Topic: [ANN] Sia - Decentralized Storage - page 454. (Read 1382228 times)

In the renter tab, there's a button 'add ascii file'. Paste the text on the pastebin into that to get my files:

Mr. Ando of the Woods: http://pastebin.com/ijpN2Xsk
Feynman - What keeps a train on the track: http://pastebin.com/gN9Fha0j
Feynman- Rubber bands: http://pastebin.com/tFdJTwK6
Fever the Ghost: http://pastebin.com/pm9RBu8J

These are some videos that have brought me amusement of some kind. First is some weird animated story. Second and third are small lectures by Richard Feynman. Fourth is a psychedelic music video.

We're building a platform called 'Sunfish' which will make sharing and tagging files a lot easier. The early version of that will be ready in July.

thx
old kernel - 80 MH/s
new kernel  - 110MH/s

r9 280x 1150/1500 -s 10 -c 1

I don't think it'll be that much faster, but try this one: https://raw.githubusercontent.com/NebulousLabs/Sia-GPU-Miner/minor/sia-gpu-miner.cl

Current redundancy is 8, and the time is 6 weeks instead of 4. Sorry because that's confusing. But that corresponds to something like 180 SC / GB / Month.

There is an estimator on the hosting page. My estimator says 47 SC / GB / Month is competitive, which is disjoint. Why is there a disparity? The renter estimator looks at 12 randomly selected hosts (cheaper hosts are selected more frequently), and the host estimator looks at 8 randomly selected hosts (cheaper hosts are selected more frequently). The disparity means that host prices are all over the place right now, some are very cheap (my price is 6 SC / GB / Mo) and some are expensive (#12 seems to be around 1KS / GB / Month).

Right now, there is very little tooling to help you know what price to set. Until people are using the storage more, you're unlikely to make much money. That's partially our fault because the renter is difficult to use (we've got cool things in the pipeline though), and partially just because the system is new and nobody trusts it.


Our next release is going to have accounts in the wallet. The renter is going to have its own account. You can put money into the renter account, and set spending limits. The account will tell you how much money is being spent. This is not going to be on the renter page.

The idea is, like dropbox, you should not have to worry about price each time you upload a file. Unlike dropbox, you should not have to pay for storage that you do not use. It should just be metered. Storage should be more like electricity, where you don't think about the cost every time you use it, you just use what you need and have some awareness of whether you're spending a lot or a little.

You can always check the account and see how much you've spent at any given point, and you can have some certainty that you aren't going to exceed some limit.

Renting won't continue to be the block box that it currently is.

pastebin *cl any link ?

r9 290 @1020/875 115mh/s with pastebin *cl

That's funny that you say that. I was just talking about that earlier in the IRC.
This is going to be huge.

What hash-rate are you guys getting?
I'm getting 150MH/s but I haven't mined a single block and I've been at it a while...

Also.. We can use the same wallet on multiple SIA clients concurrently right (for mining purposes)? We won't run into any trouble?

I only uploaded a few small files. But nothing is clear or explained exactly how all this works. For example,
in google drive, I choose an amount of storage 1TB for 9.99 a month (recent huge price drop but we can talk about that later).
So now as a user i know I've paid for 1 TB of storage for one month. Its mine to add and delete as many files as often as I
want for that cost I already paid.

Now can one of the devs give a detailed explanation how renting storage works now and how it will work in the future?

Right now when I upload I don't know how much its going to cost me. I don't know if I can download it and reupload it
at additional cost. I don't know what these contracts mean because Sia doesn't ask me or tell me how much I am paying
or let me know I'm entering a contract.

Obviously Sia just started, its not stable and will go through a thousand fixes and changes. But I think I covered why
nobody is using the storage function yet. I think we are waiting until it is more user friendly and clear how it works.
Enterprise use and torrent replacement is part of the vision so you guys must know how all that will work one day.
I'm fascinated to see how people can one day build on top of sia and stream services or search and watch videos like youtube
using Sia as backend.

Btw no matter how much the big guys drop their prices Sia will always compete because if they can profit at whatever price
they drop it to, then Sia hosts certainly can at the same or lower due to low to no overhead. Plus as someone mentioned
I peronally would pay a premium for Sia (given if its stable and proven reliable) because I know nobody can hack into
it. If Jennifer Lawrence used Sia then her nude photos would never have been hacked into and released. It was good
for us guys but embarrassing for her.

Sia is open source, decentralized and unhackable (hopefully).
As opposed to Jennifer Lawrence, who has to trust a dimwit employee at Apple not to leak her password intentionally
or unintentionally. I can safely upload to the Sia network my "I can't stand my mother in law" letter that must never see
the light of day or I'm dead. In Sia its never getting read by anyone but me.

Thank you!  I am trying to get my hands on as much coin as possible as I can see the potential in this for where I work.  I live in New Jersey along the coast and we had a major Hurricane a couple years back.  During the lead up to the storm I was scrambling to try and send as much data off-site (My House/Cloud) as possible.  The idea of being able to distribute redundant data geographically is a pretty cool thing.  This project is very exciting!

I get 1/10,000th of 3.9% of your 0.0167 for each sianote I own. Don't be jealous.

What is the value for the Hosting Price (SC Per GB Per Month) that best corresponds to this estimated 2.3 KS /GB ? Trying to set a competitive rate here

4 Contracts
32.4MB/10.0GB in use
0.0000 KS earned
0.0167 KS to be earned

yay, I'm rich 

That sounds about right for that card. The people who are mining faster are using custom software - we'd release it if we could, but we don't have the software ourselves.

We're working on optimizing things.

The cost estimator glitches out sometimes. If you restart siad, the problem should resolve. My current estimated price is 2.3 KS / GB (6 weeks of storage). That seems pretty reasonable to me

Just a few people are uploading right now and we're not sure exactly what it's going to take to kick-off people using the storage feature. I'm sure the existing 500mb cap has something to do with it. I'll probably post some links to share my image library, maybe you guys have stuff you're interested in sharing too.

I am kinda new at the whole GPU mining.  I am running Ubuntu 14.10 headless and the most I can squeeze out of my R9 280x is 68 MH/s.  I set gpu-miner -s 10 -c 1 which got me to 68, before I was at 65.  My card is fully stock.  Can someone please post what you have your core/memory set to.  I'll figure out the commands to set it.

 

Why is that number so big?

I tried to announce some free space, but nobody wants to take my cheap prizes 

People can always start a storage renting business on Sia with some small overhead to make money. Sia can dramatically lower the barrier of entry for the cloud storage business.

well said Grandpa

 The only way this thing keeps mooning is if enterprise jumps on the service, and the demand outstrips supply, but we've still got a good 100k blocks of goldrush mentality ahead.

 I love the way the rewards decrease as miners ramp up. The miners are working for the project here, even if they don't know it. Securing the network for Sia, and helping the base grow.
 
 This is one of the reasons I am buying, encourage the network support and fund the miners efforts with tangible bitcoins.

 That said, pm me if you are selling! 0.08BTC for 1M Sia. Thanks!

Thanks grandpa_seth. It's refreshing to see that at least some people understand our vision.

I love how David put it that mining is a necessary evil. Remember Siacoin was intended as proof of storage.
But apparently that is very difficult to do with high security and reliability. So these guys are pretty smart and
used proven bitcoin tech which still isn't broken in 6 years for consensus to fuel the real tech behind Sia which is
storage renting.

Altcoin miners range from skilled technical people to simple kids. But they all have in common they mine for free
money and have little interest or vision. Sia will have asics like bitcoin and the miner will go away just like
the altcoin mining market will die eventually. Main stream will never use litecoin let alone litecoin clones. Mining
is just so dumb and not the future of adopted crypto currency. Smart contracts will help some coins reach the
holy grail of adoption and market cap not gpu mining lol.

Maybe a storage coin will come out with proof of storage one day but will you trust it? How many years will it
take before you're pretty sure its not broken and you lose all your coins and files. Even if they do manage to do it
thats great for them but Sia will already be out for a while and people will hopefully have fallen in love with storing
their files on its network.

I have siafunds and I mined some and I'll probably buy some more but the thing to remember is its not a
to da moon coin. The value of siacoin should not be fueled by speculation. It should and always will be
tied to the price of cloud storage. How much is it worth it to you to store your files on a decentralized network?
Thats how much you'll pay and thats how much a siacoin will be worth. In the beginning there will be trading
and speculation but after a while there will really be no point in staring at coinmarketcap eveyday. Siacoin will
move in relation to the storage market which people will always need.