[ANN] TIERION [TNT]Token Sale Starts on 27 July

[Magic32]

Looks like not so profitable buy a node.

1250 rewards once in a 3 month, this is about 417TNT per month.
1TNT~$0,22 now, so it will be  ~$92 per month ->x12=$1100 per year.
But you should have 5000TNT always on a wallet ~5000x0,22=$1100.
So, only after 1 full year(!) you will begin make profit.
Also I didn't calculate hosting price here. This is additional ~$10-20 per month.

p.s. Another problem it's too much nodes for rewards - 4000 nodes online now and will be 5000 in near future and more... Rewards in a lotto system, so more nodes, less chances to get a reward.

[1714841263]

1714841263

[1714841263]

1714841263

[buttonmc]

Looks like not so profitable buy a node.

1250 rewards once in a 3 month, this is about 417TNT per month.
1TNT~$0,22 now, so it will be  ~$92 per month ->x12=$1100 per year.
But you should have 5000TNT always on a wallet ~5000x0,22=$1100.
So, only after 1 full year(!) you will begin make profit.
Also I didn't calculate hosting price here. This is additional ~$10-20 per month.

p.s. Another problem it's too much nodes for rewards - 4000 nodes online now and will be 5000 in near future and more... Rewards in a lotto system, so more nodes, less chances to get a reward.

This is a pretty poor assessment on profitability. When you hold 5000 TNT to operate a node, you don't lose your principal balance... it is just held there while operating the node. Node profitability is a factor of many things, including the price of TNT, the number of nodes on the network (dictating win probability), and the size of the reward. Assuming the price doesn't change, at $0.22 you are making (on average) that ~$92 a month with your only overhead being the $5-10 / month hosting cost. 

You are basically doubling your investment in one year... not finally turning a profit. Your main liability is the price of TNT while you hold to operate a node over the long term, but the current effective yearly interest rate (paid in TNT) buffers these fluctuations (currently ~87% (@ 4k nodes and 1000 TNT reward / 30 min, same for 5k nodes and 1250 TNT reward / 30 min)). At those returns, if the TNT price gets cut in half over the next year, you will break even. If it stays the same, you will double up. If it increases 10 fold, you will be up 20x.

That being said, the team has stated they are planning to open up registration completely in the future and eventually deliver more consistent rewards (moving away from lotto style). No date on these modifications, so we can only go on the node statistics currently available.  IMO though, node operation is a long term game which requires patience. If you're the type of person that is constantly hawking prices and swing trading around, I would't recommend operating a node... but history in crypto has shown the most profitable investment method is to literally do nothing for longer than anyone else. Find a solid project, invest, then stick your head in the sand for 2 years.

[eastwind_ja]

Looks like not so profitable buy a node.

1250 rewards once in a 3 month, this is about 417TNT per month.
1TNT~$0,22 now, so it will be  ~$92 per month ->x12=$1100 per year.
But you should have 5000TNT always on a wallet ~5000x0,22=$1100.
So, only after 1 full year(!) you will begin make profit.
Also I didn't calculate hosting price here. This is additional ~$10-20 per month.

p.s. Another problem it's too much nodes for rewards - 4000 nodes online now and will be 5000 in near future and more... Rewards in a lotto system, so more nodes, less chances to get a reward.

This is a pretty poor assessment on profitability. When you hold 5000 TNT to operate a node, you don't lose your principal balance... it is just held there while operating the node. Node profitability is a factor of many things, including the price of TNT, the number of nodes on the network (dictating win probability), and the size of the reward. Assuming the price doesn't change, at $0.22 you are making (on average) that ~$92 a month with your only overhead being the $5-10 / month hosting cost.  

You are basically doubling your investment in one year... not finally turning a profit. Your main liability is the price of TNT while you hold to operate a node over the long term, but the current effective yearly interest rate (paid in TNT) buffers these fluctuations (currently ~87% (@ 4k nodes and 1000 TNT reward / 30 min, same for 5k nodes and 1250 TNT reward / 30 min)). At those returns, if the TNT price gets cut in half over the next year, you will break even. If it stays the same, you will double up. If it increases 10 fold, you will be up 20x.

That being said, the team has stated they are planning to open up registration completely in the future and eventually deliver more consistent rewards (moving away from lotto style). No date on these modifications, so we can only go on the node statistics currently available.  IMO though, node operation is a long term game which requires patience. If you're the type of person that is constantly hawking prices and swing trading around, I would't recommend operating a node... but history in crypto has shown the most profitable investment method is to literally do nothing for longer than anyone else. Find a solid project, invest, then stick your head in the sand for 2 years.

what is the total number of  nodes  that can be built  for the whole  net ?  can any one  tell me how  to  set up a node on my vps server ?

[eastwind_ja]

can any body or dev help me ?  I just bought some  TNT  and  try to setup a  node  for registration ,  but  it  show  the error below on my vps  serve :



when i  input the following instruction:
      url -sSL https://cdn.rawgit.com/chainpoint/chainpoint-node/13b0c1b5028c14776bf4459518755b2625ddba34/scripts/docker-install-ubuntu.sh | bash

the result shows :
Failed to start Docker Application Contai...e.
error processing package docker-ce (--configure)


how to fix the problem ,can any one help me ?

[rapidtech]

Looks like not so profitable buy a node.

1250 rewards once in a 3 month, this is about 417TNT per month.
1TNT~$0,22 now, so it will be  ~$92 per month ->x12=$1100 per year.
But you should have 5000TNT always on a wallet ~5000x0,22=$1100.
So, only after 1 full year(!) you will begin make profit.
Also I didn't calculate hosting price here. This is additional ~$10-20 per month.

p.s. Another problem it's too much nodes for rewards - 4000 nodes online now and will be 5000 in near future and more... Rewards in a lotto system, so more nodes, less chances to get a reward.

This is a pretty poor assessment on profitability. When you hold 5000 TNT to operate a node, you don't lose your principal balance... it is just held there while operating the node. Node profitability is a factor of many things, including the price of TNT, the number of nodes on the network (dictating win probability), and the size of the reward. Assuming the price doesn't change, at $0.22 you are making (on average) that ~$92 a month with your only overhead being the $5-10 / month hosting cost.  

You are basically doubling your investment in one year... not finally turning a profit. Your main liability is the price of TNT while you hold to operate a node over the long term, but the current effective yearly interest rate (paid in TNT) buffers these fluctuations (currently ~87% (@ 4k nodes and 1000 TNT reward / 30 min, same for 5k nodes and 1250 TNT reward / 30 min)). At those returns, if the TNT price gets cut in half over the next year, you will break even. If it stays the same, you will double up. If it increases 10 fold, you will be up 20x.

That being said, the team has stated they are planning to open up registration completely in the future and eventually deliver more consistent rewards (moving away from lotto style). No date on these modifications, so we can only go on the node statistics currently available.  IMO though, node operation is a long term game which requires patience. If you're the type of person that is constantly hawking prices and swing trading around, I would't recommend operating a node... but history in crypto has shown the most profitable investment method is to literally do nothing for longer than anyone else. Find a solid project, invest, then stick your head in the sand for 2 years.

Rewards for operating a node may not be enticing right now but we must look at the long term potential. It's like an investment. If the rewards are very high right now, getting those TNTs would have cost a fortune since everyone would be scrambling to setup a node.

[BitStarChild]

Regarding the TNT charts:

I am happy that Tierion TNT is finally getting the credit it deserves.

I am glad to be highly invested in this exciting project. I bought in at 0.15 $. It is atm at 0.30 $. Will be buying a lot more if I see it hitting 0.25 $ during the next couple of days.

The spike will not be a pump and dump for sure. I think we will see a steady rise towards the 0.80 $ within the next two months.

Good investment for sure! Have fun. BTC safe.

[justvamp]

The project is still nowhere near it should be.
When the cryptomarket will heal itself after the January crisis I expect that TNT will grow pretty much.

[eastwind_ja]

can some body help me ?  I  met the following  problem when I  install my node on vps  ,  can not  start  docker :
 root@dime2:~# systemctl status docker.service
● docker.service - Docker Application Container Engine
   Loaded: loaded (/lib/systemd/system/docker.service; enabled; vendor preset: enabled)
   Active: inactive (dead) (Result: exit-code) since Tue 2018-01-23 08:30:03 UTC; 4min 27s ago
     Docs: https://docs.docker.com
  Process: 15461 ExecStart=/usr/bin/dockerd -H fd:// (code=exited, status=1/FAILURE)
 Main PID: 15461 (code=exited, status=1/FAILURE)

Jan 23 08:30:03 dime2 systemd[1]: Failed to start Docker Application Container Engine.
Jan 23 08:30:03 dime2 systemd[1]: docker.service: Unit entered failed state.
Jan 23 08:30:03 dime2 systemd[1]: docker.service: Failed with result 'exit-code'.
Jan 23 08:30:03 dime2 systemd[1]: docker.service: Service hold-off time over, scheduling restart.
Jan 23 08:30:03 dime2 systemd[1]: Stopped Docker Application Container Engine.
Jan 23 08:30:03 dime2 systemd[1]: docker.service: Start request repeated too quickly.
Jan 23 08:30:03 dime2 systemd[1]: Failed to start Docker Application Container Engine.

[vipgelsi]

Try this.

https://www.youtube.com/watch?v=uOza_2k8M0o

[buttonmc]

Looks like not so profitable buy a node.

1250 rewards once in a 3 month, this is about 417TNT per month.
1TNT~$0,22 now, so it will be  ~$92 per month ->x12=$1100 per year.
But you should have 5000TNT always on a wallet ~5000x0,22=$1100.
So, only after 1 full year(!) you will begin make profit.
Also I didn't calculate hosting price here. This is additional ~$10-20 per month.

p.s. Another problem it's too much nodes for rewards - 4000 nodes online now and will be 5000 in near future and more... Rewards in a lotto system, so more nodes, less chances to get a reward.

This is a pretty poor assessment on profitability. When you hold 5000 TNT to operate a node, you don't lose your principal balance... it is just held there while operating the node. Node profitability is a factor of many things, including the price of TNT, the number of nodes on the network (dictating win probability), and the size of the reward. Assuming the price doesn't change, at $0.22 you are making (on average) that ~$92 a month with your only overhead being the $5-10 / month hosting cost.  

You are basically doubling your investment in one year... not finally turning a profit. Your main liability is the price of TNT while you hold to operate a node over the long term, but the current effective yearly interest rate (paid in TNT) buffers these fluctuations (currently ~87% (@ 4k nodes and 1000 TNT reward / 30 min, same for 5k nodes and 1250 TNT reward / 30 min)). At those returns, if the TNT price gets cut in half over the next year, you will break even. If it stays the same, you will double up. If it increases 10 fold, you will be up 20x.

That being said, the team has stated they are planning to open up registration completely in the future and eventually deliver more consistent rewards (moving away from lotto style). No date on these modifications, so we can only go on the node statistics currently available.  IMO though, node operation is a long term game which requires patience. If you're the type of person that is constantly hawking prices and swing trading around, I would't recommend operating a node... but history in crypto has shown the most profitable investment method is to literally do nothing for longer than anyone else. Find a solid project, invest, then stick your head in the sand for 2 years.

what is the total number of  nodes  that can be built  for the whole  net ?  can any one  tell me how  to  set up a node on my vps server ?

The maximum number of nodes allowed on the network is dictated by the circulating TNT supply and the minimum TNT balance requirement per node. With the current circulating supply (428,481,269) and the 5000 TNT minimum balance, if 100% of tokens were applied towards node operation there would be 85,696 nodes on the network. Looking at Dash as a successful node operation, they have ~60% tied in nodes... putting a more realistic number closer to ~51k nodes if Tierion's marketcap exploded into the billions.

[BrBoy]

interested buying in to TNT... just missed this jump... on long term what would be wise wait a bit for an drop and then buy or buy now ? It's meant as long term investment as I believe in the power of this product

[standards]

interested buying in to TNT... just missed this jump... on long term what would be wise wait a bit for an drop and then buy or buy now ? It's meant as long term investment as I believe in the power of this product

This is one of the best projects in market. I will it long term for sure.
The recent pump and high volume is a good sign that many people are interested in this one.

[Faker198]

I hope it goes back to 0.004000 Eth today. I bought back in at 0.00375 after selling at ATM. Regret not waiting  until this morning at 0.003

[standards]

I hope it goes back to 0.004000 Eth today. I bought back in at 0.00375 after selling at ATM. Regret not waiting  until this morning at 0.003

So you are a day trader.
Yes, you should have bought back at a lower price.
But the thing is you never know where is the bottom.
As long as you have TNT, it will certainly reach ATH again.

[andyshores]

Seems like max number of nodes has been reached coz i cant register my node. Or am i mb doing smth wrong? Any idea of when the number of nodes gets increased?

[andiagung]

I'm aware that all nodes are already registered, but what happens if a current node goes offline? Does a spot open up for registration?

[Kr0w]

why do you not creat a masternod waiting list ?

i try to connect master nod yesterday but so long for download... fiber connexion advantaged on me

.... 

[standards]

Thread manager, would you please change the '[ANN] TIERION [TNT]Token Sale Starts on 27 July' title?
It has been out of date for a long time.
Replace it with something that is really important and attractive.

[buttonmc]

I'm aware that all nodes are already registered, but what happens if a current node goes offline? Does a spot open up for registration?

Once a node is registered, I do not believe it becomes unregistered even if it stops running. No additional slot opens up until the next registration period.

The actual node registration gets filled rather quickly (usually 5-20 minutes), so you have to be ready to go at the bell. Even then, its been roughly a ~30% chance to get a node registered due to the volume of people trying to register at the same time.

[andyshores]

I'm aware that all nodes are already registered, but what happens if a current node goes offline? Does a spot open up for registration?

Once a node is registered, I do not believe it becomes unregistered even if it stops running. No additional slot opens up until the next registration period.

The actual node registration gets filled rather quickly (usually 5-20 minutes), so you have to be ready to go at the bell. Even then, its been roughly a ~30% chance to get a node registered due to the volume of people trying to register at the same time.

If it is so, do the new registration periods being announced somehow?