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Bidding System

The Mycelium Network's decentralized marketplace includes a bidding system.

This enables users, including the Mycelium COOP itself, to express how much capacity they're willing to buy and at what price. When a matching offer from a farmer is found, the bid becomes a reservation and the user is now renting that capacity.

Examples:

  • Long-term infrastructure needs (e.g., "I want 100 standard compute slices for 6 months")
  • Burst capacity for specific events

Bids properties​

  • min duration
  • required capacity
  • max price

Mycelium COOP Bidding​

Mycelium COOP, as the protocol operator, places bids on capacity to accomplish a baseline income for all hosters and support strategic partnerships and integrations.

Bid Tiers are structured as minimum prices for standardized slice types:

Some examples:

  • "Std Compute Slice" @ USD 1.20/month (4GB memory CPU slice, 2 vcpu )
  • "Nvidia 1x Slice" @ USD 500/month (is for a Nvidia pro 6000 GPU 96GB )