Theta Network (THETA and TFUEL)

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more. You can visit the forum page to see the list of forum nodes (categories/rooms) for topics.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

Does this computer need to be a fancy high-end system? I have a couple workstations here that are no longer being used, at least most of the time. Wondering if they would be decent enough to bother installing the software.
 
From the link in post #6:
I have the Edge Node running on a laptop that does not have a fancy GPU or multiple CPU cores and it runs fine (thought the rewards for the new 3D jobs are half of what my CUDA enabled NVIDIA GPU machine is earning). If you are using Windows, you need Windows 10 or 11 IIRC. Basically, if you can install the software and run it, you are good to go. Doesn't hurt to try.

I don't know if this new 3D job queue is hitting on a high rate that will settle down later, but right now, the Edge Node software is earning more TFUEL than at any point in the previous 2 months. It's worth giving it a shot right now IMO.
 

 
3rd payout on my Theta stake just hit. This one took a little over a week from the last one. So far from the moment of staking, my payouts have run 3 days,, 3days, 10 days. Average seems to be around 5 days apart so far. It's a weird system with unpredictable payouts.
 

Just got another payout - 2 days after the last one.
 
Following the twitter conversation I had with ThetaNext (mentioned two posts up), I staked 10K TFUEL to the Edge Node I have running on the CUDA enabled GPU computer. ThetaNext wasn't kidding. That machine is getting a lot more jobs now and the payouts for each job are also higher.

Job TypeEdge Node Reward (non-CUDA)Edge Node Reward (CUDA)Elite (Staked) Edge Node Reward (CUDA)
Lavita AI0.2 vLavita0.2 vLavita1.98-2.2 vLavita
Video Encoding.09-.108 TFUEL.09-.108 TFUEL.101-.12 TFUEL
3D Rendering.048-.052 TFUEL.099-.104 TFUEL.146-.157 TFUEL

This morning, I also received my first TFUEL payout from the TFUEL stake. I'll try to calculate an estimated APY/ROI for the stake after I get a bit more data.
 
Last edited:
Just finished watching/participating in Theta's AMA. They talked about a bunch of things and demo'd a pretty cool new tech. I took the following notes:
  • Edgenode for Android in weeks - Cell phones, TVs, tablets, etc. will be able to download a Theta EdgeNode app and complete jobs for the network
  • Sketch to 3D GenAI coming - This was cool. A tool to aid in 3D modeling can take any image (even one generated by another AI) and build a 3D model out of it that can then be fed into 3D modeling software (or printed to a 3D printer!)
  • Llama AI text to image enhanced? - I didn't catch exactly what they said on this one, but it sounded like another AI tool is in the works
  • Currently clients pay Theta Labs for cloud computing (with USD). In the future they will pay the system directly (and with TFUEL or other tokens)
  • Dialogue ongoing with Coinbase to get listed - It was clear that they were not at liberty to talk much on this subject
  • Working with Ledger - solution coming in the Fall for managing Theta and related tokens with Ledger devices
  • Edge Caching was folded into video streaming system, Edge Cache section in the Edge Node software to be removed
 
I forgot to make a note of it as it was rather quick comment and I didn't really understand the significance of it at the time, but they also mentioned in the AMA that they are working with Amazon Web Service now. I just saw this tweet that puts the comment in perspective:

 
You must log in or register to reply here.
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more…