Hey so there's a new technology that would let me put a low powered device connected to the internet make me money. Yeah it has to do with crypto currency.
I'd like to start up a business where I pay for people's internet in exchange for letting them put this piece of technology into their home that's less than half the size of a loaf of bread.
This technology would in no way invade anybody's privacy as it would be impossible for me to spy on people's internet usage with the device.
What I'm wondering is how I would advertise this and how would I frame this deal? I would need to pay several hundred dollars to buy the device and additionally I would be happy to buy somebody's internet service for $50 or $100 a month in exchange for them keeping this device in their home running on the network. The electricity to run this device per month is about a dollar.
What type of business should I organize this into? I'm thinking S-Corp.