Erm, you've got it all backwards, coffee farming is less profitable than data hosting.
The money is made on egress, that's the case with Storj and most others. For domestic setup, the data connection is a fixed cost you would have anyway.
Stop assuming everyone is an idiot, people do the math for profitability of these platforms, and switch between them.
They don't charge for egress, its explicit in the front page.
coffee farming is less profitable than data hosting.
yes, the money is in roasting. you're missing the essential point, there is a reason why coffee growers don't roast their own raw material, because they cannot get access to capital to get the equipment, let along access to the customers.
but coffee isn't the point.
Unless there is a sustained incentive to store the data, there will not be anyone willing to host it. the amount they charge is not enough to make it sustainable for people to invest in equipment to host the data, so you'll be reliant on best effort, or worse still, short term incentives that are unsustainable, leading to wide spread evaporation of storage.
You pay for gaurenteed storage, which is why its expensive, its a slice of the capex for the equipment, opex for the running and maintenance, plus profit. At this current price, it doesn't cover any of them.
Comments
Erm, you've got it all backwards, coffee farming is less profitable than data hosting.
The money is made on egress, that's the case with Storj and most others. For domestic setup, the data connection is a fixed cost you would have anyway.
Stop assuming everyone is an idiot, people do the math for profitability of these platforms, and switch between them.
They don't charge for egress, its explicit in the front page.
yes, the money is in roasting. you're missing the essential point, there is a reason why coffee growers don't roast their own raw material, because they cannot get access to capital to get the equipment, let along access to the customers.
but coffee isn't the point.
Unless there is a sustained incentive to store the data, there will not be anyone willing to host it. the amount they charge is not enough to make it sustainable for people to invest in equipment to host the data, so you'll be reliant on best effort, or worse still, short term incentives that are unsustainable, leading to wide spread evaporation of storage.
You pay for gaurenteed storage, which is why its expensive, its a slice of the capex for the equipment, opex for the running and maintenance, plus profit. At this current price, it doesn't cover any of them.