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Author Topic: [ANN] Storj - Decentralized Storage  (Read 389680 times)
ScoreB
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October 28, 2017, 08:12:40 AM
 #1821

ive been renting my diskspace with Storj for quite some time now and at first i have to say congratulations on the Software its idiot proof to install and run it. But now im asking myself is ther any link or something on which an can see how many Storj i already earned and how many i can earn per TB / Month which would be nice because im thinking about upgrading my System with some more Storage if its profitable in anyway.

Would love to see some DEVS respond to this. I've read similar requests for a profit-calculator all over and I would certainly like to see one for myself.

The only estimated earnings I managed to find was some guy in the STORJ community slack that said 100TB of storage should most likely earn you around $150-$300 a month..

Yet, if I look at the price of the necessary hardware (a full 100TB rig would cost about $5000 I guess?) and the electricity it would cost to run it.. a quick guess would be that even in the most positive scenario of $300 a month it would take you at least 16 months to reach your return of investment. And that is the upmost positive scenario..

Unless the price of STORJ rises of course and you'd make a lot more then $300.

Yet, if that happens, probably more people will come to rent out space and thus lowering the potential STORJ tokens to earn, right?

Someone please clarify for the noobs out here that might be willing and able to participate.
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October 29, 2017, 05:09:57 AM
 #1822

ive been renting my diskspace with Storj for quite some time now and at first i have to say congratulations on the Software its idiot proof to install and run it. But now im asking myself is ther any link or something on which an can see how many Storj i already earned and how many i can earn per TB / Month which would be nice because im thinking about upgrading my System with some more Storage if its profitable in anyway.

Would love to see some DEVS respond to this. I've read similar requests for a profit-calculator all over and I would certainly like to see one for myself.

The only estimated earnings I managed to find was some guy in the STORJ community slack that said 100TB of storage should most likely earn you around $150-$300 a month..

Yet, if I look at the price of the necessary hardware (a full 100TB rig would cost about $5000 I guess?) and the electricity it would cost to run it.. a quick guess would be that even in the most positive scenario of $300 a month it would take you at least 16 months to reach your return of investment. And that is the upmost positive scenario..

Unless the price of STORJ rises of course and you'd make a lot more then $300.

Yet, if that happens, probably more people will come to rent out space and thus lowering the potential STORJ tokens to earn, right?

Someone please clarify for the noobs out here that might be willing and able to participate.

I'm not a dev but I've been following Storj for a long time and use Storj Share.

You should use what you have available at this stage not thinking of getting a 100TB rig built to make a profit.
Even if you have one it is not guaranteed you will fill it up with data or it could take a long while.

The way you earn right now depends on the amount of storage you actually store for Storj users on your node.
There are several other variables including your uptime, bandwidth, reliability, etc... which all affect how much you can earn.

There is a lot of competition for storage with several thousand active farmers at a point, Storj has recently announced 5 PetaBytes of storage used on the network.
As storage demand increases with new Storj partnerships and customers, farmers will also see an increased utilization of their storage which could mean more rewards.

Hence why it is not easy to make an earning calculator. What I heard is that the team will be moving at some stage to more frequent, automatic payouts (via Etherem smart contracts)
which will potentially mean more data to work with as well as more reliable ways to estimate earnings.

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October 29, 2017, 05:23:22 AM
 #1823

Very interesting turn of events. Polo add to its stock exchange value and is now still interested in what happens to the old coin. Will be removed if the old coin or two they will be traded on this exchange.
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October 29, 2017, 06:08:38 AM
 #1824

what has happened to this coin? Is this a fork

No, the team migrated the token from Counterparty to Ethereum. So some users still have to swap their old tokens to the new one.

Polo in particular has both tokens listed, I have a feeling they will delist SJCX soon and have only STORJ.
It may depend on how quickly SJCX holders can withdraw and convert to Storj using the Storj converter.
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October 29, 2017, 10:11:31 AM
 #1825

ive been renting my diskspace with Storj for quite some time now and at first i have to say congratulations on the Software its idiot proof to install and run it. But now im asking myself is ther any link or something on which an can see how many Storj i already earned and how many i can earn per TB / Month which would be nice because im thinking about upgrading my System with some more Storage if its profitable in anyway.

Would love to see some DEVS respond to this. I've read similar requests for a profit-calculator all over and I would certainly like to see one for myself.

The only estimated earnings I managed to find was some guy in the STORJ community slack that said 100TB of storage should most likely earn you around $150-$300 a month..

Yet, if I look at the price of the necessary hardware (a full 100TB rig would cost about $5000 I guess?) and the electricity it would cost to run it.. a quick guess would be that even in the most positive scenario of $300 a month it would take you at least 16 months to reach your return of investment. And that is the upmost positive scenario..

Unless the price of STORJ rises of course and you'd make a lot more then $300.

Yet, if that happens, probably more people will come to rent out space and thus lowering the potential STORJ tokens to earn, right?

Someone please clarify for the noobs out here that might be willing and able to participate.

I'm not a dev but I've been following Storj for a long time and use Storj Share.

You should use what you have available at this stage not thinking of getting a 100TB rig built to make a profit.
Even if you have one it is not guaranteed you will fill it up with data or it could take a long while.

The way you earn right now depends on the amount of storage you actually store for Storj users on your node.
There are several other variables including your uptime, bandwidth, reliability, etc... which all affect how much you can earn.

There is a lot of competition for storage with several thousand active farmers at a point, Storj has recently announced 5 PetaBytes of storage used on the network.
As storage demand increases with new Storj partnerships and customers, farmers will also see an increased utilization of their storage which could mean more rewards.

Hence why it is not easy to make an earning calculator. What I heard is that the team will be moving at some stage to more frequent, automatic payouts (via Etherem smart contracts)
which will potentially mean more data to work with as well as more reliable ways to estimate earnings.



Thank you both very much for the answers i think i should lower my expectations for a few TB i profide 😁. Do anyone of you know how often Storj pays out? Is it in fixed intervals or is it after you reach a specific amount of Storj?

ScoreB
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October 29, 2017, 12:51:33 PM
 #1826

ive been renting my diskspace with Storj for quite some time now and at first i have to say congratulations on the Software its idiot proof to install and run it. But now im asking myself is ther any link or something on which an can see how many Storj i already earned and how many i can earn per TB / Month which would be nice because im thinking about upgrading my System with some more Storage if its profitable in anyway.

Would love to see some DEVS respond to this. I've read similar requests for a profit-calculator all over and I would certainly like to see one for myself.

The only estimated earnings I managed to find was some guy in the STORJ community slack that said 100TB of storage should most likely earn you around $150-$300 a month..

Yet, if I look at the price of the necessary hardware (a full 100TB rig would cost about $5000 I guess?) and the electricity it would cost to run it.. a quick guess would be that even in the most positive scenario of $300 a month it would take you at least 16 months to reach your return of investment. And that is the upmost positive scenario..

Unless the price of STORJ rises of course and you'd make a lot more then $300.

Yet, if that happens, probably more people will come to rent out space and thus lowering the potential STORJ tokens to earn, right?

Someone please clarify for the noobs out here that might be willing and able to participate.

I'm not a dev but I've been following Storj for a long time and use Storj Share.

You should use what you have available at this stage not thinking of getting a 100TB rig built to make a profit.
Even if you have one it is not guaranteed you will fill it up with data or it could take a long while.

The way you earn right now depends on the amount of storage you actually store for Storj users on your node.
There are several other variables including your uptime, bandwidth, reliability, etc... which all affect how much you can earn.

There is a lot of competition for storage with several thousand active farmers at a point, Storj has recently announced 5 PetaBytes of storage used on the network.
As storage demand increases with new Storj partnerships and customers, farmers will also see an increased utilization of their storage which could mean more rewards.

Hence why it is not easy to make an earning calculator. What I heard is that the team will be moving at some stage to more frequent, automatic payouts (via Etherem smart contracts)
which will potentially mean more data to work with as well as more reliable ways to estimate earnings.



Great answer, took quite some time to figure this out myself but at least now it's written here in clear language. Hopefully it will also be of benefit to others that end up here with the same question. Thnx! Smiley
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October 29, 2017, 12:53:55 PM
 #1827

hey dev any airdrop or bounty campaign for your project?
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October 29, 2017, 08:17:59 PM
 #1828

As far as I know the devs are moving toward automated payouts...

https://github.com/Storj/billing/pull/88
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October 30, 2017, 05:32:38 AM
 #1829

hey dev any airdrop or bounty campaign for your project?

I might be wrong but I don't think they are currently running any airdrop campaign or the bounty campaign for the project. (sorry if i turn out to be wrong)


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October 30, 2017, 08:12:01 PM
 #1830

hey dev any airdrop or bounty campaign for your project?

I might be wrong but I don't think they are currently running any airdrop campaign or the bounty campaign for the project. (sorry if i turn out to be wrong)

There is no bounty, however if you help with code on GitHub you can get Storj Swag.

Join https://community.storj.io for more details.
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October 30, 2017, 08:18:01 PM
 #1831

So they are switching from Counterparty platform to the Ethereum one. In my opinion this is a good and a smart move to do right now but there are a lot of coins based on ethereum platform , hope they know what are they doing cause I always had an interest on Storj.
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October 30, 2017, 09:09:32 PM
 #1832

So they are switching from Counterparty platform to the Ethereum one. In my opinion this is a good and a smart move to do right now but there are a lot of coins based on ethereum platform , hope they know what are they doing cause I always had an interest on Storj.

How come you suddenly start referring to something that was announced over 6 months ago -> http://blog.storj.io/post/158740607128/migration-from-counterparty-to-ethereum ?

Still though, didn't realize yet that STORJ apparently switched from Bitcoin-related to an Ethereum related coin back then. So thnx.
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October 31, 2017, 11:45:30 AM
 #1833

I cannot believe POLONIEX just didn't convert the damn tokens themselves.... this is a fucking joke...
I had to sold my SJCX tokens 2 days ago because I was waiting for more than 5 days with a pending withdrawal.... and then... boom this stupid announcement... come on !!!
I agree Poloniex should've converted their SJCX to STORJ (ERC20) or at least delisted SJCX at the same time as they started trading STORJ but they seem to be slow working guys and not so collaborative with STORJ Labs' demands.

So if you don't wanna loose any possible STORJ pump you'd better convert your coins instead of exchanging for ETH or BTC...

BTW Poloniex's insistence on keeping SJCX tradable together with the new STORJ (ERC20) is nonsense...

polo is a piece of shit exchange, it really deserves to die
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October 31, 2017, 07:10:30 PM
 #1834

I added Storj Token to the Cheddur app (https://www.cheddur.com/) given the details I could find on the website. This will allow more people to learn about Storj and join. Can others from the community who are more knowledgeable please review the profile and submit edits for the remaining missing information? We can also link wallets, exchanges, and other services to Storj so that other users can easily get started!

https://i.imgur.com/CL8s24h.png

https://i.imgur.com/yJ0U5lk.png
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November 04, 2017, 01:56:12 PM
 #1835

I added Storj to the Cheddur app (https://www.cheddur.com/). This will allow new users to learn about Storj and join the community. Cheddur allows you to link addresses, wallets, exchanges, and other services that support Storj so that new users can easily get started. Can others from the community please review the profile for quality and help me link supported services?

Screenshots of coin overview screen:

https://i.imgur.com/veSdEdp.png

https://i.imgur.com/Ltb2AHT.png

Screenshot of coin details screen:

https://i.imgur.com/WnXQJmA.png
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November 06, 2017, 10:18:25 PM
 #1836

Storj good altcoin,  easy 10%-15% 24h. boom guys
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November 09, 2017, 11:29:47 AM
 #1837

want to join the Storj Townhall Meeting  Grin

ugChain ● Decentralized Gaming Ecosystem ● Bounty Thread
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November 09, 2017, 09:13:43 PM
 #1838

im holder old scjxcoin on poloniex? Can you still do the conversion to stroj ethereum erc-20 tokens? Where can I exchange?  Huh Huh Huh Huh


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November 09, 2017, 09:48:43 PM
 #1839

im holder old scjxcoin on poloniex? Can you still do the conversion to stroj ethereum erc-20 tokens? Where can I exchange?  Huh Huh Huh Huh

Here you go:

https://docs.storj.io/v1.1/docs/migrate-tokens-from-sjcx-to-storj

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November 10, 2017, 06:53:58 PM
 #1840

im holder old scjxcoin on poloniex? Can you still do the conversion to stroj ethereum erc-20 tokens? Where can I exchange?  Huh Huh Huh Huh

Yes you can by using this website: https://converter.storj.io/

However you should be quick as the converter is open until November 29.

Here's a guide on how to do it: https://docs.storj.io/docs/migrate-tokens-from-sjcx-to-storj
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