Earlier quoted context omitted.
Author here. A lot of these numbers are drawn from experience in the mining world, where people realized that when cost is the ultimate bottom line, a lot of corners can be cut. Sia systems don't need a ton of networking. I ran the networking buildout costs by some networking people, and again it comes down to cutting corners. If you only need 10 gbps per rack, if you don't mind having extra milliseconds added, etc,…
Here's the issue. We know that due to economy of scale and domain experience, AWS will always have the lowest cost (to Amazon) for storage -- whether that's totally-reliable storage, or sorta-reliable. If there was a demand for sorta-reliable, they'd build a sorta-reliable S3 and undercut you. Then, blockchain adds inefficiency. Therefore, it's basically impossible for any blockchain solution to have a lower total co…
Amazon's goal is to get people to pay a premium to get access to their entire ecosystem of services. They don't optimize the price of each individual service. There's a lot of take it or leave it for their specific offerings. Look at how they used to have reduced redundancy as a cost saver, but don't anymore. If you want corner-cutting storage from Amazon, you get funneled into Glacier now.
So let's look at how glacier deep archive is $.99 per TB per month, with a waiting time. And Google's weird offering where it costs $1.23 per TB per month, with instant access, but you pay a bunch of money to access. That means they can't store it on tapes, but they expect to profit anyway. And they're probably not running that as a loss leader that depends on the archival data being accessed.