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1  Alternate cryptocurrencies / Altcoin Discussion / Re: How lucky am I to find Evernode? on: June 17, 2024, 05:22:18 PM
Indeed I would be interested to hear other's opinions as well. I see that the EVRs are held inside the Evernode Heartbeat Hook and distributed as rewards to Hosts in 10 Epochs. I like holding BTC because of its halving schedule and I'm curious about other assets that share the halving mechanism for distribution. And yeah, if the network grows and more dApps start using Evernode, the demand for node instances should increase, potentially driving up the value of EVR.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: How lucky am I to find Evernode? on: June 15, 2024, 05:16:04 PM
I don't run a node, but I want to use evr to rent nodes for Monero mining. I see there are lots of instances available for cheap. I'm not sure if it works yet but I will tell you when I know
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Mining Evernodes on: May 06, 2024, 09:35:45 PM
Thank you for helping to point me in the right direction. With a closer look at the links you've shared and the Evernode website it seems like you don't mine it, but you get rewarded for hosting servers for it instead.
https://evernode.org/hosts/

It looks like 51,609,600 Evers are awarded to Hosts in 10 Epochs, shared equally between all eligible Hosts where each Epoch the hourly rewards halve and the duration doubles. On its schedule it will take roughly 118 years to distribute all Evers tokens to Hosts. Could it be worth setting up a host perhaps? It seems like the halvings are similar to btc halvings as well. Thanks again for your input.
4  Alternate cryptocurrencies / Altcoin Discussion / Mining Evernodes on: May 06, 2024, 06:36:50 PM
Do you guys think it's still sustainable to mine evernodes?

5  Bitcoin / Mining software (miners) / Re: Mining Question on: April 02, 2024, 07:07:43 PM
No, mining Bitcoin should be only works on ASIC units even if you have 2000VPS you can't mine Bitcoin because it requires ASIC.
Maybe you can mine other coins with your VPS but not for Bitcoin.

The link you provided looks like a cloud mining site and it mines different coins I never heard of this website before are you trying to promote it here?

Okay, that makes sense. I have no desire to promote the link just curious. Thank you for your input
6  Bitcoin / Mining software (miners) / Mining Question on: April 01, 2024, 10:27:54 PM
I want to try to use Evernode to mine, does anyone know of a coin that I could mine via Evernode Hosts? Would BTC work? I'm seeing here that I could currently lease about 2000 vps's for less than $1 per month. Any input on how I could get this to work would be appreciated https://xahau.xrplwin.com/evernode
7  Bitcoin / Mining speculation / Re: Using Evernode To Mine BTC on: April 01, 2024, 09:57:33 PM
I'm curious if this CPU power from Evernode could potentially be harnessed for Bitcoin mining. Is it a viable option?

Imho it's not. CPU mining, even with strong CPUs, will not provide a meaningful hash rate. For Bitcoin you need ASICs.
However, with some luck you might find altcoins that can still be mined on CPU (and for that you have to ask in Altcoins area).
Just keep in mind that most probably you'll be breaking some rules/ToS/whatever if you do this.

The interesting part is that there are 8000 available vps's so a high hash rate may not be necessary considering how many there are. Thanks for letting me know about the rules and for your insight
8  Bitcoin / Mining speculation / Using Evernode To Mine BTC on: April 01, 2024, 07:52:25 PM
Hi everyone,

I'm venturing into the mining realm and could use some insight from folks who know more about it than I do.

Based on my calculations it's un-profitable to use a VPS due to a low hash rate and the cost of the CPU, but I'm curious if anyone is making it work.

In my search to find cheap CPU I've come across Evernode, where some hosts offer high-spec machines for a cheap price. Many hosts have 32 cores, with lease rates as low as 0.000001 EVR / hour. 1 EVR currently costs about $0.40

Can see some of these available leases here: https://xahau.xrplwin.com/evernode

I'm curious if this CPU power from Evernode could potentially be harnessed for Bitcoin mining. Is it a viable option? Has anyone experimented with a similar approach in the past? This may be too far-fetched but I'm genuinely curious to explore new possibilities to get an edge in the mining world. Looking forward to anyone's input or perspectives.

Thank you
9  Other / Off-topic / Re: Time is more important than money on: November 16, 2023, 11:05:12 PM
Well said, time is the true currency of life and investing it wisely is the key to unlocking success. Just like a professional athlete, anyone seeking expertise must dedicate time to skill development. Especially in crypto today, videos and podcasts can be invaluable mentors. I believe there is a saying, 'Show me your friends, and I'll show you your future.' Surround yourself with positivity, invest in knowledge, and success will inevitably knock on your door. I believe the real richness is in the wealth of skills and experiences you accumulate over time. It's not about having time; it's about making time for what truly matters!

I was recently inspired by a crypto podcast discussing the secrets of success while juggling multiple roles — which I see also as a testament to the incredible value of time over money. It involves Zenobia Godschalk of The Hedera Governing Council who I have admired for some time.

https://www.citizencosmos.space/zenobiagodschalk

Anyways, thanks for your post and cheers to making time more important than money
10  Economy / Economics / Bitcoin & Cryptocurrencies: Pioneers of Freedom Amidst Financial Crisis on: October 18, 2023, 12:49:38 PM
Amidst a looming financial crisis, the concept of "the anarchy of freedom" challenges restrictive societal protocols. Traditional systems in politics and finance often limit choices, resembling a form of modern slavery. In my view, cryptocurrencies, led by Bitcoin, provide a decentralized and liberating communication protocol, offering genuine freedom and empowering individuals to shape their destinies.

As trust in traditional financial systems wanes, blockchain-based cryptocurrencies emerge as a viable alternative, underpinned by principles of decentralization, transparency, and immutability. Privacy, a fundamental human right, is at the core of this transformation, solidifying the potential of cryptocurrencies to reshape our financial landscape.

Recently, I enjoyed listening to deeper insights into this transformational shift on this podcast episode with José Maria Macedo of Delphi Labs. At (41:00) he explores the collision of the legacy system with the rise of crypto adoption. Worth a listen!

https://www.citizencosmos.space/josemacedo
11  Bitcoin / Bitcoin Discussion / New Decentralized Use Cases For BTC on: October 03, 2023, 03:49:45 PM
Alexei Zamyatin, the Co-Founder of Interlay, discusses on the Citizen Cosmos Podcast about a modular, programmable layer between Bitcoin and the multi-chain ecosystem that unlocks novel decentralized use cases for BTC. Interlay utilizes an already operational, decentralized bridge to connect Bitcoin with a lending protocol and AMM decentralized exchange, enabling Bitcoin holders to access basic financial services without relying on centralized exchanges.

A progressive conversation that is worth a listen for anyone curious about future use cases for BTC.

https://www.youtube.com/watch?v=anK4shpKDKY
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