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Picasso is PrimeLabs’ Mid yield, full service GPU bundle.
PrimeLab’s manages a wide variety of computers and hardware dynamically provisioning them into groups based on usage and system demand. Rather than guess if the ecosystem will favor the processing capabilities of a specific computer, buy into a usage tier where you’re dynamically rewarded from the middle third of PrimeLab’s managed GPUs based on usage.
GPU means you’re buying into hardware chosen to contain one or multiple robust Graphics Processing Units.
The fee to start a full service subscription covers the Network Provisioning Fee and an initial hardware investment. Once notified that your hardware is online, you sign in with your PrimeLab account, indicate a wallet and start receiving coins. You will receive 70% of the yield generated by your portion of the network … until the natural demise of the hardware you purchased. The remaining yield is used to pay for electricity and ongoing hardware expenses. The monthly cost to continue running the instance is covered entirely by the yield of your portion of the network.
While minting rates fluctuate, the Validator Yield Calculator is a great tool to estimate potential returns.
As GPU managed validators receive, process, and return fully encrypted end-to-end requests, they start building a reputation on the network as a reliable actor. Yield rates are more stable when participating in a pool as the reputation of the pool as a whole is less affected by the failure of any one validator. The remaining hardware with high reputations will continue to have a high probability of being chosen to participate in each new virtual machine that’s requested.
Validators with good reputation are also randomly selected to run administration activities that secure the network. Because everything is encrypted, validators don’t know who they’re serving or what actions their compute cycles are performing, therefore, further protecting the network.
Validators who join the network register with the validators around them based on their location. When choosing a full service group you’ll also have the opportunity to choose a location to buy into the development of new regions, possibly your hometown.
Please review the FAQ prior to ordering.