Let's calculate your chance!
Yesterday: 1/10 * $10: $1
Today: 1/50 * $50: $1
See?
Unless this "cloud mining" has tons of hash power and does solo mining. They "might have" a better chance!