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Where did you get that number, out of curiosity. Google's cloud storage is 2 cents per gb per month and backblaze b2 is $0.005 p/ gb per month. I understand in
by JZL003 4y ago
Where did you get that number, out of curiosity. Google's cloud storage is 2 cents per gb per month and backblaze b2 is $0.005 p/ gb per month. I understand in perpetuity is more expensive but why does it cap out as opposed to being a yearly price per gb (maybe if you assume hard drive storage will decrease at a similar rate?)
Quick envelope math, if they were using backblaze pricing, $5 would give a gb 83 years of storage. But it's unclear if backblaze is actually regionally duplicated
- tarboreus 4y ago83 years != perpetuity, hosted != archived.
- lostmsu 4y agoThe idea is that cost of storing 1GB will reduce over time ending up being a convergent infinite sum.
- imtringued 4y agowhat if it gets stuck at the low low price of 1cent per exabyte?
- jessriedel 4y agoEven if the yearly cost is lower bounded, the net-present cost will be finite for perpetual storage so long as economic growth continues. Basically, an endowment: give Internet Archive X dollars as a one-time lump sum to invest and they can spend rX dollars per year on storage forever, where r ~ 3%.
- deleted 4y ago[deleted]
- wmf 4y agoFor more details, check out this model: https://blog.dshr.org/2017/08/economic-model-of-long-term-storage.html https://blog.dshr.org/2017/08/economic-model-of-long-term-st...
- toomuchtodo 4y agoMay I reference this link directly in the future as the canonical storage cost model the Internet Archive is using presently? EDIT: Understood, thank you for the reply.
- wmf 4y agoI'm not involved in this stuff and I don't know if the IA uses that particular model, although the underlying principle and math is pretty fundamental.