EARN Crypto NOW with Storj DriveShare

[Cassey]

Thanks so much for all you've contributed to this discussion!  I appreciate your being in contact with the project -- much more that I am, really.  The online documentation for the project has come along nicely, but of course it still doesn't address a lot of questions.

One I'd really like to know about for sure.. is whether at this stage of development, one has to deposit the 10k of SJCX to get any payouts for running DriveShare.  I rather understood that the 10k deposit requirement was for doing earlier beta testing, but that it's not the case now for those that might download and start running the new GUI I referenced at the outset.

I did put a few coins in my SJCX wallet on Counterparty, and my GUI on both platforms does reference and show my balance in the wallet.  But I have nowhere near 10k coins there, and am a bit reluctant to load up that wallet now, if I don't have to.  But I would like to get paid -- whatever the small payout might be, and however infrequently payouts are made -- so I would probably go ahead now and deposit the 10K, if that's still required.

Maybe you can make inquiry about this for me and others that are interested?  Thanks, again.

Thanks for the positive feedback, its truly appreciated.

Regarding the 10K, that is an easy one:  Yes.  Only people with at least 10K per address will be eligible for testing payouts, whenever they decide to do that.  Currently you can have up to 25TB associated with an address, but I hear that is going to drop to 10TB in the future.  No idea why.

Minor update per the current live chat with the Storj Founder:  

The 10K cost has a couple of rationals... its consistent with the investment made by the original crowd-sourcing folks...  It also prevents having to deal with, at least at this point, a lot of low end payout people (someone that just joined for a brief period or only added a MB of storage).

Payouts will come monthly when they get the scripts fixed (working now) and will improve over time (twice a month, weekly, daily, ... to realtime)

The 0.5 GUI will have some of the basic issues fixed, like auto-starting upon reboot.  That code is being worked now.

[Nxtblg]

Finally! - It Works!

Storj finally has an easy on-ramp to start renting out your extra drive space – and be paid for it!  I set up version 0.4.1 of DriveShare a couple of days ago on my Windows 7 computer; and, by every metric I know to test for, it's working splendidly.  I have it set up to use the available space I have on my native C: drive, as well as my external F: drive.

Here's the announcement for the new GUI: http://us8.campaign-archive1.com/?u=edba9fc4ce8b9095a31859cba&id=a2ba97e856

Downloads are available on GibHub: https://github.com/Storj/driveshare-gui/releases Be sure to get the latest version for your machine.

And here's the Storj web site: http://storj.io/

Storj is using their colored coin SJCX for rent earnings and payouts. You can exchange those for bitcoin at ShapeShift: https://shapeshift.io/

If you don't have a Counterparty wallet and don't want to mess with getting an SJCX address just to test the software, you're welcome to use mine to get you going. 12BoxGmEKUkLhHtc9qkxj2QC2MhZcff61A  As soon as you're ready, you can get your own address and start collecting some coin in your own account.

EDIT: I just installed version 0.4.2 on my Linux Mint 17 computer; and it, too, seems to be running well.

Worth watching!

[Cassey]

November payouts have been calculated and are being reviewed:  https://storjcommunity.slack.com/files/pthalodezin/F0GU3BEP7/payout__5__preliminary_-_not_from_official_source_.xlsx

They have their temporary payout script running again.  Next run will be in early January for December farmers. 

[allgoodthings1]

Looks to me like the SJCX/BTC exchange rate is bouncing around now, trying to find a bottom. https://poloniex.com/exchange#btc_sjcx I think I'll roll the dice with buying the 10k Storj coins I need to start getting in on some payouts. At worst, I blow $140; at best, I make a million!

[Cassey]

I've seen a number of income projections that seem to bounce anywhere from $3/TB/month to $30/TB/month.

I wouldn't plan on making a million anytime soon, at least not via this product <smile>.

Suspect simply looking at Amazon prices (https://aws.amazon.com/s3/pricing/) will give you the best idea of what you can expect to earn.  Per the Founder chat this afternoon, startup pricing is expected to be around half of Amazon, with that inching up to about 90% of Amazons price if the market supports that.

So if you start with Amazons $0.003/GB/month, and presume 50% of that for a 10TB address allocation, it comes to $30/TB/Month (base 10 TB), or $15 at 50% of Amazon's rate.  That is $1.50/TB/month.  But Amazon charges for access as well, which StorJ isn't doing (that I'm aware of), so a higher rate is more than likely.

Bottom line:  Great use for extra storage, but likely not profitable if you needed to buy more.

That said... next time you upgrade maybe that next size up drive would be worthwhile?

[noobtrader]

I've seen a number of income projections that seem to bounce anywhere from $3/TB/month to $30/TB/month.

I wouldn't plan on making a million anytime soon, at least not via this product <smile>.

Suspect simply looking at Amazon prices (https://aws.amazon.com/s3/pricing/) will give you the best idea of what you can expect to earn.  Per the Founder chat this afternoon, startup pricing is expected to be around half of Amazon, with that inching up to about 90% of Amazons price if the market supports that.

So if you start with Amazons $0.003/GB/month, and presume 50% of that for a 10TB address allocation, it comes to $30/TB/Month (base 10 TB), or $15 at 50% of Amazon's rate.  That is $1.50/TB/month.  But Amazon charges for access as well, which StorJ isn't doing (that I'm aware of), so a higher rate is more than likely.

Bottom line:  Great use for extra storage, but likely not profitable if you needed to buy more.

That said... next time you upgrade maybe that next size up drive would be worthwhile?

uh cassey,

 u just killed my dream 

[Cassey]

uh cassey,

 u just killed my dream 

As my boss says:  "Bad news early is good news"

[allgoodthings1]

I just received my first payout!
8.26745701 SJCX
2016-01-11 23:59:19

I began depositing SJCX to my Counterparty wallet on 15/11/29 - when I first deployed DriveShare on three computers plus one external hard drive.  All extra space on equipment I use already.

During December, I made some changes in my deployed disk space and shut down my computers for one week over the holidays. And, it wasn't till 15/12/29 that I got my SJCX balance to 10,100.  So I really wasn't expecting to get paid at all for December.

I'm really happy to see things going so well with the project.

Here's my present configuration:
Desktop - Linux Mint 17 - 20 GB
Desktop - Windows 7 - 295 GB
External HD - 315 GB
Laptop - Windows 7 - 110 GB   Total: 740 GB

[Cassey]

When is this going live to not need the 10,000 coins prior?

When it goes live, however those that crowdsourced originally, and those that donate their 10K ($160 worth of SJCX) will likely, and note I said ""likely" because it hasn't happened yet and we live in a world of change, will have priority access to paying customers.  Under the current test-group-B status you can test for free.  If you want to get paid SJCX, then you need the 10K investment.  Note that there are no paying customers yet - that won't happen during test-group-B, and I'm unsure if it will happen under test-group-C.  No paying customer == paid coins are coming from the original crowdsources and the developers.  Payments today are to basically help work out the payment system - not to make people rich!

[allgoodthings1]

For all of you wondering about current levels of payout, here's the full story for December's testing, paid earlier this month: https://docs.google.com/spreadsheets/d/1dZYzMrW0i4qtonDIjk3pfwkKv6rHCOuUc7rUurIRPqU/edit?pref=2&pli=1#gid=541091125

[s@toshiClaims]

Downloading it will see what it brings 

[allgoodthings1]

I've added another 520 GB to my array. We'll see how much I get this month. 

[bathrobehero]

Following this. How frequent the payouts are for farmers?

[allgoodthings1]

Once a month right now.