Hey @lukebrn! Interesting post / series. Thanks for putting this comparison together. I had a couple of thoughts while I was reading through this:
- The first section is supposed to say $200 - $1,000, right?
- Is this the potential revenue per year?
- I read in a different article that holding 1 NEO gets you a little bit less than 1 Gas per year. It would be awesome to know a bit more what factors/sources you used for the estimates
- In case you're fully renting out your space on Storj, does it really generate up to almost $500 with a $200 - $1,000 investment?
No problem!
It was supposed to be a colon, not a -, I have that fixed thanks for showing me!
Yes it is, but if the price of each coin inflates or deflates it will change!
I used a Neo calculator and my own knowledge from staking - if you check my passive income series day 1 I have a link to the calculator I used there!
Yes, but like I mentioned only if someone rents out the space you upload! I'm not sure what factors effect who's space gets chosen.
This week's post were relatively conservative except for Storj, in the week coming I'll be looking at more new coins/lower market cap, as well as some high market cap coins. Thanks for the comment and hope this helps!
Thanks for the quick response! Oh I get it now ... the budget is broken down and evenly split amongst the coins. Storj seems to have a pretty freaking lucrative ROI if someone could manage to run this at full capacity. Perhaps an assumed average capacity of 10-50% would bring this back to a more modest average ROI.
Now worries - yeah it really does! Just you wait, there are some crazy cryptos coming up in this area, check in throughout the week!