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I also run my own Storj node. It took at least one year to pay back the hard drive. Now that they are cutting down the payout for hosting, I am receiving barely
by rglullis 3y ago
I also run my own Storj node. It took at least one year to pay back the hard drive. Now that they are cutting down the payout for hosting, I am receiving barely enough to justify the power bill.
No one cares about microtransactions, and I'm yet to see a customer who likes a product or service but refuses to make a pre-payment of $10.
None of the reasons you mentioned for a token are beneficial to the end user.
- Dylan16807 3y agoHow much is the power bill, and how many watts are you using? Barely paying for power does sound like too little, but enough money to pay back hardware cost in a year is definitely overkill.
- rglullis 3y agoI went to look, and I was wrong on both extremes. I've allocated 2TB. It actually took me two years to get make ~$125, when I bought disks at ~$60/TB. For the past 6 months, I've received an average of 5.8 STORJ per month, which on today's rate amount to $4/month, but if I look at the price at the time I received them it would be more like $2.2/month. I don't know the exact wattage, but given that is a oldish celeron and that I'm based in Germany, I'm guessing that running that server + disks takes ~25W, which means ~18kWh per month and given how energy prices have gone up last year (close to 0.30€ per kWh), I am actually losing money by keeping this server on.
- Dylan16807 3y agoOkay, so you're in an especially bad situation for terabytes per watt. If I was buying hard drives right now, I'd expect 2x14TB for about $500 including tax. If that pulled in anything close to $2/TB/month then $6 of electricity would not be a big deal. Hmm, I just built a NAS, maybe I should rent out some of that space.