What is the value for the Hosting Price (SC Per GB Per Month) that best corresponds to this estimated 2.3 KS /GB ? Trying to set a competitive rate here
Current redundancy is 8, and the time is 6 weeks instead of 4. Sorry because that's confusing. But that corresponds to something like 180 SC / GB / Month.
There is an estimator on the hosting page. My estimator says 47 SC / GB / Month is competitive, which is disjoint. Why is there a disparity? The renter estimator looks at 12 randomly selected hosts (cheaper hosts are selected more frequently), and the host estimator looks at 8 randomly selected hosts (cheaper hosts are selected more frequently). The disparity means that host prices are all over the place right now, some are very cheap (my price is 6 SC / GB / Mo) and some are expensive (#12 seems to be around 1KS / GB / Month).
Right now, there is very little tooling to help you know what price to set. Until people are using the storage more, you're unlikely to make much money. That's partially our fault because the renter is difficult to use (we've got cool things in the pipeline though), and partially just because the system is new and nobody trusts it.
The cost estimator glitches out sometimes. If you restart siad, the problem should resolve. My current estimated price is 2.3 KS / GB (6 weeks of storage). That seems pretty reasonable to me
Just a few people are uploading right now and we're not sure exactly what it's going to take to kick-off people using the storage feature. I'm sure the existing 500mb cap has something to do with it. I'll probably post some links to share my image library, maybe you guys have stuff you're interested in sharing too.
I only uploaded a few small files. But nothing is clear or explained exactly how all this works. For example,
in google drive, I choose an amount of storage 1TB for 9.99 a month (recent huge price drop but we can talk about that later).
So now as a user i know I've paid for 1 TB of storage for one month. Its mine to add and delete as many files as often as I
want for that cost I already paid.
Now can one of the devs give a detailed explanation how renting storage works now and how it will work in the future?
Right now when I upload I don't know how much its going to cost me. I don't know if I can download it and reupload it
at additional cost. I don't know what these contracts mean because Sia doesn't ask me or tell me how much I am paying
or let me know I'm entering a contract.
Our next release is going to have accounts in the wallet. The renter is going to have its own account. You can put money into the renter account, and set spending limits. The account will tell you how much money is being spent. This is not going to be on the renter page.
The idea is, like dropbox, you should not have to worry about price each time you upload a file. Unlike dropbox, you should not have to pay for storage that you do not use. It should just be metered. Storage should be more like electricity, where you don't think about the cost every time you use it, you just use what you need and have some awareness of whether you're spending a lot or a little.
You can always check the account and see how much you've spent at any given point, and you can have some certainty that you aren't going to exceed some limit.
Renting won't continue to be the block box that it currently is.
