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Cloud Storage for $2 per TB per month

blog.sia.tech

301–310 of 353 posts

Re: Cloud Storage for $2 per TB per month

#301
post #14

> That means about 2 hours of labor per rig. We’ll call that $50 Does that seem low to anyone else? I don’t really have any background in the area, but 25/hr cost to the company would be less than 20/hr pay for the skilled labor. Other countries are different of course, but in US I could make that much flipping burgers in the right area.

If you're from the USA, perhaps just ×2 any price you read if that helps you get through the article. Work that needs doing doesn't always need to be done in high-income/high CoL places.

I earn about €26/h before taxes in western Europe, an income which lets me live in relative luxury (not "private jet" luxury, but I literally do anything I want and still save more than a third of my income with a 36-hour work week), and that's for security consultancy which is way more specialised than the job you're talking about. I think it's also above the national average, but I don't have the statistics on hand. Not sure what the cost to the company is, I think they put in another hundred a month for health insurance or pension or something (they pay 50% and I pay 50%, though I don't see why keeping 50% off my payslip helps anyone, an employer will just deduct that from the salary they can offer) plus some overhead for accounting and whatever, but it's probably not that far off.

Re: Cloud Storage for $2 per TB per month

#302

There is way too much hand-waving and assuming going on this article. It is a load of BS that does not take into account real-world inefficiencies. e.g. sometimes buying in bulk is more expensive than buying at retail, esp when you need consistent supply. Sure, you may need only an hour of sysadmin time a day, but what sysadmin will let you employ them an hour a day? The buildout did not list a CPU. The assumptions a…

> The buildout did not list a CPU. It did, or does now anyway, the RYZEN 3 1200 for $95. EDIT: Although the better option is the 3200G so that you can actually get a display output from the thing. Same price, so it doesn't really change anything, but it does cut the CPU core count down a bit if that matters at all. That said the buildout still doesn't work because you can't actually plug the "sata splitter" cable the…

I have gotten away with cheap PCIex1 2xSATA2 adapter cards, for roughly 10-15USD at the time of purchase. They did work, but this assumes a motherboard with room for lots of PCIe cards.

Edit: to clarify on the CPU usage, could a potential build also get away with a cheap AMD Athlon 3000G?

Re: Cloud Storage for $2 per TB per month

#303

Earlier quoted context omitted.

How much is a terabyte of dropbox storage?

For $6 per month (paid yearly) you get 1tb of OneDrive + office (desktop applications). My math maybe off but if you buy office every 3 years for $200 then you're already even.... And 1TB of storage is just free really.

You could also say, MS Office is virtually free for the 1 TB these days.

Re: Cloud Storage for $2 per TB per month

#304
post #198

Earlier quoted context omitted.

They do link to the motherboard they are talking about, and it doesn't have SAS.

They mention 8 pcie slots with 48 pcie lanes... I'm presuming they are filling them with sas/sata controllers.

> 48 PCIe lanes

PCIe lane count depends on CPU support, for AM4 I believe it ranges from 6x PCIe 3.0 (cheapest AMD Athlon/Ryzen CPU-s with integrated GPU) to 24 (PCIe 4.0 for latest Zen 2 based Ryzen 3000 series).

The CPU they list in the article supports 16 lanes of PCIe 3.0 connectivity + 4 lanes for chipset (storage and other IO). Nowhere near the 48 PCIe lanes you mention, although you could argue that 20+4 lanes of PCIe 4.0 bandwidth is equal to 48 lanes of PCIe 3.0 bandwidth, but this would require a compatible CPU, which would increase the cost by hundreds of dollars.

Re: Cloud Storage for $2 per TB per month

#306

Earlier quoted context omitted.

I ended up at https://github.com/NebulousLabs/Sia and there's no activity in the last two years, the latest issues are a few "you broke my wallet with the update and my password doesn't work" from 2018.

Yeah, they moved to gitlab: https://gitlab.com/NebulousLabs/Sia

Thanks

Re: Cloud Storage for $2 per TB per month

#307

Earlier quoted context omitted.

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

It's... interesting... that Amazon offers reasonably priced bandwidth on Lightsail, but it's against the TOS to use it in connection with other services.

Yeah, I have been proxy accessing my personal S3 that way, but I'm not really willing to bet a business on it.

Re: Cloud Storage for $2 per TB per month

#308
post #242

Earlier quoted context omitted.

> Abandoned pepboys stores don't usually have very good fiber connectivity. Backblaze and similar hosting/storage companies move enough traffic that they need to be topologically close to major IX points. Not stores. Data centers. It is typically cheaper to get long distance fiber links than metro fiber and midsize data centers do not consume that much power, power which is plentiful outside the major metros, especia…

> Not stores. Data centers. Honestly, it doesn't make much difference. Datacenters built for random corporations often only have connectivity to the local ILEC or MSO which is going to get you pretty poor pricing.

All of them are on net and all of them have fiber already to the premises. Most of them have not just local loops but termination point for long distance carriers.

Re: Cloud Storage for $2 per TB per month

#309
post #297

The most important thing not addressed here is demand. Last I checked (granted, this was a while ago) it simply wasnt there- Meaning if you built this rig you might only be able to rent out a small part of it. If this has changed I would be interested in hearing about it- One other thing I am not understanding is how this makes financial sense, even if the demand is there. If I am buying a rig for 4500 bucks to get 2…

So I did a quick look and it seems like the total usage of siacoin is not that large.

https://siastats.info/hosts_network Only 710 TB is in use. Or about $20k worth of hardware TOTAL for the entire network, according to the above URL.

Also, why is this a cryptocurrency at all? Wouldnt this business be drastically simplified by simply paying people out//letting people rent space with either USD or bitcoin?

Re: Cloud Storage for $2 per TB per month

#310

Earlier quoted context omitted.

> Abandoned pepboys stores don't usually have very good fiber connectivity. Backblaze and similar hosting/storage companies move enough traffic that they need to be topologically close to major IX points. Not stores. Data centers. It is typically cheaper to get long distance fiber links than metro fiber and midsize data centers do not consume that much power, power which is plentiful outside the major metros, especia…

I didn't expect to see Pep Boys as an example. Do/did they have their own data centers?

I toured three in the late 2000 about 20-25 minutes away from Philadelphia in different directions. I was told if we wanted to go further away there were dozens.

There's its own market for 15-30k sq/feet built out data processing facilities. It is something that compete with Equinix? Not at all, but it is definitely competitive with 3rd tier colos at the major carrier hotels at a fraction of the cost.

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