Theta Elite Node in Beta on V3.0 Testnet

By Keith Thuerk | Theta Network basics in bite size pieces | 12 Mar 2021

Theta is rapidly approaching V3.0 implementation, with that comes a handful of new features and functions. Recall Mainnet 3.0 has a go live date of April 21st '21.

One of which is Uptime mining, which as you might suspect allows you to earn TFUEL and convert it to an Elite Node. Recall as I stated a few weeks back their will be a 4% TFUEL Inflation for uptime mining that is over and above the 5% earning rewards. Don't overlook the minimum 25% TFUEL burning at the protocol level begins as Mainnet goes live.

Theta has made several new all time highs over the past several weeks yesterday it solidly broke through the $7 mark and tried for $8. Seems like just yesterday it was still under a $1.

Summary - lots of changes coming w/ Mainnet launch and a more aggressive set of roadmaps items for the remainder of 2021.

Disclaimer - I am not an employee nor an agent of Theta or any of its alliance partners. This is NOT investment advice!

Resources

https://medium.com/theta-network/elite-edge-node-beta-now-live-on-testnet-with-uptime-mining-announcing-4-tfuel-inflation-on-d383268d0d91

Crypto Blockchain Theta (THETA) Theta Fuel (TFUEL)

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Keith Thuerk

Currently learning about Crypto and DeFi to combat the Inflationary Tidal wave coming our way!

Theta Network basics in bite size pieces

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