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.
The SIA team does a fair amount of posting, including Mr. Vorick, over on Reddit. There you will find recent posts where the SIA team acknowledges that the people hosting are doing so at a loss. Interestingly, the defense of this is that loss is being "mitigated" by home users (not professional data storage nodes) renting out what would otherwise be "unused" space. I'm not sure this makes much sense, but whatever.
That's what the SIA team has to say about this, not Brad, not myself.
Wander over and check for yourself:
https://www.reddit.com/r/siacoin/comments/a9pn53/why_is_sia_more_costeffective_than_amazon_s3/the fact they used to post on bitcointalk forum and now don't makes what you say about the 'decentralized' block storage as you say..big guys only...
I have a hard time seeing a 'big' place needing storage backup wanting to use siacoin or sia-tech at this point in time...
naw...it is still amateur hour for sia-tech...they are more into hardware upfront risks to miner consumers along the bitmain plan IMHO, then they are in any way
progressing in a like manner on storage..so far it seems to me to be 'smoke and mirrors'....there is NO promotion of the plans you talk about in the business community
at the level of the hardware hype....thus as a 3 legged stool of storage/ASIC's/promotion..it is only emphasizing the equip angle..which 'supposedly' was for ease,
speed and security of the storage network...which lags...cart before the horse...
again, if what they are saying is true on the storage front...I see nothing in the real world or even crypto world press on any of that....just the ASIC's and that press
is usually negative (right or wrong). Thus I see no hook at this time to get the large data halls to adopt as they claim...
Stuff just on twitter and their own links ...just don't cut it...even if they were active on bitcointalk that would not cut it either
crypto word wise and/or promotion wise they are not doing zip but a few crypto festivals...again...if they want business, large data hall action ...and such..that don't cut it.
At least back in the day small miners acted as 'cheerleaders' for crypto..they need the same solution for storage decentralization...otherwise I feel they will never gain
any traction and of course along with legit business promotion and less emphasis on the sia-tech hardware toys.
We will see, but I've been harping on this for 1 year or more..with no real progress at all ...indeed just not seeing it