Cloud Storage for $2 per TB per month • Hacker News Board

Re: Cloud Storage for $2 per TB per month

#351

Post by ADefenestrator » Sat, Mar 14, 2020, 11:38 PM UTC

ericflo wrote: post #223

reggieband wrote: post #87

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

That's the price being paid for the storage, but is it actually covering the cost of providing that storage? Or is it just 100-300 people who thought "Huh, neat, I'll toss a host online and see how it goes" ? I'd lean towards the latter and assume those storage costs are heavily subsidized by a few people satisfying curiosity.

Re: Cloud Storage for $2 per TB per month

#352

Post by ADefenestrator » Sat, Mar 14, 2020, 11:52 PM UTC

sigstoat wrote: post #91

at a minimum the facility will need some power conditioning and/or insurance. you don't want a brief power surge to eat all of your capital, and lockup fees, in one go. > For a 32 HDD system, you expect about 5 drives to fail per year. This takes time to repair and you will need on-site staff (just not 24/7). To account for these costs, we will budget $50 per year per rig. will you not also lose 6TB (times utilizatio…

In addition to the SATA port multipliers, they'd need actual SATA PCIe cards. Basically nobody makes a motherboard with onboard SATA that supports port multipliers.

Re: Cloud Storage for $2 per TB per month

#353

Post by folmar » Thu, Mar 19, 2020, 8:14 PM UTC

paxys wrote: post #171

arcticbull wrote: post #162

Earlier quoted context omitted.

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

Yes. There's a reason companies like Digital Ocean, Heroku, OVH, ZEIT, Joyent, Rackspace, Linode, Cloudflare and many more have been able to survive and grow rapidly in an AWS-dominated space. None of them are competing by undercutting Amazon in price.

OVH is certainly undercutting Amazon in price. The free bandwidth included in each instance is already a dealbreaker if you actually use the instance for anything other than very heavy cpu-bound loads with small output to send back.