Suggestion ||| How to Continuous Create Money with SteemPi

in #utopian-io6 years ago (edited)

Introduction


One of the few projects by Steemians for Steemians involving hardware. Sure, your laptop and (smart)phones are hardware as well and you probably use one of those (or both) to enjoy Steemit and all the other services connected to the Steem blockchain. This one is different!

The project I'm referring to is: SteemPi


In this post I like to make a suggestion for enhancement of SteemPi. To allow SteemPi not only to give the user special abilities to enjoy Steemit and other services on any screen around, but also turn it into a real money machine... well, a small money machine since it will not make you rich, but that said, it can be turned into a small money printer giving a continuous revenue stream every second of the day :)

In Short: What is SteemPi?


SteemPi allows you to enjoy Steemit on any screen without the need to use your laptop or smartphone. It was originally designed to connect to your television screen, but can be connected to any screen you may have around.

SteemPi is in essence a mini computer. A computer that uses much less power (something like 2 to 4 Watt per hour only) than your laptop but integrates in standard ways with large screens (eg through HDMI). Connect a (wireless) keyboard and a (wireless) mouse to the little box, and voila, you suddenly have a very powerful tool in your living-room or bedroom.

Since SteemPi is also very small, you can easily carry it around, take it with you when going on vacation, or visit friends. Whenever there is a screen around, you can hook up SteemPi and get to Steemit. But SteemPi can do more then just Steemit on any screen.

SteemPi & Decentralised Storage


Blockchain services are around offering distributed storage. These service offer storage of your data in the cloud, while hosting of your data is not in the hands of a centralised company, but distributed across the entire globe. This proposition makes use of the empty hard drive space we all have at home and other places we may have computers sitting around. Connecting a hard drive to or simply us a (micro)SD card with SteemPi, would allow the owner and user of SteemPi to participate in this new way of cloud storage of our data. And at the same time, the user can also earn some crypto coins and tokens by doing NOTHING at all.

The beauty of contribution to these distributed storage services is that this type of 'mining' does not have any requirement for fast, powerful and expensive CPUs/GPUs or specific and even more expensive mining hardware like ASICs. It simple requires a more or less always-on computer with hard drive or SD card.

And here is were SteemPi is perfect:

  1. Cost to the hardware is low, less than 100 US Dollars including casing and all
  2. Operating costs are very low due to very low energy consumption

How cool would it be when we can earn these costs back and even make profits with it by doing NOTHING at all? I don't see this is possible with closed systems like Apple TV!

One particular decentralised storage offerings around I like to bring forward here.

Storj + SteemPi = Money Printer


Like SteemPi, Storj (website here) uses 100% open source software, free to use, free to change it, if you will. And even more interesting, Storj is designed to work with small computer board like SteemPi is build upon, like a Raspberry Pi.

The tagline by Storj as you can see on their main page:

Blockchain-based, end-to-end encrypted, distributed object storage, where only you have access to your data

Sounds simple and Cool, right?

Some very useful links I provide here below. As a matter of fact, these links are not only to support the creator of SteemPi to bring Storj onboard, but are very useful to anybody who likes to build their own little money printer. All hardware is COTS (commercial of the shelf) and the software is free to download.

  • Storj: main page [here]
  • Storj: detailed building guide for Raspberry Pi computer boards [here]
  • Storj: setting up the networking part of a Storj server here
  • Reward Formula [here]
  • Community Chat [here]

I was reading somewhere (sorry I forgot where it was) that someone was renting out about 50 or 100 GB of storage and took around 15 US Dollars worth of earnings in a month. Of course these earnings will fluctuate, not only based on the amount of storage actually rented, but also on the value of the Storj token, the token used to pay the rewards. Last week Storj climbed in value from a little below 1 US Dollar to around 1,7 US Dollar at the time of writing this post. BTW, Storj is a Ethereum based token.

Way Forward?


I appreciate any feedback and ideas you may have. I even offer you to bring comments and remarks to the creators of SteemPi.

I really love this little box, and I would really much like it when it can get even more value then it already has.



Posted on Utopian.io - Rewarding Open Source Contributors


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This is something that is very new to me. I am always learning something new here. Great article and thanks for sharing. Missing you visits to my page.

Thank you. I'm focussing on music curation mainly, and that cost me a lot of time. Reason why I was not able to keep up with my own feed at all.

Its very informative and great idea. @edje share amazing post for steemians. This is best way to introduce steem earing and ranking boost. I think u create good blog.
Keep Sharing & Stay Blessed

Thank you so much for your kind words.

ooo interesting? i suppose steempi is like a mining platform?

SteemPi can be a mining platform, but it is originally designed to bring Steemit to your television screen, as I wrote in my post.

Your contribution cannot be approved because it does not follow the Utopian Rules.

It's a good idea for users but,

  • Suggestions are minor features/enhancements that you would like to have in an Open Source project.
  • Suggestions may be only related to the technical aspects of the project not process or organisational issues.

You can contact us on Discord.
[utopian-moderator]

Effectively, SteemPi is a bundle of open source software + a webbased user interface running on a Raspberry Pi.

Therefore, adding the Storj feature to SteemPi is in effect a minor change to SteemPi, since this is in effect rolling out SteemPi (and open source project) with an additional open source package (Storj is OpenSource) that is already developed for the hardware SteemPi is using.

This suggestion is related to the technical aspects, and not to the business or organisational aspects, since it is bundling in Storj software with the rest of SteemPi software and add the access to the Storj user interface as a button to the SteemPi user interface. All the technical information is provided in links that are given in the post.

Thank you for the contribution. It has been approved.

You can contact us on Discord.
[utopian-moderator]

FRIEND! This is very interesting, really interesting. I would like you to visit my blog sometime to see if you like something, I am in the musical wave among other things and I thought maybe you would like something from my work. good publication brother!

Hey @edje I am @utopian-io. I have just upvoted you!

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