CoresRent

Every GPU hour metered. Every day paid.

0x897d151787ca84994ac8df68500f17e587794796

[CoresRent @coresrent]

$CORES.
The future is here.

0x897d151787ca84994ac8df68500f17e587794796

https://t.co/DGhQP0D8HC

[CoresRent @coresrent]

@milkteacuz @italianscumball USDG was more difficult for integrations, and from who we've surveyed, USDC was more convienent.

Robinhood wallets & regular EVM wallets are identical, it makes zero difference.

If you'd like, I can run a poll to switch to USDG.

[CoresRent @coresrent]

@milkteacuz @italianscumball Easier for automations, surplus of APIs on eth mainnet. Doesn't make a difference honestly, just for payouts.

[CoresRent @coresrent]

Heard these help.

https://t.co/dxkPbUjRKz

[CoresRent @coresrent]

@milkteacuz @italianscumball Yes

[CoresRent @coresrent]

@milkteacuz @italianscumball Robinhood is on the Ethereum mainnet, and there is USDC!

[CoresRent @coresrent]

@italianscumball Renting our GPUs, or theirs?

[CoresRent @coresrent]

@jscrypto4882 Deposits are only for renting our GPUs, still in development.

For now you can only receive money.

[CoresRent @coresrent]

Own the hardware. Rent the compute. Earn with Cores.

https://t.co/AIbr8j096h

[CoresRent @coresrent]

@italianscumball Next, users can start renting with self-custody and will be paid out in USDC.

Or just simply hold the token and profit-share our personal GPUs.

Tech works, try it yourself.
https://t.co/AIbr8j0GVP

[CoresRent @coresrent]

@iwantitmore1 Done.

[CoresRent @coresrent]

@italianscumball It's live!

[CoresRent @coresrent]

@iwantitmore1 Not a bad idea, depending on how dominant the poll is I'll decide where to allocate more.

[CoresRent @coresrent]

Important Question:

As of right now, we are currently running a buyback system with our core profits.

We could either continue with this, or switch to fractionalized payouts in accordance to % owned. (e.g. top holder will receive more than second top holder) rewarded in USDC. Not $CORES.

Each come with their own set of pros and cons, buybacks allow us to access a treasury for marketing & exchanges (will be locked and vested publicly to ensure community morale) we will never have access to 100% of the treausry at once.

Fractionalized payouts reward top holders of the project, and incentivize them to hold for longer durations.

Buybacks allow for easier growth and enables us a treasury. Injections also support healthy chart movements.

[CoresRent @coresrent]

.

[CoresRent @coresrent]

@duncan_rampage All default on low utilization.

[CoresRent @coresrent]

👀

[CoresRent @coresrent]

@duncan_rampage @vast_ai 😂🤣

[CoresRent @coresrent]

We're running a bit ahead of schedule.

We've received our daily payout from personal GPUs throughm @vast_ai, however client side rentals are still in the works, which should be out soon.

Our first ever buyback is underway. Payouts occur daily, and with our current rig we can expect anywhere from $195-$492 per day.

Once we introduce client-side rigs, we expect this number to raise.

More info to come..
https://t.co/IVYOpALgjr
https://t.co/dMCgrxaVb1

[CoresRent @coresrent]

@duncan_rampage We aim to run extremely light with our workload to reduce kW/h costs to maximize profitability.

Used to mine ETH back in the day as well and electricity costs killed my profits, one of the main reasons we decided to start Cores.

[CoresRent @coresrent]

@duncan_rampage @vast_ai Yup! It'll be fully compatible with Windows. Cores wont require an ubuntu/linux setup although that's what we use personally.