Introduction:
Hi all,
I am Pablo from Graficadirecta and I am in charge of maintaining the new orchestrator we have set up on the Livepeer Network.
Graficadirecta is a video streaming provider in Spain, and these past few month, we have been using livepeer to broadcast many of our clients streams, accounting for roughly 20K minutes of video streamed into the network monthly.
Working with the livepeer team has been great, and we truly believe livepeer will be the future of decentralized video infrastructure, that is why we have decided to start contributing to the livepeer network and livepeer protocol.
Server specs
The orchestrator is being hosted on a bare metal server.
CPU: 4 Cores @ 2.1 GHz
GPU : GeForce GTX 1080 8GB
RAM: DDR4 16GB 2133
Disk: 2x SSD 250GB
NIC: 3Gbps Uplink
Ideally, this set up will allow us to maintain up to 6 concurrent streams being transcoded.
Current price per pixel is: 1000 wei
Fees and rewards:
We will start with a 50% reward cut and a 50% fee cut.
Currently due to low stake, rewards are not being called because of high gas fees.
The idea is to gradually reduce the eth fee cut as we receive stake and we manage to cover the cost of running this operation.
LPT rewards fees will go down as soon as gas prices go down and we get a bit more stake.
We are building a small web based utility to calculate rewards / fee gains based on how much stake you want to delegate.
You can find this utility here
Conclusion
We are building this because we like the livepeer project and we want to start using the network to broadcast more heavily, so we want to contribute to the pool of reliable transcoders.
Feel free to delegate at the livepeer dashboard
Thank you for reading.