Episode Transcript
[00:00:00] Out of cycle update.
[00:00:03] Let's hope that Vos Coin sees it. CryptoTalk FM My name is Leister, I'm your host providing a secondary update. As the Block Dag team just posted a couple hours ago, the X10 miner demonstration that they promised.
[00:00:16] I'm going to criticize their use of piss poor Internet once again. It's clearly filmed using a tablet, that's obvious. And whoever it was that was doing their filming needs to take some classes on how to do filming properly. I also questioned their room setup, but I'm, you know, whatever. Anyway, this X10 miner, for those that don't understand the X10 because the question came up during this. It's an AMA type deal. The question came up of what's the difference in the X10 is a form of engagement mining, but it so happens to not need a mobile device and they estimated up front. And Anthony Turner said this in response to a question which was that it was at launch, it's supposed to mine 200 block dag per day and as difficulty increases, that number would decrease. Now I want you to put something in perspective here.
[00:01:04] 200 block dag a day. Let's give them the benefit of the doubt because I don't think they'll hit this number, but let's give them the benefit of the doubt. Let's say this thing hits a penny, okay? So if it hits a penny, right? So two bucks a day, $2 a day, is that doable? Is that possible?
[00:01:20] I'll remind people, when I was mining Ethereum and Ethereum based tokens, I could get three bucks a day. However, that was using my Beast Mode gaming PC at pretty full. I wasn't overclocking it, but that was using my Beast Mode gaming PC. This device, it Again, I said it looks like a nest. That's what it is. So I. The reason I hope Vos Coin sees this is so that you understand, apparently they have something because the way this came across, I don't. I would argue this was not faked. Could it have been, you know, pre recorded footage or something? Maybe. But this isn't as bad as that other one with that other guy where it looked like it was just, you know, transposed onto the screen. This was run through and you can tell it's actually legitimately doing something. Now what is it doing if the blockchain's not live? Could have been against testnet, we don't know because you can set up a note against testnet now that's part of one of their things and they Talked about leaderboards and gamification and all that because they had a contest to set up a node. I actually set up the node. I went through the process. I thought it was crap, but I went through the process. So it really is a thing. Testnet's a thing. There's people putting out games that are based on the block dag primordial. So we know that that's real. The test parts real. Okay. We don't know what the main one's real, but as far as what I saw on the X10, it looks like a legitimate something. From what I could see, it's hard to tell because again, crap Internet. But from what I could tell, it looked like a legit something.
[00:02:42] Now, the decrease over time, 200 and decrease over time. I questioned the amount of BDAG sustainable for a device that small and power consumption. Somebody asked and he said something to the effect of, you know, you'd probably bought a dollar every six months. Well, if it's that underpowered, how are you able to pull out that much block Dag? And it may be just the supply that's available that makes that supportable. I just.
[00:03:08] There's no way you're gonna be able to hit that kind of a price. I'm sorry, if you're mining $200 a day, it's not sustainable. It just isn't. So I'm putting that out there as my stance that let's say they do launch this thing. There's no way you're gonna be able to make, you know, two bucks a day on a device that small on a sustainable basis over time. It's not gonna happen. That price is gonna crap. And so you might still get 200B dag, but it certainly is not gonna be worth two bucks a day. I would argue even weeks out. Like, there's no way. I say no way that happens. Second, there was a point where a question was asked about the engagement, because it's engagement mining. And so Anthony Turner basically said you had to reboot the device every 24 hours. And I'm like, wait a minute, what the other guy, I forget his name. Cmo. He clarified. It's not that you have to reboot the device.
[00:03:57] It is that you have to tap on the device's screen to mine for the new 24 hours. So it's a 24 hour interval that's programmed and then every 24 hours you got to tap it again. And you cannot do this from the mobile interface. You have to do it for the device, which was by Design. This is what they said. I'm paraphrasing, but they. Anthony Turner is making it seem like that that tap is the engagement that you're engaging by tapping. You're engaging by engaging with the device so that you can't cheat it. Right? You can't script around it, you can't set up a macro on your phone. You can't cheat that. You have to actually engage with the device. Well, think about this for a second.
[00:04:33] Why would you want to force people to do that? You would want to force people to do that because there's something that that device needs to be doing under the hood on behalf of the blockchain, presumably. So that's a fascinating thought. And they straight said, this is the engagement. It's not the. It's not what it's doing, it's you doing. The action that does the. That's the engagement that we're farming off of you is to engage with this tap device, just like on the mobile side.
[00:04:57] So that's the difference. And they said that you can tap in multiple X1 and X10. So you can have multiple X10s all connected. And it goes through. There's a QR code. It showed the QR code. I read it. You can pause the video. It's crap quality, but if you're good enough, you can pause it. You can read the QR code with your device of question and it will show you the network that it's connecting to, which is a local network for the device, same as if you're pairing a hardware wallet. Same process. So it's a legit QR code. You. It actually says block dag in the text string. Now, could they have fabricated it? Absolutely. I'm not suggesting it is real. I'm saying it looks pretty damn real. And if it's not real, they put a lot of work in. That's what I'm saying. Check out the X10 minor video. I think it's worth watching for anybody who's on the sidelines curious about it. And of course, we still have the X30 and X100 that are open questions because of the whole IB link. And vos Coin, or someone purportedly being Vos Coin, responded on one of the videos and said that Ivy Link got back to him and said that this is not a legit partnership. Maybe it's not. I suspect that the marketing team is screwing it up. They're putting out whatever BS and it's killing the business. That's my theory. Because the technical side, anytime they do a thing. They've not done the AI video in a long time. It's been real people doing real. So I'm still fascinated and I will continue to be fascinated because I want to see what launches on this. Something's going to launch because they're doing enough where something's going to launch. The question is, does it. How does it launch what they say? Right. Does it have everything that they claim? What is this really going to be? I'm still going to watch it, but I recommend you do watch the X10 video. Not to try to sell you on it, but just so you can see what that device is allegedly doing and kind of get a sense of what it is. And it may be a bunch of bunk, sure.
[00:06:39] But I think it's worth anybody paying attention. Just forewarned. It's crap Internet, it's crap camera quality. You're not going to be impressed by any of it in this day and age, you know. But I think it's worth at least taking a look and I did mention to Binance stuff, take a look at it. I think it's worth looking at for anybody. Whether you're critical of them, you're skeptical of them, whatever. I think it's worth taking a look at it, understanding this is not real mining, it's engagement farming. It's a TAP device. Anybody could create a TAP device. I'm saying I'm skeptical of a sustained 200 block dag at a price point that would yield at minimum $2 a day. I'm skeptical that if that is the case, that it sustains for the long term.
