You can do that, that is gambling of course and 12 month is plenty to loose such a drive on, but if the price is low enough that can work out.
except that it is not growing that fast. we have a few test nodes running for more than a year even though weâre not convinced, just to see how good the network actually performs in reality. They made only 90$ in total within that time. So not even remotely profitable and none of the nodes were filled up even near to their capacity. So yeah.
2 Likes
It takes about 2 years to earn back the cost of a 20TB HDD and in the next year, you make enough to buy almost 2 more. At that time itâs also about to fill up. If you can keep running costs down, this is a great deal. The only downside is that it doesnât scale due to IP filtering. But over the course of a 5 year lifetime (warranty period for the HDDâs I use) it would make about $2750. For an initial cost of $400 and marginal power costs per HDD.
I agree. My monthly income with capacity to spare used to be around $50/mo with a single full 14 TiB drive, now the rate is far slower with three drives bringing in less than $25/month gross. There is little to no profit.
I tend to disagree. Have a node 20 months old alone in a /24 subnet on a 200Mbit symmetrical dedicated line - business grade Internet access running on a Dell R740, and in 20 months it made $130 with roughly 5TB filled. Estimated earnings are around $16 this month, lets make it an average of $20 for the next 4 months, which will be $210 earned in 2 years. Lets say the held amount is $0. 20TB Exos is currently âŹ358. Have another nodes running on a DSL and FTTH at couple of other places and they have approximately the same earnings. I think I canât blame the hardware or access for this but it might be due to a physical location in eastern parts of the Europe, so your mileage might vary.
You are almost certainly sharing your subnet with another node. You should have way more than 5TB filled after 20 months. At least double. You can check here for other nodes on your subnet. Neighbors
I know about that page and have a script monitoring it (and the other nodes) and it is the only node on this subnet. Besides that it is an old /24 RIPE assignment just for us, but for obvious reasons I wonât be giving out our ASN or IP. So that is 100% not the problem, I promise.
1 Like
If itâs not that, there is something else. Iâm monitoring nodes on multiple subnets (my own and of a few friends) and all of them have about double the ingress you are seeing. Consistently. Your case is not representative.
When I had a node I also had very little data, also Eastern Europe, no one from Storj Labs was interested in it, so I no longer have a node and I no longer subsidize the operation of this companyâŚ
and as I see now it is still terrible with data distribution in my areas, so I am not going back to run nodeâŚ
It might be different for older nodes, you might be getting more repair egress for example. Nothing else comes to mind really. Download and upload success rates are above 98% most of the time, currently lowest uptime is 99.92 as I was moving from physical drive to LVM and during the rsync I had to shutdown. On some of the satellites in some months it was even 100%. As I said, maybe western parts of the Europe are more profitable because of more customers closer to the nodes, but of course Iâm not blaming anyone for anything, I also appreciate your work, just saying what my experience is.
As long as a node is vetted, itâs age doesnât matter for ingress. And I monitor nodes of different ages that confirm this. I canât really explain why nodes in a specific area would accumulate less data. The nodes I monitor are in the Netherlands, Germany and one in the US. And all see quite similar behavior. Unfortunately success rates arenât very reliable. Itâs still possible you are losing races and data gets removed in garbage collection without you noticing.
That might be the case, yes, as every GC run it looks like significant amount of data is moved to trash (currently sitting at 118GB).
I have 2 node on one ip one is 8 month ols has 1.76TB
second is 7 month old has 1.54 TB As they treated as one node all together it is 3.3TB in 8 Month
so it is very interesting why you have 5TB in 20 months.
connection is only 50mbit for them.
And I am in Estonia, so is not western EU at all.
1 Like
Did check the node stats and May 1st 2022 (if my math is correct that is 8 months until Dec/31st) the used space on this one was 2.127TB, which adding yours 3.3TB would make it 5.427TB. The exact used space on it ATM is 5.160TB. I think this can be explained by the period of mediocre ingress in the past, meaning the last 8 months ingress was significantly higher than in the previous period. I think we can agree that ingress picked up only recently. You are also bordering some of the best economies in Europe, which canât unfortunately be told about the area around here, so the long tail cancellation might play a role here as mentioned by @BrightSilence. So really it doesnât look that much impossible.
Iâve started observing a similar behaviour recently. I have access to data from my nodes (home ISP in Poland) and from a befriended company (who uses Hetzner in Germany for their servers). The Hetznerâs effective ingress (after removing GCed pieces) is almost twice that of mine over the last month.
There must be many, many nodes in proper connected data centers now, compared to home users. Hence I guess good connectivity starts becoming a survival factor for storage nodes, not just a competitive advantage.
I now wish Storj could publish some histograms of won races per node, maybe grouped by geography, maybe by AS.
4 Likes
A simple exampleâŚ
colleague, location: Germany
sister, location: Poland
2.82TB after 20 months
(I have long told my sister to turn it off)
I thought the Successrates Shows how many races the Node has won? Is there another metric about winning races?
From the last restart, unless you configured to redirect logs to the file (for docker version).
And sometimes the node logs a successful download/upload, when the customer is canceled the transfer at the end.
1 Like
Hi,
I have recently âgracefully exitedâ my node from the Storj network because the Storj economic model suffers, on my opinion, from the following drawbaks:
-
Since few months, the value of the STORJ token depreciates day by day. Its volatility makes âcash managementâ (convertion of Storj token in ârealâ money to pay the hardware and electricity) more uncertain and complicates the node operator earnings evaluation in $ in relation to the Storjâs pricing,
-
Converting the tokens into money requires going through intermediaries who take their tithes in passing, thus reducing node operatorâs earnings.
So, I would suggest that Storj should:
-
Find a solution to smooth the fluctuation of the token,
-
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