What is the current node cost?It’s mean that miners’ operating costs.
Storj is not mining.
It depends on what you plan to do.
If you already have a PC and free hard drive space you only have the electricity bill.
Otherwise you have to pay for a server and hard drive, but Storj advises against investing in new hardware.
I run almost all of my nodes with RaspberryPis. The electricity costs are very low and are easily covered by Storj.
Okay, how much does it cost for a person who wants to become a miner, including hardware and electricity bills?
This is not mining, that’s the point
The bandwidth and storage are used by real people with real data, thus no predictable income.
You can’t use the past usage to predict a future usage.
However, you can use this Community Earnings Estimator to have an idea:
So the better approach is to use hardware which will be online anyway, with Storj or without. Even if you would not have any usage - you will not lose anything, since it’s already online and all costs are covered.
The any profit will be a nice discount to your bills.
You will be paid $1.5/TB of used space per month, $20/TB of egress traffic to customers, $10/TB of egress audit and repair traffic, the ingress is not paid (you already paid for storage usage).
Thanks for your answer.
Non fact based and opinion only! below
Using US$ for a basic node you’ll need
Internet Connection maybe $40 per month
Raspberry Pi 4 maybe $50
Disk space maybe $20 per TB, 8TB would be good.
For this you could get return of rising from $0 at the start to $30 per month after a year.
My calculation looks similar but it differes in a few points.
- I pay for my internet anyway. It would be nice if my storage node could pay for a 5€ speed upgrade. If not I will simply downgrade to my old internet connection and pay that as I would without storj.
- I am currently using some old hard drives. They do not cost me anything.
- I have a power measurment device connected to my little server. I need to make 5€ in order to keep it running. I am not running any other service that would require me to keep the little server running 24/7.
- Hardware for that little server can but doesn’t need to be covered by storj. As long as the above costs are covered I would keep my storage nodes running. If I can’t cover the hardware costs it was still worth it because I learned a lot new stuff about linux.
It is true. If you have a desk like mine you could make a storagenode for the cost of an ethernet cable.
(Thats 12TB + 1TB + 1TB ssd plus two pi 4)
Do you like the new heatsink, Don?
I want to know more about this heatsink. Are you selling them? Where can I buy 20 of them?
Plumbcentre! They come in a strip of 50!
Hello, can I have more than 1 node on IP address? Thanks
Thanks fot the info!
Have a great day/evening