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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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BossBee
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June 07, 2017, 11:32:22 PM |
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@eyedol-x
Did they tell you when your minebox will arrive?
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Eyedol-X (OP)
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June 08, 2017, 02:06:59 AM |
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@eyedol-x
Did they tell you when your minebox will arrive?
Only update I got recently indicated that it could ship as early as end of June and that I would be contacted about shipping details since shipping costs were not included. |
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philipma1957
Legendary
 Offline
Activity: 4116
Merit: 7824
'The right to privacy matters'
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June 08, 2017, 02:41:23 AM |
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@eyedol-x
Did they tell you when your minebox will arrive?
Only update I got recently indicated that it could ship as early as end of June and that I would be contacted about shipping details since shipping costs were not included. Would Love to see you demo it |
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poisson
Newbie
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Activity: 26
Merit: 0
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June 08, 2017, 02:41:57 AM |
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Eyedol-X (OP)
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July 03, 2017, 03:51:27 PM |
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Minebox just announced their beta for those who purchased the pre-order can request a spot in the Beta test of the product to receive their Minebox early.
Check your e-mail for details if you have already pre-ordered.
The beta is supposed to begin August 31st and I have requested to be in the beta.
There is only 35 pre-orders left of the Batch 1 Minebox.
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darkshad
Newbie
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Activity: 53
Merit: 0
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July 07, 2017, 07:33:46 AM |
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Are they going to release their custom OS so this could be ran on any hardware, or does one have to buy their box?
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Eyedol-X (OP)
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July 16, 2017, 09:44:22 PM |
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Are they going to release their custom OS so this could be ran on any hardware, or does one have to buy their box?
As far as I know, nope as that would defeat the purpose of the Minebox, they are in the business of selling an all-in-one solution, not an OS provider. However I could see them branching out to other hardware partners but who knows if they will do that or not with HP in their corner. I just got notification today that I'm in the Beta Test so I expect to have my Minebox sometime in September right now as an estimate. |
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VoskCoin
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July 17, 2017, 04:40:21 AM |
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Minebox was originally using those WD Red Drives and switched for the better IronWolf drives. The point of this device is not how cheap you can make cloud storage, the point of this device is storing your data in a decentralized network where you control your private key to your data. If you connect a Minebox to the network, add all your data and your Minebox fails... you can recover 100% of your data, that's what makes Minebox unique. In addition to this, you can earn SIA Coin for reselling your unused space on the network. Minebox is first to market with this type of device. Personally I think this is really interesting and think eventually it would be successful. . How soon ? That's hard to say! Any idea on profitability in today's market? |
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Branko
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July 17, 2017, 05:26:51 AM |
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I think maybe I missed something here, there are references to DIY builds that can do all of these things but I don't see where to find that information here in this thread. However, here is what I have been able to determine upon my analysis of the Minebox cost: 2x Drives found in Minebox - $600 on Newegg - https://www.newegg.com/Product/Product.aspx?Item=N82E16822179003HP Microserver found in Minebox - $430 on Newegg - https://www.newegg.com/Product/Product.aspx?Item=9SIA6ZP3JU1624Additional Memory in 4GB Ram in 16TB Model - $29 on Newegg https://www.newegg.com/Product/Product.aspx?Item=N82E16820148813Without shipping costs that's already $1060 and the Minebox costs $498 more for the 16TB Model. So roughly $500 for a custom OS with warranty and continued development to do all the things mentioned above? I'm sorry but if all they are making is $500 a shot on these things, that's not a sustainable business model as they are only making about 33% profit on each device and I'm sure after you factor in their initial R&D and continued development, that profit number dwindles. Some have indicated here that there is already an OS that does this or can do this? If so, where is the a-la-carte OS download or where is the DIY instructions? Clearly you can DIY build the hardware cheaper than the above but my question is; if there is some unknown to me way of doing things advertised as unique to Minebox, where is this information on how this is done? I ask this because right now from everything I have found, it looks like these features are first to market. It's well known that you can backup to the cloud, you can backup to external hard drives, and you can use 3rd party software to encrypt your local backups and backups in the cloud but where is the competing product that does it all in one bundle? Is this a DIY found in a place I haven't found or is this some sort of commercial product that can be purchased? So far I haven't found this bundle of features available anywhere else in one package. I know of ways I could effectively create a similar solution but that solution would not be decentralized on a blockchain using SIA or a similar architecture. I'm sure given enough time I could figure out how to make that work but candidly, I don't have that kind of time to develop such a product just for myself. Lastly, if there is a product that can purchased or DIY that I don't know about, does that same product allow you to resell your unused free space and get paid in SIA or another crypto currency the way Minebox does? Thanks |
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Dlugina23
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July 17, 2017, 05:33:52 AM |
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Sorry i dont what is cheaper,minebox 32 TB ,8x4TB.Invest get back?
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Eyedol-X (OP)
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July 22, 2017, 02:10:58 AM |
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Minebox was originally using those WD Red Drives and switched for the better IronWolf drives. The point of this device is not how cheap you can make cloud storage, the point of this device is storing your data in a decentralized network where you control your private key to your data. If you connect a Minebox to the network, add all your data and your Minebox fails... you can recover 100% of your data, that's what makes Minebox unique. In addition to this, you can earn SIA Coin for reselling your unused space on the network. Minebox is first to market with this type of device. Personally I think this is really interesting and think eventually it would be successful. . How soon ? That's hard to say! Any idea on profitability in today's market? Profitability would be subjective to demand for cloud storage on the SIA network and what people are willing to pay for that. Right now pricing for cloud storage on the SIA Blockchain is pretty cheap. Check out https://siahub.info/ for pricing info. Looks like Minebox is down to last 11 pre-orders |
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Eyedol-X (OP)
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November 07, 2017, 03:12:36 AM
Last edit: November 07, 2017, 03:32:02 AM by Eyedol-X |
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Got my Minebox and fired it up today, I'm currently waiting for the SIA network to finish sync. It will be a while before I can really play with it but I can report that their software isn't ready yet to start selling unused storage space for SIA. (I knew this ahead of time before receiving it) However, I will be able to store information on the device and back it up to SIA network. I have the 16TB model and I'm adding another 16TB to it this week. I'm happy to finally start using it, even if I can't sell storage for SIA yet. I'm glad they opted to not delay the release further as I'd rather have it and wait for an update than to not have it at all  For now, here's a photo. I will be posting more information as I have time to put it together.  |
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Alainmona
Newbie
Offline
Activity: 14
Merit: 0
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January 15, 2018, 02:55:28 AM |
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Got my Minebox and fired it up today, I'm currently waiting for the SIA network to finish sync. It will be a while before I can really play with it but I can report that their software isn't ready yet to start selling unused storage space for SIA. (I knew this ahead of time before receiving it) However, I will be able to store information on the device and back it up to SIA network. I have the 16TB model and I'm adding another 16TB to it this week. I'm happy to finally start using it, even if I can't sell storage for SIA yet. I'm glad they opted to not delay the release further as I'd rather have it and wait for an update than to not have it at all For now, here's a photo. I will be posting more information as I have time to put it together. https://pbs.twimg.com/media/DN_zwhkVQAQtYhl.jpgNice man!! Thanks for dedicating the time to update us on the Minebox. I was looking at some today and was wondering profitability and I found this thread. Have Sia released any calculations on profit from storage based off whatever price they have for monthly storage? Was considering getting one as well after finishing my gpu mining rig (3 more gpus to go) |
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