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by ajhurliman 2297 days ago
If I go out and spend $20,000 on a a 480TB file server and I were charging AWS prices ($0.023/GB), I could get $11,040/ month. After two months my investment would have paid for itself. I'm not sure why you think markets are inefficient and somehow AWS is superior, but folks could be getting paid 10x less than AWS and still making money on their investments.

Inversely, people could be storing their files for 10x cheaper than on AWS.

1 comments

Because Filecoin being a tradable asset as well as a utility confuses how it's valued. If it rises quickly, it's better to sell then spend. If it drops, it's bad for those running servers. Both ups and downs are being driven by forces which have nothing to do with cost of services, that's the problem. Unless they fix the price of Filecoin against the USD to make it a real utility, it's a get rich quick scheme.