Good for you the deployer, bad for Geodnet’s product that they sell to customers (which is needed to buy-back-and-burn tokens, which helps you, the deployer)
Good for you the deployer, bad for Geodnet’s product that they sell to customers (which is needed to buy-back-and-burn tokens, which helps you, the deployer)
What you are actually saying is the average number of satellites any miner should be required to see at a given time should be decreased to help more miners achieve 98%….. Did you know in North America this number was recently reduced from 30 down to 29?
How would a customer of the GEODNET RTK service feel if they looked at the local base stations that provide corrections and saw a “high performing” station can be as low as 80%… not great metric for trying to communicate reliability to customers. How would folks feel about using Verizon if they advertised 80% performance as high quality?
For the average homeowner living in a neighborhood with at least a few trees, other buildings around, the 98% RRR to get the NFT is impossible to achieve. I understand GEODNET wants the best configuration possible within a hex, but sure would be nice if the NFT could be granted to first station with a lower RRR, maybe 80%. My hex is in a suburban residential area that has a very homogenous landscape so I doubt any other stations would be able to get above the 98% threshold. You might get more buy in if the NFT was easier to obtain.
Fry
BrushO
Helium Wifi
ENTROPY
Aethir
Still very new to mining, learning, and trying to make sense of how it all works. In addition to having a station, I am also a GEODNET customer, using their RTK network for utility mapping using GPS. Part of the reason I invested in a base station, and become a customer, was to obtain centimeter accuracy for mapping. As a customer, I wanted to have any station available, even if not categorized as “high performing”.
From the GEODNET website, “The GEOD Location NFT is an ERC-721 token used by the GEODNET community to incentivize highly active miners” and “The GEODNET Location NFT is an important tool that incentivizes even geographical network coverage.”
So the missing piece for me is how does not providing an NFT for my station, (and others that will never be able to achieve the 98% threshold due to their landscape) “hurt” the overall network, when the point of providing the NFT is to “incentivize even geographical coverage”?
I am lucky enough to have been able to invest in the station, knowing I will likely never obtain a ROI, because I believe in the concept and want to support it. The thought I was trying to express here was - if the point of the NFT is to “incentivize even geographical coverage”, why not make the NFT easier to obtain, thereby making it easier to get the ROI, and increase the chance more people would be willing to take the leap and invest.
Clearly I am missing something.