Table of Contents
The Inception of Sao KDA Titan Timepiece and Flux Proof of Useful Work
The Sao KDA Titan timepiece is a unique innovation in the watch industry. This distinguished timepiece, the first ever NFT watch, serves as a weapon against the counterfeit watch market. Each watch has its unique authenticity secured through its paired NFT. With each watch comes maintenance records and historical data stored on the Cadena blockchain.
It is a significant gift for your children who may inherit that crypto family legacy. All details about the Sao KDA Titan timepiece are available in our video description.
Discussing Flux Proof of Useful Work with CEO Daniel Keller
We recently had an enlightening session with the CEO of flux, Daniel Keller, where we discussed the future of proof of useful work. Our determination to provide our miners with the best knowledge and tools pushed us to dig deeper into the subject. The main advantage of flux’s proof of useful work process is its capability to provide a giant amount of computing power—something that Keller referred to as a “compute marketplace.”
Flux’s Compute Marketplace
This marketplace’s intention is to cater to organizations or groups that need compute power for a certain duration. The best example is chat GPT, famous in the AI sector and a technology loved and used by many, including us. Chat GPT often faces bottlenecking issues due to high demand; however, flux’s proof of useful work will soon mitigate such problems.
Flux for Chat GPT
When chat GPT faces high traffic, it can utilize the compute power offered by the flux platform. Flux, with its proof of useful work, contains a large amount of GPU power ready to address the additional computing requests. This method will significantly reduce the bottlenecking and streamlining issues faced by chat GPT.
Flux for GPU Miners
For our miners, 80 percent of whom are currently on the Flux, there doesn’t appear to be much change on the horizon. The flux proof of useful work technology is explained simply: you’re mining flux, and when the demand for your compute power arises, you’re shifted from the flux Network. Your GPU is used to perform the required compute request, and then settles back to the flux Network after the task is done, not without rewarding your efforts with Flux.
Will the Old Hardware Benefit?
Old Hardware to Flux Proof of Useful Work
One appreciated attribute about flux’s proof of useful work is its versatility. This technology accepts a variety of different hardware. So, remember the old 4 GB GPUs or old servers you kept locked up in your garage? Flux’s proof of useful work could potentially give these devices new life. This means flux is not only after modern and advanced hardware but can also utilize older devices, though the performance may vary.
Flux Proof of Useful Work with CPUs
Apart from GPUs, CPUs that cannot mine flux will also get points in the useful-work pool. The platform is set to accept FPGA as well, though ASICs remain out of bounds for the system.
Flux’s New Windows Application
Flux has come forward with a user-friendly Windows application that enables simple participation in proof of useful work. This will enable beginners and seasoned miners alike to mine flux with the ease of hitting a play button. It’s a system designed to get the best use out of idle hardware that would have sat useless between inactive periods.
Further Questions to be Answered
This innovation has triggered a heap of queries about the technology’s specifics and nuances. Whether it’s about opting in or out, understanding how the poolside system works, or speculating the possible payment for parallel assets, the questions are endless. Hardware requirements, especially regarding supporting bandwidth and the relevance of GPU risers and ribbon cables, also remain matters of interest. These topics and more are in line to be discussed in our future sessions.
Concluding Thoughts
The prospect of providing a compute product at a high level using both current and old hardware is exciting. Flux proof of useful work could revolutionize the way we utilize our idle hardware, becoming a game-changer in the crypto mining sector. With several questions yet to be answered and technology constantly evolving, we remain on the edge of our seats to see what flux proof of useful work will offer in the future.
In our next video, we’ll discuss the topics left unanswered and hope to shed more light on this cutting-edge technology. Meanwhile, our video on the basics of mining and the current state of crypto, where we enjoyed some cigars and drinks, is available for viewing in the link below.
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📺Live Stream with Daniel Keller at a Cigar Bar in Gettysburg PA https://youtube.com/live/S4S9z_YhVh0?feature=share
It's pronounced zee-on – Xeon, it's not a gas.
Folding at home had HUGE compute power during the Covid research surge but zero profit that may be why after the danger of Covid subsided, compute went way down and still is today. If a platform can be developed that will sustain a huge compute base on standby then any scientist or engineer that needs resources can apply it will better humankind. But we'll see how AI/encode work will be prioritized over other requests
Wait @10:44 are you saying the gpu will use 100% of their power draw or just use the entirety of the gpu silicone?
to correct, STANDARD risers will not work because they are running x1/x4. Will need at least x8 which are those Risers with the Ribbon cables as Hobbyist references here. They were much more pricey and messy to work with. These were a thing when 3060s were still locked into LHR but with the dev drivers and x8 could circumvent around the LHR.
This is very exciting! thank you for this video
YES🤙
Dan Keller is cringe
Dynex is already doing it. I wonder how many companies actually use Flux cloud storage? Or is it just hype?
oh ps we mine on one algorythm or another, it wont change anything given you cant add any more algorythm's LOL
1:27 into the video and I already know its bs… proof of work (sha256 algorythm) is the exacr same as saying your turning in usefull shares instead of bad ones.. ps they dont accept bad shares hence this guys explanation is POINTLESS…
How it moon? 🙃
now change electrical rates xD
How iS your FLUX mining going? Is it profitable at this moment?
I think that fluxs POUW is going to not be the success people are hoping for. Let's be honest other networks have been solely dedicated to this for a while. And the new projects are already functional so why is it that flux has not deployed this already? It seems to me that they have lost a race that they were already behind on. And furthermore why is it that we are not seeing the pump on flux and ergo that we are seeing on all the other cryptos not even just POW let's be real if I had bought solana at the beginning of the year I would be up more percentage on my investment. Delayed Return on investment is not really a sustainable business model especially if the return part doesn't happen. It really is too bad I had high hopes for flux, but the simple fact that I can't control my keys fully outside of zelcore is a big NO THANKS for me
Does anyone know how flux will protect to miners when malicious actors launch thing on the network that on running on your computer. Ddos, illegal websites etc.
Will that be hand to hand with normal mining or will it overtake pow?
Something similar like when we shared our gpus power to find cure for covid?right?
Would want to know if 16x riser setups might work. I have a server that uses one.
I dont see the point.. if its outside the network how does it help the network? Sounds a bit excessive
when will they be testing for POUW? I imagine ordinary MBD will be more useful for this since most have 4x-16x pcie slots.
I like flux, but I don't like this shilling crap. I want results on Proof of useful work… as it is the flux halvenjbg ruined the token for me. I'm now starting to realize, these high power algos are not the way to go. Kaspa and maybothers have faster networks with far lower power usage.😮
You still have no idea what you are talking about do you?
mining is dead
No risers?. More power?. This is the worst idea. Now we have to buy more hardware?. What a joke. Flux is losing me.
People have spent thousands on hardware over the years and now will we need more ? And using the whole gpu will create more power usage at s time where power costs are through the roof.
Flux is gonna kill itself.
This isnt good news at all
Some people are to smart for their own good.
the problem with holding flux is your share becomes smaller over time comparing to stakers' whose share grows as they get staking rewards
How about overclocks? Same OC for POUW AND POW? Or we will need to set power limit to 100?
I have a motherboard with 3 Pcie x16 slots just sitting doing nothing. May be it will be perfect for the POUW stuff.
Sounds like SLI and Crossfire is going to become popular again X570 that supports 3-way crossfire with come in handy, but i wonder if my FX890 am3+ that also suports 3-way crossfire. Great Content thanks
if I have not misunderstood the current nodes will not host the video cards and will do the job but they will be new machines different from the current nodes that will be used for the POUW
Problem with this whole idea is if it works as well as they hope any large server provider with capacity will just be jumping on board. Like using a single Bitcoin asic home miners will be just priced out by scale
quality info. thanks man
Dynex has the same POUW method no?
Hopefully this will be profitable with electricity costs.
Good video – Do you have a directional feel (don't need weeks or months, quarters is fine), for when this is going to get rolled out? 4Q23 for testnet, 1Q24 for mainnet….. that kind of thing?
I think the real question is not for the Flux team but the Octominer team and other riser-less motherboard manufacturers. How many PCI lanes are available to the GPU, x1, x4, x8 or x16?
If a 1060 is applicable, then I expect PCIE 3.0 will be acceptable.
So is POUW like Folding at Home? Sounds sort of like that for miners.
Heard that octominer planing to make new server cases for Gpu miners, which support proof of useful work. Like imagine an octominer 8x with intel core i9 and 64 gb ram. So we will see.
Integrate with ChatGPT or another big tech
mate you wont need parallel assests to be paid as Proof of useful work will pay double of what we earn now. 😀 lol
Yes and no Hobbiest, the old hardware will not able to cope with any of the work coming from proof of useful work. they will need more 16 x PCIE lanes to provide that computing power. You cant just throw mining rigs to the pPProof of useful work, cpu and ram wont be able to handle it. I know what Daniel Keller trying to say in there but its not that easy by simply building a flux rig. You will need higher cores , 4 cores minimum and you will need 4 way 6 way configurated GPU's. So perhaps a gaming pc can handle that kind of work but not the mining rigs or fpga's in that regard. The work will come as rendering, ai, or deep learning as far as i follow it. SO PLEASE CORRECTED IT, The normal mining rig WONT able to handle it mate. May be rigs with 4+ core Cpus but nothing else. Mining rigs cant even handle the work load of Dynex. 😀 lol
Great video Hobbyist! PoUW is just more proof that Flux is going to be around for the long run. Another real use case and another way for us to earn Flux. Also I am sure DK will come out with all the answers we need in time for us to be prepared hardware wise.
I just got some octominer fml
So exciting.. So many questions!! lol
Do you know any motherboards with lots of X16 slots for the ribbon cables?
Can't wait! This next bull run is going to be very interesting!