[ANN] SpreadCoin | Decentralize Everything (decentralized blockexplorer coming) - page 270.

AnotherNode

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Nodes That Serve

Quote from: defunctec on June 30, 2015, 05:52:40 PM

Quote from: AnotherNode on June 30, 2015, 03:15:58 PM

Quote from: defunctec on June 30, 2015, 04:37:57 AM

snip

Nice sig

Can you post the code? I'd like to use the same, without the typeo Grin

Code:

[url=https://bitcointalk.org/index.php?topic=1045373.0][color=purple][size=4]Spreadcoin[/size] [size=2]Decentralize Everything[/size][/url]
[url=https://chainz.cryptoid.info/spr/search.dws?q=SPrdeF1KU5CreLH2TYdnhNmZMAmoBbEynY]SPrdeF1KU5CreLH2TYdnhNmZMAmoBbEynY[/url]

Ofcourse you will have to find your own vanity address :p

Thanks!

Looks like I can't run the code yet Cry

minerpage

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Quote from: coins101 on June 30, 2015, 06:10:02 PM

When you get a chance, we'd be interested to get your feedback on the numbers for the node program.

Did you notice that Chaositech has penciled a review for supporting Trezor? That got me excited when he started talking about it Cool

Numbers seem realistic to me, question is how high SPR will go in value

And the Trezor support is awesome, I will certainly use it as soon as it comes out.

All in all great progress and exciting features in the development timeline... 100% support here!

coins101

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Quote from: minerpage on June 30, 2015, 06:05:54 PM

Quote from: coins101 on June 30, 2015, 04:48:33 PM

Update:
https://docs.google.com/presentation/d/1QRZskvS6ekYSofsM5WsTQB3-gtHb2KCIymL90eqx_mQ/edit#slide=id.p

Excellent update! Very exciting roadmap Cool

When you get a chance, we'd be interested to get your feedback on the numbers for the node program.

https://docs.google.com/spreadsheets/d/1_h-vf1YOjXT9B1ELiOuRh8GG0OmsxSVwqwpEeJLcjIY/edit#gid=1994079775

Thanks!

edit

Did you notice that Chaositech has penciled a review for supporting Trezor? That got me excited when he started talking about it Cool

minerpage

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Activity: 268

Merit: 250

Quote from: coins101 on June 30, 2015, 04:48:33 PM

Update:
https://docs.google.com/presentation/d/1QRZskvS6ekYSofsM5WsTQB3-gtHb2KCIymL90eqx_mQ/edit#slide=id.p

Excellent update! Very exciting roadmap Cool

defunctec

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Quote from: AnotherNode on June 30, 2015, 03:15:58 PM

Quote from: defunctec on June 30, 2015, 04:37:57 AM

snip

Nice sig

Can you post the code? I'd like to use the same, without the typeo Grin

Code:

[url=https://bitcointalk.org/index.php?topic=1045373.0][color=purple][size=4]Spreadcoin[/size] [size=2]Decentralize Everything[/size][/url]
[url=https://chainz.cryptoid.info/spr/search.dws?q=SPrdeF1KU5CreLH2TYdnhNmZMAmoBbEynY]SPrdeF1KU5CreLH2TYdnhNmZMAmoBbEynY[/url]

Ofcourse you will have to find your own vanity address :p

coins101

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Quote from: coins101 on June 28, 2015, 10:43:24 AM

I think we need an update this week.

Will draft a summary for Tuesday.

Update:

https://docs.google.com/presentation/d/1QRZskvS6ekYSofsM5WsTQB3-gtHb2KCIymL90eqx_mQ/edit#slide=id.p

AnotherNode

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Nodes That Serve

Quote from: coins101 on June 30, 2015, 05:01:58 AM

Quote from: defunctec on June 30, 2015, 04:37:57 AM

Quote from: entropycoin on June 29, 2015, 09:23:05 PM

Quote from: coins101 on June 29, 2015, 03:07:41 PM

Running a bitcoin node on one hosted SPR ServiceNode should generate ~$5 / month profit at current SPR prices.

what am I missing? 30 percent of a block reward payout of 5.89 at an average of 1.5 payouts/day for 30 days= ~80 spr per node per month. .00008000*80=.0064 btc or around $1.50 month. If your vps costs $10, your earnings would be negative 8.50/month.

Your right...

I'v put the value of each SPR at 0.16 instead if 0.016!

The spreadsheet will have to be updated, and a cheaper VPS needs to be found.

Coins, didn't you find a VPS which cost $35 a year? 35/12=2.91, making the loss only $1.40.

SPR would need to double in marketcap for SN's to be profitable/breakeven.

I'm doing a phased growth in servicenodes and price. Numbers seem to work better!

edit

see sheet tab 2

https://docs.google.com/spreadsheets/d/1_h-vf1YOjXT9B1ELiOuRh8GG0OmsxSVwqwpEeJLcjIY/edit#gid=46989390

please check assumptions and calculations

I didn't check it, to be honest, but layout and numbers look good.

https://docs.google.com/spreadsheets/d/1_h-vf1YOjXT9B1ELiOuRh8GG0OmsxSVwqwpEeJLcjIY/edit#gid=46989390

AnotherNode

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Activity: 178

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Nodes That Serve

Quote from: defunctec on June 30, 2015, 04:37:57 AM

snip

Nice sig

Can you post the code? I'd like to use the same, without the typeo Grin

coins101

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Quote from: defunctec on June 30, 2015, 04:37:57 AM

Quote from: entropycoin on June 29, 2015, 09:23:05 PM

Quote from: coins101 on June 29, 2015, 03:07:41 PM

Running a bitcoin node on one hosted SPR ServiceNode should generate ~$5 / month profit at current SPR prices.

what am I missing? 30 percent of a block reward payout of 5.89 at an average of 1.5 payouts/day for 30 days= ~80 spr per node per month. .00008000*80=.0064 btc or around $1.50 month. If your vps costs $10, your earnings would be negative 8.50/month.

Your right...

I'v put the value of each SPR at 0.16 instead if 0.016!

The spreadsheet will have to be updated, and a cheaper VPS needs to be found.

Coins, didn't you find a VPS which cost $35 a year? 35/12=2.91, making the loss only $1.40.

SPR would need to double in marketcap for SN's to be profitable/breakeven.

I'm doing a phased growth in servicenodes and price. Numbers seem to work better!

edit

see sheet tab 2

https://docs.google.com/spreadsheets/d/1_h-vf1YOjXT9B1ELiOuRh8GG0OmsxSVwqwpEeJLcjIY/edit#gid=46989390

please check assumptions and calculations

defunctec

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Quote from: entropycoin on June 29, 2015, 09:23:05 PM

Quote from: coins101 on June 29, 2015, 03:07:41 PM

Running a bitcoin node on one hosted SPR ServiceNode should generate ~$5 / month profit at current SPR prices.

what am I missing? 30 percent of a block reward payout of 5.89 at an average of 1.5 payouts/day for 30 days= ~80 spr per node per month. .00008000*80=.0064 btc or around $1.50 month. If your vps costs $10, your earnings would be negative 8.50/month.

Your right...

I'v put the value of each SPR at 0.16 instead if 0.016!

The spreadsheet will have to be updated, and a cheaper VPS needs to be found.

Coins, didn't you find a VPS which cost $35 a year? 35/12=2.91, making the loss only $1.40.

SPR would need to double in marketcap for SN's to be profitable/breakeven.

coins101

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Activity: 1456

Merit: 1000

Quote from: entropycoin on June 29, 2015, 09:23:05 PM

Quote from: coins101 on June 29, 2015, 03:07:41 PM

Running a bitcoin node on one hosted SPR ServiceNode should generate ~$5 / month profit at current SPR prices.

what am I missing? 30 percent of a block reward payout of 5.89 at an average of 1.5 payouts/day for 30 days= ~80 spr per node per month. .00008000*80=.0064 btc or around $1.50 month. If your vps costs $10, your earnings would be negative 8.50/month.

Let me double check the original spreadsheet again.

I was also thinking after posting that we need to factor how many service nodes would be around as block rewards are phased in

entropycoin

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Quote from: coins101 on June 29, 2015, 03:07:41 PM

Running a bitcoin node on one hosted SPR ServiceNode should generate ~$5 / month profit at current SPR prices.

what am I missing? 30 percent of a block reward payout of 5.89 at an average of 1.5 payouts/day for 30 days= ~80 spr per node per month. .00008000*80=.0064 btc or around $1.50 month. If your vps costs $10, your earnings would be negative 8.50/month.

Ezravdb

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Trphy.io

That 1$ a coin will come for sure some day

coins101

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Running a bitcoin node on one hosted SPR ServiceNode should generate ~$5 / month profit at current SPR prices.

With SPR @ $1.01 ( Grin

), each Bitcoin node should earn around $70/month profit - 100 ServiceNodes at this rate and you can give up work.

https://docs.google.com/spreadsheets/d/1_h-vf1YOjXT9B1ELiOuRh8GG0OmsxSVwqwpEeJLcjIY/edit#gid=1994079775

Thanks to @defunctec for the source spreadsheet which I have edited a little.

edit

This is before any share of revenue from data mining - just share of block rewards at 30%

coins101

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Quote from: georgem on June 28, 2015, 11:04:03 AM

Quote from: coins101 on June 28, 2015, 10:43:24 AM

I think we need an update this week.

Will draft a summary for Tuesday.

Yes, please do so.

I will also finally release the wallet for win, mac and linux and on github.
I hope to finish it by tomorrow.

Maybe soon enough to make it into your draft.

Update done, waiting for comments.

You can link to it when you want Wink

georgem

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spreadcoin.info

Quote from: coins101 on June 28, 2015, 10:43:24 AM

I think we need an update this week.

Will draft a summary for Tuesday.

Yes, please do so.

I will also finally release the wallet for win, mac and linux and on github.
I hope to finish it by tomorrow.

Maybe soon enough to make it into your draft.

coins101

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Merit: 1000

I think we need an update this week.

Will draft a summary for Tuesday.

zeca pagodinho

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Quote from: happyaltminer on June 27, 2015, 11:40:51 AM

Try to access the hyperlinks of the old discussion(some of them do not work), this is one of the reasons for developing a new wire. Wink

CHAOSiTEC

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Quote from: happyaltminer on June 27, 2015, 11:40:51 AM

This is a FAKE official thread!!

why is it fake? Mr. Spread disapeared, so the community took over, nothing fake about that...

happyaltminer

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Activity: 140

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This is a FAKE official thread!!

Topic: [ANN] SpreadCoin | Decentralize Everything (decentralized blockexplorer coming) - page 270. (Read 790414 times)