TAO SHARD MINER FREQUENTLY ASKED QUESTIONS.
Q: Do I have to pay for subnet?
A: You don't have to pay subnet, you pay to register your wallet on the subnet.
Q: where can i get the miner?
A: From #TaoShard market place.
https://t.co/N9GC2eEC8a
Q: After buying the miner from the market place how will my earning be?
A: The higher the specs of your server, the higher compute power and the faster it will be able to solve the mining challenges
Q: How many days will ittake to setup miner?
A: Depending on the server bought, 12 hours tops
Q: If i buy a miner now, how long do i have to wait before earning.
A: You start immediately, but your compute power determines alot
Q: What is the eta on full product launch ?
A: If we were to name a time for the completion of all our products, we are looking at a 6 months timeline but there will be smaller updates along the way.
Q: Can i just start mining like that?
A: To start mining you need to register your wallets on the Bittensor network which varies depending on the subnet chosen
Q: what is the start up cost total/monthly ?
A: 0.29 $TAO and the cost of servers are the only startup cost for first comers as the servers will increase in price soon
Q: If I wanted to get started. Is someone on the team helping set up and make sure everything is running?
A: Yes, some one from the team will help you set it up.
Q: How does team plan to scale when there’s hundreds being purchased daily?
A: We are buying load of servers then reselling
Q: Are the miner earning a higher apy than the staking platform?
A: Yes.
Q: if i have my miner set up and running what's my estimated monthly return?
A: Worst case scenario, you will earn 3 $TAO monthly
Q: what is the recommended pc to use for mining?
A: Anything with 16-18 core should be perfect.
If you have any other questions regarding the miner do, do not hesitate to ask in our community telegram group.
This is a sneak peek of the mining server marketplace being done.
The marketplace is live at https://t.co/N9GC2eEC8a you can buy any amount of server on the marketplace but it is advisable to buy higher so as not to get your miner deregistered.
To buy the servers you need the USD equivalent amount of TaoShard as the servers are charged in USD.
The TaoShard will be sent to a dead address after development this decreases the amount of TaoShard in circulation.
More information about the servers can be forwarded to our chat group.
P.S : The costlier the server, the higher its compute ability, the higher it mining emissions as it gets tasks done faster.
Today's staking rewards is different form yesterday's
TaoShard stakers enjoy our never-been-seen-before APY.
Share your staking dashboards below.
#tao#TaoShard#TaoShards#BITTENSOR
There will be 3 announcements over the next 18 hours.
One will change the way TAOSHARD is traded forever, one will affirm users of our plans to be a key player in the Bittensor network and one is the TAOSHARD team confirming what many have been waiting for.
Join our announcement channel to get the front seat to the TaoShard Show
https://t.co/f6POGG2rLU
The miner ran for 5 minutes and it earned 0.00035, there are 288 5 minutes in a day, 0.00035 x 288 = 0.1008, 0.1008 x 30 days = 3.024 that is how much the miner will make in 30 days
3.024 tao
There are 288 5 minutes in a day.
0.00034 x 288 = 0.1008
0.1008 x 30
0.1008 x 30 equals approximately
3.024
And this was ran on the subnet with the lowest emission, we are looking forward to the Subnet 18 10% juicy emissions.
Buy our mining servers on the marketplace to enjoy same benefit.
@ThePeac42276124 That is because we are using OpenAI api to process the miner and those texts you see are just placeholders for "processing". Now if we use another tool, we might get a loading/processing text. But it is openai, so it is doing what it does best.
https://t.co/dJ2g3RGFkA
Here is the miner in action.,
There is our miner Wallet - miner:5HQxMuRRVHm1YoeHP767eGUoNnb1sJHVmeyajQYksBmr4jjk
Mined TAO are automatically staked on the Bittensor network to protect the integrity of the network
Once the staking period has passed we release a new directive on how to receive your incentives as a 1% TAOSHARD holder.
There is a medium coming up showcasing what we have earned mining, its stake and how to setup an individual mining server as a 1% TAOSHARD holder.
It's been quite a few busy days since launch, and the growth can be seen on our chart, we have recovered 50% in the last 24 hours, we are also glad to announce that dextools team finally updated our twitter handle on their platform with the correct link @taoshard#TAOSHARD
TaoShard is inviting you to our TAO Miner Initialization party.
Join the scheduled launch party and set a reminder.
Link below
https://t.co/NBUqpV1khQ
#TAOSHARD#TAO $TAO
Announcing the start of our thread contest.
All contestants must explain the benefits of TAOSHARD to the Bittensor ecosystem in a thread and tag @taoshard
Contestants must also use the following hashtags to be considered for the prize.
TaoShard rewards rolling in plan trusters will be rewarded. The staking reward is partly funded by our marketing wallet.
More funding will be sent soon.
Staking TAOSHARD will enable stakers for other benefits on TAO ecosystem. The snapshot for Miners UID and TAO Rewards is now
TAO Subnet Sharding @TAOshard on $ETH-
I grabbed a bag of this. 800k market cap, An #AI-related coin that's 1 day old. They're introducing sharding into @bittensor_ TAO subnets. It's never been done to my knowledge, so that leaves quite some room for speculation.
Here's a crash course on both @TAOShard and $TAO. We will dive in more thru the week!
1st- Links for #TaoShard and CA to DYOR:
📰Telegram: https://t.co/9AvnPRVpgT
📜 DOCS: https://t.co/cj5BM9W6hR
🌐WEBSITE: https://t.co/xFOXxXW7Xw
CA: 0x693170bd3c37DCD46168d8b399AA7551A32de2aF
Continue reading below 👇👇
Next- what is $TAO?
A summary: Bittensor aims to be the marketplace for machine learning & intelligence, where intelligence that is contributed to their network by contributors (called miners) is rewarded by a p2p network in its native token, $TAO. 'incentivizing machine learning and selling it to consumers' -GOB . The incentive is earning $TAO.
$TAO is 3 things: Subnets, Blockchain, and API.
Let's focus on the subnets, this is where #TAOShard comes into play. Subnets are a network inside a network. I'll put a diagram in the replies that is a good visual explanation. In TAO's case, miners use subnets to benefit the progress of machine learning- they sell this data on their marketplace.
Their AI must be 'trained' hence the term 'machine learning'. The learning can be via various tasks- translating languages, complex coding, even human interaction skills... Miners are being rewarded in $TAO to teach the TAO AI modules everything in a decentralized form. The $TAO API has machine learning nodes that verifies the work these miners are doing are accurate— if a miners work is continually deemed unhelpful, their $TAO rewards will suffer. This encourages max effort for max profits.
So how does #TAOShard improve subnets?
TAO Subnet Sharding breaks down these subnets into smaller subnets. This segmenting should improve scalability allowing for more profitable mining by distributing the workload of the machine learning across multiple shards-- which could even increase productivity.
1st of it's kind tech. The team seems to be well aware of the potential for what they're building, which makes me more bullish.
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#Crypto #Ethereum #DePin $GNUS $GPU