## What is Akash network? A decentralized marketplace for cloud computing. You rent out cloud computing from providers who are payed from an escrow account. Please read now: https://docs.akash.network/design. **Can I mine with Akash?** Akash is a POS token, there is no mining involved. You stake your AKT with validators to earn rewards. **Is Akash network a get rich quick scheme?** No. **Will the discord mods answer my questions?** Maybe. Depends on how busy they are and what the question is. ## Supermini: **Where do I buy?** Not available right now. **Where does the supermini works, all over the world?** Yes, the supermini will work anywhere so long as there is electricity and internet **How can I earn with the supermini?** The supermini is a concept idea (not yet available) which allows you to offer resources for deployments on the Akash Network. **What is the price of the supermini?** Cost around $1000usd at the time. Wait until Q3 for announcements. https://akash.network/supermini/ ## Akash token: **Where do I buy?** AscendEX, BitMart, DIGIFENIX and gate.io **What payment methods are available?** Cryptocurrencies(tether, bch, btc ...) and credit card **How do I deploy?** You need at least 5,000,000uakt (5 akt) to deploy to the mainnet. Testnet is not active but you can test on mainnet, which requires a bit over 5akt to create an escrow with a provider (you get most of this back when you close the deployment) Read all the documentation, allofit! :). Ask deployment specific questions in #deployments. https://docs.akash.network/ **How do I become a validator?** You need to be in the top 64 or so nodes that have tokens delegated to them for a payout. This could cost hundreds of thousands. If you're serious about this, ask current validators at #validators-mainnet. https://docs.akash.network/guides/node/validator **How do I become a provider?** You need at least 50,000,000uakt (50 akt) to provide to the mainnet, as well as a machine with the right specifications. Testnet is not active. Ask at #providers. https://docs.akash.network/guides/provider **What exactly is the purpose of AKT?** To briefly summarize the purpose of AKT: https://akash.network/blog/the-earning-potential-of-akash-token/ 1. it's the unit of exchange so transactions on the network will all be denominated in AKT 2. Security and governance b/c proof of stake 3. Token economics, where two major components are at play: a) Earnings potential of the token where the 20% take rate is distributed to all akt stakers (not yet implemented) b) AKT subsidies as outlined in our whitepaper ## Staking on Akash **How do I earn staking rewards?** Delegate tokens to a validator. For non technical people: Use Keplr or Cosmostation. For technical people: use akash cli. https://docs.akash.network/guides/general-commands The rewards are about 52-55%/year based on the validators node that you choose. Rewards are on each block, so real-time. **How much AKT is staked on the network?** Currently 83.51% of the tokens are staked. https://www.mintscan.io/akash/ **Are rewards auto compounded?** You need to withdraw, then delegate to your validator(s) to compound your rewards - it is not automatic