When you put Piggybank to a cloud and get a Remote Desktop Access to it, what do you get?
Well, I admit I at first missed it myself since I was just looking that you are getting a Piggybank on a cloud with a remote access, which is exactly what it is, but what I missed at the start was that there is actually a more familiar name to this kind of access called Virtual Computer or Cloud Computer or Remote Access Computer or…
And when I realized that, I understood what a great deal here is on offer for Telos users.
For only roughly 100 Euros with the current Telos price, you are getting a lifetime Cloud Computer access. This is dirt cheap. Or I would actually argue more expensive than any other deal, for, after all, next day you could have sold those 35k Telos for 35K Euros. So you decide if it’s dirt cheap or extortion. Is it 100 euro bargain or 35K Euros of lost profit.
A couple of years ago I was myself looking at getting a Remote Access Virtual Computer since I was having difficulty getting connected to some specific websites, and on holiday vacation we noticed the vacation place had an excellent connection to those websites, so I started looking at getting Virtual computer from that precise location, and I did find they were for rent, but the price was much more than the one-time payment of 100 euros, for it was much more than that each year.
If you are asking from me, this a real killer deal for anyone already owning one of the Telos products that lower the price to 35K Telos in case you are looking for a Remote Virtual Computer access. I would have jumped to a deal like this couple of years ago had one like this been available.
In addition to this Virtual Computer, you could use this simpler way too. For one thing you could do is to simply use this as a wallet for different coins.
The good thing about this is that what I have learned when using my own Windows machine as a wallet, sometimes something might cause some unexpected behavior, for example, my Antivirus decided to automatically erase my wallet.dat file, since it decided it was a suspicious file (I guess it figured Telos price was suspiciously lower than it should be). Well, good thing I had a backup, except it deleted that one too. But luckily I had also one file named differently than wallet.dat, and that one my antivirus didn’t recognize.
Anyway, that is just an example of what could happen, and one way to likely prevent something like that is to use Virtual Piggybank as your wallet machine.
And as long as you don’t use it for anything else but as a wallet, you are likely going to be able to avoid all the hackers getting into your computer to steal your wallet.dat files, etc.
So it can be pretty good solution from security point of view as well.
Not to mention that part of the service is that every 30 days there will be a backup done of your virtual piggybank, so even if something nasty would happen, you wouldn’t lose more than 30 days of stuff done (although I still recommend you make backups for yourself manually too, especially since the newest auto backup will replace the previous one always)
The next possibility, which is also interesting from a cost point of view, is that you can actually use this to mine some coins the same way you can use the previous Piggybanks that were sent to you.
This means that basically you could buy this already just in case you happen to ever need a virtual computer, and while waiting for that, simply use it for mining, and at point you finally need a virtual computer, you might have actually made more money back than you ever used to buy it.
All in all, a very interesting product for many different needs, even at start it doesn’t seem like much. Just another piggybank until you realize it isn’t.
Now do notice couple of things however.
First of all. Sad thing is, if you do use this as your wallets, it, unfortunately, works the same as with your home computers in that you do need to update the wallets yourself. ARES will simply provide you with Piggybank and access to it, but other than that, for security reasons, they won’t be able to touch your virtual machine, so you have to touch it yourself, including updating your wallets.
But at least Virtual Piggybank does come preinstalled with XBTX and TELOS wallets, so the first time installation is saved from you.
Also, the Operating system is Ubuntu 20, which might be good or bad, depending on your taste. I would myself have preferred AEROS.
But other than that. What a great deal!
The pricing starts from 35K or 150K Telos. Idea is, if you don’t own any Telos product suitable for discount (Piggybank, Bluebox) then the price is 150K Telos.
If you do however own Bluebox or Piggybank, then the price is only 35K Telos (dirt cheap, except of course you are losing huge profits that you would have got by selling those Telos a week later).
There are currently three different options. Piggybank S, M, and L, S giving the least and L naturally the most.
S is 35K/150K and includes 2.6 GB Ram and 60 GB Hard Disk space and 1 Virtual Core,
While L version is 80k/250K and offers 8GB Ram and 250 Gb Hard Disk Space and 2 Virtual Cores.
35K is actually not even the cheapest price, but there are some other discounts available too, like if you are a Bitdorado Premium Member. But you can find more details about those from Peertoro.eu Virtual PiggyBanks order page, where you should anyway have hurried up already at halfway this article.
