Theta Network (THETA and TFUEL)

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How would I go about combining all the TFUELs into a single place?

Thanks!!
 
That was my issue when I started with this too. I had a small balance of TFUEL for my efforts. The minimum requirement for staking TFUEL is 10,000 though. I had to buy the TFUEL for the staking. Of course, I bought when TFUEL was around $0.10 (give or take a cent) and it promptly lost 50% of it's value for a good while. It's finally climbing back up to where it was when I bought although it's still not quite there.
 
How would I go about gathering all my TFUEL into a single location?
 
How would I go about combining all the TFUELs into a single place?

That's easy:
  1. Open/select your Edge Node application
  2. Using the menu at the top of the window, select Wallet > Export Wallet as Keystore. You will need to create a password. The password should be something you will remember. This will save a text file onto your computer. This text file is your key to using the Theta wallet associated with this Edge Node instance. This step only needs to be done once (as long as you can remember your password - you can repeat this to create a new password/keystore file if you ever forget).
  3. Using the menu at the top of the window, select Wallet > Theta Wallet (Web). This will open your internet browser to the Theta Wallet.
  4. In the Theta Wallet, click the "Choose Keystore file" button and find the keystore file you created in the step 2. Then enter your password and click Unlock Wallet. It can take a moment for the site to process it before the wallet portal opens.
  5. You should now be able to send and receive Theta and TFUEL from one wallet to another. Your wallet address should be visible at the top of the screen (it's also listed on the Edge Node software with an easy click to copy to the clipboard as well).
 

 
Theta peeps hosted a "Thetacon" in Las Vegas. The nuggets posted in the comment referenced in my previous post were observed at this event.
The AMA (ask me anything) panel has now been posted (you can also glean some info from the comments on YT and X):


 

Lavita is a Medical AI​


Lavita is an AI specialized for the medical field/research:



It's been operating for two years now and it's still growing/evolving:


More (long):


More:


Lavita Crypto is a Utility Token​


Lavita AI (crypto token) is currently ranked 5,072 in CoinMarketCap's list of cryptos sorted by market cap:


It's trading at around $0.005 per LAVITA token right now. When I first started running an Edge Node and earning vLavita, it was trading at around $0.02, so it's way down in value since the start of the year.



So what is vLavita?​


vLavita (or "virtual Lavita") are rewards you can earn from running a Theta Edge Node. For whatever reason, Theta is giving us vLavita (on the Lavita subchain) which is largely useless until you manually convert the vLavita (Lavita subchain) into Lavita (Theta Mainchain):


It costs 10 TFUEL do effect a single cross-chain transfer, so it's not worth it unless you have several thousand vLavita to convert (at current Lavita and TFUEL prices).

As I am running multiple Edge Nodes and have multiple wallets containing vLavita, I ended up doing a cross chain transfer of TFUEL (Theta Metachain) to vTFUEL (Lavita subchain). Using the vTFUEL for gas/transfer fees, I then consolidated all the vLavita in all of my wallets into one wallet (sending all the vLavita and then all the vTFUEL from one wallet to another). Once it was all in one wallet, I did a cross-chain transfer of vLavita (Lavita subchain) to Lavita (Theta MetaChain). The entire process required spending around 25 TFUEL.

Once you have converted the vLavita to LAVITA, you can either sell the LAVITA or stake it.

Lavita Staking​


If you want to stake your LAVITA, you will need to install the Theta Wallet app on your smart phone (search iPhone or Google Play app stores for "Theta Wallet"). When you install the Theta Wallet app, it will create a new Theta wallet for you (new address separate from your Edge Node wallets). You can then transfer some TFUEL (you will need a little bit for transfer/gas fees) and your LAVITA to the new Theta Wallet app wallet.

You can then use the menu option in the Theta Wallet to stake the LAVITA (it will open a portal to the Lavita website to manage the staking process). When you stake LAVITA, you will start accruing LAVITA rewards over time (it's like a savings account that pays in LAVITA instead of dollars). I'm not sure what the APY is currently on the staking rewards - it was something like 20% or more last I checked which would be great if the token was holding it's value.
 
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Thanks pmbug. Did you see Tucker's interview of Roger Ver?
 
I'm aware that the interview exists, but I have not had time to watch it.
 
NVIDIA is rolling out a new GPU product that apparently was designed for running AI models. Theta Network is investigating compatibility with the EdgeCloud (running EdgeNodes with it).

 
An overview of the ecosystem and roadmap for 2025:

 
TFUEL had a huge spike - up over 30% (trading over $0.091 at the moment) over the last 24 hours. I'm not sure what prompted it.
 
Theta peeps keep improving their network and adding customers:



 

More:

More EdgeCloud users = more TFUEL demand and more jobs for Edge Nodes
 

More:
 
Anyone get rich from TFUEL yet?

Compare the cost of energy vs how much it costs running Theta on a computer using said energy?
 
Anyone get rich from TFUEL yet?

Compare the cost of energy vs how much it costs running Theta on a computer using said energy?

1. Nope

2. My energy bills are about the same as they were before I was mining TFUEL (running Edge Nodes 24/7). The Edge Node software doesn't tax the computer systems or use that much energy.

If the price of TFUEL had just held steady between 9 and 11 cents, I'd be seeing some ROI. As TFUEL is less than that, I'm down slightly on the experiment.

It looks like the Theta Labs peeps are building up the customer base for the EdgeCloud which should increase the demand for TFUEL. I expect this will pay off nicely in the long run.
 

More:
 
Big news day for Theta today:
More:
 
You can do it. Go to this link:


Select the Bill Gates image. Enter the text that you want him to say in the field below the images. Enter a voice description (I just put "Bill Gates" when I did it). Click Generate Audio. Once that finishes, click generate video. It can take a few minutes to process. Save the .mp4 file when you're done and you can upload/share it just about anywhere.
 
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