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Altcoin Discussion
Re: Microcash a scam
by
k9quaint
on
14/05/2012, 16:35:44 UTC
Quote from: Blazr on May 14, 2012, 04:28:32 PM
Quote from: k9quaint on May 14, 2012, 03:23:08 PM
Most transactions are less than a K in size, so storing one costs ~$0.000001667 and that number gets smaller every day.
Its actually less than that
http://komplett.ie/Komplett/product/intern_3_5_/20098836/seagate_2tb_sata_600_7200rpm_64mb/details.aspx
2000GB = 117
1GB = 0.0585
1MB = 0.00005712890625
1KB = 0.00000005578994750976563
0.00000005578994750976563
=
$0.00000004184246063232422
Also, average size of a transaction is roughly 500B, so its even smaller again. You can store 2 million transactions for $0.01
I just used 1TB for $100 I think. But yeah, it is a small amount.