For fun. And they changed a lot.
Not deleting files. Not paying for trash. Reducing payout. Not paying SNOs up to self proclaimed amount. There is so much that is going wrong with that company.
This all could be overlooked if customers would fly in. But they dont.
We tested for almost a year for Vivint then they made a last minute decision that they need SOC2 datacenters. We knew certifications are important from the beginning. Only Storj was surprised. Now we have it that customers go for Select and Storj frantically tries to get it public network certified. They see the downfall.
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LOL. If this was a negotiation, that strategy had worked, maybe, but it’s not.
And telling that you spend tens of hours maintaining storage nodes, says something bad about you or your setup. 
Storagenode should require zero maintenance if you know what you are doing and use proper hardware for the task.
If you go with what you have that maybe wasn’t ment for server workload, brandless crap from Aliexpress, etc. than yeah, you get what you paid for, but it’s not Storj’s fault. Even though… but we already had these discussions.
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Wait I learned it the other way around. If I tell my boss I need 1 hour to fasten a screw he will kick me out or won’t give me more money.
But if he sees me doing it in like 5 minutes I have a reason more for more money (cause I do work faster) and my boss is more willing to give me more money.
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And more work… 
(Mumble jumble)
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1 node (I had added 2 spares for the test data)
If you count lurking in the forums as maintenance, then 8-10 hours, else closer to nothing a month.
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Storj isn’t my employer for this I’m my own employer, so I need to be honest with myself. If I spend more than about 20 minutes per month on managing the project, I’m losing money if I value my own time based on what it returns.
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This is a horrible advice. (For those who miss the sarcasm. If there was one. I’m no longer sure of anything anymore.)
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Yes? But do you want more work for more money or less work for less money?
And besides, you are not paid for how hard you work or how much you do — but how much value you create. It’s up to you to spend least amount of efforts to create most value.
In the context of this thread:
- if maintaining node takes any of SNO time — it’s wrong. Storj doesn’t need SNOs to maintain nodes — they do it themselves. SNO just need to provide interwebs access and power. Which they allegedly already do for themselves anyway.
- if withdrawing $10 takes three hours — it’s wrong too. Money shall flow freely.
Storj pays for the amount of value they get from snos running the software (actually, still way more, bur that’s a different topic) but not for 90% of overhead some here seem to have.
This old “use what you have” mantra works here too — time is more valuable than any amount of money, so you are not expected to spend time if you don’t want to.
Therefore the whole thread is moot — do it if you want, or don’t if you don’t. Spending time discussing it is absurd…
And since I’m still holding the microphone — I expect storj to reduce rates by 50% (or wait until inflation does it for them). I’ll show myself out.
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With the amount of surplus capacity we have now… they certainly could reduce payouts. But recently they found themselves in the position of having to plea for more SNOs and more capacity for the Vivint deal. Even though the community was less than a year from the last cut… they responded and brought many more PiB of space online. And it now sits unused.
So… before they reduce rates again: they better be certain they can maintain enough free space to land the next whale. Because if they cut payouts again… the community may ignore their next cry for capacity. Something something cry wolf… 
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But why should they cut prices? The unneeded capacity isn’t bad for them cause they don’t pay for it. So they can let it be and let the user decide if it’s ok for them? Or am I wrong?
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…but they do pay for all the used capacity, which is a business expense. Knowing they have a mountain of unused space out there means they know they’ll still have a surplus… even if some SNOs exit after a rate cut.
So lowering payouts, and immediately paying less for all their used space, helps their profitability. As long as they’ll still have enough spare capacity to land the next Vivant.
The alleged mountain has Storj Select space too. We can’t tell the difference from public network and Storj Select. So any assumption has to be taken with a grain of salt.
The huge surplus comes from the same SNOs that were here before the last payout cut, that were screaming than, too. I imagine a new cut will make this surplus go away very quickly, and once the old SNOs leave, the entire project goes to dust. Very few new faces join this days, to count them in.
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I might be wrong but… As far as I know select is using US1 satellite. So the diff between US1 and the other satellites should give us an estimate of free select space. 
BTW: I wouldn’t be surprised if most of the existing select nodes are operated by storj.
Storj Select have a capacity on all satellites as far as I know, just US1 is a biggest one. The grow depends on the customers’ demands. No Commercial Operators would put their capacity, if they wouldn’t be sure that it will be used.
Most of customers are going to the Global Storj, not Storj Select. The Storj Select - for few with special requirements, which doesn’t allow them to use the Storj Global.
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So the correct terms now are Storj Select and Storj Global? Is this official?
I remember there was a debate regarding their names.
1 node, started in 2019, I just connect to the node once a month to upgrade the OS and to see if there is something wrong (i.e.: I/O errors on system logs). I usually don’t spend more than 5 minutes per month.
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It’s not official per se. I just prefer to call it Storj Global as an opposite to Storj Select.
It’s not quietly true anyway, Storj Select has several regions of presence, so it’s some kind of Global too.
I do not know what is the best naming though. I just do not like the name Storj Public.
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