July Payouts for the month of June 2020 are out!

Hi All,

As @BrightSilence wrote a very good summary, I completly agree with that, but I would add something to the minimum payout system. I think it would be better to create a hybrid solution, a minimum value which could be x dollars, for example: I make 2-4 usd in a month so even 10 usd would be months to reach which I’m not sure I want to wait as I convert storj to btc and use it on exchanges. So an User Defined minimum should be nice, also next to that an option where the User can withdraw immidiately with paying the fees or with the next monthly payout without paying the fees.

@Cmdrd @kevink I would like to suggest you to make a separate idea there: https://forum.storj.io/c/parent-cat/sno-feature-requests-voting/38 with tag “payouts”

simplifying payouts is fantastic, I also agree that a min threshold of $1 would further save gas price for payouts.

Just a suggestion, is it possible to send an email receipt of the aggregated payout so that SNOs operating several nodes can get a digest? The digest is surely available anyways for payout calculation I suppose

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I wold sujest threadshold 5$, or Withdraw process, but it shold be avaleble 24/7, event in the midle of month then. So money could tick all the time to internal account, like on dashboard every day accounting.

So people can decide doesh thay withdraw them, or use for storage renting. then will be less overhead fees at all.

I like the idea of SNOs being able to pay for tardigrade service directly from their SNO earnings without all the transfer fees. I run a small node, only about 1 TB right now, and I use it to pay for tardigrade as an offsite backup service.

Many months ago I temporarily joined an etherum mining pool and did some GPU mining for a week or two(they had a minimum payout threshold I had to reach so it took a while) to be able to get enough ETH(to pay for transfer fees) to be able to send my storj token back to storj to pay for tardigrade.


Hi Mark,
I think this is a great idea! Would you mind making this a post on our ideas page? https://forum.storj.io/c/parent-cat/5
Cheers, Jennifer


Done. Voting is enabled at the link below.


I wonder what would happen if Storj would include an ETH miner into their software.
Either so a SNO could mine for himself or a joined account for all existing SNOs which could be used to pay the gas for Storjs monthly transactions.

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Bad ideas. Some SNOs are using RPi. Mining takes lot of power and ETH hashrate isn’t going down.

Joined account will be drained as soon as it goes up. It would be waste of dev resources IMO.

Hi @jtolio,
When is the GE payout supposed to be completed?
I successully compleyed GE for 1 satellite in mid June and didnt receive the full withheld amount.

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You would get a faster response from support


While we´re at it @nerdatwork, are we sure that Stephan´s satellite is going to be decomissioned? I mean, is it safe to GE it?

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Very good question. And are we ever going to get our held amounts from it?

It’s safe to GE as long as your data is intact. There have been SNOs that have successfully completed GE on that satellite and were paid.

My data is intact indeed on my 6 nodes. But my question is: is Stephan’s satellite going to be decommissioned for sure, or there’s a possibility it might be reused?
Because once GE starts, we’ll finish the relationship with that satellite, and if by any reason it starts again I won’t be able to receive pieces from it.

storjlabs has been very quiet about what’s going to happen to that satellite.
By now I did GE on it on all my nodes. If they start that satellite for a different purpose again, I’ll just create a new node that only uses that satellite.

he has been part of this project for years I don’t think the relationship is over my opinion last hour in my logs orders.118UWpMCHzs6CvSgWd9BfFVjw5K9pZbJjkfZJexMtSkmKxvvAW sending {“count”: 1}

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There have been mixed messages about it. It has been mentioned that it could become the first community satellite. I think it will be repurposed, but the relationship between it and tardigrade may change. Either way, I’m not exiting. I did receive half my held back amount already with the payout for month 16.


GE completed, option is to always setup another node if you really want to use this satellite in the future.

Yeah…I think I´ll just keep at it his :slight_smile: