Imagine liquidating tens of millions selling $TAO while showing real conviction that the price will go x500 higher.
Imagine doing this while building “the best trading algorithm on the planet” as a subnet, then replace it with “the best prop firm on the planet”, then crashing it.
This is Arrash. One of the strongest subnet devs on Bittensor.
But no worries guys. $TAO will hit 25k next week.
Something is wrong with dTAO. Since the last update, emissions are supposed to be based on $TAO inflow.
Subnet 8 is still in last place for monthly TAO inflow, with an outflow of –4.3k TAO, yet its emissions are higher than in previous days.
How is it possible to have the worst inflow but still be at the top in emissions?
Long time since the inflow update, but still doesn't count that much.
Update. $TAO monthly inflow.
#125 place for Vanta SN8.
How can something rank in the top 5 for emissions but be last in TAO inflow?
The worst place for "The world's first decentralized proprietary trading firm on PLANET".
SLOW RUG mode activated?
We have 125 active $TAO subnets.
Let's check the $TAO monthly inflow and see where "The world's first decentralized proprietary trading firm" SN8 sits.
#124 place. WOW!
After crashing their holders on 13 May 2025, they are going to revolutionize the trading industry next month.
I can't wait!
We have 125 active $TAO subnets.
Let's check the $TAO monthly inflow and see where "The world's first decentralized proprietary trading firm" SN8 sits.
#124 place. WOW!
After crashing their holders on 13 May 2025, they are going to revolutionize the trading industry next month.
I can't wait!
All my statements were supported by on-chain evidence. Everything I got wrong, I took responsibility for and stated publicly. It is impossible to know in detail all the mechanisms behind 128 subnets, especially since they change from one day to the next. What I am pointing out here are only suspicious activities that anyone can see on-chain, but they are hard to reach because some subnet owners make thousands of transactions of 0.001 $TAO and no one asks why. They rush to throw mud at me because I speak negatively about their favorite project. It’s not me speaking - it’s the on-chain evidence.
Yes! Maybe I am not a perfect professional investigator. But that is not my goal. My goal is to make people aware of certain activities. Why? To avoid possible rugs. There are people who lose all their savings in crypto, and I am trying to make the Bittensor ecosystem as little harmful as possible in this area of rug pulls.
Btw...I don't think taostats is lying about TAO inflow, isn't it?
Ooops! $TAO
A big portion of the miners’ incentives is getting burned in BitCast SN93.
That means the miners didn’t accomplish their tasks, so they didn’t deserve the reward.
So here we have a case where miners are producing zero value, but the subnet owner’s key is still extracting TAO from the network.
In this case, maybe the owners should burn their incentives too instead of hyping people with burning while still extracting $TAO for nothing coming from their miners?
Of course you should burn emissions if you don’t provide value. But that process should happen in a trustless way, like some other subnets are doing mate. A trustless burn mechanism. Otherwise there will always be a big risk. Imagine btc mining rewards going to a single wallet and then the owner choosing where and how to split the emission lol. Fair play game. 😂
Ok. My mistake. $TAO
That address is not actually a miner.
I get confused because I saw the address on the miners leaderbord on taomarketcap .com.
It looks like this coldkey is actually a treasury where the "unclaimed emission" are automatically allocated.
Still very very dangerous.
This is not how it should work in a fair and trustless economy. They can burn it instead.
$500k+ per month sounds a bit scary for a startup with zero revenue generated imo.
Maybe I'm wrong.
Very interesting how BitCast SN93 miners are printing $TAO for their views on YouTube.
A single miner has generated 2,150 $TAO in less than a month, while the others… just look at the picture.
As you can see, there is a total of 82k views for all the content on their dashboard, across multiple creators / miners. But one miner alone was enough to generate more than $500,000.
A few thousand views for half a million. I guess that’s fair.
Nice job, BitCast. When crash?
Very interesting how BitCast SN93 miners are printing $TAO for their views on YouTube.
A single miner has generated 2,150 $TAO in less than a month, while the others… just look at the picture.
As you can see, there is a total of 82k views for all the content on their dashboard, across multiple creators / miners. But one miner alone was enough to generate more than $500,000.
A few thousand views for half a million. I guess that’s fair.
Nice job, BitCast. When crash?