Hi,
I have recently “gracefully exited” my node from the Storj network because the Storj economic model suffers, on my opinion, from the following drawbaks:
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Since few months, the value of the STORJ token depreciates day by day. Its volatility makes “cash management” (convertion of Storj token in “real” money to pay the hardware and electricity) more uncertain and complicates the node operator earnings evaluation in $ in relation to the Storj’s pricing,
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Converting the tokens into money requires going through intermediaries who take their tithes in passing, thus reducing node operator’s earnings.
So, I would suggest that Storj should:
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Find a solution to smooth the fluctuation of the token,
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Offer a direct currency conversion service.
Finally, as mentioned in some topics above, my preference would be to drop the bandwidth costs and increase the storage cost per month.
Hogion