Announcing Community Satellite Pilot Program

[Alexey]

Especially in different locations.
We still need nodes there:

Request for more Storj Nodes in South America

Hello Storj community, We have been seeing great growth over the past several months and are very grateful for the efforts all of you have made to support the network. Currently we are experiencing growth in the South American region but we don’t yet have a large number of node operators in this area. We want to ensure customers in this area have an optimal experience. So we are putting this word out to request that if any of you have the ability to add additional capacity in this region, or kn…

Any storage nodes in South Africa?

I was wondering if there were any active forum user who maintain storage nodes in South Africa? After looking at the crypto law, electricity costs, and submarine cable maps, I’m really wondering what the user experience is like.

[Ottetal]

If you’re here to get rich, you are here for the wrong reasons.

Maintaining a handfull of nodes successfully for a few years will net you a decent side hustle - it’s never going to be a full time job.

[Ottetal]

It does not sound like you have a full 1TB stored. You’re not payed for the amount of space you provide, you’re paid only for the amount of space used. Additionally, If you’re storing 0GB on day 1 and 1024GB on day 30, you will get the average for the entire month, 500GB paid out on day 30.

The full payout scheme is available here: Payout - Storj Docs

If your node is entirely new, you’ll also need to wait for the node to become of age, before your income raises to 100% /month.

The full explanation to the held back scheme is available here: How does held back amount work? - Storj Docs

I hope this clears things up for you friend

[Ottetal]

What I mean by node age is described in the “how does held back amount work” article, with the excerpt:

• Months 1-3: 75% of Storage Node revenue is withheld, 25% is paid to the Storage Node Operator
• Months 4-6: 50% of Storage Node revenue is withheld, 50% is paid to the Storage Node Operator
• Months 7-9: 25% of Storage Node revenue is withheld, 75% is paid to the Storage Node Operator
• Months 10-15: 100% of Storage Node revenue is paid to the storage node operator
• Month 16: 50% of total withholdings are returned to Storage Node Operator, with the remaining 50% held until the node gracefully exits the network

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Long story short, first when the node is 10 months old, you’ll be paid 100% of what you earn