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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Feedback -- Computing Token? on: May 12, 2021, 11:03:54 PM
instant reward for their dedication.

Very true. Storj didn't take off compared to Filecoin because Storj takes 15 months for miners to fully realize their earnings. So it's a lot to worry about, someone would definitely need a lot of resources to get a project like this working, and it'd need to be near perfect.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Feedback -- Computing Token? on: May 12, 2021, 12:18:37 AM
share/exchange computing power between them? Do you have a clear vision/architecture on how this can be reached?

It's just an idea so I'm not 100% solid on the architecture yet.

It would probably go something like this:
- Customer uploads a Docker image to a Docker registry
- Customer connects with other online peers to make a deal
- Once a deal is made, tokens on the blockchain are locked (a built-in escrow service)
- The provider begins running the Docker container until the time is up
- If the provider has stayed online this entire time, once the time is up, the token is unlocked, and the customer can flag the host if the provider didn't fulfill the request well (e.g. the provider's servers were much slower than they should be due to temperature throttling)

That's the general gist of my idea. There would be years of development needed to work everything out, but this idea has just been bugging me for a while so I just want some idea feedback Smiley

You're right about the project development board, thanks! Will definitely do in the future Smiley
3  Alternate cryptocurrencies / Altcoin Discussion / Feedback -- Computing Token? on: May 11, 2021, 10:24:30 PM
Hello everyone,

I was wondering, what would you all think about a blockchain to facilitate peer-to-peer computing?

Basically, people ("clients") would buy this computing token, connect with peers ("providers") onto a blockchain, and then make a "deal" for trading X computing power (e.g. AMD Ryzen 5900X or NVIDIA 3090) for Y time via the blockchain with the token as payment.
After, a client would give a review that contributes to the provider's reputation and voila, the exchange has completed. In addition, providers will undergo computations randomly as an audit to receive a reward.

I think people would be attracted to the low prices. And while proof that providers don't look at data is impossible to attain, I think the pricing benefit of perfect competition (whereas today's high-performance computing industry is more like monopolistic competition because services are all slightly differentiated) would lure non-sensitive workloads to this ecosystem.

TLDR a Filecoin but for computing.

What do you all think?

Thanks!
4  Bitcoin / Mining / Re: Best used relatively available mining rig 500$ to 1000$ on: April 14, 2021, 03:56:52 PM
Haha, a $1.50/day profit with a cost of $500-$600 means that that's around a year to get an ROI... By then, the difficulty would have increased, so you would prob not even get a full return on your investment.
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