I don’t know much about edge services but is that possible to let them do it by themselves if they need it? I mean Storj just provide the software for people who need it, they can setup it somewhere and do it by themselves?
not everybody get taxed
1 Like
yeah, they don’t care enough above developers which they should. They expect everybody to implement it using uplink cli which is really bad. Glad to hear somebody think the same.
1 Like
They reduced the staff by a 12.5%, so yes, they also made some cuts on their side, which are by far more painful to do and probably cuts much more money than the one spent on SNO payouts.
I do not have the details - not working with or associated with Storj Labs - but it may probably came with some reductions in other areas, not only SNOs.
6 Likes
I also took an initial look at those third-part wrappers a few days ago. I do a bit of Julia, havent seen it on the list so as Julia has good integration with Python directed myself there. But it was not quite encouraging seeing the repos are not endorsed by Storj, that they are quite outdated, and that the documentation was not quite there. I put it away for now because I am busy with other things currently. Plan to dig deeper on this hopefully in a few days’ time. I was also hoping to find a direct integration with GitHub Codespaces, something like Tailscale provides but so far was not able to find it. I have to admit that also I was hoping to find containers that would enable me to jump quickly onboard, understand the ecosystem and do some very simple development tests with my free Storji account but not sure if such a thing is being provided. Apart to docker I was also interested in podman. Well, I know, it’s almost the same thing but there are sometimes important differences, especially when you take into account SELinux policies (I am not an expert on this but if this is not true, I guess @arrogantrabbit could possibly correct me). Also took a look at K8s and OpenShift integrations, was not able to find it so far. Well, I have to admit I was considering suggesting in the forum, Node Operators section, that maybe we as the Community Members could create a website like linuxserver.io but strictly dedicated to Storj but it would still be a third-party integration and I am not sure about monetization strategy, so I restrained myself from doing so.
I’m really speechless, but if we’re going to talk about this graph, please tell us, and for this we, those who put the net at all, have every right to do so, what please the cost of the item “Other” includes.
In German there is the word “Vetternwirtschaft”, that’s what it looks like to me here.
3 Likes
I don’t think Storj inc will go through with this proposal. They’ve seen that all of us would quit instantly. I guess they will need to jack up the prices.
1 Like
This would lead to payouts dropping by 50% to 75%!
I was thinking of expanding the array in NAS soon. My node is currently taking up 8TB and I have around 3TB free.
Instead of buying a new drive for my NAS, it will be more economical for me to shut down my node and recoup the space. This may be what you want, but thanks for the notice.
3 Likes
(post deleted by author)
(don’t want to participate in this discussion because posts are deleted without notice)
1 Like
why not try All in one price? 20 dollar per month for a standard node
Hello,
so far I have seen that no one has said that they are happy with the proposal. Not even with the maximum proposal.
I see a lot of people saying that the biggest factor is energy prices and for them it only makes sense if they cover the energy prices and if they buy a hard drive that they want to get the money back for it before the hard drive dies.
We all know that it only makes sense to pay storagenodes less than you charge customers. So no dreaming about high numbers.
I see some possibilities, but Storj needs to decide which direction they want to go.
I think repair costs can be reduced without anyone caring, so I put them in parentheses.
Option 1:
Follow your proposal, which would mean using only hardware that is running anyway.
Storagenodes receive:
$1/TB storage
$5/TB exgress
($5/TB repair)
Here the big question is whether enough people would do that, or whether everyone would just leave because they say it’s just not worth it.
The next big question is whether this would make it possible to scale to exabytes.
Option 2:
Price increase.
If Storj raised the storage price from $4/TB to $6/TB or $7/TB, it would be possible to pay the Storagenodes maybe $2/TB for storage.
For $2/TB, it would be okay to get $5/TB exgress and $5/TB repair.
Customer pays:
$7/TB storage
$7/TB exgress
Storagenodes receive:
$2/TB storage
$5/TB exgress
($5/TB repair)
Option 3:
Offer multiple tiers of storage.
Low storage, high bandwidth. Example backups.
Customer pays:
$5 storage
$40 exgress
Storagenodes receive:
$1 storage
$35 exgress
($5 repair)
High storage, low bandwidth. Example Video streaming.
(I struggle with the values here, these can certainly be optimized).
Customer pays:
$20 storage
$6 exgress
Storagenodes receive:
$15 storage
$2 exgress
($5 repair)
Option 4:
Marketplace.
Anyone can set prices that cover power consumption and return on investment before the drive dies.
Customer can set prices they are willing to pay.
Storj gets 5-10%.
The market takes care of the rest.
Option 5:
Storj buys disks and servers and builds data centers around the world. But here you are in direct competition with Backblaze and have no advantage like parallelism, speed, scalebility.
Option 6:
Overclocking method.
Decrease monthly payments to storagenodes by 5% until storage usage is 90%. You have found your lowest price. If you want more storage, you have to pay storagenodes more.
Option 7:
Venture rounds. Backblaze also makes losses because they want more market share. At some point, they may have to raise prices too.
I see its drifting even more and more, the last post of me in this thread … and … let the force be with us. LOL
Their token has taken a bit of a hit today as well. Maybe a SNO sell off?
Please, let’s move salaries off the conversation.
Those people are investing a lot of their time in the project and they get paid for it. We don’t know their terms, if they had reductions or not.
Most SNOs do this as a hobby to get some pocket money and Storj always said that SNOs should use used hardware they already own, so no, it is not the same as people’s salaries.
This kind of comments are not good for a sane conversation and they are trying to compare apples and oranges. Please, lets focus on the economics and how it affects us, not other people.
3 Likes
(post deleted by author)
(don’t want to participate in this discussion because posts are deleted without notice)
All cryptos are down, Silvergate declared bankrupcy and the US is proposing a tax on electricity used for mining.
I urge you to please stay on the topic. SIlvergate, the bank for cryptos isn’t relevant to this topic. I hope you also know Storj isn’t mining.
market is in bearish mode
A SNO asked if the drop was due to this topic, I responded no, it isn’t.
I’m not even suggesting that Storj will be classified as mining by the US (I’m not from the US). That’s an open question for a different topic.
2 Likes
I just want to point out that these posts are being read internally by Storj staff. I know there was some question whether anyone is reading these posts or have already made up their mind on what they are doing. They are reading them, and nothing is decided right now. If you’ve been here for any length of time, you’ll know that John Gleeson is telling you straight on what is going on. This is a proposal for open discussion.
There is a lot of internal discussion about this and many ideas are thrown at the wall to reduce the impact on what the company is paying SNO’s. For the decision makers, it’s useful to know what costs are being paid by SNO’s, and what their breaking point is to leave the platform. Especially when it comes to power cost and how much storage you currently have.
10 Likes