Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage - Working Beta - Currency has been released
by
TacoByte
on 01/02/2016, 21:33:21 UTC
When you charge more, you will receive fewer contracts. Still, with the small number of active hosts, I think you could charge close to the max and still get a good number of contracts. Its a bit of an unknown game at the moment. I would experiment with different rates. Change the rate every few days, monitor how many new contracts you're getting and figure out the best (i..e most profitable) rate that way.
There needs to be a way to adjust the price according to the exchange rate. If you want a proper fluid, liquid market that is truely efficient and economical for both renters and hosts, you need a way for the host to automatically follow the bid/asks and tailor the charges to the market. And then one day we can get a derivative/ETF for Sia hosting...

The next Sia thread on here should have "HD FARMING" in the title, that will grab a lot of attention. Smiley