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Author Topic: 🔥🔥 [ANN] HiveNet – The Next Generation of Cloud Computing 🔥🔥  (Read 8153 times)
fortunecrypto
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March 19, 2020, 04:32:51 PM
 #221

Hello HiveNet, could you please give a little description of your calculator.

What is Hours/Day ? If I select 1, does it mean my device will work 1 hour a day ? According to it, my gaming notebook generate a profit on almost 34 US dollars a day, while working for 1 hour. Even if it will work for a 24h day, $34 with low power consuming notebook is an amazing result.

We don't know the profitability of the project unless it gets in the market, the price that they are using are their projected price once it gets in the market, it could be lower or higher, it's the market that decides the profitability of the project and that calculation, so we'll see once it gets in the exchanges.

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March 19, 2020, 04:50:15 PM
 #222

Hello HiveNet, could you please give a little description of your calculator.

What is Hours/Day ? If I select 1, does it mean my device will work 1 hour a day ? According to it, my gaming notebook generate a profit on almost 34 US dollars a day, while working for 1 hour. Even if it will work for a 24h day, $34 with low power consuming notebook is an amazing result.

We don't know the profitability of the project unless it gets in the market, the price that they are using are their projected price once it gets in the market, it could be lower or higher, it's the market that decides the profitability of the project and that calculation, so we'll see once it gets in the exchanges.

That's not accurate.
The price of computing power on HiveNet will be defined as described in the White Paper and depends on the cloud computing market.
There we have a very good and detailed understanding of the price that can be requested for computing power.
What's defined by the crypto market and exchange rates is the value of HiveCoins.
The reward you receive in HiveNet are HiveCoins which are equivalent to the specific USD value.
In our White Paper we explain how this is achieved.
Therefore, the reward is independent from the HVC market price (however, if you hodl the HVC the price development will affect you).
An example in short: If you are to receive HiveCoins in a value of 100 USD, then
if 1 HVC = 1 USD -> you get 100 HVC
if 1 HVC = 0.1 USD -> you get 1000 HVC
if 1 HVC = 10 USD -> you get 10 HVC

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March 20, 2020, 08:08:02 AM
 #223

Hello HiveNet, could you please give a little description of your calculator.

What is Hours/Day ? If I select 1, does it mean my device will work 1 hour a day ? According to it, my gaming notebook generate a profit on almost 34 US dollars a day, while working for 1 hour. Even if it will work for a 24h day, $34 with low power consuming notebook is an amazing result.

Hi there,
it means that if you use HiveNet for 1 hour every day, you would earn about 34 USD per year.

Thank you for your answer. These 34 USD are constant and are based on HVC rate to USD ? What about price changes on the market? Does it mean that HVC is somehow a stable coin then? Smiley

"An example in short: If you are to receive HiveCoins in a value of 100 USD, then
if 1 HVC = 1 USD -> you get 100 HVC
if 1 HVC = 0.1 USD -> you get 1000 HVC
if 1 HVC = 10 USD -> you get 10 HVC"

Is gonna be madness, when person A gets 10 HVC, and person B gets 1000 HVC nextday and due to market instability on the third day they have 10 and 1000 USD for same work Smiley

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March 20, 2020, 09:20:11 AM
 #224

Hello HiveNet, could you please give a little description of your calculator.

What is Hours/Day ? If I select 1, does it mean my device will work 1 hour a day ? According to it, my gaming notebook generate a profit on almost 34 US dollars a day, while working for 1 hour. Even if it will work for a 24h day, $34 with low power consuming notebook is an amazing result.

Hi there,
it means that if you use HiveNet for 1 hour every day, you would earn about 34 USD per year.

Thank you for your answer. These 34 USD are constant and are based on HVC rate to USD ? What about price changes on the market? Does it mean that HVC is somehow a stable coin then? Smiley

"An example in short: If you are to receive HiveCoins in a value of 100 USD, then
if 1 HVC = 1 USD -> you get 100 HVC
if 1 HVC = 0.1 USD -> you get 1000 HVC
if 1 HVC = 10 USD -> you get 10 HVC"

Is gonna be madness, when person A gets 10 HVC, and person B gets 1000 HVC nextday and due to market instability on the third day they have 10 and 1000 USD for same work Smiley

Haha, we don't expect the HVC to be this volatile  Cheesy

We have described it in our White Paper in detail.
In short:
- customer payments can be in any currency
- customer payments are automatically used to buy HVC on the market at market price
- HVC are forwarded to computer owners

Since there will be a constant and inherent demand for HVC due to customer payments, the HVC will be much less volatile than other cryptocurrencies, which usually only depend on speculation.
So the HVC isn't a stable coin, but will likely be very solid and is expected to increase its value with growing customer numbers.

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March 20, 2020, 04:17:33 PM
 #225



Haha, we don't expect the HVC to be this volatile  Cheesy

We have described it in our White Paper in detail.
In short:
- customer payments can be in any currency
- customer payments are automatically used to buy HVC on the market at market price
- HVC are forwarded to computer owners

Since there will be a constant and inherent demand for HVC due to customer payments, the HVC will be much less volatile than other cryptocurrencies, which usually only depend on speculation.
So the HVC isn't a stable coin, but will likely be very solid and is expected to increase its value with growing customer numbers.
Interesting glad I ask it, I am not pond of reading whitepaper but will do with your project but it's still a long wait for us and the momentum is just right by that time if you keep up giving us answer to all our questions however repetitive it might you can build up a good number of community before the mainnet.

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March 20, 2020, 04:36:25 PM
 #226



Haha, we don't expect the HVC to be this volatile  Cheesy

We have described it in our White Paper in detail.
In short:
- customer payments can be in any currency
- customer payments are automatically used to buy HVC on the market at market price
- HVC are forwarded to computer owners

Since there will be a constant and inherent demand for HVC due to customer payments, the HVC will be much less volatile than other cryptocurrencies, which usually only depend on speculation.
So the HVC isn't a stable coin, but will likely be very solid and is expected to increase its value with growing customer numbers.
Interesting glad I ask it, I am not pond of reading whitepaper but will do with your project but it's still a long wait for us and the momentum is just right by that time if you keep up giving us answer to all our questions however repetitive it might you can build up a good number of community before the mainnet.

We try to answer every question  Smiley

If you don't like white papers, we also have a light paper, which is much shorter and less technical.
The documents are both found here: https://www.hivenet.cloud/resources

Yes, until the main net launch in Q4/2021 there is still some wait, but until then there will be all the time new test versions with an increasing amount of features Smiley

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March 25, 2020, 01:48:34 PM
 #227

How can I know more about your project?
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March 25, 2020, 01:57:53 PM
 #228

How can I know more about your project?

If you have a specific question, you can always ask here.

Generally, those are the links where you can find everything about HiveNet:
HiveNet Website
Facebook
LinkedIn
Twitter
YouTube
Medium
Telegram
Newsletter

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March 25, 2020, 05:17:13 PM
 #229

I hope your project lives up to it's potential, features are all good potential to its users are great, it all comes down to marketing the project and getting it adopted by many users and those the project wants to target, it's better to launch a campaign I read the mainet is going to launch on the fourth quarter but only a few people know this project.

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March 25, 2020, 06:43:43 PM
 #230

I hope your project lives up to it's potential, features are all good potential to its users are great, it all comes down to marketing the project and getting it adopted by many users and those the project wants to target, it's better to launch a campaign I read the mainet is going to launch on the fourth quarter but only a few people know this project.

Thank you Smiley
HiveNet's community is growing quickly as our marketing team puts in quite some effort.
If you like HiveNet, it would be great if you would also spread the word  Smiley

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March 26, 2020, 05:14:53 PM
 #231

The HiveNet Token has been generated and the first batches were vested to our early buyers.

You can find all relevant details in our official press release here:

https://medium.com/official-hivenet-blog/hivenet-token-generated-23b967be460d


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March 29, 2020, 03:54:47 AM
 #232

Hello HiveNet, could you please give a little description of your calculator.

What is Hours/Day ? If I select 1, does it mean my device will work 1 hour a day ? According to it, my gaming notebook generate a profit on almost 34 US dollars a day, while working for 1 hour. Even if it will work for a 24h day, $34 with low power consuming notebook is an amazing result.

Hi there,
it means that if you use HiveNet for 1 hour every day, you would earn about 34 USD per year.

This all sound good in written form but translating it into actual reality is often the problem, I particularly don't take such flamboyant comment seriously because in this business you come across all this similar bold talk but non has been able to deliver, $34 to be earned in 1hour is alot considering the way crypto operates, and if for some reason this is achievable then I can't imagine the number of people who would want to be a part of this,
Although I haven't read your wp but may I ask where the money will be coming from to cover this?

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March 29, 2020, 07:56:01 AM
 #233

Hello HiveNet, could you please give a little description of your calculator.

What is Hours/Day ? If I select 1, does it mean my device will work 1 hour a day ? According to it, my gaming notebook generate a profit on almost 34 US dollars a day, while working for 1 hour. Even if it will work for a 24h day, $34 with low power consuming notebook is an amazing result.

Hi there,
it means that if you use HiveNet for 1 hour every day, you would earn about 34 USD per year.

This all sound good in written form but translating it into actual reality is often the problem, I particularly don't take such flamboyant comment seriously because in this business you come across all this similar bold talk but non has been able to deliver, $34 to be earned in 1hour is alot considering the way crypto operates, and if for some reason this is achievable then I can't imagine the number of people who would want to be a part of this,
Although I haven't read your wp but may I ask where the money will be coming from to cover this?

The computing power that you provide will be used by paying customers.
These customers use the computing power for their cloud computing tasks.

The value from the calculator wouldn't be earned in 1 hour, but within one year if you used the HiveNet client for the given number of hours per day.

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March 29, 2020, 11:05:46 AM
 #234



The computing power that you provide will be used by paying customers.
These customers use the computing power for their cloud computing tasks.

The value from the calculator wouldn't be earned in 1 hour, but within one year if you used the HiveNet client for the given number of hours per day.

Based on my computation if you run it on 12 hours daily non stop  and you are going to earn more than 400 annually that's roughly $1 to $1.50 daily not really bad as long as it will not harm your computer, passive income if you have other activities online but not worth if you just rely on this platform.

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March 29, 2020, 10:03:32 PM
 #235



The computing power that you provide will be used by paying customers.
These customers use the computing power for their cloud computing tasks.

The value from the calculator wouldn't be earned in 1 hour, but within one year if you used the HiveNet client for the given number of hours per day.

Based on my computation if you run it on 12 hours daily non stop  and you are going to earn more than 400 annually that's roughly $1 to $1.50 daily not really bad as long as it will not harm your computer, passive income if you have other activities online but not worth if you just rely on this platform.

There is no notable impact on the computers lifetime when running tasks, as long as you haven't overclocked it or otherwise use it outside of the manufacturer's specifications.

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April 01, 2020, 04:45:53 PM
 #236

What happens to the network if suddenly all the electricity is cut in or the main network holders cease to function? What will the main work of the entire network be based on?

That's one of the aspects that makes HiveNet so secure.
When the electricity at a traditional computing center is gone, the center ceases to function.

HiveNet is a distributed network and will have participants who are spread all over the world.
Therefore, electricity shortages in single regions will not affect HiveNet.

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April 03, 2020, 08:44:28 PM
 #237

What happens to the network if suddenly all the electricity is cut in or the main network holders cease to function? What will the main work of the entire network be based on?

That's one of the aspects that makes HiveNet so secure.
When the electricity at a traditional computing center is gone, the center ceases to function.

HiveNet is a distributed network and will have participants who are spread all over the world.
Therefore, electricity shortages in single regions will not affect HiveNet.

How will the minimum amount of electricity needed to operate the center be calculated?
What will happen if electricity comes from only one source? I want to understand the work of the project in more detail. Thanks.

Maybe there is a misunderstanding.
In HiveNet, computer owners like you and me can rent out their unused computing power.
So HiveNet doesn't use a computing center like that.

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April 06, 2020, 11:41:50 AM
 #238

HiveNet's CEO was interviewed by Munich-Startup.

You can find the interview (German language) here:

https://www.munich-startup.de/59142/hivenet-7-fragen/


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April 07, 2020, 07:40:22 PM
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 #239

HiveNet is to shy to make a post they've filmed a "HiveNet Alpha Software Installation and Use Guide" Smiley
Video can be found on youtube https://www.youtube.com/watch?v=Vj2SjSSqmlg. Hope it will help someone.

I'm sure I will find some free time during lockdown to test it.


R


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████████████████
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LLBIT
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April 07, 2020, 08:03:27 PM
 #240

HiveNet is to shy to make a post they've filmed a "HiveNet Alpha Software Installation and Use Guide" Smiley
Video can be found on youtube https://www.youtube.com/watch?v=Vj2SjSSqmlg. Hope it will help someone.

I'm sure I will find some free time during lockdown to test it.



Oh my... you are right. I thought we had posted it here already.  Shocked
Thank you for pointing it out  Smiley
Yes, we created an installation and use guide for the HiveNet alpha software, which can be found in our YouTube channel: https://www.youtube.com/c/HiveNet

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