What does it take to build a rig to rent out decentralized storage with siacoin? Not sure if it is worth it, even for fun, but curious on how many TH would be needed
and or other equipment to pull this off as an experiment with the decentralized storage options on sia coin
anyway, ballpark equip and figures are fine...likely would make no sense to do so...but would be nice to see where the project stans in being viable with those
costs in mind
brad
It is not very profitable to be hosting right now as the usage of the network is only 5%: there is oversupply of hosts currently. But obviously all hosts are expecting the usage to increase over time. Besides, it is funny to be a host and good to learn now for the time Sia goes prime time.
Building an energy-efficient rig is the key: low TCP CPUs, 5400rpm disks instead of 7200... About the disks, better NAS-grade or enterprise-grade disks (WD red, Seagate Ironwolf) than consumer-grade disks, as the former are prepared to last 5+ years running 24/7. And better if you offer 4TB at least, as there is a score penalty for less storage than that.
The cheapest option is using a Raspberry pi + an external hardrive, that would be an investment of around $150 (about 50-70 for the RPi setup and 80 for the disk) with a normal 4TB external disks or about 200 with the same disk size but NAS-grade.
A more beefy and professional solution could be an HP Microserver, that has 4 bays for disks. They can be found by $350-400 without disks
Well I'm mining pow-scrypt (8,000mh) and have 5 siacoin miners coming and 1 decred miner (swap'd my 1/2 price coupons for one free unit for the coupons...for a aug 30th decred
miner (ouch!)
so what the heck, IF, and I mean IF, I get some time, I can deduct the equipment to put up such a 'toy' storage solution...I'd probably drop 1k into the project...if nothing else
can always us the HD's in the future for friends/family...they are usually 8 years behind the curve anyway and would be thrilled, (in the future that is for this equip)
time, never enough time, to play with stupid 'unprofitable' stuff...I miss 'hobby mining' (thou at this rate with scrypt-pow I may be back there by Jan 2019)