Post
Topic
Board Altcoin Discussion
Re: Microcash a scam
by
k9quaint
on 14/05/2012, 16:35:44 UTC
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.