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INCA Farming = Become a Cloud Service Provider
The process of farming consists of a person or a company offering compute, storage and network capacity to the network.
- Farmers buy INCA Nodes
- They connect the INCA Nodes to internet and get rewards for providing capacity
- Farmers earn rewards mainly for utilization, but there are also lots of rewards available for providing capacity.
- Farmers help their community to get access to sovereign Internet and cloud applications on an unbreakabale and co-owned Internet and cloud.
Income for the Farmers: Mainly Based on Utilization
The farmers make capacity available and specify their price.
The recommended pricing is:
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$0.1-10 for AISlice Capacity (GPU Nodes with lots of memory, cpu for AI workloads) (per hour)
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$0.005-4 for CloudSlice Capacity (VM, Containers, Kubernetes, ...) (per hour)
- Options: $0.005-0.02 for 1 GB Storage (per month)
- Options: $0.01-0.2 for 1 GB Transfer (bandwidth)
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$0.005-4 for CloudSlice Capacity (VM, Containers, Kubernetes, ...) (per hour)
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$0.2-2 for Storage Box (100 GB of storage) (per month)
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Farmers can also make money with other services e.g.
- $0.01-0.2 for 1000 messages over LoraWAN (long range wifi)
80% of these fees goes to farmer, 20% to the *TFCOOP, exception for a twin which is split 50-50%.
Farming Boosters = Additional Rewards for Providing Capacity
Our aim is to have millions of nodes in the field to eventually create the biggest network of Cloud & Internet Capacity in the world.
There are Farming Boosters (additional rewards) available for supporting special locations, providing more uptime & SLA's, etc.
Cells get colorized in line with the service needed:
- Green (enough nodes, no rewards)
- Yellow (can use some extra nodes)
- Red (let's do it, this region needs help)
For red cells, the additional farming booster reward is the highest.
How to Become a Farmer
- Buy a *INCA NODE (Compute/Storage/AI node) or *INCA ROUTER (Mycelium Network Node).
- Assemble your own node
- Our software makes it easy to get started. Check ThreeFold v3 for more info.
Rewards for Being a Farmer
Typically a Farmer can earn the investment of their node back 2 to 10 times over 5 years if successful.
For a simulation, consult this document.
Farming Pools
Some farmers will chose not to manage, market or operate their 3node, in that case they can join a farming pool.
A Farming pool takes care of
- Marketing the capacity
- Giving support to the userbase (developers)
- Managing the best possible pricing
- Monitor all nodes and optimize uptime
- Monitor available bandwidth and make optimizations where possible
If a farmer uses a farming pool, they will have to give a part of their reward to the farming pool, each farming pool can decide how much that needs to be.
Remarks
Network Rewards requires Unblocked Incoming Internet.
Incoming Internet traffic should be enabled to earn rewards from network bandwidth.
If a farmer lacks this capability, their INCA Node will connect to a neighboring INCA Node with good internet connectivity and public incoming access. In this case, the neighbor farmer will earn money from the Internet traffic, while the farmer will continue to earn rewards for compute and storage."
All traffic is end2end encrypted over the Mycelium network = our P2P Network which lives on top of current Internet.
There are 3 ways incoming traffic is possible.
- IPv6 public ip address available
- IPv4 public ip address available (harder)
- Portforwarding or hole punching support for UDP.
Mycelium will try a lot of tricks to allow traffic to go to your network.