Here is something I’ve been thinking about for awhile. I would like to get everyone’s input.
There may be a huge market for a “Rent-A-Vault” business…
Demand
There are people who want to “professionally” farm Safecoin but lack the resources/ability/location to do it efficiently. The OP is an example shared by many in this community. This is not meant for casual farmers.
Obstacles
- Cloud servers already have infrastructure in place… may provide lower cost.
- It should be easier to buy Safecoin on an exchange.
- Centralization of farming.
- Heavy responsibility for maintenance… making sure the vaults are online 24/7.
Benefits
- Renting a vault means your wallet address goes in the vault, and verifiable online.
- No need to install anything, just click to rent a vault and start receiving Safecoin.
- Vault statistics shown, allowing potential renters to see which vaults are performing well… attracting a higher premium.
Pitch
High bandwith ISP service cost around $50-$100 per month. If you’re professionally farming, you would likely want a dedicated line, so your own browsing doesn’t use bandwith needed by your vaults… remember they also have to cache data for free. More vaults means more caching and consensus processing.
Catch
I have some community members in mind to form a collaborative union to combine resources (Fiber Locations, Fiat Money, Hardware, And Maintenance Managers)… In other words, a professional farming club, where we find and use the best of the best to get the maximum benefit out of farming.
If I can put it together, would you be interested in joining?