I have no opportunity to scroll all the 300+ pages, but I'm interested in long-term investing in this project, but I haven't found what are the risks of this project if we take current situation with altcoins and knowing the competitors?
Also, I didn't find the profitability of the mining for SONM compared to mining ETH for example. Is there any calculator or table?
A quarter of my portfolio is Sonm right now. I would scroll through some of these pages - doesn't take too long. By checking out Sonm's videos on Youtube you can see the developers and their road map.
Basically there are 3 companies now offering "fog" computing. 1-Elastic 2-Golem 3-Sonm
none of which have a working platform at the moment. The risks are Sonm may not make a working platform and another company does or nobody gets Fog computing to work.
You can't mine of contribute to the Sonm network just yet. They had an alfa release which I downloaded on GitHub. I installed a free virtual computer and downloaded docker. I couldn't get it to work or find much help. But they are working on releasing a more user friendly version.
As far as future price I believe the market needs to dictate that. What I mean is it needs to be profitable enough for miners and at the same time be affordable enough for users to purchase this service. Price too low miners will just mine crypto instead. Price too high people wont use it for long because they will find cheaper services. The idea behind this project is to cut into profits of large corporations who offer cloud computing products and rendering farms. Giving profits to miners instead and giving consumers cheaper options. Hopefully contributing to the Sonm network is 2X or 3X more profitable than mining ethereum or other GPU type coins. I believe there are tons on people with GPU mining rigs ready to jump on board and contribute. I do have one concern :
My concern is: This is running on the Ethereum blockchain. Will Ethereum be fast enough to handle Sonm? Maybe for rendering large files and hosting webpages it will be ok. But how about for video games which requires low ping rates where it needs to be quick, snappy, and responsive. Will etherium make is slow and not enjoyable? That's what I don't understand. If anyone has an answer to that please let me know.