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RE: Steemit.com is running at a loss! Start generating revenue or get out, you are strangling other applications from succeeding.

in #exyle6 years ago

Do we have any idea how many full nodes there are and how many of those are being paid for by Steemit Inc.?

Also, is that $2 million figure just for nodes or does it include the corporation’s other expenses?

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Probably more than one by Steem inc. But I can only see api.steemit.com up right now. There must be more.

Other notes are run by these.

I think that 2 million probably also includes things like the photo picture hosting service they provide and other things.

I wish all this stuff was more easily accessible and not so secretive.

If they want to become a blockchain development company then they should do that. No point in wasting resources also providing a social media platform website, free API's and photo hosting that generate no revenue.

This then becomes a task for the app developers and people that want to build on the blockchain.

@exyle, so, you mean that we don't have DLT?

O, sorry for the confusion. No we do.

I wrote about it here.

@exyle, I will read everything. I want to know what is going on. I am a financial analyst. Crypto is in a Downtrend. We are now in a phase called "Capitulation". I don't know when it will end, but I think Bitcoin may drop well below $2000. Probably $1000 or $1500 per coin. So, in my view, Steem may drop well below 0,20$. 13-15 cents let say. I want to figure out if we will survive until the next bull run on the market starts. But we will have to wait a lot. So, hard times are coming...and they will not finish soon.

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