You can’t buy a quarter pound for a dollar, (or 0.89 Euro) anywhere dude.
I guess he was pointing out the inflation in Europe, which in most European countries is huge at the moment.
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I also meant countries like Africa, Asia or South America where with a dollar you can get more, sorry for the linguistic misunderstandings
You may not have wanted that result (I don’t necessarily agree with that assertion) but it is what is currently happening. At current rates we will likely be under 20k nodes in a month. I wonder at what point Storj pushes the halt button?
5k nodes gone? 7k? 9k?
it is little bit self regulating system, less nodes more incoming data, = more storage=more income=less leaving nodes
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Sort of
Spooling up a new node takes some time and I would imagine that it may be hard to regain some of the operators who may feel like it’s a case of “once bitten twice shy”.
It’s fairly uncharted territory, it’ll be interesting to see how it goes 
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Exactly, particularly with the 10 months of almost no income now. Reduced rates+withheld results in not much left over.
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We do not yet know the point where that equilibrium will be found. So far in the last 30 days the trend has been majorly downwards. I expect the next major drop to be after Aug 10th or so after next payment cycle.
As long as all my nodes are flat-lined, I welcome any nodes bailing out. The data inflow is still very low. This is the 3rd month my overall data stored has not moved up to much.
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I would be interested to know @BrightSilence calculations on this. If the network shrank by half for example down to 10k nodes, would that then impact data resiliency?
I dont think it will be a problem, theoretically it cold be if they drop all at once. But it happen slowly and repair is happening, also part of people make GE.
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Whatever you do, do not cross the streams
That would be bad.
Just ghostbusters no meaning
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smooth operator… smooooth operator… smooth operatooor… smooth
As of right now, with the current payouts, it would appear it is going to take me about a YEAR before I even start breaking even on a monthly basis - with one of the 3 lowest electric rates in the United States, and 3 TIMES lower of a rate than the national average.
How to you expect to attract new node operators when most them are going to LOSE MONEY for 2-3 years - if you still exist by then - then need 2-3 MORE years to get back to “even” before they factor in EQUIPMENT costs and gear that has probably in part DIED in that timeframe?
Hello @QuintLeo,
Welcome to the forum!
You should use an existing online hardware, which will be online with Storj or without. In this case any income is a pure profit.
We do not recommend to invest to anything with purpose only for Storj - you could not have a ROI soon.
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I was just talking about the RAW COST OF ELECTRIC TO RUN THE HARDWARE - as I specifically mentioned my very low electric rate in my original post.
Are you talking about tying my my main machine with this stuff?
Your reply is making ZERO sense to me right now.
I’m talking about already running hardware, so your costs already paid before Storj. And running a node just would give you a discount to your bills.
We do not expect that running a node will cover any costs. It may, but not guaranteed.
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This is a debate since the begining of time on this forum. Storj dosen’t want SNOs investing in new hardware just for storagenodes, don’t have a strategy to support that case. But greedy operators want to make money, want to build storage farms with hardware they don’t have, and they invest, and they realise the ROI takes way too long.
So do what you want, but don’t expect Storj to help you win big. And for the moment, the space supplied by SNOs is more than enough. Storj dosen’t need more space or SNOs at the moment.
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Maybe your hardware draws too much power?
With respect, if Alexey’s reply isn’t making sense then it seems you’ve not properly research the project before spinning up a node.
There are ample posts about that very subject.
Best wishes
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