Zionodes is buyign used hardware!!

Marketplace – We are Buying Used Hardware!

We at Zionodes are acquiring 500 units of used hardware, the slots will be closed by 14 Dec.

Find the details below and submit your offer for us to purchase as per the following requirement:

Condition: only used hardware
Models: Whatsminer/Avalon/Bitmain
Hashrate: 50-80 TH
Locations: Europe, Russia, Kazakhstan
Timeline: until 14 Dec

How to submit the offer?
Please subscribe to our announcement channel (below) and find the google form link for submission – we will reach out to you shortly! 

Selling Miner Form: https://forms.gle/t8n4GhtkoPM8UAeJA

Announcement Channel: https://t.me/OfficialZionodesAnnouncements

Bitcoin Mining for
Everyone, Anywhere 🌎

We are back with the second episode of Inside Crypto Today Magazine -

We discuss Crypto and 🍎

https://www.youtube.com/watch?v=x9674RCpStA

Learn how Tap Global $XTP is becoming the simplest Crypto to Fiat prepaid Mastercard in existence

https://blockmanity.com/review/tap-global-review-the-leader-in-mastercard-prepaid-crypto-cards/

Tap Global lets users convert their crypto into some of the most used fiat currencies: USD, Euro, Pound Sterling, and AUD(coming soon.)

Read more -
https://www.coinspeaker.com/tap-global-big-crypto-payment-card/

Confused on what to invest in during the COVID19 crisis. The founder of Indra Crypto Capital breaks down in a simplified way how to best protect your finances and position yourself.

https://medium.com/@cryptohayek/covid-19-and-your-financial-well-being-346dc20dc64f

[The background]

Hey Everyone,

Hope you’re all having a swimmin’ 2020 so far. Fellow GPU miner here, and was hoping to gather the GPU miner community’s support on a new initiative we’re launching. If you’re not a big fan of long posts, scroll straight down to the cliffnotes section below.

We just recently launched an Orchestrator on Livepeer. Here’s our announcement link. For those unfamiliar with Livepeer, here is a quick primer .

The background


Essentially Livepeer is a decentralized blockchain-based video transcoding network. People that wish to have their Videos transcoded in exchange for a payment, submit them to the network, which then goes out to a set of Orchestrators who then hand off that work to Transcoders. The Orchestrators coordinate the work and the Transcoders do the heavy lifting (typically GPU intensive work).

Until the last release the Orchestrator and the Transcoder role was played by the same process. The recent streamflow release has now split the role of the Orchestrator and the Transcoder and also allowed upto 100 Orchestrators (up from 25) to be part of the active transcoding set. How are these Orchestrators chosen? Based on the amount of Livepeer token that has been staked to them (either self staked or from delegators).

What this means is that GPU miners can now earn an additional income stream by running orchestrators on the network, taking advantage of Dual Mining + Video transcoding (The chips in graphic cards that process video encoding are different from the chips used for mining, making this possible): More on this here .

While the strides made are quite fantastic (we are huge fans of the Livepeer team), there are logical next steps to continue to improve the system.

The problems


a. Not everyone can run an orchestrator. Although there are open slots right now for people to join the top 100 quite easily, there is an investment of time and DevOps effort to run an Orchestrator, understand how to operate it and keep uptime and SLAs

b. Assuming one can overcome the above easily, the next problem is financial. Right now the top 100 is open to join (only 30+ are really filled) but this will change as more transcoding work and thus ETH fees come onto the network. This will mean only the top 100 in terms of owned or staked LPT will be active.
To give you an idea of how the barriers to entry could get high, it used to be 80K LPT owned or delegated to you (About $120K in USD), to be #25 on the list. Although the barriers will not be quite high with 100 slots, it could get significantly difficult for smaller operators to participate.

c. An orchestrator can pair up with GPU miners, but the infrastructure is early stage with no automatic payouts, blacklisting for poor or malicious performance or weighting the work given to a GPU miner by the stake they have delegated. This is not ideal and begs for a solution similar to how Mining and Staking pools evolved, allowing many small miners / holders to collectively pool their resources towards a common goal.

The Solution: Enter the Transcoding pool


It’s in answer to the last question, that we’re kicking off a campaign to fund and build a Transcoding pool for Livepeer.

We’re not raising funds either via the traditional methods or through the IEO/ICO/STO method for this project, but from you, the community, for offering a delegator service to you. More on that below.

Our ask of the community


Please delegate any Livepeer you own to our transcoder: . 0xCdFC898128DBC380A60895c6E8C0975Dc07D07E0

Our campaign page link .

How to buy LPT, How to delegate: https://www.yieldwallet.io/livepeer

We take a 25% cut of all inflationary rewards from newly minted LPT and a 50% cut of transcoding fees (Note that these fees are subject to change, up or down, as market prices become more apparent. We will definitely keep an open line of communication and explain every change we make). The 25% reward cut is on the higher side, but about half of what the Livepeer grants transcoder charges, given similar goals.

We will use the funds we receive to build a transcoding pool, which when completed, should be able to provide significant additional revenue for GPU miners who point to our transcoding pool to receive transcoding work. We anticipate our cut of the inflationary rewards and the transcoding fees dropping significantly once the project is live as we do not need the additional revenue for funding development anymore or if we manage to secure funding in the form of a Livepeer Grant. Here is the thread we’re kicking off which we hope distills and formalizes into a grant request in the coming weeks.

If you’re bullish about the whole space and Livepeer in general, do consider acquiring some LPT token (it’s trading at about $1.50 now) and delegating to us, earning rewards (22% yield + a share in our transcoding revenues) and helping to fund a project that will benefit you down the line. Note: This is not investment advice. Your situation may vary. Please be careful and DYOR. The standard disclaimers.

More on our thoughts about this type of ‘fund raising’ here:  https://medium.com/indracryptocapital/staking-or-voting-patronage-as-crypto-seed-funding-cd4b41e70565

What’s in it for you long term


In addition to being a part of the effort to help us build a transcoding pool that you get to participate in to earn Transcoder fees, miners that delegate to us will get preferential access to our transcoder pool for a few months as we open it up to the public in a phased manner.

The order in which Miners will be onboarded to our system will be determined by how early they delegate to us + the size of their stake.

What’s in it for you NOW


As supporters of our campaign, you do not need to wait until we’ve completed the Transcoding pool software and made it publicly available.

In the interim:

a. Earn 75% of the block rewards from LPT inflation, proportional to your stake.

b. Earn 50% of the rewards (proportional to your stake) from transcoding, paid out in ETH

c. We have the option of hooking our Orchestrator with transcoders. We will be rotating our transcoder connections with members that delegate to us. More details on this will be forthcoming.

Participation rules


In order to participate in this effort and avail of the benefits in the short and long term described above, please follow these simple steps.

a. Delegate to us (minimum delegation: 100 LPT)

b. Register yourself on yieldwallet.io  

c. Send an email to contact@yieldwallet.io with subject line: LPT Delegation. Body of the email should contain: yieldwallet registered email, delegation amount, delegation date and ETH address from where the LPT was delegated.

Who are we?

We are a geographically distributed team of highly passionate and qualified Entrepreneurs, Product managers, Marketers, Engineers, DevOps and Customer support personnel headquartered in India.

Our founding team has decades of experience building and running highly scalable and available distributed systems in the Payments, Financial products and Networking space for companies like Cisco, Paypal and Bloomberg. The team is also experienced with running reliable nodes for coins such as Horizen and DASH as well as staking to currencies like Livepeer, Decred, Tezos and Cosmos.

We understand the Engineering. We get the DevOps. We love Blockchain technology and are staunch supporters of the philosophy and the economics behind Bitcoin and other Cryptocurrencies.

We’ve been through the ups and downs of the markets, but never lost our conviction on the space. Now, we’re here to BUIDL and enable the next bull market to begin by laying the foundation and the technology that will drive this revolution forward.

Cliff Notes


a. We are a Livepeer orchestrator.

b. We’d like to create an option for small GPU miners to participate in Video transcoding to earn revenue in addition to Mining.

c. We need to build a transcoding pool for that. We are a team of world-class engineers and definitely have the inhouse chops to build this.

d. We are raising money by asking that you just delegate your Livepeer token to us and enable us to earn rewards that we can use towards the development effort.

e. Please follow the participation rules described above to be eligible for all benefits.

f. Once completed you will have the option of running transcoders on our Transcoding pool and earning additional rewards.

g. We take care of all the logistics of running the Orchestrator as well as maintaining the investments needed to keep us in the active set.

h. All said, a much lesser ask we believe, than asking you to invest in us or raising funds through a token sale. We hope the community sees it that way.

[Earning rewards as a Decred Hodler — The basics]

After weeks of preparation, testing and trial-and-error along with heapfuls of crucial assistance from the Decred developer community (special shout out to Joe Gruff on chat.decred.org , Thank you Joe if you’re reading!), we’re proud to announce the launch of the YieldWallet.io Decred staking pool. As described in our Decred 101 post , Decred is a hybrid proof-of-work and proof-of-stake system, which means a combination of Miners and Validators secure the Decred network.

We got our start with Proof-of-work, having mined (still going strong) Decred using Antminer DR5 miners for a little over a year.

The YieldWallet team then decided to do a deep dive and get involved with the Proof-of-stake aspect of the Cryptocurrency as well.

Earning rewards as a Decred Hodler — The basics

Decred holders get to buy tickets, which are currently going for 125–140 DCR each. Unfortunately, this means that you generally need to have atleast 125 DCR (Approx. 2800 USD currently) to participate in the Proof-of-stake rewards (with the exception of Split tickets and our plans to help alleviate this situation. More on that below).

Once a ticket has been included in a block it is considered immature for 256 blocks (approximately 20 hours). After that, the ticket enters the lottery pool where it waits to be chosen. A ticket has a 50% chance of being chosen in 28 days and a 99.5% chance of being chosen before ticket expiry (about 120 days).

Once chosen, the staker participates in validating a block and receives back the price of the ticket + a reward for participating. There is a 0.5% chance the ticket expires without participating, in which case the price of the ticket with no rewards is returned to the participants.

The way participants buy tickets is either through solo-staking (setting up a staking pool privately just for their use), or through a staking pool, which is where we come in. Staking pools provide the infrastructure for holders to buy tickets and more important participate when called upon to, and earn the rewards.

If the Staking pool is not online when a ticket is called upon, the rewards are lost. This is why uptime and missed tickets stats are key in choosing a Staking pool provider. We’ve written on this and other aspects of Staking pool choice below.

Staking pool Architecture

At the risk of offending very detail-oriented technical folks we’re just going to explain how a staking pool is setup, at a 30,000 Ft level. The Decred staking pool setup consists of what you could call voting stack(s) and a front-end (website).

A voting stack consists of 3 primary processes

a. dcrd, the Decred Daemon,

b. dcrwallet, the command line DCR wallet software and

c. stakepoold, the software responsible for buying tickets and for participating when called upon.

This part of the setup needs to be reliable and highly available to ensure tickets are not missed.

The staking pool front-end is a website where users can register themselves, receive an API key (which they will use to buy a ticket with the Staking pool), monitor the current status of their tickets and get overall stats on the staking pool itself. The overall uptime of the website itself, while a barometer of convenience will not impact the voting and delivery of rewards should there be intermittent issues.

Our staking pool setup

The YieldWallet.io setup includes 4 machines: 3 machines running our Voting stacks (stakepoold, dcrwallet, dcrd ) and 1 machine running our website front-end (decred.yieldwallet.io).

Each of these machines are in different geographies: Mumbai (India), Singapore, Virginia (US) and California (US) for added redundancy, should one geo region go offline.

How to choose a staking pool


The full list of staking pools can be found here: https://decred.org/vsp

So, how does one go about choosing a staking pool, assuming that there is no other information about specific providers that may have other plans to contribute to the Decred ecosystem.

Some of the key metrics are

- Decentralization: As noted on the page itself, it’s generally desired that no staking pool owns more than 5% of the staked DCR (measured by proportion on the VSP list page). Any more than 5% means that one of the pillars of Decred (or any Cryptocurrency for that matter), it’s decentralization, isn’t where it should be. The degree of the problem of course depends on the specific numbers.

- Missed / Missed %: It’s of particular interest to staking ticket holders to know what their staking pool’s performance has been with regards to showing up and participating when called upon. This is directly related to the rewards and the ROI from Staking.

- Fees: Do the staking pools charge a reasonable fee given the level of service and uptime that they provide and/or their contribution to the Decred ecosystem. Given the current distribution, it appears that anywhere in the 2–3% range seems like the right number combined with an uptime performance of close to 0% misses on voting, for the pool in question.

Note also that too small a fee brings sustainability into question. Is your staking pool going to be around if it’s unprofitable. Any tickets you’ve purchased through them remain stuck until you are able to redeem them or until they expire, in the case of an untimely shutdown of the pool. Not an ideal situation, so choose wisely.

- Age: How long has your Staking pool been around. This is an important indicator as well. Is your Staking pool ‘ Lindy’ to borrow a term popularized by Author Nassim Taleb. On this front, YieldWallet.io doesn’t fare the best being the newest entrant into the Staking pool list. This will get better with the passage of time (and no other way unfortunately!)

Why Yieldwallet.io?


Why should you stake your Decred with Yieldwallet? Other than allocating tickets to us in the interest of Decentralization (we are the newest and smallest pool out there) the other reasons are

a. Although, it’s very early days, one can look at how we’re doing on other Cryptocurrency staking pools where we’ve been around longer. We’re #2 measured by a number of criteria including uptime and performance on the unsponsored list of bakers on www.tezos-nodes.com, for instance.

b. We plan to put out more educational material similar to some of the content in this post and our Decred 101 article, aimed at all technical levels. We really care about educating people about this highly under-rated (in our opinion) Cryptocurrency.

c. We’re building a Cryptocurrency Exchange that will not only feature Decred trading pairs against other Major Cryptocurrencies, but also DCR/INR (Indian rupee) pairs. We plan to also provide 24/7 market making liquidity for the Fiat/DCR pair.

d. We wish to help smaller DCR holders participate in the Proof-of-stake system. More on that in the next section.
Any fees we earn from our staking pool will be used for funding one of the projects described above.

Yieldwallet.io plans for Decred — A Cloud Wallet

Currently, as described above, one needs 125–140 DCR to participate in Proof-of-staking voting and rewards. This leaves a large number of Decred holders out of the process of securing the networks and earning rewards. Buying an ASIC miner to participate in Proof-of-work mining is not an inexpensive endeavor either.

So what is one to do? The Decred team recently introduced the concept of Ticket splitting. Using the Decrediton wallet and Ticket splitting software, as the name suggests anyone with a minimum of 5 DCR (112 USD currently) can join a ticket splitting session. These “sessions” are either private or public, and the public ones can be located in various telegram groups or in the #ticketsplitting:decred.org channel on Matrix. Once the amount needed to purchase a ticket is filled for a session the process of purchasing the ticket begins, and rewards are distributed back to participants in the proportion that they contributed.

While this is a big improvement over being left out in the cold from earning DCR, there needs to be a more convenient, less technical (for the average user) way to participate. YieldWallet.io is designing what we’re dubbing the “Decred Cloud Wallet’’, a way for users with any amount of DCR to participate in the staking process.

It will be a custodial solution (you wont have control of our DCR while it’s being staked), with ownership and risk characteristics similar to any Decred exchange out there. We’re currently in beta and conducting user focus groups as we want to get this just right. It will be a far more convenient way to participate, albeit with the custodial aspect. Every DCR holder will at least have a choice to participate if they choose when we release the wallet.

Stake to YieldWallet.io


So, you’ve decided to stake through us. How does one stake using the YieldWallet.io Decred staking pool? Assuming you meet the DCR ownership requirements outlined above (for now), you can head on over the decred.yieldwallet.io and register yourself. We’ve put together a handy guide on how to stake your DCR to us as well as how to buy DCR, along with some other handy tools here .

Connect with us

Join our communities and participate in the ongoing discussion.
Twitter , Facebook , Telegram , Email , Medium , Linkedin


Please leave your comments and questions about Indra Crypto Capital , YieldWallet , Decred or anything else you’d like to talk about and we will be sure to get back to you.

From Cardano's third generation technological capaibilities in the Crypto world to its interesting usecase for BMW and other industries - it sure has created quite a buzz. YieldWallet helps you understand the basics of Cardano in an invaluable article titled 'Cardano 101'

https://medium.com/indracryptocapital/cardano-ada-101-611a38b6ed0f

Read below to know more about an interesting Cryptocurrency Device which will be available soon-


https://medium.com/@Alphatoken/alpha-zeus-a-unique-crypto-device-to-hit-the-market-in-2020-3905ea057b45

0% fees on our Tezos baking. Sounds good right? Think again, Think Long term. Check out this article on why the long term health of the Tezos ecosystem is at stake.

https://medium.com/indracryptocapital/tezos-delegation-services-0-fees-booster-aprs-and-the-threat-of-baker-cartelization-df8e3d9a6629

[0% Fees till 31 March 2020]

Baker delegation address: tz1Q8QkSBS63ZQnH3fBTiAMPes9R666Rn6Sc


We’re pleased to announce that YieldWallet’s Tezos (XTZ) baker has just started accepting delegations having gone through a multi-week testing period. Tezos is one of the important blockchains that YieldWallet is committed to supporting, with our world-class Engineering, Customer support and 24/7 DevOps team.

0% Fees till 31 March 2020

That’s right! YieldWallet’s Tezos Baking service is offering 0% fees till 31st March 2020, increasing to 8% thereafter. We pay out every cycle.

Why Tezos?

For those not familiar with Tezos seeking a plain english, easy to understand explanation, look no further than the Tezos 101 piece that we posted last week. We’re particularly excited about Tezos for its unique experiment with on-chain governance and attempt to solve the problem of contentious hard forks that have caused problems in the past with the Bitcoin and Ethereum communities.

With it’s legal troubles seemingly behind it, we’re also looking forward to the Tezos Foundation deploying its considerable war chest to developing and upgrading the capabilities of the network. The best times are ahead of us.

Read more about Tezos’ Babylon upgrade here.

Who are we? Why delegate to YieldWallet.io?

We are geographically distributed team of highly passionate and qualified Entrepreneurs, Product managers, Marketers, Engineers, DevOps and Customer support personnel headquartered in India.

Our founding team has decades of experience building and running highly scalable and available distributed systems in the Payments, Financial products and Networking space for companies like Cisco, Paypal and Bloomberg. The team is also experienced with running reliable nodes for coins such as Horizen and DASH as well as staking to currencies like Livepeer, Decred, Tezos and Cosmos.

We understand the Engineering. We get the DevOps. We love Blockchain technology and are staunch supporters of the philosophy and the economics behind Bitcoin and other Cryptocurrencies.

We’ve been through the ups and downs of the markets, but never lost our conviction on the space. Now, we’re here to BUIDL and enable the next bull market to begin by laying the foundation and the technology that will drive this revolution forward.

YieldWallet is one of the key products that we are building under the rubric of our parent company, Indra Crypto Capital. We believe having a suite of related Cryptocurrency products gives us the ability to vertically and horizontally integrate them and support the ecosystem in more ways than one.

We pledge to bring the same level of availability, uptime and service levels that the community expects from its delegates. Additionally, YieldWallet will back the Tezos’ ecosystem by contributing a portion of our Baking rewards back to the development and growth of the network, in the form of tools development, educational resources and perhaps even grants to fund deserving projects.

Our delegation address is tz1Q8QkSBS63ZQnH3fBTiAMPes9R666Rn6Sc

We would really appreciate your support by delegating your hard earned XTZ to us.

How to buy and delegate XTZ?

Our team at YieldWallet has been proactive in putting together resources to help people not only understand Tezos, but participate in the delegation process. We’ve created guides on how to buy XTZ and how to delegate. Delegation instructions are available for the Galleon, Kukai and Tezbox wallets. As always, reach out to us on our Telegram channel with any questions you might have.

Connect with us

Join our communities and participate in the ongoing discussion.

Twitter, Facebook, Telegram, Email, Medium, LinkedIn

Please leave your comments and questions about Indra Crypto Capital, YieldWallet, Tezos or anything else you’d like to talk about and we will be sure to get back to you.

InsideCrypto.today has always felt that India's Crypto community have the brains to make Blockchain and Crypto move into mass adoption. Check out our feature article on India's First Tezos Baker and how Indra Crypto Capital is taking Cryptos in India to a whole other level.
 
https://insidecrypto.today/yieldwallets-tezos-xtz-baker-now-accepting-delegations

It's not Christmas till we bake some XTZ. Here's to Wishing everyone a Merry Tezzie Christmas and a Happy Tezzie New Year with YieldWallet's 0% fee on Tezos baking till March 31st 2020 (8% after).

Delegate to - tz1Q8QkSBS63ZQnH3fBTiAMPes9R666Rn6Sc

 Visit - https://medium.com/@teamindracrypto/yieldwallet-io-tezos-baker-now-accepting-delegations-cd1e6ecd8650

Featured on India's very own Blockmanity - The 'Great Cryptocurrency Indian Survey' has got people talking and the cryptosphere humming. Take the survey now and make your voice heard.

https://blockmanity.com/news/feature/survey-of-the-state-of-the-indian-crypto-market/

Cryptoiscoming has picked up on this super popular survey by Indra Crypto Capital that's making the rounds. Take the survey now if you have not already.


https://cryptoiscoming.com/the-great-indian-cryptocurrency-survey-t...

EOS Vs Ethereum: An eternal debate. However a sentence in this two-part series made me realize why we may all be winners in the coming Cryptoverse!  ‘I can buy a bit of an Iranian oil well, a smidgeon of Columbian coffee estate and a piece of a Himalayan tourist spot in a fully tokenized world.’

Part 1 - https://medium.com/indracryptocapital/eos-vs-ethereum-the-tale-of-2-cryptocurrencies-part-i-bb7a568727b5

Part 2 - https://medium.com/indracryptocapital/eos-vs-ethereum-the-tale-of-2-cryptocurrencies-part-ii-a9a65da2f207

In their own words- "Decred is an open and progressive cryptocurrency with a system of community-based governance integrated into its blockchain." This article by Yieldwallet sums all of this up perfectly.

https://medium.com/@teamindracrypto/decred-dcr-101-43ace94d16ca

Golden opportunity for India to lead the way as we sunset the current monetary system.

Great read-
https://medium.com/indracryptocapital/crypto-and-the-global-south-a-fork-in-the-road-for-india-917404af2a36

There are so many coins for entertainment?

However is TRX - TRON the best at it?

TRX could bring about mass adoption.