Author Topic: Service Node Payments  (Read 1225 times)

def15

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Service Node Payments
« on: January 09, 2016, 06:04:59 pm »
Here's my interpratation of coins101 servicenode payments spreadsheet.

Changed/added a few things

-Coin supply
-Market cap
-Changed reward from 30% to 40%
-Changed amount of nodes from 166 to 1600 :o

Assuming the coin supply stayed the same it will take the price of SPR to be $0.30 or a market cap of $1,400,000 for hosting a node to be profitable (Which btw would be completely reasonable). The problem is the cost of 10 nodes say would be around $150 a month and the net profit would only be $50.
I think this will discourage big players from joining in the competitive SN market and leave only hardcore spreadcoiners to host nodes at a loss or barely break even.

Therefor i propose lowering the factor of 2880 (Is it 2880 i can't remember?) to allow a smaller amount of nodes in the market place at the beginning. Instead of 1600, maybe 1200 or 1300? This would greatly help SN operators make a profit in the early to mid term stages of the network growth. Also i think we would have more healthy nodes on the network as a result of profit being higher.

These are my suggestions for the first version of testnet!


https://docs.google.com/spreadsheets/d/1sqwY4qRWB2zqJEk9kiZB0mHPi9A6Vfuu3QA-ruy4Q8s/edit#gid=46989390

http://tinypic.com/r/30csk95/9

def15

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Re: Service Node Payments
« Reply #1 on: January 09, 2016, 08:48:56 pm »
Ok so i just knocked this up.

I changed the coin base allocation from 40% back to 30% (As it wont be needed)

I set out to completly go over the reward/cost of the whole operation...

Heres what i found (:o)

https://docs.google.com/spreadsheets/d/1sqwY4qRWB2zqJEk9kiZB0mHPi9A6Vfuu3QA-ruy4Q8s/edit#gid=203461156 (bottom right tap (ascending))


def15

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Re: Service Node Payments
« Reply #2 on: January 17, 2016, 11:26:40 pm »
Price Analysis And Projected Income From ServiceNodes



Image #1 - Today's chart Showing highs of 0.00020000
Huge volume over the past two months.





Image #2 - Spreadcoin hit new all time highs today since the takeover by georgem and the team.
A big congratulations to gerogem is in order!






Image #3 - Why I think spreadcoin's  price will go nuts
We are seeing more volatility and high volume. Servicenodes aren't even out in testnet and we see a marketcap of $400,000 or 0.00020000 sats. IMO a successful test and release of Servicenodes could bring a marketcap of around $1,300,000 - $1,800,000 or 0.0005 - 0.0007 (because of low liquidity). Servicenodes seem to be within reach and i think people know it... People know this could be huge.







Image #4 - Potential income from servicenodes is too good to ignore
We reached $0.085 per SPR today, which we can see at this price how much can be made from owning 10 Servicenodes







Image #5 - Lets adjust it for my prediction upon release of SN's
With an SPR price of $0.40 or $1,850,000 marketcap






Image #6 - Speculation on the price of Spreadcoin once PoBN is released
With an SPR price of $2.00


def15

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Re: Service Node Payments
« Reply #3 on: January 17, 2016, 11:27:11 pm »
Ok i have added a new tab at the bottom of the page to show what 50% of the coinbase paid to node hosts would look like.

Holy Spreadcoin!

https://docs.google.com/spreadsheets/d/1sqwY4qRWB2zqJEk9kiZB0mHPi9A6Vfuu3QA-ruy4Q8s/edit#gid=638300388


BBS

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Re: Service Node Payments
« Reply #4 on: January 22, 2016, 02:37:10 pm »
What is the minimum requirement for a VPS to host the service node?
Thanks
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