I suspect more file sharing websites to be shutting down in the future as we are heading into a recession and depression as banks are crashing.
A lot of these free file sharing websites were financed by a lot of corrupt people who had unlimited money and since the banks are crashing and these corrupt people no longer have money to finance these file sharing sites, they will have to shut down.
Many of the free file sharing services were not making any money to begin with. They mostly rely on making money from ads, but ad blockers have really destroyed profits.
It's really difficult for websites to make money these days compared to 10 to 20 years ago.
So is it a good time to start a file sharing service? I would say not yet. I would wait several years as we watch more websites shut down.
These next 3 years when as we get into the global depression people aren't going to have money.
Zippy share says:
"– Rising electricity prices. Over the past year, electricity prices have gone up 2.5 times, which, with a large number of servers, gives a significant increase in costs that we have no way to balance."
Which is true. Server costs have been getting higher and higher.
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