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Author Topic: Nexus - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come  (Read 754648 times)
muleroaa
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February 24, 2018, 02:59:13 PM
 #7081


What do those rocket launches + satellites cost?
How many satellites will be launched?
What is the coverage?
What is the budget of the Nexus team, how much are they holding?
What will it do to the Nexus price when they sell their stack to pay for those launches?

Is there nobody here who knows this?

"The Vector-R vehicle is a low-cost rocket intended to meet the growing demand from the microsatellite sector, which is expected to become a $7.5 billion industry in five years. At less than $3 million per launch, Vector is aiming for a 20th the cost of a SpaceX Falcon 9 rocket."
- source: Oct 19, 2017 https://www.cnbc.com/2017/10/19/vector-space-systems-signs-deal-with-virgina-space.html

this potential agreement could potentially lower the launch costs listed above - https://www.cnbc.com/2018/02/23/rocket-builders-looking-to-brazil-for-equatorial-launch-site.html

EDIT: this is the cost for launching the rocket not the satellites, i read somewhere that parts for a micro satellite can cost as low as 25-30k, nano satellites (1 cubesat is 10cmx10cmx10cm) 100k per cubesat, including launch 150k to 1M

There is obviously a need for cheaper and more frequent launches for smaller satellites. It will be interesting to see how Vector might get a leading role in these launches and how Nexus will tie into this. I think I read there is some kind of connection with VMware, I'm sure this will gather quite some publicity too when the time comes.

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newmz
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February 25, 2018, 06:58:46 AM
 #7082

If Nexus really is all it purports to be, it reminds me of when I was mining ETH and it's price hovered around $10 for months, then dropped as low as $7.

But then when a whole lot of attention was aimed at it, and it started to actually prove to have utility (when really useful ICOs started rather than that DAO fiasco) and worth and the price started climbing. It then hovered around the $50 range, which is unfortunately for me - when I sold most of what I mined. I did make a nice amount, but if I had HODL'd it, it would now be worth a quarter million, rather than the approximately $12000 I made.

Hindsight is 20/20 obviously, and I had financial pressures that more or less forced me to cash out early with ETH. It was so nerve wracking for someone like me who isn't very rich or wealthy - and the electricity bills on the mining rigs were ridiculous because I live in a VERY energy expensive country....

but the point of all this whining is: HODL your NXS if you really believe in the project!

I'm not sure about it yet - obviously it has great ideas, but I'm very cautious in my optimism about it because it seems almost too ambitious. I work in electro-mechanical engineering so I know how expensive and time consuming it is to build very small but highly functional devices - so I can only imagine that just building a cubesat, before you even get it on a launch vehicle will be REALLY expensive. This project is proposing a constellation of these! Imagine how much money it cost to put up (and maintain) the GPS constellation!

I think that if Nexus manages it's own "Sputnik" and actually succeeds in having one up there and working - it's price should just head for the moon, and then I guess that's how they fund a whole constellation, so IMHO - successfully Earth orbiting a nexus node (or not) is the whole deal. If they can do that it will be in the top 5 on coinmarketcap.com, but for as long as they don't the price will continue to fall.

I guess it's possible that if they show in public that there is progress towards this goal it would definitely pump the price - but maybe they don't want that to happen. Or maybe it's never going to happen because there is no progress towards this goal and it's all snake-oil like 85% of crypto currencies - I haven't done enough research or actually seen any evidence that makes me confident that this is real yet, but I do HODL a few hundred NXS. Right now I am very, very tempted to buy a whole lot more in the hope that this is real.

Good luck Nexus - I hope you really can make "skynet" but for all of us to benefit from - rather than the other thing.

Crypto currency enthusiast and miner since 2015. Mined approx 200 ETH during 2016 and 2017 and sold it at approximately $US40 each. Then I watched it reach $1000+ each. If anyone bothers to read this stuff pay attention to this: HODL HODL HODL HODL HODL HODL

I started mining with 1 AMD 7950 and 1 R9-280X. Then I gradually built my AMD operation into 12 R9-290s. Awesome ETH hash but ridiculous power consumption and heat. Over the last year I defected to the Nvidia team. I now use GTX 1070s. They were expensive to buy (probably a bargain now) but awesome hash rate vs. power consumption. blah blah blah blah
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February 25, 2018, 07:03:19 AM
 #7083


What do those rocket launches + satellites cost?
How many satellites will be launched?
What is the coverage?
What is the budget of the Nexus team, how much are they holding?
What will it do to the Nexus price when they sell their stack to pay for those launches?

Is there nobody here who knows this?

"The Vector-R vehicle is a low-cost rocket intended to meet the growing demand from the microsatellite sector, which is expected to become a $7.5 billion industry in five years. At less than $3 million per launch, Vector is aiming for a 20th the cost of a SpaceX Falcon 9 rocket."
- source: Oct 19, 2017 https://www.cnbc.com/2017/10/19/vector-space-systems-signs-deal-with-virgina-space.html

this potential agreement could potentially lower the launch costs listed above - https://www.cnbc.com/2018/02/23/rocket-builders-looking-to-brazil-for-equatorial-launch-site.html

EDIT: this is the cost for launching the rocket not the satellites, i read somewhere that parts for a micro satellite can cost as low as 25-30k, nano satellites (1 cubesat is 10cmx10cmx10cm) 100k per cubesat, including launch 150k to 1M

There is obviously a need for cheaper and more frequent launches for smaller satellites. It will be interesting to see how Vector might get a leading role in these launches and how Nexus will tie into this. I think I read there is some kind of connection with VMware, I'm sure this will gather quite some publicity too when the time comes.

I agree there is a need for cheaper solutions, but when you are choosing the best vehicle, it's a shame if that has to mean "the cheapest".

Crypto currency enthusiast and miner since 2015. Mined approx 200 ETH during 2016 and 2017 and sold it at approximately $US40 each. Then I watched it reach $1000+ each. If anyone bothers to read this stuff pay attention to this: HODL HODL HODL HODL HODL HODL

I started mining with 1 AMD 7950 and 1 R9-280X. Then I gradually built my AMD operation into 12 R9-290s. Awesome ETH hash but ridiculous power consumption and heat. Over the last year I defected to the Nvidia team. I now use GTX 1070s. They were expensive to buy (probably a bargain now) but awesome hash rate vs. power consumption. blah blah blah blah
limitup
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February 25, 2018, 08:43:30 AM
 #7084

1  (done deal) Sat(s) launches and possibly 2 more this year.
Vector has already locked in 5 orbital launches starting in 2019 with Open Cosmos:

https://www.prnewswire.com/news-releases/vector-announces-five-orbital-launch-reservation-with-open-cosmos-300598391.html


If Nexus really is all it purports to be, it reminds me of when I was mining ETH and it's price hovered around $10 for months, then dropped as low as $7.

But then when a whole lot of attention was aimed at it, and it started to actually prove to have utility (when really useful ICOs started rather than that DAO fiasco) and worth and the price started climbing. It then hovered around the $50 range, which is unfortunately for me - when I sold most of what I mined. I did make a nice amount, but if I had HODL'd it, it would now be worth a quarter million, rather than the approximately $12000 I made.

Hindsight is 20/20 obviously, and I had financial pressures that more or less forced me to cash out early with ETH. It was so nerve wracking for someone like me who isn't very rich or wealthy - and the electricity bills on the mining rigs were ridiculous because I live in a VERY energy expensive country....

but the point of all this whining is: HODL your NXS if you really believe in the project!

I'm not sure about it yet - obviously it has great ideas, but I'm very cautious in my optimism about it because it seems almost too ambitious. I work in electro-mechanical engineering so I know how expensive and time consuming it is to build very small but highly functional devices - so I can only imagine that just building a cubesat, before you even get it on a launch vehicle will be REALLY expensive. This project is proposing a constellation of these! Imagine how much money it cost to put up (and maintain) the GPS constellation!

I think that if Nexus manages it's own "Sputnik" and actually succeeds in having one up there and working - it's price should just head for the moon, and then I guess that's how they fund a whole constellation, so IMHO - successfully Earth orbiting a nexus node (or not) is the whole deal. If they can do that it will be in the top 5 on coinmarketcap.com, but for as long as they don't the price will continue to fall.

I guess it's possible that if they show in public that there is progress towards this goal it would definitely pump the price - but maybe they don't want that to happen. Or maybe it's never going to happen because there is no progress towards this goal and it's all snake-oil like 85% of crypto currencies - I haven't done enough research or actually seen any evidence that makes me confident that this is real yet, but I do HODL a few hundred NXS. Right now I am very, very tempted to buy a whole lot more in the hope that this is real.

Good luck Nexus - I hope you really can make "skynet" but for all of us to benefit from - rather than the other thing.
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February 25, 2018, 05:08:54 PM
 #7085

new NXS GPU POOL,
www.pool.ren

skminer nxs.pool.ren 9521 wallet.worker 6 20 47

ONE more efficient pool,

Lower rejection rate.
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February 27, 2018, 01:22:44 PM
 #7086

I see that opinions are extremely different, probably those who bought higher, are disappointed now. Ufortunately that's how investing in the crypto world looks like.

Where I can find roadmap for the next days / weeks / months to check by myself what the future for Nexus is?

       
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February 27, 2018, 01:41:17 PM
Merited by kotwica666 (1)
 #7087

Hey Kotwica666. Nexus does not have a roadmap, per se. Not one with dates etc. I can give you a quick update on the upcoming releases (may be out of order):
Tritium whitepaper, Tritium Electrum wallet, Tritium hard fork. 3DC whitepaper, Amine (L2 of the 3DC), Obsidian mining vault (L3 of the 3DC).
As for satellite launches, Nexus hopes to launch 2 test satellites in 2018. I also believe work is progressing on developing a mobile wallet.
Shea
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February 27, 2018, 01:56:03 PM
 #7088

Hey Kotwica666. Nexus does not have a roadmap, per se. Not one with dates etc. I can give you a quick update on the upcoming releases (may be out of order):
Tritium whitepaper, Tritium Electrum wallet, Tritium hard fork. 3DC whitepaper, Amine (L2 of the 3DC), Obsidian mining vault (L3 of the 3DC).
As for satellite launches, Nexus hopes to launch 2 test satellites in 2018. I also believe work is progressing on developing a mobile wallet.
Shea

Thanks for that info! I see that the best way will be just stick to that thread. Smiley
Upcoming updates looks very interesting and this crazy price correction finally must bounce off the ground, so probably it is good moment for shopping Wink We'll see where it will hit.  Cool


       
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March 01, 2018, 01:17:21 PM
 #7089

Hello I wanted to consult. Do you think now is to buy NXS or wait for the drawdown?

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March 01, 2018, 02:37:00 PM
 #7090

holy shizz they're actually planning to launch their satellites THIS SUMMER? Whoaaa. Welp, better get started on ordering some lambos. Oh wait first I actually have to buy some NXS I guess.
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March 01, 2018, 05:44:51 PM
 #7091

What a great write up!  Very well laid out. There are a few corrections to the team. Can anyone assist with that?
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March 02, 2018, 01:23:55 AM
 #7092

A few people in Korea learning what the West has overlooked; Nexus. You know that's how Korea took over semicondoctors. Nexus has soo much on the plate this year, and thier dev team is growing. 3D chain, signiture-chains, satellite launch, democratic voting structure, decentralized mining, alternet protocol testing (decentralized internet) from low-earth orbit, tritium wallet, etc.

Oh, and what I like about their community...very very few crypto's take decentralization seriously, allowing centralized mining, pre-mines, centralized ICO's, etc. Not Nexus, their whole philosophy is about how to design-in sovereignty for the 99%. 3DC is going to be air-tight and unstoppable.
- MetaSouls @ Nexus reddit
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March 02, 2018, 01:28:28 AM
 #7093

The London Letter is a MUST READ -
https://medium.com/@londonletter/nexus-will-literally-moon-in-2018-c5472ee405cb
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March 02, 2018, 05:48:32 AM
 #7094

A few people in Korea learning what the West has overlooked; Nexus. You know that's how Korea took over semicondoctors. Nexus has soo much on the plate this year, and thier dev team is growing. 3D chain, signiture-chains, satellite launch, democratic voting structure, decentralized mining, alternet protocol testing (decentralized internet) from low-earth orbit, tritium wallet, etc.

Oh, and what I like about their community...very very few crypto's take decentralization seriously, allowing centralized mining, pre-mines, centralized ICO's, etc. Not Nexus, their whole philosophy is about how to design-in sovereignty for the 99%. 3DC is going to be air-tight and unstoppable.
- MetaSouls @ Nexus reddit

Love it! Seems like the Koreans start to accumulate a lot of Nexus. Upbit (korean exchange) has almost twice the volume as bittrex today. Let's see where the price settles.
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March 02, 2018, 06:54:31 AM
 #7095

A few people in Korea learning what the West has overlooked; Nexus. You know that's how Korea took over semicondoctors. Nexus has soo much on the plate this year, and thier dev team is growing. 3D chain, signiture-chains, satellite launch, democratic voting structure, decentralized mining, alternet protocol testing (decentralized internet) from low-earth orbit, tritium wallet, etc.

Oh, and what I like about their community...very very few crypto's take decentralization seriously, allowing centralized mining, pre-mines, centralized ICO's, etc. Not Nexus, their whole philosophy is about how to design-in sovereignty for the 99%. 3DC is going to be air-tight and unstoppable.
- MetaSouls @ Nexus reddit

Love it! Seems like the Koreans start to accumulate a lot of Nexus. Upbit (korean exchange) has almost twice the volume as bittrex today. Let's see where the price settles.

happy overall but saddened  i didnt load up on more in the sub $2 dollar range, woke up this morning it was above 2, was hoping for a little dip on my way to work, come back from work 10 hours later and i see $4.50!! Cool Grin

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March 02, 2018, 07:06:04 AM
 #7096

A few people in Korea learning what the West has overlooked; Nexus. You know that's how Korea took over semicondoctors. Nexus has soo much on the plate this year, and thier dev team is growing. 3D chain, signiture-chains, satellite launch, democratic voting structure, decentralized mining, alternet protocol testing (decentralized internet) from low-earth orbit, tritium wallet, etc.

Oh, and what I like about their community...very very few crypto's take decentralization seriously, allowing centralized mining, pre-mines, centralized ICO's, etc. Not Nexus, their whole philosophy is about how to design-in sovereignty for the 99%. 3DC is going to be air-tight and unstoppable.
- MetaSouls @ Nexus reddit

Love it! Seems like the Koreans start to accumulate a lot of Nexus. Upbit (korean exchange) has almost twice the volume as bittrex today. Let's see where the price settles.

happy overall but saddened  i didnt load up on more in the sub $2 dollar range, woke up this morning it was above 2, was hoping for a little dip on my way to work, come back from work 10 hours later and i see $4.50!! Cool Grin

March 2018 will be huge for Nexus - Were on the Map for sure now:

Today record volume 4000 BTC on Bittrex and keeps increasing. The closest one is 3980 BTC on Jan 3 that led to ATH price at 0.00097500 ($13).
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March 02, 2018, 09:20:40 AM
 #7097

I do not suspect the progress of nexuscoin can be said very quickly.
I used to see Nexuscoin sitting in position 200 but see now the price continues to soar slowly but surely.
Thanks to the Nexuscoin team who have worked hard and made Nexuscoin the way it is today.  Wink



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iwosh
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March 02, 2018, 10:10:56 AM
 #7098

A few people in Korea learning what the West has overlooked; Nexus. You know that's how Korea took over semicondoctors. Nexus has soo much on the plate this year, and thier dev team is growing. 3D chain, signiture-chains, satellite launch, democratic voting structure, decentralized mining, alternet protocol testing (decentralized internet) from low-earth orbit, tritium wallet, etc.

Oh, and what I like about their community...very very few crypto's take decentralization seriously, allowing centralized mining, pre-mines, centralized ICO's, etc. Not Nexus, their whole philosophy is about how to design-in sovereignty for the 99%. 3DC is going to be air-tight and unstoppable.
- MetaSouls @ Nexus reddit

Love it! Seems like the Koreans start to accumulate a lot of Nexus. Upbit (korean exchange) has almost twice the volume as bittrex today. Let's see where the price settles.

happy overall but saddened  i didnt load up on more in the sub $2 dollar range, woke up this morning it was above 2, was hoping for a little dip on my way to work, come back from work 10 hours later and i see $4.50!! Cool Grin

March 2018 will be huge for Nexus - Were on the Map for sure now:

Today record volume 4000 BTC on Bittrex and keeps increasing. The closest one is 3980 BTC on Jan 3 that led to ATH price at 0.00097500 ($13).


Finally we see some movement... now I just wish it is slow and steady, not pump to $10 and than fall back to $2...
TampaFury
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March 02, 2018, 12:49:48 PM
 #7099

A few people in Korea learning what the West has overlooked; Nexus. You know that's how Korea took over semicondoctors. Nexus has soo much on the plate this year, and thier dev team is growing. 3D chain, signiture-chains, satellite launch, democratic voting structure, decentralized mining, alternet protocol testing (decentralized internet) from low-earth orbit, tritium wallet, etc.

Oh, and what I like about their community...very very few crypto's take decentralization seriously, allowing centralized mining, pre-mines, centralized ICO's, etc. Not Nexus, their whole philosophy is about how to design-in sovereignty for the 99%. 3DC is going to be air-tight and unstoppable.
- MetaSouls @ Nexus reddit

Love it! Seems like the Koreans start to accumulate a lot of Nexus. Upbit (korean exchange) has almost twice the volume as bittrex today. Let's see where the price settles.

happy overall but saddened  i didnt load up on more in the sub $2 dollar range, woke up this morning it was above 2, was hoping for a little dip on my way to work, come back from work 10 hours later and i see $4.50!! Cool Grin

March 2018 will be huge for Nexus - Were on the Map for sure now:

Today record volume 4000 BTC on Bittrex and keeps increasing. The closest one is 3980 BTC on Jan 3 that led to ATH price at 0.00097500 ($13).


Finally we see some movement... now I just wish it is slow and steady, not pump to $10 and than fall back to $2...

Probably a good idea not to pretend that 100% in a day isn't just a pump and dump.
agostine
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March 02, 2018, 12:53:42 PM
 #7100

Ok so now we are talking about launching the rocket out in orbit, fair enough. But where is the promised Android wallet, that was priority about six month ago, so where is the Android wallet?

If that part is delayed how much more a rocket launch, and all other stuff?

Peace
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