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Cloud Storage for $2 per TB per month

blog.sia.tech

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Re: Cloud Storage for $2 per TB per month

#161

Post by beedrillzzzzz »

jrochkind1 wrote: post #149
Taek wrote: post #140

Earlier quoted context omitted.

Sia is a lot more than a low cost storage platform. It's a full reimagining of how the cloud should work with an emphasis on user ownership and control, open access for developers, and ultimately decentralization that allows users to be certain their applications will always work (no more "RSS Reader is shutting down"). This post is intended to address people who do not feel that decentralization can be cost effectiv…

Where do I find the introduction what Sia is? I tried clicking around in the headers from OP, but couldn't find it within my very lazy tolerance.

Website: https://sia.tech/

Also take a look at Skynet, a file sharing protocol built on top of Sia: https://siasky.net/

Re: Cloud Storage for $2 per TB per month

#162

Post by arcticbull »

paxys wrote: post #121
throwaway9878 wrote: post #79

Earlier quoted context omitted.

Everybody with more money than you can always undercut you in anything you ever do so why bother ever trying to do anything

The point is not to do it cheaper but better.

... better than AWS with its SLAs, that every major company relies on to some extent?

Re: Cloud Storage for $2 per TB per month

#163

Post by londons_explore »

harias wrote: post #159
caymanjim wrote: post #81

Earlier quoted context omitted.

Dropbox is $10/TB/mo, which is the "old" industry standard (and still what most big guys charge). Backblaze is $5, but they charge egress fees, so usage matters. Dropbox doesn't charge for egress, but there are limits on "Public" folder bandwidth (and you can't pay for more if you max out). I don't think there are limits on private content, but I bet there's a soft throttle or some limit that will get you contacted.…

Did you try GSuite Business account with 5 accounts? Google offers unlimited cloud storage if you get more than 5 accounts (5*12 = 60 USD/month and no egress)

It's 'unlimited' until you use it too much, and then all your google accounts will get perma-banned...

Re: Cloud Storage for $2 per TB per month

#164

Post by Taek »

prophesi wrote: post #111

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.

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.

Re: Cloud Storage for $2 per TB per month

#165

Post by ksec »

TheDong wrote: post #37
growt wrote: post #9

I feel like backblaze has already done most of this and has it in production [1]. Whereas this is just done back of the napkin calculation. [1] https://www.backblaze.com/b2/storage-pod.html

Backblaze has tried to make their datacenter as efficient as possible, and still only ends up hitting $5/tb/mo for their b2 service, as a point of reference.

>and still only ends up hitting $5/tb/mo for their b2 service

$5/TB/Mo was B2 Price with Profits, better depreciation ( Blackblaze replaces drives more often ) and faster connection.

$2/TB/Mo was napkins maths with ~10% Gross Profits.

Re: Cloud Storage for $2 per TB per month

#166

Post by classics2 »

one thing that bothers me about this system beyond the hand waving math is what would motivate me to give up control of my data being available? If I have no SLA and no ability to convince a bunch of down hosts to come back online with my data, why store it that way at all?

Re: Cloud Storage for $2 per TB per month

#167

Post by krick »

I don't know anything about the subject, so no idea if these claims are realistic. But whatever, either they deliver or they don't.

My (or their, actually) problem is I don't really get what they are offering right now. There is an impressive landing page with big numbers and pretty pictures which explains pretty much nothing. Project seems to be in production for at least 3 years, there are some apps, but I don't actually see if I can use it to backup/store some data and how much it costs right now. I mean, they say "1TB of files on Sia costs about $1-2 per month" right there on the main page, but it cannot be true, right? It's just what they promise in the hypothetical future, not current price-tag?

The only technical question I'm interested here is why they actually need blockchain? This is always suspicious and I don't remember if I saw any startup at all that actually needs it for things other than hype. It is basically their internal money system to enable actual money exchange between storage providers and their customers, right? So, just a billing system akin to what telecom and ISP companies have? Is it cheaper to implement it on blockchain than by conventional means? How so?

Re: Cloud Storage for $2 per TB per month

#168

Post by Taek »

OJFord wrote: post #130

> over the long term, storage will be cheaper than $2 / TB / Mo OK, but what is it today?

https://siastats.info/storage_pricing

It's less than $2 / TB / Mo today, but relies on a completely different set of economics that don't scale beyond a few hundred PB. This article was aimed at people who understand why Sia is so cheap today, but do not believe that Sia will continue to be cheap as the network scales.

Re: Cloud Storage for $2 per TB per month

#169

Post by BrandonY »

toomuchtodo wrote: post #6
standardUser wrote: post #4

On a related topic, I've had a ton of problems finding a cloud storage system that will reliably handle files around 100-200gb. Does anyone have a recommendation for a service that can handle that file size with ease?

Any object storage system (S3, Backblaze B2, Azure Blob, GCP) should be able to handle those file sizes with proper chunking into smaller parts (limit details below per object store). S3: https://docs.aws.amazon.com/AmazonS3/latest/dev/mpuoverview.... (Max object size: 5TB, Max single multipart size: 5GB) Backblaze B2: https://www.backblaze.com/b2/docs/large_files.html (Max file size: 10TB, Max single object size: 5G…

Hi, GCS engineer here. The lower limit on composing objects is one source object, in which case you are not so much composing as you are copying with style. Zero source objects is an error. I will file a note about the docs, thanks.
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