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Absolute nonsense. If someone could make this device and run it cost effectively, what incentive do they have to sell it? Last I checked, the only place to mak
by dual_basis 7y ago
Absolute nonsense.
If someone could make this device and run it cost effectively, what incentive do they have to sell it? Last I checked, the only place to make money on crypto was certain areas in China with very low electricity costs.
- Feeble 7y agoThey say that it is not mining, but rather doing transactions on something called Incognito network? Or maybe I am misunderstanding it. It does seem really sketchy though, they are all over the place. They say they use Proof of Stake, but BTC is not PoS. And not sure how that ties into this little gem: "Node earns Incognito’s native coin, Privacy (PRV)" =)
- gus_massa 7y agoI guess you may earn some transaction fees (it's not clear what %) but you always(?) earn their crypto currency PRV. You may exchange PRV for other coins in their exchange. It's not listed in coinmarketcap (perhaps because the net is not even active) so it's difficult to know the price. I'm pessimistic, so I'd probably use approximately $0, but sometimes the word is irrational.