REN Darknode

Well boys, things are looking up for us.

I'm wondering when the rest of this place will catch on?...

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Other urls found in this thread:

mainnet.renproject.io/
docs.renproject.io/darknodes/
twitter.com/SFWRedditVideos

99% here are too poor for a node. Totally validates Loongs concept to keep trashy lower races out.

Now, lets just say if some cryptolet walked into this thread, Where would you tell him to buy ren?

I use uniswap. I think it's the only place r/n.

>19913271
I can hardly get a node, but I will sell it anyways because crypto always gives really good valuations for projects.

what's the recent pamp about? i keep meaning to put some eth into this, but i need a push. i like the idea, but are there any partnerships or news lately?

hard to buy into something already 933.6% from lows

The recent pump it strictly due to network usage.

mainnet.renproject.io/

If you poke around there you will find that ren went from 0 to 700 bitcoin real quick. And that its current monthly return is going to be about 30-40/month, which gives it a 20x valuation already. Any new volume therefore gets reflected straight into the price.

Makes me sad too..... I didn't know about it till 10 cents, but I always hop on if I think something is gonna go up so I just swallow my pride. We are at a price minimum right now, 20x valuation, which makes me pretty happy, I don't have to worry too much about it dipping.

Forkdelta ?

unlike nearly any other token project, ren has no value outside of what you earn as a node operator. those tokenomics are deliberate to keep value rising as usage rises and thus to provide more stake to network.
its a smart plan that says good things about long term prospects of project.
in time, the token value will be a simple factor of monthly earnings....so say 10x earnings or whatever valuation model you think the market would use....

I think 10x is low for a proven crypto project. I honestly think if this takes off we could see more akin to 50-100x. Multiply that by whatever volume we are going to see in a few months and you literally have a possible moonshot. Like, Nano levels of moonshot

Fuck man I'm never gonna get a full node if it keeps pumping like this

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Assuming the following: there are eventually 3000 nodes, we get 100M volume daily (both reasonable expectations).
This would yield 0.1 btc per month per node (1.2btc per year). If btc goes thru another 5-10x jump then this is massive income stream.
Further as you said, REN will get priced as an alternative to mining....that is miners will start to sell mining rigs to buy nodes since the returns are difficulty-proof.
This means that yes, 25-50x valuations are possible.

I shilled ren here in 2018 and 2019 when it was between 3 and 1.5 cents and I was called a pajeet. Well, who's gonna be eating rice and curry now?

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i bought at around 2.5 cents when i saw it mentioned here in august/sept '18. if that was you, thanks user!

I remember salty ICO buyers brigading every fucking thread when it was between 10-20 million market cap
>it will never have volume!
>nobody will ever use it!
>chink scam!
yadda yadda, fucking hilarious.

That was probably chad thundercock

If it was you shilling it in spring of 2018, I owe you. That's when I started buying and I only stopped end of 2018 after I had my 3 nodes.

I got in at around july 2018 after the massive ico dump and dca'd till it reached 1.5 cents when btc dumped to 3k and many suicides happened

i'm a poorfag, no chance i'm getting darknode status.. are there shared pools?

yeah also interested in pooling

How is a 2k stack? I've always liked REN, but ended up going with chainlink. What's the chance this goes to $1 in a year? I might try to get to 5k if shilled hard enough

divs are already so high that you'd earn 10-15% per year at the current price, with like zero of the upcoming integrations, so price is going up

this dark node is by far my comfiest hold, even if all other shitcoins fail me

I've got 450k tokens and wish to stake but have no interest in learning how.

Please provide services in exchange fro some of my stack

docs.renproject.io/darknodes/

just use their official docs user, i could not possibly describe it better, they are not bloated at all.

go with digitalocean as it's the most brainlet friendly. you literally paste one line of code to set it up.

just follow it step by step and remember - although the docs remind you of this - do not send your ren directly to the contract address. they will be lost. in brainlet language: at no point in the setup process do you type a number of coins to send somewhere, or paste a recipient address. you interact with your node on its web url in browser by clicking buttons, where metamask comes up, as you're used to from all the uniswap stake games.

some brainlets in the telegram keep sending their ren to the contract address directly. wonder how much of the supply is already locked up by that.

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the longest part of the whole thing is registering a digitalocean account with your billing information, you won't want someone from Zig Forums doing that for you kek

Thank you fren. This will be my first time staking anything, much appreciated

I have 4 nodes but don't like the thought of sending my coins out of the wallet for staking, scared i'll fuck it up - wish they provided a service where they did it for you

Are 20K REN enough to make it?

I'm running 4 dark nodes right now, it was easy as fuck to set up. I've already earned 60+ dollars - 20 dollars hosting fees for the nodes it's 40 dollars profit all in pure bitcoin and its barely the first month. Not bad in my opinion.