Comment Re:The thing about P2P and bandwidth distribution (Score 1) 497
I forget how long I've been in this game...
Not sure what you are referring to, in the 90's there was dialup
and the average price was more like $15/month.
My time frame from memory is about 1994. I came to Minneapolis in 93, and spent roughly a year looking for an ISP. MRNet was the only real
provider, and as a consortium, they priced service assuming you were a
reseller. A friend of mine at 3M actually did use them, and he was
paying $185/mo for dialup, well beyond what I could afford.
Not to surprisingly, this was a reasonable rate from a reseller
perspective. The going rate for a T1 of internet was in the $5K range.
Roughly a year later, some internet enthusiasts put together the
wonderfully named "winternet" and offered access for $25/mo. I was
absolutely thrilled!
They were, of course, selling at a rate that reflected the natural
over subscription of casual internet use, not the potential cost of full
usage. They saw what ISPs were to be before others did.
But it also artificially lowers the speed and increases the rates for anyone who absolutely has to have guaranteed bandwidth for financially justifiable reason and has the means to get it.
Last I checked, wholesale reseller bandwidth was around $100/Mb. That's the rate they charge each other. Here in Minneapolis, the ILEC will sell you a T1 of internet for around $300-$500. If you need guaranteed bandwidth, that's a pretty reasonable markup considering it includes transport cost in addition to internet.
If you are paying $30/mo for "7Mb" (the most aggressive current local consumer pricing) you are pretty much in the position of buying dollar
bills for nickels, nice if you can get it, but clearly there's a "catch".