How quickly things can change. Just a year ago, my business partner, OptDyn founder/CEO Alex Karasulu, and I were at a non-tech conference talking to some folks about the Subutai Blockchain Router. Quite a lot was happening in the crypto/blockchain space, with much of the opportunity being marred by the shillers, hucksters, and scammers whose fake companies and products would never be able to fulfill their promises.
Greed was the worm on the hook that snagged so many. These Johnny-come-latelys pitching potential investors about their deep knowledge of a relatively nascent sector was puzzling. Even more so was how we’d hear about a product that was “so close to launching”, with the “only” missing factor being having an actual team to build it.
“No, no,” we thought: that’s not us. We weren’t interested in playing this game. OptDyn had entered its 5th year of operation during the peak of the blockchain/crypto hype tidal wave last year. We were weary of partners who dropped out of sight, service providers who couldn’t deliver, manufacturers who were continually delayed, and “funders” who tried to unload worthless tokens from some other investment on us.
We didn’t want to risk decades of expertise and our reputations getting caught in this rabbit hole. So we sat tight, eradicated any ideas for an ICO, and went into heads-down mode. We quietly worked, and hit our milestones along the way.
All the while, some new story about a failed project, useless crypto asset, or illegal activity would emerge. And we were that much closer to realizing our vision.
“We gotta keep going,” we’d urge each other.
Last week Alex and I returned to the same conference. The air was thin with dramatically fewer tech players, and even thinner with those having real products.
There, we launched pre-sales of the Residential Edition of the Subutai Blockchain Router. Opening the Router’s pre-sales is the biggest moment in our company’s history to date. With a lot of moving parts and myriad ways this could have gone askew, we stood –and continue to stand– firm in wanting to bring the best possible product to the market.
Saying No to No.
Ten years ago Alex was asked to help a multi-million dollar defense project solve an “impossible” requirement. His answer to the problem was Peer-to-Peer Cloud, and, with the client’s blessing, OptDyn was founded to commercialize select components that form the Subutai platform.
Since first announcing Subutai, we have had our fair share of folks giving us the side-eye. After all, Peer-to-Peer Cloud is not yet an everyday concept, although it hasn’t stopped the Big Cloud players from dropping by to kick our tires. Welcome.
We’re known for taking risky moves that often lead to great rewards, as it’s the right thing to do.
Pressing on in the face of “that can’t be done” and “that’s not for you” protests takes audacity and conviction.
Not long ago we were pitching a particular C-suite, who had to pick their jaws off the floor when we revealed a little of our Subutai secret sauce. “We’ve been trying to figure out how to do this for more than two years,” we were told. They were reacting to an engineering decision made against “conventional” wisdom, and lauded our innovative approach to a very difficult problem. Way to go, partner.
Such affirmation reinforces our insistence on blocking out the naysayers. It would be easy for us to cut features and functionality in order to get the fastest product to you, but we couldn’t live with ourselves if we delivered a product we wouldn’t be proud of. Working around complex technical and manufacturing issues resulted in new ways of solving problems whilst producing new products that benefit you as well.
Not only do we want you to have a positive crypto mining experience –starting with a passive monthly income– we want you to feel good about it as well. That translates to maximizing mining yields whilst minimizing the energy draw: a fully-loaded Subutai Blockchain Router uses less than 100 watts. That’s the same as a household light bulb. A low energy footprint enables commodity mining to become accessible to individuals on a sustainable level and at scale.
The Router That Pays You Back.
“Why do this? Why a router? Why crypto mining? Why would you even want to do that? Crypto mining is dead.”
Why indeed a router? Aside from your refrigerator, the one thing that’s always on in the house is your broadband Internet device. Let’s put your router to work.
Can Subutai really make mining profitable at a low power footprint of 100 watts? We hear you.
Folks using GPUs (Graphical Processing Units) to mine are facing an endlessly losing battle because of the exorbitant energy costs required to actually run their rigs. And what about the big guns who ran pre-sales to sell new products, completed the manufacturing process, then used the products to mine crypto for themselves, and later shipped the used product to their buyers. Who would do that? These companies would do that. And they did, adding to the threat of 51% attacks on the consensus layer of the blockchain. In protest, blockchain developer communities said “enough” and changed their algorithms to disable the equipment from being able to mine on their networks. Today, bricked ASIC (Application-Specific Integrated Circuits) mining rigs worth tens of thousands of dollars apiece are being dumped in landfills.
Reprogrammable. Reusable. Unbrickable.
We’re not the first to use FPGAs (Field Programmable Gate Arrays), but we are using them in a new way. This critical decision has informed our overall strategy for the Subutai Blockchain Router. We’re driven to make it the most efficient and profitable, continuously rewarding you over the next decade to come.
Being able to reprogram FPGAs plays an essential role in the Router’s overall architecture: they are the powerhouse behind the Subutai Mining Devices that help you mine more efficiently. The Router’s default mode at launch is “Auto Mode” to maximize your earnings from the onset. Those of you who want to control what you mine are welcome to do so –you have up to four Mining Devices per Router that can be programmed any way you like. We recommend Coin Pairings and show you ways to become a more effective miner, such as adding up to five Subutai Mining Extenders that each accommodate up to six more Mining Devices to dramatically boost your yield.
Reprogram-ability means that you can choose to mine different cryptocurrencies when you like. In the future, when new coins with new mining algorithms emerge you’re still covered. You can repurpose your equipment again and again. You can choose to stop mining altogether and rent your hardware for high performance edge computing if you’d like. There’s a world of possibilities ahead of you.
Who else can provide you with a plug-and-play, hands off way to earn an ongoing passive income of ~$350 per month? Of course, that monthly amount will change with current market rates (you can always check the latest rates on the home page of our partner, GEMNET, https://gemnet.io/ , who is also offering pre-sales of the Subutai Blockchain Router). With crypto rates climbing, the router will be able to pay for itself in mere months.
Sustainable Gains.
Subutai is here to help you earn, both through mining cryptocurrency using the Subutai Blockchain Router, and also by safely renting idle compute resources through the Subutai Bazaar.
We are inspired by you, the Subutai horde –our individual and corporate users from 100 countries and growing. We are galvanized by your loyalty and encouragement as we continue to build.
As Helen Keller said, “together we can do so much.”
Great things are ahead. Our whiteboards are overflowing with ideas, plans, and plenty of to-dos. Watch this space.
We do this because we want to solve the very difficult problems. We want our innovations to benefit humanity. We want to do good by doing what’s right.
Subutai is right.
We invite you to take a look around and see how green ethical mining can be profitable for you.
= = =
Sally is co-founder and CMO of OptDyn.
Subutai Blog 