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Honestly, I'm a bit confused on who the targeted audience is for this article. I've been running as a host for Sia for months now. My rig is a raspberry pi and

Honestly, I'm a bit confused on who the targeted audience is for this article. I've been running as a host for Sia for months now. My rig is a raspberry pi and a 10tb external HDD I had laying around.

Hamuko 7y ago
Do you make anything from it?
- prophesi 7y ago
  For the first few months, you'll basically have all of your Sia drained as your contracts start coming in and your host wallet gives them collateral. But yeah, my contracts only recently started to complete, and I've got the amount of Sia I started with at the very least. So... Yes, but probably not very much? Particularly when accounting for the price drop in Sia. Edit: If you do decide to host, it'll likely be about 5-6 months before your contracts start completing if your host settings go by the recommended 26 week max duration. And don't go out buying hardware unless you're in it for the long run, which makes me now realize the point of this article.
  - aschatten 7y ago
    Can you share more info on cost breakdown and earnings? Also, how expensive is electricity in your area?
    - prophesi 7y ago
      I wouldn't try hosting on Sia if you're trying to make a profit. I spent 20USD on Sia currency. And I didn't go out and purchase a RPi + harddrive for it. You likely wouldn't make a profit if you did. RPi's are great for costing next to nothing in electricity, though.
NKosmatos 7y ago
Exactly. I assume they’re targeting the “big guns” that can spend/invest money in order to build a Sia data center and then get a return out of it. I had a raspberry running Sia for a couple of months and made nothing out of it :-( When I originally heard/read about Sia I had the optimistic view that many of us users would power their network, where in fact only a few ones exist (~350). See https://siastats.info https://siastats.info for more details.
Taek 7y ago
The target audience is people who are concerned that Sia's long term economic story is fragile, and can't survive beyond what underutilized storage exists today. The types of farms described in the article are what I imagine Sia to look like 10 years from now, not something we expect to spin up in the next 18 months.

Hamuko 7y ago

Do you make anything from it?

prophesi 7y ago
For the first few months, you'll basically have all of your Sia drained as your contracts start coming in and your host wallet gives them collateral. But yeah, my contracts only recently started to complete, and I've got the amount of Sia I started with at the very least. So... Yes, but probably not very much? Particularly when accounting for the price drop in Sia. Edit: If you do decide to host, it'll likely be about 5-6 months before your contracts start completing if your host settings go by the recommended 26 week max duration. And don't go out buying hardware unless you're in it for the long run, which makes me now realize the point of this article.
- aschatten 7y ago
  Can you share more info on cost breakdown and earnings? Also, how expensive is electricity in your area?
  - prophesi 7y ago
    I wouldn't try hosting on Sia if you're trying to make a profit. I spent 20USD on Sia currency. And I didn't go out and purchase a RPi + harddrive for it. You likely wouldn't make a profit if you did. RPi's are great for costing next to nothing in electricity, though.

NKosmatos 7y ago

Exactly. I assume they’re targeting the “big guns” that can spend/invest money in order to build a Sia data center and then get a return out of it. I had a raspberry running Sia for a couple of months and made nothing out of it :-( When I originally heard/read about Sia I had the optimistic view that many of us users would power their network, where in fact only a few ones exist (~350). See https://siastats.info https://siastats.info for more details.

Taek 7y ago

The target audience is people who are concerned that Sia's long term economic story is fragile, and can't survive beyond what underutilized storage exists today. The types of farms described in the article are what I imagine Sia to look like 10 years from now, not something we expect to spin up in the next 18 months.