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Author Topic: Earn bitcoin by sharing your bandwidth  (Read 1838 times)
bornil267645
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August 02, 2015, 09:10:30 AM
 #1

A new project called BitMesh is aiming to make this ideal a reality,It basically pays people in Bitcoin for sharing their internet bandwidth

https://99bitcoins.com/earn-bitcoin-by-sharing-your-bandwidth/

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LiteCoinGuy
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August 02, 2015, 11:15:14 AM
 #2

interesting project indeed.

here is another one: share content and earn BTC  Smiley

http://www.joystream.co/

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August 02, 2015, 11:37:58 AM
 #3

So how much can you earn monthly for example for sharing your bandwidth with Bitmesh? Any estimates?
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August 02, 2015, 12:37:29 PM
 #4

A new project called BitMesh is aiming to make this ideal a reality,It basically pays people in Bitcoin for sharing their internet bandwidth

https://99bitcoins.com/earn-bitcoin-by-sharing-your-bandwidth/
That's really cool. Wish we get the final product ready soon and start earning some Bitcoins.

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August 02, 2015, 12:41:13 PM
 #5

So how much can you earn monthly for example for sharing your bandwidth with Bitmesh? Any estimates?

Probably not much at all. This sounds as if you were mining in as shared mining pool so I would expect similar results. Overall not worth it unless it works in a different way.


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August 02, 2015, 12:47:37 PM
 #6

I read this and it is not something I would like I could do. It turns out you need to have to be connected to their own WiFi Network:
"Every person that buys internet using Bitcoin connects to a BitMesh Wi-Fi connection close to them, which is provided by a client and functions by using the BitMesh app."
I don't think It will be available in many places. It is more like a test project which probably will never be developed at a larger scale.

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August 02, 2015, 01:06:55 PM
 #7

You could at least explain how the site works and tell us a little bit about your experience using it! That would be very helpful.

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August 02, 2015, 01:40:26 PM
 #8

this sounds amazing, anyone know how much they pay per mb? or what are the prices used?
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August 02, 2015, 01:49:49 PM
 #9

I read this and it is not something I would like I could do. It turns out you need to have to be connected to their own WiFi Network:
"Every person that buys internet using Bitcoin connects to a BitMesh Wi-Fi connection close to them, which is provided by a client and functions by using the BitMesh app."
I don't think It will be available in many places. It is more like a test project which probably will never be developed at a larger scale.

I thought it was like a decentralised internet where each client's bandwidth would generate them income, but by what you said, it's something entirely different, and in a bad way.
Is there some info on where there BitMesh Wi-Fi connections are available ?

cheers

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August 02, 2015, 02:06:37 PM
 #10

A new project called BitMesh is aiming to make this ideal a reality,It basically pays people in Bitcoin for sharing their internet bandwidth

https://99bitcoins.com/earn-bitcoin-by-sharing-your-bandwidth/

Very interesting project. As always Ofir find the most interesting things to propose. The only problem is that it is only a project and from a project to a reality must go through the sea. Anyhow the principal problem is if this project will be reality in every country or in a chosen countries. And when it will be reality.

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August 02, 2015, 04:39:14 PM
 #11

Interesting idea! Although I am curious to see how this will perform since most telecommunication providers are opening free WiFi hotspots to lower cellular bandwidth usage. Also, in Germany there is the Freifunk network where people freely share their intenet with everybody nearby.
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August 02, 2015, 06:59:19 PM
 #12

i doubt it would be good with people that have already a low speed internet connection, unless we are talking about a reward that isn't on the same level of a 1-hour faucet

something like 1MB shared should give you 10k satoshi or something, to be worth it
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August 08, 2015, 01:24:37 PM
 #13

I read this and it is not something I would like I could do. It turns out you need to have to be connected to their own WiFi Network:
"Every person that buys internet using Bitcoin connects to a BitMesh Wi-Fi connection close to them, which is provided by a client and functions by using the BitMesh app."
I don't think It will be available in many places. It is more like a test project which probably will never be developed at a larger scale.

I believe it doesn't mean that you need to connect to their Wi-Fi in order to earn bitcoins from them. It means that they want to establish a network of wifis around the world that can be used by other persons. Those persons pay in bitcoins and they buy "internets". Whatever that is. Roll Eyes

That means you can only earn money when someone buys and uses your wifi then. Which, for the most persons, would mean you earn never. I mean how far is your wifi reaching? And how many people in that circle would know this project and would pay?

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August 08, 2015, 01:41:59 PM
 #14

Interesting project but unfortunately this won't  be good on users here in my country (PH)
PH was one of the countries with the slowest internet connection in the world

 

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August 08, 2015, 03:44:02 PM
 #15

okey, i have to check the url 99bitcoin.com
and i'm join it,,
i hope this true, so i get much BTC
thanks for information.

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August 08, 2015, 05:06:33 PM
 #16

I like the idea a lot. I have always though that we people use too many wifis (and pay for them) when we could just share and pay less.

However, there could be security issues with this too, perhaps hackers doing their thing with that bandwith...

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August 08, 2015, 05:41:07 PM
 #17

I read this and it is not something I would like I could do. It turns out you need to have to be connected to their own WiFi Network:
"Every person that buys internet using Bitcoin connects to a BitMesh Wi-Fi connection close to them, which is provided by a client and functions by using the BitMesh app."
I don't think It will be available in many places. It is more like a test project which probably will never be developed at a larger scale.

I believe it doesn't mean that you need to connect to their Wi-Fi in order to earn bitcoins from them. It means that they want to establish a network of wifis around the world that can be used by other persons. Those persons pay in bitcoins and they buy "internets". Whatever that is. Roll Eyes

That means you can only earn money when someone buys and uses your wifi then. Which, for the most persons, would mean you earn never. I mean how far is your wifi reaching? And how many people in that circle would know this project and would pay?

So, what would be the difference between this and renting wifi yourself? (say, set your wifi netwok to "wifi for rent", give the password to your customer(s), change it often and check that no unknown devices are connected to your router at a given time?).

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August 08, 2015, 05:47:53 PM
 #18

This seems like a pretty nice idea. The thing is, they're competing with FON...

I read this and it is not something I would like I could do. It turns out you need to have to be connected to their own WiFi Network:
"Every person that buys internet using Bitcoin connects to a BitMesh Wi-Fi connection close to them, which is provided by a client and functions by using the BitMesh app."
I don't think It will be available in many places. It is more like a test project which probably will never be developed at a larger scale.

I believe it doesn't mean that you need to connect to their Wi-Fi in order to earn bitcoins from them. It means that they want to establish a network of wifis around the world that can be used by other persons. Those persons pay in bitcoins and they buy "internets". Whatever that is. Roll Eyes

That means you can only earn money when someone buys and uses your wifi then. Which, for the most persons, would mean you earn never. I mean how far is your wifi reaching? And how many people in that circle would know this project and would pay?

It can actually be deployed in many places. I don't know how do they plan to distribute their product, but they can distribute it a bit like a DDWRT firmware, and/or in routers of their own.

It's not hard to catch private wifi signal on the streets. Many routers are overpowered for certain houses and there are small houses, on the level of the street. One can even catch signal from buildings on the street, or even neighbours can catch the other neighbour's signal... This is a very useful service, no doubt about that. They're just competing with people much bigger than them as I've said before.

I like the idea a lot. I have always though that we people use too many wifis (and pay for them) when we could just share and pay less.

However, there could be security issues with this too, perhaps hackers doing their thing with that bandwith...

A shared cost wifi is a nice idea. But many people wouldn't certainly use that for their everyday usage, so that issue would remain unsolved. I know I wouldn't...

Other problem it would solve is too many connection overlapping each other (on my house, if I scan nearby networks on my computer, I get at least 15 networks, overlapping is a real issue). I don't see that being solved soon either, unless 5Ghz signals become more mainstream.

And yes, security would be a huge issue... People would just hop on different networks for scamming.
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August 08, 2015, 07:43:35 PM
 #19

Interesting idea. I've been check their site, first they site is cool. But in the country which have free wifi in some spot, it's not really use, for example in my regional, the Mayor is facilitating free wifi in some spot(there are a lot spot actually).

okey, i have to check the url 99bitcoin.com
and i'm join it,,
i hope this true, so i get much BTC
thanks for information.

What???

OP means is this site: https://bitmesh.network/ The article is came from 99bitcoin.com Undecided
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August 08, 2015, 07:48:30 PM
 #20

This is definitely an interesting idea. I am the only person using my internet connection in and I live in an apartment building. I will have to look into this more. I could easily make a lot of money.

Signatures? How about learning a skill... I don't care either way. Everybody has to make a living somehow.
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