Needs more space because you need to encrypt it and you need redundancy.
Including the 3x redundancy, the network usage in 3%. There are 3 Petabytes still available, and be sure hosts will add more disks, and new hosts will be attracted, as soon as the usage grows. BTW, encryption does not increase substantially the size of the file.Quote
You have to pay for the redundancy, you know that, right? 
Oh, I am absolutely aware of that! And do you know how much are renters currently paying including the 3x redundancy? $1/Tb/month: https://www.siastats.info/storage_pricing.html . And $0.20/TB in bandwidth costs.Besides, we were speaking about download speeds, not prices. And about speeds, having 30 hosts for each file means you have the combined upload speeds of all of them for your download
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No major company will ever use sia network to host those files in the next 2 years.
I'm willing to bet half an ETH with you on that, we can use an escrow and I put the money right in Wink
Nice for you that you have a crystal ball. I hope it is making you rich!.I'm willing to bet half an ETH with you on that, we can use an escrow and I put the money right in Wink
I am not into betting. I am more into facts and data. And speaking about "no one using the Sia network", take a look at the evolution of active contracts: https://www.siastats.info/active_contracts.html
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That's still unbillable and you cannot deduct it from taxes Wink
If you make a purchase in FIAT using Paypal (for example), of course you can present those bills. And there are already several developers working on those platforms that will accept FIAT for using Sia storageQuote
Sia doesn't offer anything that other cloud storage solutions offer:
-more reliably
-cheaper
-more reliably
-cheaper
Sia offers both:
- Reliability: collateralizing hosts they are incentivized to keep 97% uptime (otherwise they lose large amounts of Siacoin). Being only 10 out of 30 hosts required to retrieve the file (Reed-Solomon redundancy), 99.9%+ uptime for your files is guaranteed
- Cheaper: How many times are you going to insist on this lie? $1/TB/month is what a renter on Sia pays including the 3x redundancy (https://www.siastats.info/storage_pricing.html). Compare this to $23/TB/month in Amazon, $30 in Azure or $50 in Akami
And additionally to traditional services:
- Native encryption. No company or government will access your files
- Decentralization. No single point of failure or closing provider will terminate your access to the files
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-hosting on sia isn't cheaper than standard solutions (especially when we consider bandwidth)
Do you know AWS asks for $10/Tb in bandwidth while Sia only $0.20/TB? I have already presented twice the comparison in storage pricingAre you going to debate these points like any reasonable user or instead you will ignore this and come back in a few weeks to tell the same lies and misunderstandings again and again as you have been doing in the past?