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RE: My Thoughts About GOLEM & Its Future In Cloud-Computing

in #cryptocurrency8 years ago

I once bought 42 computers for less than 350 USD, last year. Might be more than trouble's worth setting it up, but the actual use are the other parts, other than the cpu..

So basically how much energy (and thus cash money cost) do your clock cycles cost? The 2nd hand computers might not cut it.

Agreed on this point - thanks for the reminder, this should be my 3rd doubt about the project.

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Wow, that is pretty cheap! 😮 Nice find.

We see it with Bitcoin, it's really hard to get a foot in the door. I think these projects are probably more suited to entrepreneurs who are going to put in a significant investment, than your average computer user who doesn't use their computer that much or that intensely (in terms of processing).

The thing about the volunteer projects like SETI, Cloud Folding, etc. is that these are really donations to the project. I can't see the same thing working when applied in a for-profit venture.

I'd love to be proven wrong though, these things are really inspiring as a concept. When MaidSafe gets off the ground soon that might work better because unlike Bitcoin mining and GOLEM type systems, it's storage based instead of processing based, though obviously still uses some processing power. From their own forum though it appears to be the same, medium to large scale operations will really only be able to be competitive.

Prove me wrong kids! Prove me wrong.

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