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11081572 No.11081572 [Reply] [Original]

So is it still relevant to mine shitcoins in 2018 or to invest in them?

I'm thinking of mining SKY (inb4 hardware shill, I DIY my own miner) for the future prospects that it does become successful. Like Bitcoin, but hedging my bets on a specific coin's future implications.

So mining or investing crypto in 2018, long term, which is better?

>> No.11081581

>>11081572
>create skyminer
>get paid fee when people use skyminer skyweb bandwidth
>no one does besides devs testing or trying to fake useage
>get paid $10 at most
>heh, at least i learned something and i had fun ya know?

>> No.11081616

>>11081572
>mining
>sky
never gonna make it

>> No.11081678

>>11081581
The implication behind SKY is that it will offer prices cheaper than monopoly, and create a ""decentralized""" internet free from the current restrictions of today's ISPs. It implies that this will help in the long run for future technologies, which got me interested in the first place.

Unless you can prove me wrong though. I'd love to hear what kind of problems could happen. The only issue I'm seeing is that it's quite an ambitious project and that not many people will adopt its use unless heavily marketed over traditional ISPs.

>> No.11082426
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11082426

>>11081572
If I like what skywire pays once it's in mainnet, I'll start building infrastructure.

Like those paid wifi hotspots in airports, all you have to do is set up a paywall server with a payment gateway via Stripe or something and sell access.

Just based on where I live, I can probably pull 1000 monthly subscribers with less investment than a 10 gpu BTC miner. 1000 users paying $10/mo for wifi is an easy $10,000/mo in income. I'll maybe only pay $2,000 for Skywire access since the hardware I set up will also earn by passing along traffic.

Once I save up a year's living expenses I'm quitting my job and focusing on putting ISPs out of business.