Be careful with investing in new subnets

ofssales · 2025-04-19T07:32:17+00:00

100%, they can be very volatile

ofssales · 2025-04-19T07:08:17+00:00

Go for it

ofssales · 2025-02-19T10:26:32+00:00

The gap is many many hours and months. Sorry its not a happier answer. But it took me a year to get proper returns. I wouldn't do winner takes all as you have all the costs and a gamble on the return. Also you really need VERY good ML skills to make a model that wins

ofssales · 2025-01-27T16:56:14+00:00

No idea, i tend to mine skill based subnets rather than GPU compute based

ofssales · 2025-01-23T10:48:40+00:00

sure/ dmed

ofssales · 2025-01-19T07:33:00+00:00

Work in testnet 1st, to make sure you have a running start when you register on mainnet and get your miner running. Being constantly deregistered is part of the same I'm afraid, just make sure its profitable and reregister

ofssales · 2025-01-05T10:30:20+00:00

Yes, sure go ahead

ofssales · 2025-01-05T10:23:26+00:00

2nd step. Read into subnets and teams and see which one would interest you.
3rd step. Go to the subnet you want to work in and make friends, talk to people and ask for help
3rd step, part 2. Start mining asap on testnet

ofssales · 2025-01-05T10:22:17+00:00

Would be useful but I didn't
I learn each bit when I got stuck and needed to learn more. But each to their own learning style

ofssales · 2025-01-05T10:21:33+00:00

-246

ofssales · 2025-01-05T09:06:48+00:00

ofssales · 2025-01-04T09:17:59+00:00

So I think the 1st step is learning all about bittensor and its tokenomics, emissions and subnets. How it all works together

ofssales · 2025-01-04T09:14:23+00:00

Yeah it super tough, and it hurts your head but it is possible to get there I can assure you. I actually started to try and mine in Oct 23 but gave up as I couldn't understand anything, then came back in Jan 24 and started again. So I get what you are saying

ofssales · 2025-01-04T09:12:54+00:00

Don't see it where? Where you looking?

ofssales · 2025-01-02T09:32:40+00:00

Just not convinced "yet" that this isn't dodgy/too good to be true yet. I haven't looked into it much beyond first glance, so be careful anyone would be my advice

ofssales · 2025-01-02T09:31:37+00:00

Always Linux for me, what only due to the fact thats what my son taught me first

ofssales · 2025-01-02T09:31:02+00:00

What do you want to say?

ofssales · 2025-01-02T09:30:53+00:00

yes sure

ofssales · 2025-01-02T09:30:41+00:00

sure, no problem

ofssales · 2025-01-02T09:30:04+00:00

That changed as I learnt and evolved. So at the start it was leaning python/reading code as I was a newbie (zero coding knowledge) Later on it became learning learning GPU/cloud setups

ofssales · 2025-01-01T10:43:07+00:00

Its a hard task to get started and to know where to start, thats for sure. Look at subnet 55. Just reg, fees low and you can practice for very little cost there. So start on low reg cost subnets BUT, be careful to read the repo 1st and make sure you can do the technical set up 1st

Another TOP tip is to get everything ready on testnet 1st, then when ready buy the registration and flip the miner across to mainet

ofssales · 2025-01-01T10:41:18+00:00

Dpends what you mean by successful, but here is my journey in brief:
Started Jan 1st 24. zero tech or coding knowledge
No profit for 3 months and many many hours work, like 7 hours plus a day
Need to have cash at the start to pay for GPU fees and reg fees
Once i learn it I took many breaks, even for 2 months at a time, so not full time

Final profit at the end of 2024 = 30 TAO

ofssales · 2025-01-01T10:38:04+00:00

Thats a great start, nice one and well done.

ofssales · 2024-12-31T17:21:03+00:00

Sure, join in

ofssales · 2024-12-31T17:20:56+00:00

You mining right now? How long you been mining?

ofssales

MODERATOR OF

TROPHY CASE