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SIA related: Small company entering SIA hosting market 1000 Terabyte - 100 Host Array setup


Niek
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I know that quit a lot of you are at least somewhat invested in Sia as well. I found this topic on their forum, if you haven't read it, its fascinating. Some small entrepreneurs are setting up quit a massive data center dedicated to hosting on SIA.

You can follow their story here: https://forum.sia.tech/topic/887/1000-terabyte-100-host-array

According to them: 

"... we have not been this excited since the late 90’s early 2000’s ( heyday of the Internet boom) :) I don't want to give the impression that we are going into this blind. We have been in the IT industry for nearly 20 years. We have had a few successfully ventures along with a few spectacular failures. The secrete to our relative success has been to go with our gut (after Adequate due diligence)."

Edited by Niek
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This is a good supply for the network. I don't want to rain on your parade, but where is the demand? Sounds to me some guys have 100 machines idling around and thought buying a **** load of sia coins will pay back when they participate in the network. The reason why I did not yet invest in sia is the missing demand, barrier of entry is quiet high, and you are tied to use retarded exchanges like polo (yes, I hate it) to get the coin. So who is using the network? Where is the big deal? What partnership outlook is there? Don't get me wrong. I can see it clearly explode in price and change the world of distributed storage, but I can also see it fail because somebody steals the show or nobody is interest in the network for several reasons. For instance, you need to download the whole blockchain to get started. Like, what? How does that scale? Thanks for bearing with me. May somebody enlighten me. 

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10 minutes ago, xh3b4sd said:

This is a good supply for the network. I don't want to rain on your parade, but where is the demand? Sounds to me some guys have 100 machines idling around and thought buying a **** load of sia coins will pay back when they participate in the network. The reason why I did not yet invest in sia is the missing demand, barrier of entry is quiet high, and you are tied to use retarded exchanges like polo (yes, I hate it) to get the coin. So who is using the network? Where is the big deal? What partnership outlook is there? Don't get me wrong. I can see it clearly explode in price and change the world of distributed storage, but I can also see it fail because somebody steals the show or nobody is interest in the network for several reasons. For instance, you need to download the whole blockchain to get started. Like, what? How does that scale? Thanks for bearing with me. May somebody enlighten me. 

For this reason I'm calculating the sia usage every day. From the 5th of May to today its actual usage increased from 21 TB to 25,55 TB. Still very very low (but by keeping track I'm hoping to see some parabolic take of in the coming months). If there are some services developed around SIA which makes entry easier it could all go pretty fast. Currently 1111 TB is available for hosting and 2,3 % is utilised. This is definitely a coin for the long run.

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This looks like someone has excess disk capacity on servers that otherwise do other things.

10 TB per server is very small capacity for specialized storage nodes (COTS spinning disks can have 10TB capacity nowadays). But it looks decent if this is flash-only storage (which I doubt).

EDIT: And they have a wooden floor? Where is the ventilation?

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