Inflection Point

I suspect, for those watching:

https://storjstats.info/d/storj/storj-network-statistics?orgId=1

We’re looking for that inflection point where consumed is greater than available. I know Storj is controlling that inflection point. I would love to see that go beyond their control in terms of consumption.

I’m doing my part.

For my critical, personal VM data I backup every 4 hours to 3 targets using restic:

  • Local sftp NAS
  • BackBlaze B2
  • Storj with S3 Gateway (to avoid the 2.x expansion)

It’s not a ton of data (around 10GB), but I’m a pure Ubuntu user and want to recover my Thunderbird email. I’ve corrupted it many times :wink:

Good news, it works.

I’ve recovered my Thunderbird email w/ StorJ.

For the paranoid (like myself) out there, it suites my needs. I like the restic/rclone combo and I totally believe in restic at this point.

I’m about 75% there w/ Storj in terms of business viability. Again that inflection point is key to me.

I’m also a Storj node op. I have a lot of Linux expertise and it works perfectly.

Just sharing I guess, but it could be applicable to many folks that want multiple recovery targets with a reasonable RPO.

Would love to know if other Storj node ops are doing something similar and advancing our own cause.

I would love to read, what do you exactly mean by inflection point? I see that the network has more free space, than used. But this is OK, since almost all SNO may extend their storage very quick, I have read posts from people with PB free disk space available in a few hours and they are not a datacenter owners :slight_smile: (well, maybe they are the Home Datacenter owners :smiley:, or likely the ex-HDD miners).

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I think it’s mostly psychological. But it’s the point in the graph where consumption passes available capacity. Just like the stock market, that inflection point creates a mental confidence for all parties involved. It’s close now. If I were StorJ, I’d attempt to control that graph such that it reflects greater consumption than available capacity. Basic supply/demand economics. ie your product is in demand and we’re trying to keep up w/ that demand.

I think the supply/demand schema will work in this case too. If SNO will notice a consumption, they likely would extend their allocation to get more data and profits.
I believe it would not require any interventions from the Storj side, it usually works automatically.