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Author Topic: Earn bitcoin by sharing your bandwidth  (Read 1892 times)
Possum577
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August 08, 2015, 08:09:34 PM
 #21

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/

This is what mining pools are, right? Sharing the capability of your computer (call it bandwith or computing power or whatever you want) for the purpose of combining forces with others and getting paid a regular rate or commission as a result.

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August 08, 2015, 08:29:41 PM
 #22

We can only hope to see these ideas go mainstream sooner or later.
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August 08, 2015, 11:41:22 PM
 #23

I hope that this idea/product gets to be successful but I am afraid that ISP's won't allow users to sell their internet bandwidth.

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August 09, 2015, 11:00:38 AM
 #24

So I have my wifi on, and I'm in the bitmesh and you're walking past my house and you connect to my wifi but I automatically get some rent from your usage. I still have to have wifi that I bought from the usual ISP right?
And the BTC I get from whoever leeches my bandwidth would be set at a certain price per second?
Like, I pay 35$ a month... 15 minutes of that equals less than a penny.
If I had a busy cafe that btc people liked and spent hours in every day....
The pricing schedule will be interesting to see
Could see wifi providers spring up like Chinese mining farms

I don't really understand how it's going to work
Maybe just a connection fee though?
Or do you pay a flat rate and the BTC gets distributed accordingly?

I'm interested to see this. I often "bump" my iPod to my wife's iPhone when we are out, piggybacking her signal, but I have to be right beside her
A continuous mesh would be super useful
Didn't they manage to do a similar mesh web during the Arab spring when they tried to blackout the Internet?

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August 09, 2015, 11:25:50 AM
 #25

i think its a good project
but our country have slow internet connect
so i cant participate in this
but i think this will help a lot in other user..

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August 09, 2015, 12:34:49 PM
 #26

i think its a good project
but our country have slow internet connect
so i cant participate in this
but i think this will help a lot in other user..


yeah, this is what i am afraid is going to happen to me too because of the low internet speed that i have in comparison to others. and also the payment should be high enough to make it profitable enough considering the cost of internet and electricity that you have to pay.

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investspot
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August 09, 2015, 03:27:21 PM
 #27

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/
My bandwidth is very small and slow.  Sad

Call me Natasha or Natasia; No risk, no gain; if you would like to GROW or RISK your bitcoin on high yield investment programs, here's a list of Paying programs http://investspot.biz/BitCoin-HYIPs.html  Be always warned NOT to invest what you can't afford to lose in any kind of investment activities.
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August 09, 2015, 03:41:04 PM
 #28

interesting project indeed.

here is another one: share content and earn BTC  Smiley

http://www.joystream.co/

I would be cool if someone can make a thread with an overview of all those sites and see what the rates are in terms of BTC/mb of space shared, just like there is one for signature campaigns. Those things can be great to get people started in BTC since everyone likes to earn some, and sharing some HDD space is an extremely easy way to get some going.

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August 17, 2015, 09:19:50 PM
 #29

The more i think about that project the more i think it is doomed. I mean when you would be interested to use these wifis to have internet when going around. You most probably would find wifis, that use bitmesh, very hard. And as a provider, when you offer your wlan, you would probably earn nearly never, because the buyers aren't there.

It's a circle of doom. And i don't see it happening that people happily pay for that service when they could use their smartphone internet and have it everywhere.

Maybe bitmesh will go into partnership with another provider to have a chance. But still... i don't see this becoming a success.

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August 17, 2015, 09:24:08 PM
 #30

I think it'll end up being far more niche than most might expect. There's enough free wifi out there to be found. People would simply wait if they couldn't get phone signal or a free hotspot.

Having said that captive paid wifi in places like hotels can be outrageously expensive. You could sneak a router close to the premises and clean up.

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August 17, 2015, 10:40:12 PM
 #31

interesting project indeed.

here is another one: share content and earn BTC  Smiley

http://www.joystream.co/

Yeah that's true, this is actually similar with Joystream Sad
Let's see who will survive Cheesy

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August 18, 2015, 12:55:06 PM
 #32

I think it'll end up being far more niche than most might expect. There's enough free wifi out there to be found. People would simply wait if they couldn't get phone signal or a free hotspot.

Exactly! And nowadays smartphone contracts are cheap. I have seen one for 1GB LTE, Flat Internet, Flat Phone and SMS for 15€. I mean who needs paid wifi anymore?

Having said that captive paid wifi in places like hotels can be outrageously expensive. You could sneak a router close to the premises and clean up.

That is very correct. The hotels mostly only have such standard contracts with ISP's and those are paid by the minute and very expensive. It's no fun using them. Having a free or cheap wifi in place is nice then.

But point one applies. It's too seldom that a free or cheap wifi is there. That's why users mostly will chose a smartphone contract. Available everywhere, even when it would cost. On the other hand, maybe the paid wifi will cost more, for the same bandwith, than the smartphone contract?

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August 18, 2015, 01:01:55 PM
 #33

this is an interesting idea,we could earn some bitcoin by sharing our bandwith,in my area internet its one of important thing and i think thats gonna be epic

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August 18, 2015, 02:44:46 PM
 #34

This must be great idea which is useful to both users and bandwidth sharers.  But how sooner they start this service is the question.
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