This board introduced me to this project back in January and I'm grateful the tremendous faggots here at that time, so I'm here to pass on knowledge in the same way that it was passed down to me.
GPU mining is dead/dying. BTC is a 51% centralization and ETH is broken as fuck. There's other types of mining out there. Skywire is in testnet for the next few months and will release to mainnet after it's completed. You have about four months to decide if you want to short GPUs and start looking in to operating as an independent internet service provider. It's mostly single board computers and routers at this point.
Get in this thread if you want to learn more about the new censorship-free internet. Ask me whatever. Bootlicking naysayers are welcome as well since they always serve to highlight common questions, problems, and solutions through discussion.
I live in an area that a good wifi access point can reach ~50 households. Here's the logic behind how this makes money: >50 households >1 Gateway Server with CC payment ~$300 (think Boingo wifi that you see in airports) >1 Wifi Access Point ~$200 >1 Fiber Connection ~$150/mo >8 Skywire Nodes ~$ 600
ISPs here charge at least $50 for internet access. I believe I can figure out how to implement throttling and charge people $20/mo, resulting in $1,000/mo of revenue minus that fiber connection cost. (if I could get every one of my neighbors to use my service, which is unlikely, but I can make my ROI back easily with a few customers.)
Anyway, at a good clip just for using my neighborhood as an example, I'm probably in the range of $600/mo of fiat and ??? amounts of crypto to operate as an ISP in my neighborhood.
hi fren what is the purpose of the hardware they already ship?
Jose Richardson
The advantage of using Skywire is A: it's encrypted and anonymized, meaning that I don't have to deal with legal issues B: this infrastructure also forwards traffic from other nodes, so you're getting secondary income that way.
Later, as Skywire picks up adoption, I'll drop the ISP fiber connection and use >at least 2 Skywire Directional Antennas ~$1500 >payment for coinhours to buy Skywire bandwidth $??? >moving payment gateway server operations on to Skycoin's CX platform to be able to serve frontend payment HTML
I'm not certain what these costs are, but I believe they'll go down as adoption increases.
hay hay hay, it's a VPN at this point, but it will serve as a bandwidth pusher and computing platform
Kind of like a version of EOS that actually works. Nobody else is doing decentralized internet though, at least not the right way.
Aaron Perez
The neighborhood example is really simple though. With the right conditions, you can do some really interesting things:
>small business district >approach each business and tell them you can switch out their internet for something half the price >set up a basic Skyminer with an omnidirectional antenna at each business >they all talk to each other and share bandwidth >provide a fiber connection through one business and also dial in to the large Skywire network as it becomes available >have access to all surrounding neighborhoods in range as potential customers, maybe 200 households >also have access to customers and foot traffic in the area, hourly access
So maybe 10 businesses and maybe 100 monthly customers, that's $2,200 a month, plus general crypto income from other Skywire traffic.
You'll never have the up time required for any real business out there. It's a fun thought exercise but there is a reason commercial internet is 2x the cost m
Mason Ortiz
This to me is especially exciting, that's enough for the average single person to live off of and once you have all this set up, it's mostly passive income. You're really only answering to the small businesses since your internet system is housed on their property. Maybe answering a few support emails on payments processing things depending on how the payment gateway is set up.
Now imagine if you're able to get in on the ground floor to five or six of these areas in a city. It's likely enough for one person to be able to handle and you're looking at $100k+ in revenue.
That's actually a great segway into the next subject I wanted to talk about, higher tier business applications.
The more of these business district hubs I can get together, the more I can go to a larger business and say "hey, I know it's slow as fuck to send video files back and for production between different companies. You're either using MASV or physical couriers to send drives back and forth. I can do it faster with lower cost than either."
I'll actually have better uptime because of redundant between antennas and old ISP service. MPLS uses multiple paths to hold a connection.
