this post was submitted on 13 Nov 2023
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Storj

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Storj is based on blockchain technology and peer-to-peer protocols to provide the most secure, private and efficient cloud storage.

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So I am a complete beginner to storj, and I have looked out some hardware that i could invest into for hosting a node. It doesn't cost much (200$) and it only has 4tb of HDD storage, but I do want to buy even more HDDs in the future if all goes well. I calculated it and it would be very profitable at current rates, but i don't really know what will happen next Thank you for you time and response

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[–] Celizior@alien.top 1 points 1 year ago (1 children)

Currently, expect 1,5$ per TB per months, with a long time to fulfill your disk, like 10-15GB per days

You are paid for stored data, no provided space

[–] Swyxnet@alien.top 1 points 1 year ago (1 children)

I can confirm, 1.5$/To per month. So, on my side, depending on the electricity cost in your country it's verry hard to reach profit in less that 2 years.

Also the STORJ network does not scale witht the multiplication of nodes on 1 IP, the total bandwidth is shared, so on an excellent ISP (2.5Gbps on my side) donc expect to fill more than 6TB/year.

I have a Homelab Running 24/7 so power was expected to be consumed. I'ts juste a way to reduce TCO of my homelab.

--- Sidenote

You are paid in storj token equivalent to $, if the token shoots to the moon, that will be profitable on long term.

[–] SadCarot0@alien.top 1 points 1 year ago

Do I get paid the 1.5$/Tb even if I'm not storing anything? Is the egree just an extra if someone is using my storage?