I should have clarified those calculations were done when BTC was at 5.2k USD or so....back a bit
I suspect since the dump it has not done any better...I'd LOVE to be utterly wrong on this and build a rig
anyway, since the dump have not bothered to look at this again...also remember this was with USED equipment
really unsure of what it would be with new (even though I assume storage prices for HD's have likely? come down since that $5.2k price...I think it was when I did the calcs)
anyway, should have been more clear
Of course You should have been more clear. At least to show "calculation" with "25% loss" running SIA hosts.
Taking into account that SIA cloud storage is the feature distinguishing SIA from crypto crowd it is of great interest seeing such "calculation".
Especially when SIA team is assuming that professional data storage nodes would be the core of SIA storage cloud, not the average Joe with available free HDD space and sufficient internet bandwidth.
My opinion is opposite - SIA team could partner with HDD manufacturers and each OTC HDD would come with preinstalled SIA hosting software/wallet that customers could run if proper internet connection is available.
At this point of SIA wallet usability it is not possible, but decentralization is power crypto world should aim to.
No matter the calcs..the decentralized part of the equation (small folk like me) that would wish to build a small box to explore this can't afford to...thus w/o such data halls and big guys coming into play...
what is the difference in centralization (like btc mining) vs decentralization as sia-techs goal. I assume it is their goal in that the keep making arrangements with small builds like minerbox and another one
recently I forget the name of. Thus, they seem to be kicking out a lot of equipment and if it is a 3 legged stool, the price of the coin, storage, and asic security..they are IMHO, really really behind on the decentralized
the storage aspect ..which should have been the first consideration IMHO, then ASIC's ...anyway...not a good trend to continue IMHO.....I mean they have just shipped 1-5 batches of ASIC equipment with no real
need for that much ASIC power on a network that is in no way up to par, again IMHO. Lastly, this is my assuming that all price of siacoin without any storage network that pays...is based on speculation..so
by all means....get more ASIC's out there driving difficulty up.. oops already happened...so as a strategy by sia-tech...I sure do understand the order of priority in the whole works