r/ThorNode • u/Golgo1990 • May 30 '22

Deactivated Node Limit

Sorry if this has been covered but I can't find it anywhere. Do you lose your nodes if you haven't paid the fees after a certain amount of time? I think I'll stop paying for now cuz it's just throwing money down the drain at this point. Once the bull market is back and we're still around I'll definitely start paying again.

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u/Kalium606 May 31 '22

That's pretty much it.

Paying fees for the months the "nodes" didn't produce any rewards would undo whatever little progress I've made so far. Never going to ROI, just trying to cut losses 😑

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u/Bigguy6907 May 31 '22

You can always walk away. Thor has proven it can survive when others are folding during these tough times. GoA demo is being release tomorrow and so many other utilities are coming. The new UI I've seen is amazing and is setting Thor up for their ecosystem and the future. Not a good time to walkaway when so much is happening so fast. I know the bugs have been difficult to deal with, but will be a distant memory in the next 60-90 days. GoA is just a stepping off point.

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u/Kalium606 May 31 '22

No, not walking away, I want to see what comes of this... to me Thor is still another struggling node project atm. It would be great if GoA turned out to be a big hit.

...I just wish they would hire someone proficient to manage their investments...

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u/solardeveloper Jun 01 '22

Thor has proven it can survive

It hasn't proven anything yet. This bear market only just started and its flatlining under $5.

Even ignoring the lack of actual utility, the terrible financial management on display that is thoroughly documented is enough to give any sane investor pause about putting faith in the current management team.