Minebox Pre-order 8TB and 16TB Models using SIA - page 2.

Eyedol-X

hero member

Activity: 952

Merit: 508

Quote from: KaydenC on March 04, 2017, 06:53:24 AM

Not worth it. If you want to do SIA/Storj/Maidsafe/Burst, DIY a build with these 8TB WD red drives for $210 (shuck it from the enclosure): https://www.amazon.com/Book-Desktop-External-Drive-WDBBGB0080HBK-NESN/dp/B01LQQHLGC/

Minebox was originally using those WD Red Drives and switched for the better IronWolf drives.

The point of this device is not how cheap you can make cloud storage, the point of this device is storing your data in a decentralized network where you control your private key to your data.

If you connect a Minebox to the network, add all your data and your Minebox fails... you can recover 100% of your data, that's what makes Minebox unique. In addition to this, you can earn SIA Coin for reselling your unused space on the network.

Minebox is first to market with this type of device.

Eyedol-X

hero member

Activity: 952

Merit: 508

For those interested, below are some of the unique features to Minebox

Key Minebox features:

1. Local storage and remote access
2. Earn money on your free space (unique to Minebox)
3. Get redundant offsite backups with one click (unique to Minebox)
4. Bring your data under your control with a private key known only to you (unique to Minebox)
5. Manage your balance with a built-in wallet (unique to Minebox)

KaydenC

sr. member

Activity: 610

Merit: 265

Not worth it. If you want to do SIA/Storj/Maidsafe/Burst, DIY a build with these 8TB WD red drives for $210 (shuck it from the enclosure): https://www.amazon.com/Book-Desktop-External-Drive-WDBBGB0080HBK-NESN/dp/B01LQQHLGC/

Gaglam

sr. member

Activity: 390

Merit: 250

$1468.00 EUR for 16TB?
You must be kidding Grin

maleemk

sr. member

Activity: 304

Merit: 250

Agreed way too expensive.

Eyedol-X

hero member

Activity: 952

Merit: 508

Quote from: joblo on March 04, 2017, 12:02:29 AM

How much load does HDD mining put on the drive? It is a mechanical device after
and suffers wear.

They use Seagate Iron Wolf drives that are built for a ~300TB a year workload.

It's no SSD, but that's a lot of wear...

Eyedol-X

hero member

Activity: 952

Merit: 508

Quote from: QuintLeo on March 03, 2017, 11:59:13 PM

WAY too expensive for what they are offering.

I could build a 16 TB box for more like $800 all-up specifically including OS/software AND a pair of Seagate "Archive" 8TB drives, using a MB and a case that would easily handle at least 7 drives (and with some digging might manage 8-10 and still bring it in under $800 my cost).

Don't need no "custom" LINUX version to do it with either - ANY standard LINUX version for at least the last 20 years has been able to handle a lot more than 4 drives.

the hard drives in the 16TB model are around $300 USD each, so for $600 you'd still need a board $100, processor, $100, ram $40, PSU $150, Chassis $100 -- that comes in around $1100 before shipping or taxes. Then you'd still need to build your OS and connect it to the SIA blockchain network in the manner theirs does.

Can you save a few hundred $$ doing all this? Certainly, can you do it in the same a-la-carte small form factor? Nope.

I don't know if this technology will take off or fall on its face but I am interested in it because I think it has potential.

joblo

legendary

Activity: 1470

Merit: 1114

How much load does HDD mining put on the drive? It is a mechanical device after
and suffers wear.

QuintLeo

legendary

Activity: 1498

Merit: 1030

WAY too expensive for what they are offering.

I could build a 16 TB box for more like $800 all-up specifically including OS/software AND a pair of Seagate "Archive" 8TB drives, using a MB and a case that would easily handle at least 7 drives (and with some digging might manage 8-10 and still bring it in under $800 my cost).

Don't need no "custom" LINUX version to do it with either - ANY standard LINUX version for at least the last 20 years has been able to handle a lot more than 4 drives.

Eyedol-X

hero member

Activity: 952

Merit: 508

Quote from: takagari on March 03, 2017, 08:53:05 PM

Not seeing a lot of info on use..
it's a 4 bay but comes with 2 drives? can it be expanded? can drives be plugged into the usb ports for further expansion?

It's an HP Micro server and yes you can add additional drives and use all 4 drive bays. Don't know about expanded storage via USB but it seams like a feasible feature in the future.

They told me if you add more drives once you receive yours they can provide instructions how to enable them in the OS.

Their twitter has some screen captures of the custom linux OS they are using https://t.co/7khPOTk2do

https://twitter.com/mineboxHQ

takagari

legendary

Activity: 1050

Merit: 1000

Not seeing a lot of info on use..
it's a 4 bay but comes with 2 drives? can it be expanded? can drives be plugged into the usb ports for further expansion?

Eyedol-X

hero member

Activity: 952

Merit: 508

Quote from: groovy1962 on March 03, 2017, 04:45:07 PM

Have you got a link to a profitability calculation?

It seems to me that these projects are great ideas for distributed data storage, but that there's a lot of enthusiasts putting up capacity--- but are there any customers buying that capacity?

Right now I don't think this would be profitable for "mining" but the more people use the technology and the increased demand of SIA will only raise the price and add value long term.

It's my hope that buying one of these early that I ROI "some day" but I bought it more for the encrypted storage cloud capability than I did as a miner, that feature is just a perk for me that offsets the low power costs of having it connected and online.

groovy1962

newbie

Activity: 54

Merit: 0

Have you got a link to a profitability calculation?

It seems to me that these projects are great ideas for distributed data storage, but that there's a lot of enthusiasts putting up capacity--- but are there any customers buying that capacity?

AmDD

legendary

Activity: 1027

Merit: 1005

Interesting, I had not heard of this. Thanks!

Eyedol-X

hero member

Activity: 952

Merit: 508

This isn't really mining but it uses SIA Coin blockchain for its architecture so I figured I would post here.

I just ordered a 16TB Model today and thought I would share the link for those that may not know about the Minebox

This is not a referral link and I don't work for Minebox, I just think its a cool technology.

Information: https://minebox.io/

Preorder: https://minebox.io/preorder

Anyone else going to get one one?

Topic: Minebox Pre-order 8TB and 16TB Models using SIA - page 2. (Read 3948 times)