Live data from Hacker News

Cloud Storage for $2 per TB per month

blog.sia.tech

221–230 of 353 posts

Re: Cloud Storage for $2 per TB per month

#221

Earlier quoted context omitted.

It should also be noted that you can get S3 storage for $1/TB/month already if you use the Glacier Deep Archive storage class.

Did that include network IO to retrieve your data?

Nope. That's what actually kills you on Amazon - network costs.

Re: Cloud Storage for $2 per TB per month

#223

I'm going through Sia's website now. It seems this article is meant to bolster the claim on their website which states "When the Sia network is fully optimized, pricing will fall somewhere around $2/TB/month." [1] Call me skeptical but it seems that they aren't committing to building out this infrastructure themselves or providing a specific amount of storage at this pricing. They seem to be outlining a potential inf…

It's live right now though, the community has deployed the infrastructure [1] and the pricing is approximately what they claim [2].

1. https://siastats.info/hosts_network

2. https://siastats.info/storage_pricing

Re: Cloud Storage for $2 per TB per month

#224
post #121

Earlier quoted context omitted.

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?

Ahh yes, the mythical four nines.

https://medium.com/@guisebule/the-sla-is-a-lie-babd16d629d2

Re: Cloud Storage for $2 per TB per month

#225
post #48
post #40

Earlier quoted context omitted.

Hetzner's super cheap "cloud" machines allow you to attach "block storage" volumes of whatever size you like. It's not particularly well advertised (searching for this sort of thing takes you to their dedicated storage offerings) but it's there and it's great.

From what I can see on the website that block storage consists of SSDs priced at ~50€/month/TB which is a non-starter. The cloud instances are incredibly cheap though, I may have a look at those.

Check out their storage box if using their cloud instances. https://www.hetzner.com/storage/storage-box?country=ot

€10 for 2TB and unlimited transfer within same datacenter (or 10TB if accessing from outside). You will get a 1Gbps or more transfer speed and many options for mounting the storage (SCP, webdav, etc). I used to use them as a intermediate backup location when I used their cloud instances and dedi servers.

Re: Cloud Storage for $2 per TB per month

#226
post #167

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 ac…

> but it cannot be true, right? It's just what they promise in the hypothetical future, not current price-tag?

Here's the live pricing, right now: https://siastats.info/storage_pricing

> Is it cheaper to implement it on blockchain than by conventional means?

It's more so that anyone can join the network as a host. They don't have to have a financial or business relationship with anyone, they can just provide their storage service and charge for it. No way to do that currently in the world without a blockchain.

Re: Cloud Storage for $2 per TB per month

#227

Earlier quoted context omitted.

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

I cringe every time a project uses the name "Skynet". First, it's overused. Second, it's literally the name of the AI project that went rogue and tried to kill all the humans in the Terminator movie universe. Not exactly the best association. Just find another name.

See Soylent.

Re: Cloud Storage for $2 per TB per month

#228
post #59

Earlier quoted context omitted.

Redundancy, I assume. Lots of unreliable facilities and nodes can be very durable in aggregate.

Sounds kinda like the people who thought that bundling a bunch of bad mortgage debt together in slices could get it rated AAA.

Not really. Just probability. If you have fully redundant services then ALL of them have to go down to have an outage. Suppose you 5 copies with 75% uptime each. The probability that all of them are down is 0.25^5 ~ 0.0009

Now of course that assumes they are uncorrelated, but since Sia nodes are distributed across the internet, that's likely as opposed to multiple servers at a few data centers like AWS.

Turns out mortgage bonds tend to be correlated.

Re: Cloud Storage for $2 per TB per month

#229

Earlier quoted context omitted.

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

I cringe every time a project uses the name "Skynet". First, it's overused. Second, it's literally the name of the AI project that went rogue and tried to kill all the humans in the Terminator movie universe. Not exactly the best association. Just find another name.

On the other hand, I am filled with positive associations at the name.

Reliability, redundancy, disaster recovery, cost cutting, and absolute focus on execution!

Re: Cloud Storage for $2 per TB per month

#230
Big deal. I charge $5 per TB per month and I'm not even trying to be cheap.

The economies of scale should make this much less expensive. Colocating your own machine in a real datacenter and hosting your own data shouldn't still be cheaper than practically all of "the cloud" offerings, but it is. What does that tell you about "the cloud"? It's marketing bullshit.

Sure, it's fine for occasional use, but anyone using the hell out of "the cloud" can easily save money by using anything else.

Post reply on HN