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by Taek
3302 days ago
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The $2 / TB / Mo we've traditionally advertised as our price included 3x redundancy. The math we've done on reliability suggests that really you only need about 1.5x redundancy once you are using 96 hosts for storage. The network prices today are less friendly, though that's primarily due to market confusion. The siacoin price has doubled 6 times in 6 months, and there's no mechanic to automatically re-adjust host prices and the coin price moves around. So hosts are all currently advertising storage at these hugely inflated rates, and newcomers to Sia don't realize that these aren't really competitive prices. Though, I will assert that even at our current prices it's not price that's the primary barrier to adoption. It's some combination of usability, and uncertainty. Sia is pretty hard to set up (it's around 8 steps, with two of those steps taking over an hour to complete), and a lot of people are not certain that Sia is truly stable enough to hold their data. We're focused on addressing these issues. |
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