I have been abled now calculate my running costs.
I have 300TB space, it drawing about 650W. 650x24x30=468kwh
468/300=1.56 kwh/tb/month
electricity is from 30 per kwh
so 0,46$ per TB
Also Ethernet is 30$ difference between my normal needed speed and with storj
so it is 30/300 = 0.1$ per TB
All together is 0.56 per TB
for today i have only 235TB so today cost per TB is bigger.
I am spending several H a week maintaining all this, as it is need cleaning from dust, logs, some other things.
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Repair only kicks in after 4 hours of downtime, I believe. So that kind of takes care of short maintenance. No need to schedule it.
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Well, CDNs often deal with peak loads from many users at the same time. This could still easily overload the nodes hosting this data. The whitepaper did speculate about Automatic scaling, which would basically create more pieces on more nodes if demand for a segment goes up using a process similar to repair. But without this feature implemented CDN use cases are somewhat limited. That said, Storj is already used as a CDN for Android ROMs (I forgot which ones specifically), so it is possible as long as there isnāt too much peak demand.
As I have seen CDN just bring static pictures and scripts to nearest point to client that give him load faster. But storj have only one gateway mt server that can be used like this? as browser itself cant speak with nodes. So we need more gateway-mt points, that it can be also somehow decentralized with load balancers?
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Because of how Storj works, time to first byte is really hard to beat. So I donāt think images are ever a great use case. It would work better with larger files like videos and software etc.
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so kill youtube, let be jtube
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Ah, if that is indeed the case that certainly does sound like a reasonable amount of time for various maintenance tasks. Thanks for the information.
At first I was exited about Siaās stats. I mean itās cool when you see prices discovered by real supply and demand, allowing people to make well-informed decisions.
But then I find out that Siaās total stored data is currently just āhundreds of terabytesā. That isā¦ small. Much smaller than STORJ. To put in perspective, @Vadim ās capacity alone can easily represent half of the entire Sia networkās. Limited supply is susceptible to all kinds of market manipulation. For example, the company can just setup the storage and set a low-price offer to attract buyers, making it looks like there is activity on the network.
Iām not saying these stats are not useful. They are. But just be aware of where they are from. And take that into account before making long-term decisions.
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didnt sia not reborned as scprime?
Guys what we talking about?
Payout for node operators is smallest part of payments.
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I donāt think you can go by prices in a market with plummeting demandā¦
That said, it does give some indication. I just donāt agree that it should be as low as that.
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The price doesnāt have to be much lower than the competition since it offers completely different features.
Storj has the advantage in cases were data is actually used and not just stored. In cases where data is needed all over the world. Storj is clearly cheaper, even if it would have the same price as S3. If you want global distribution with S3 you have to clone your data into multiple regions, that adds to the price of the storage. Also, different regions have different prices. With Storj you get it for āfreeā.
Storj doesnāt have to be the cheapest in all cases. It should be cheapest where it matters.
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Well, competitors have solutions to allow their clientās users to get data with low latency even if the bucket is hosted in a single region (like Cloudfront in AWS). It make it more expensive also.
Aside from that, I can see how Storj has proces lower than operation costs because the company is trying to:
- be recognized as a provider - which only happens when people use your service a lot
- compete in cases in which the business people only care about naming and AWS/GCloud/Azure are the only options.
Aside from that, letās remember also that Storj is not really a traditional company: they have a very big kind of loan in the form of a crypto token, which they use to pay us and donāt need to invest in that until they want to buy back tokens.
However, other expenses like servers, payrolls, office spaceā¦ they are probably paid in fiat, and I really hope they are in positive balance because I really like Storj.
I like to see it like a long race against the point in which tokens need to be bought again, and Storj needs to be really profitable at that point to be able to do so.
Of course, at some point they will need to lower the payments to SNOs, because they are not printing money and the final balance taking into account crypto assets is really negative right now.
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Also, Iād like to say again that we are a great community and we are talking about this topic (which may be sensible for some people) in a really healthy way. Also, having Storjlings in the conversation is great.
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Downloading a snapshot of a constantly changing ledger is web3 enough. And if thatās not enough, you could say that sending an email is not exactly an innovative application of the Internet as a whole, because people used to send mail in Roman times.
One of the principles of web3 is lack of centralization. Storj is closer to that than the classical web, and hence web3 applications are a good target group for Storj. Besides, web3 applications tend to be more open to trying out new technologies. Itās just thatāa consumer group that is possibly easier to turn into early adopters than old-school corporations.
A https download that sits on cheap S3 with good marketing. You canāt do much business without marketing, because you wonāt attract customers. Iāve worked for two startups with great products and with failing marketingāthey no longer exist. Storj still does, and their consumer base grows.
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For web3 in general, everyone means the multi-node structure where such nodes communicate between them independently (without a master-node or other external entities that dictate rules) to provide a service.
Storj is NOT fully web3 (at moment) because the satellite is still an intermediator, without them the network is unusable because the entire master-book is lost.
With such consideration, is also true that having a blockchain (that is just another cool name of ādecentralized databaseā) just to maintain a decentralized order book is an overkill task. Also, the satellite thing can be replaced with a decentralized model in the future if the technology keeps going with such development speed.
If for some reason the satellite databases and backups are compromised, they can be rebuilt from nodes. A heavy task, but possible in case of disaster. This makes storj very very veeeeeeery close to web3.
Please note that storj token itself has nothing to do with web3 structure.
So, how can we maintain such structure with a lower price model?
IMO we canāt, nor we should do it. We can optimize it, but itās pretty impossible to maintain costs lower than a centralized counterpart.
So we should do more where we are strongerā¦
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For the record your statement in your first post was:
Which I understood as meaning ĀØFade out the Token Marketing and Web3 MarketingĀØ - if that is not what you meant, then there was a misunderstanding. If you would like us to phase out the STORJ token altogether, please refer to the multiple threads on this forum that explain why we are using STORJ token and will not phase it out.
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@IsThisOn first of all, there is a law in nature that says something like āif you want to survive, you have to adaptā. Storj started as a project, crypto related, and like all the crypto related projects, with the big majority turning to be scams, it must proved itself to be reliable, trustworthy before demanding big investements from SNOs. You donāt jump into a new project with new and expensive hardware; you use what you have to test it first, for a while. Thatās why the marketing slogan was what it was back then. Now, the evolution of the project require adaptation, and this means relying on better hardware, reduce the cost with repairs, be assured that your SNOs stay on-line longer, more free space available and so on.
Second, if you want FIAT, you can āmineā directly to an exchange and change to FIAT the moment you receive your storj payment. I donāt know how many SNOs whould agree to give to Storj team the real name and bank account details, than declare the income and pay taxes, with all the bureaucracy that is involved. I know I whouldnāt.
Third, I only joined 2 years ago, but in 2 years, all the good stats are pointing up. The data stored increased from month to month. The engress has increased slightely. The test data decreased. The clients are coming faster and bigger. The storj team comes with good news more ofted. So, Iām pretty happy how things evolve. So I donāt understand your negativism.
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Just find out this good explanation.
In my opinion, in order for Storj to work, it needs to reach economic scale on the supply, beside the pay out model adjustment, we need to dummify the work for node operators. Think something like a windows/mac executables that allows node operator just to run in their operating system. With 1TB min. dedicated hard disk space pre-allocated. If Storj can come to easy of installation, it would have allow more node operator to adopt and reach economy of scale and really allow de-centralization of the data.
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