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PoW investor & advisor -- Healthcare & Data Centre Power Generation specialist 🇨🇦 🇬🇧 -- Bullish on $CNX $QVNC $KAS $MSTR

Calgary, Alberta
Joined January 2011
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A second post, on the $CNX Crynux Team and brief summary of the project and what sets us apart. Check out my first pinned post on setting up a node & staking balances for rewards. 👌📈🚀 Luke W. – Core Developer: Brings 8 years of experience in blockchain, zero-knowledge cryptography, and multiparty computation. Holds five patents and publications and developed an early open-source blockchain AI framework in 2019. Aaron Y. – Core Developer: Former Google AI machine learning engineer with 10 years of experience, over 10 publications and patents, and experience developing large-scale AI products serving billions of daily users. What Is Crynux?: Crynux is building a decentralized AI computing network, similar to some projects in the space, but with a greater focus on supporting custom, open-source, and uncensored AI models. Unlike platforms that restrict users to a predefined selection of models, Crynux aims to let users host and run virtually any AI model available on Hugging Face, provided the network has GPUs capable of supporting it. The platform supports AI text and image generation, with video generation planned. CNX Token & Ecosystem: CNX is currently traded on Uniswap (Base), Robinhood and SafeTrade. Token holders can participate in the network by: Providing GPU Compute -- Contributing GPU computing power to earn rewards. Delegating & Staking -- Assigning CNX to your own node or existing GPU operators to earn a share of rewards. AI Services -- Eventually using CNX to pay for text, image, video and other AI generation services. Why Crynux Is Interesting: Crynux combines decentralized GPU infrastructure, AI model flexibility, and a token-based incentive system. Its goal is to create an open AI ecosystem where anyone can contribute computing resources, earn rewards, or access AI services without relying entirely on centralized providers. Development is ongoing, with regular GitHub updates and additional capabilities planned, check out GitHub or Discord for full updates. @crynuxio @crynux_dao @safetrade @base @RoninHood__ $CNX #cnx #crynux – at Ponoka County, Alberta
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The Binance Hack: Security, Control and What Comes Next The @binance hack has me thinking about three things: how vulnerable our financial infrastructure is, how much control we actually have over our assets, and whether we’ll absorb this disaster and turn it into another buying opportunity. Binance estimates approximately $6.3B impacted in the largest crypto theft on record by dollar value. The preliminary explanation? A compromised DevOps engineer’s laptop that enabled unauthorized withdrawals. That feels like an easy thing to blame. I’d like to see the technical post-mortem explaining how that access translated into withdrawals across multiple networks. The attacker’s most concerning move: Depositing $60M in stolen USDT into @aave and borrowing 19,762 WETH, nearly $45M at the time, before that route closed. @tether froze $1.56B in USDT. @circle froze another $823M in USDC. @arbitrum’s Security Council went a step further, forcibly moving $30.5M out of the attacker’s control. That capability deserves attention, too. I’m not criticizing the recovery effort, but the ability to freeze, or forcibly move, assets exists. Something worth considering for those who assume self custody means complete, autonomous control 👀 Native $ETH on @ethereum and native $BTC have no issuer operated blacklist, so they cannot be frozen through the same mechanism. What remains under attacker control in reported snapshots? Approximately 18,270 BTC, reportedly distributed across 19 addresses. TRM’s analysis also identified broader holdings above 420,000 ETH. Binance suspended deposits and withdrawals, revoked the affected authorization, engaged law enforcement and blockchain intelligence partners, and promised updated Proof of Reserves. It has also repeatedly promised to cover customer losses through SAFU and company funds. Meanwhile, approximately $1.55B in crypto positions were liquidated over 24 hours as BTC fell below $78,000. These consequences reached people nowhere near the compromised wallets. The Bullish Case: Bitcoin reached new highs after Mt. Gox, Bitfinex, Coincheck, Binance’s 2019 hack, FTX’s collapse and Bybit’s 2025 hack. Recovery sometimes took years and didn’t guarantee customers recovered their money, but BTC eventually went on to do what BTC does. Replacing missing assets could also create buying demand if Binance continues to purchase what it cannot cover with existing company owned holdings. Why you might not want to rush into this dip: TRM attributes the attack to North Korea’s TraderTraitor, also linked to the Bybit theft. That remains just assessment. After Bybit, stolen ETH was converted into BTC through routes including THORChain. That process involved acquiring BTC. This time, the attacker already holds approximately 18,270 BTC alongside substantial ETH. We cannot assume the same laundering related buying demand will repeat. These assets could still create selling pressure. Their traceable origins may complicate cashing out through regulated exchanges, but tracing doesn’t automatically prevent swaps, transfers or sales. Replacement buying and attacker selling could happen simultaneously. A rebound is possible. So is further disruption. Then there’s the “financial reset” speculation: that repeated breaches, shaken confidence and emergency interventions could accelerate changes in financial infrastructure, regulation and control. I’m not personally ruling out broader changes as a long-term possibility, as I think that’s the direction the world is heading anyway. What happens next depends on Binance’s ability to cover losses, transparency and whether the confidence holds. Time will tell.
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The chances of being killed by a landmine delivered by a bear are low, but they are never zero.
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🚨🚨🚨 kaspa:native Family This could go down as the biggest hack in crypto history. $6 BILLION. For perspective: • LuBian (2020) — $3.5B • Bybit (2025) — $1.5B • Ronin (2022) — $624M • Poly Network (2021) — $611M We're talking about a single incident potentially exceeding every previous major crypto hack. And here's the scary part: Binance still hasn't confirmed the full figure. If the $6B estimate is accurate, we're not just talking about another exploit. We're talking about a historic moment for the entire crypto industry. Let that sink in. #CryptoNews #cryptocurrency
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$CNX | @crynuxio might be one of the more overlooked projects in the decentralized AI sector. 55 million tasks completed during testnet. 1,785 participating nodes. A working AI chat and image-generation application. And 71% of $CNX supply allocated to task mining tied to network usage. Here’s why I’ve been paying attention 🔽 1️⃣ Turning idle GPUs into productive infrastructure There are millions of GPUs sitting inside gaming PCs and other computers around the world. Many of them remain underutilized for significant portions of the day. Crynux is building a decentralized network that allows GPU owners to contribute their computing resources to AI workloads. Instead of relying entirely on centralized infrastructure providers, developers can access computational power supplied by independent operators. The arrangement is straightforward: → GPU owners contribute computing power. → Developers use that power to run AI applications. → Operators earn $CNX for completing tasks. The interesting part is that a computer in one part of the world can process an AI request originating from an application thousands of kilometres away. And the network handles the coordination. 2️⃣ But does decentralized AI actually work? This was the question I wanted answered. A decentralized computing network sounds promising in theory, but the real test is whether it can deliver something people can actually use. That’s where Crynux Chat comes in. It’s a working AI application powered by the Crynux network, with a free demo that anyone can explore. You can interact with AI models, ask questions, generate content, and even create images. For example, one of the demonstrations involves generating an image of a small red lighthouse on a snowy cliff at dusk. Here’s what happens behind the scenes. When you submit the prompt: → Crynux-AS submits the task to the network. → The blockchain assigns an available GPU node. → The node receives the task through a relay and runs the AI model. → The network performs the required validation. → The generated image returns to your chat. And you can actually follow the progress. The interface shows the different stages: In Queue, Generating, Verifying, Uploading, and Finishing. The example uses Qwen Image 2.1, with the actual computation performed by a GPU node participating in the network. It’s a simple demonstration, but it makes the underlying technology much easier to understand. 3️⃣ Solving the trust problem Now comes one of the more interesting technical challenges. If anyone can contribute hardware, how does the network know that operators are completing tasks correctly? After all, decentralized infrastructure can’t simply assume every participant is honest. Crynux addresses this through its verification system, vssML. Rather than duplicating every computation, the network uses unpredictable checks. Approximately 10% of tasks are selected for independent verification, with results compared across three nodes. Operators don’t know beforehand which tasks will be checked. And because they have $CNX at stake, submitting dishonest results carries financial consequences. The objective is to make dishonest behaviour economically unattractive while avoiding the enormous cost of independently repeating every computation. 4️⃣ More than just AI chatbots Crynux Chat is one application built on the network, but the potential use cases extend considerably further. The infrastructure supports workloads involving: → AI chatbots and virtual assistants → Text generation, translation, and summarization → Code generation and debugging → AI image generation and editing → Model fine-tuning → LoRA training and customization For developers, another important feature is compatibility with familiar AI development tools and request formats. That means existing applications can potentially integrate Crynux without rebuilding their entire AI infrastructure. And this is important because the easier it becomes for developers to access decentralized computing, the easier it becomes for the network to attract real workloads. 5️⃣ The $CNX economics are particularly interesting This is one aspect I think deserves more attention. 71% of the maximum $CNX supply is allocated to task mining. But unlike conventional token emission schedules, these allocations are linked to network demand and completed work. In other words, the task-mining allocation isn’t simply released because another month has passed. Actual network activity drives its distribution. Why does this matter? Because many crypto projects experience supply expansion regardless of whether their products attract meaningful adoption. Crynux takes a different approach with its task-mining allocation. Of course, this doesn’t eliminate dilution altogether. Other token allocations and circulating supply dynamics still matter. But linking a substantial portion of token distribution to actual computational work creates an interesting relationship between network usage and token issuance. It’s a model worth watching as adoption develops. 6️⃣ Where does Crynux stand today? Crynux launched its mainnet in June 2026. Before that, its testnet recorded: → 1,785 participating nodes → 55 million completed tasks Those figures provide some early evidence of network activity, although sustained mainnet usage will ultimately be the more important measure. There’s also a fairly accessible way for newcomers to explore the ecosystem. Crynux Chat offers a free demo with a limited daily allowance. Users can try AI conversations and image generation without immediately needing to purchase tokens. Wallet connectivity is optional for users who want to access their own Crynux credits. One important detail: conversations are stored locally in the browser, and GPU node operators may have access to the information necessary to process requests. Sensitive information should therefore never be submitted. ✦ My perspective I’ve always been more interested in crypto projects that build technology people have a practical reason to use. And decentralized AI computing is an area I believe deserves serious attention. The demand for AI computation is real. The hardware needed to supply it already exists. The opportunity lies in connecting those resources efficiently, making the computation reliable, and building an ecosystem that developers actually want to use. That’s the opportunity Crynux is pursuing. The next questions are whether the network can attract sustained developer demand, remain cost-competitive, and scale reliably. Those are the metrics I’ll be paying attention to. For now, @crynuxio is firmly on my radar. And $CNX is one I’ll be watching closely.
I know I’ve been quiet lately. I spend most of my days working behind the scenes and apparently, I’m better at keeping everyone else busy than keeping my own X updated 😁 As many of you know however, I’ve always been drawn to projects that give people a reason to use their product or technology, and I think I’ve found the next gem. Every generated image. Every chatbot response. Every AI feature running inside an app. Somewhere, hardware had to do that work… and someone had to pay for it. @crynuxio has built a different way to supply that computing power: a decentralized network of independently operated GPUs. It starts with hardware people already own. A graphics card in a gaming PC that can also be used to run AI models. Crynux lets operators connect that hardware to a network and subsequently complete AI tasks and earn $CNX. Developers get access to computing power for their applications. Hardware owners get a way to earn from capacity that otherwise sits unused. Think about that connection: someone’s computer can help power an application used by someone on the other side of the world, with the network coordinating the work and payments. But connecting computers is only half the problem. How can we trust that someone actually did the work correctly? Crynux uses vssML, a verification system built around secret spot checks. Roughly 10% of tasks are selected for other nodes to repeat and cross-check. Operators cannot predict which tasks will be checked, and dishonest results put their staked CNX at risk. That gives the network a way to check the work without paying to repeat every single task multiple times. The video below shows what this looks like in practice. This is Crynux Chat, an AI assistant powered by the Crynux network. Choose an open AI model and start a conversation. Ask it to explain something, help with code, or work through an idea. In the demo, someone asks for a blue origami fox and gets a generated image back. They also upload a photo and ask the AI to describe it and write an Instagram caption. Those requests are processed by independently operated GPU nodes on the network. Crynux Chat is one example of what developers can build using that computing power. The broader network supports other work such as: • Running AI models for chatbots and assistants. • Writing, summarizing, translating, and answering questions. • Generating, explaining, and debugging code. • Creating images and editing existing images. • Fine-tuning models for particular tasks or styles. • Training LoRA adapters to customize models. Image understanding is also demonstrated in Crynux Chat, with audio and video among the capabilities covered in the broader roadmap. Developers with compatible AI apps can connect by changing where their app sends its requests. They can keep the familiar tools and request format they already use, while Crynux supplies the computation behind them. And let’s not forget the part of their tokenomics that caught my attention. 71% of the maximum CNX supply is allocated to task mining, with releases tied to demand and completed work Why does that matter? Because that allocation doesn’t enter circulation just because another day, month, or year has passed. Its release depends on actual network usage. From an investor’s perspective, that makes actual adoption an important part of the supply story and it means my investment won’t be diluted simply by time passing. Crynux launched its mainnet in June 2026, following a testnet that recorded 1,785 nodes and 55 million completed tasks. What gets my attention is the problem Crynux is solving: developers need reliable, cost-efficient computation, GPU owners can supply it, and Crynux gives them a way to make that happen. Check out the video yourself. That GPU sitting idle could help someone get their next big idea off the ground.
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The Bank of Canada hiked rates to 2.5% today. Canadian housing market:
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What if your unused AI API credits could earn you base:0x9557dd9e241bc9636732623b672b4090af519396 ? A preview of Crynux’s upcoming key marketplace hints at a new way to share access to your favorite AI providers and earn in return. The next chapter at Crynux is taking shape, and things are getting exciting.
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The digging continues. As a researcher, let’s look at how $CNX is actually designed to work. It’s not just a speculative token, it’s meant to be functional money for a decentralized AI compute network. Crynux gives $CNX four clear jobs that connect to each other: 🔹 Paying for real AI work (inference, fine-tuning, image and video generation) 🔹 Staking by GPU operators (they put tokens at risk and can lose them if they cheat) 🔹Delegation (holders support operators and earn a share of the rewards) 🔹Voting power in the DAO (the Council is chosen based on how much stake is delegated) The supply rules support this. Out of the fixed ~8.62 billion CNX, about 71% only get released when real tasks are completed and certain usage targets are met. New tokens mostly come from actual use, rather than purely calendar-based. From a research point of view, this tries to match what developers need, what operators earn, and what token holders get, so the token’s value follows real network activity instead of pure speculation. The design looks solid. Whether it succeeds will depend on more real tasks, good operators, and careful decisions by the community. Interesting one to keep an eye on.
$CNX | Who controls compute wins the AI market. That is the frame I used looking at @crynuxio after a few accounts I follow posted about it. Narrative is AI. Subnarrative is decentralized compute. Live integrations sit on Base and Robinhood Chain, with Near in the stack. Proof of usage, still needs to scale. Tokenomics first: - Fixed supply (8.617 billion CNX) - No VC round and no pre-sale. Issuance is mostly mining. - Task mining -> 71% supply, only released against real completed tasks. - CNX is earned by running AI tasks. Nodes must stake to participate (100k CNX) - Emission decreases 20% per year - Market cap around $2.7M. Microcap, thin liquidity, very young, very risky. - Still digging for token accrual. Usage is not zero. They route nodes and tasks through the NEAR AI ecosystem, the portal has been showing a steady ~18k AI tasks a day, and about 300 nodes are online. Mainnet has only been live since June, so this is still early proof of use, not scale. Still digging. On risk appetite I would size it at 0.5–2% of the portfolio, and only after the stake requirement, emission curve, and real task mix check out.
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Truth – at Calgary, Alberta
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$CNX $KAS 🤙
Time to focus on real tech, look at kaspa:native and base:0x9557dd9e241bc9636732623b672b4090af519396
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Crynux is now tracked on @CoinGecko. Crynux is the decentralised AI compute network where idle gaming GPUs run image generation, LLMs, fine-tuning and video for developers, with every result verified on-chain. What is on the page: • Live on @base and @RobinhoodApp , trading on Uniswap V4 • Max supply 8.6B, fixed • No pre-mine, no VC, no founder allocation What is not on the page: 71% of that supply only unlocks when real apps use the network. Scheduled emission was cut 7.4× in August. Mainnet live since June. Over 55M tasks completed on the test network before that. @GeckoTerminal base:0x9557dd9e241bc9636732623b672b4090af519396
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CRYNUX NODE v3.7.0 IS LIVE Larger AI models. Lower GPU memory requirements. More GPUs able to do the work. With the network migration complete, v3.7.0 brings quantized execution to both language and image tasks. This update reduces the VRAM needed to run models and expands the hardware that can participate. The network now also supports the latest image models, including Qwen-Image-2.1, with flexible model components that make community improvements easier to adopt. Better image generation today. A foundation for video generation next. Node operators: update to v3.7.0 and the latest NVIDIA driver. Versions before v3.6.0 can no longer connect, and heartbeat tasks are being restored on v3.7.0. Put your GPU to work or participate through delegated staking. $CNX
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👌 – at Medicine Hat, Alberta
I know I’ve been quiet lately. I spend most of my days working behind the scenes and apparently, I’m better at keeping everyone else busy than keeping my own X updated 😁 As many of you know however, I’ve always been drawn to projects that give people a reason to use their product or technology, and I think I’ve found the next gem. Every generated image. Every chatbot response. Every AI feature running inside an app. Somewhere, hardware had to do that work… and someone had to pay for it. @crynuxio has built a different way to supply that computing power: a decentralized network of independently operated GPUs. It starts with hardware people already own. A graphics card in a gaming PC that can also be used to run AI models. Crynux lets operators connect that hardware to a network and subsequently complete AI tasks and earn $CNX. Developers get access to computing power for their applications. Hardware owners get a way to earn from capacity that otherwise sits unused. Think about that connection: someone’s computer can help power an application used by someone on the other side of the world, with the network coordinating the work and payments. But connecting computers is only half the problem. How can we trust that someone actually did the work correctly? Crynux uses vssML, a verification system built around secret spot checks. Roughly 10% of tasks are selected for other nodes to repeat and cross-check. Operators cannot predict which tasks will be checked, and dishonest results put their staked CNX at risk. That gives the network a way to check the work without paying to repeat every single task multiple times. The video below shows what this looks like in practice. This is Crynux Chat, an AI assistant powered by the Crynux network. Choose an open AI model and start a conversation. Ask it to explain something, help with code, or work through an idea. In the demo, someone asks for a blue origami fox and gets a generated image back. They also upload a photo and ask the AI to describe it and write an Instagram caption. Those requests are processed by independently operated GPU nodes on the network. Crynux Chat is one example of what developers can build using that computing power. The broader network supports other work such as: • Running AI models for chatbots and assistants. • Writing, summarizing, translating, and answering questions. • Generating, explaining, and debugging code. • Creating images and editing existing images. • Fine-tuning models for particular tasks or styles. • Training LoRA adapters to customize models. Image understanding is also demonstrated in Crynux Chat, with audio and video among the capabilities covered in the broader roadmap. Developers with compatible AI apps can connect by changing where their app sends its requests. They can keep the familiar tools and request format they already use, while Crynux supplies the computation behind them. And let’s not forget the part of their tokenomics that caught my attention. 71% of the maximum CNX supply is allocated to task mining, with releases tied to demand and completed work Why does that matter? Because that allocation doesn’t enter circulation just because another day, month, or year has passed. Its release depends on actual network usage. From an investor’s perspective, that makes actual adoption an important part of the supply story and it means my investment won’t be diluted simply by time passing. Crynux launched its mainnet in June 2026, following a testnet that recorded 1,785 nodes and 55 million completed tasks. What gets my attention is the problem Crynux is solving: developers need reliable, cost-efficient computation, GPU owners can supply it, and Crynux gives them a way to make that happen. Check out the video yourself. That GPU sitting idle could help someone get their next big idea off the ground.
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"ethereum is the future of finance. $10k+ in 12 months."
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You built the app. We make the switch simple. Developers shouldn’t have to rebuild an application just to try decentralized AI. With Crynux’s OpenAI-compatible API, getting started can be as simple as changing one line of code: swap the API URL to connect your existing app to our decentralized GPU network. Same familiar request formats. No new SDK. No client rewrite. That means less integration work and more time building what your users need. From AI inference to fine-tuning, our goal is to make decentralized compute practical for the developers putting it to work. Adoption starts with making the next step easier. $CNX
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Guys, this is what @crynuxio is bringing next 📷 Uncensored AI image generation, powered by decentralised GPUs. Your imagination. Unleashed. Coming soon base:0x9557dd9e241bc9636732623b672b4090af519396 Think decentralized ChatGPT, Claude ect.....
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Might be time to roll the dice and take this as a 2nd opportunity to enter a position on $CNX! @crynuxio #DeAI #AI
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YOU BUILT THE APP. CAN YOU AFFORD TO RUN IT? A chatbot that answers questions. A tool that drafts replies. An assistant that writes captions. Nothing extravagant. Just something useful that you want to put into people’s hands. Then you look into the compute. One provider has GPU quotas that could push back your launch. Another has a minimum rental commitment that stretches your budget before you’ve earned your first dollar. You need enough compute to test an idea over a weekend. You’re looking at paying for a month. For an independent developer, those costs can decide whether an app ever gets beyond a working prototype. The gap between “I built this” and “I can afford to run this” is real. Crynux is built to help close that gap. Through an OpenAI-compatible API, developers can access AI inference on a decentralized GPU network and pay for the workloads they run, without taking on the cost of renting a dedicated GPU. What would you build if compute costs stopped holding you back?
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Holy fucking shit. Paris right now, this evening. Police vehicles try to escape with destroyed tyres.
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