Storj - To the moon | Bitcointalksearch.org

kumiskura

full member

Activity: 632

Merit: 122

Quote from: bathrobehero on July 20, 2017, 04:25:19 PM

Quote from: kumiskura on July 20, 2017, 04:06:03 PM

still don't get it,
BURST = if i have a lot of disk space , my income would be a lot ( depending how much disk space right ? )
ex : 1 TB everyday i get around 42 Burst,so if i have 10TB i will get around 420 Burst right ?
so how about STORJ ? i still don't understand it,
less disk more income ? or what ?

Let's say you have 1TB and decide to do Storj only. You create a single drive with 1 TB.

But, even after a few weeks only about 20GB will be actually used, so you'll have 980 GB of free space.

Which is wasted until it's filled. But that amount of data will take forever to fill.

So in the meantime you can use that space to mine with Storj because even if you give Storj 1 TB, it won't use all of them until it's filled.

so that means if i want to mine STORJ the important thing is quantity other than quality ?
so it would be better if i have 5x1TB Hardrive other than single 5TB because STORJ processing takes a week to filled around 20GB,
that mean if i have 5 Hardrive 1TB,every single hardrive i use around 20GB for mining STORJ that mean my hashrate would be 5x from single 5TB ?
that's it ?

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

Quote from: kumiskura on July 20, 2017, 04:06:03 PM

still don't get it,
BURST = if i have a lot of disk space , my income would be a lot ( depending how much disk space right ? )
ex : 1 TB everyday i get around 42 Burst,so if i have 10TB i will get around 420 Burst right ?
so how about STORJ ? i still don't understand it,
less disk more income ? or what ?

Let's say you have 1TB and decide to do Storj only. You create a single drive with 1 TB.

But, even after a few weeks only about 20GB will be actually used, so you'll have 980 GB of free space.

Which is wasted until it's filled. But that amount of data will take forever to fill.

So in the meantime you can use that space to mine with Storj because even if you give Storj 1 TB, it won't use all of them until it's filled.

kumiskura

full member

Activity: 632

Merit: 122

Quote from: bathrobehero on July 20, 2017, 03:19:58 PM

Quote from: kumiskura on July 20, 2017, 03:15:48 PM

Quote from: bathrobehero on July 20, 2017, 02:54:16 PM

Quote from: TwSeventh on July 20, 2017, 02:48:17 PM

Quote from: bathrobehero on July 20, 2017, 02:43:34 PM

No transparency (recretly reduced payments once again), still buggy software, centralization, etc.

No wonder some of their dev team left and started their own cloud storage solution (https://orc.network).

between 'sia','storj' and 'burst' which one is the best in you opinion ?
plus which is the most potential project and tell me why,
because as far as i see,their mining method are same using hdd but their prices between one and another really great.
doesn't prices tell us everything about it ?

Burst uses hardware space just to mine, other people's files are not stored there. It also uses all your allocated disk space instantly (well, once plotting is done).

Meanwhile Storj stores other people's files (which you get paid for) but the actual disk space it uses on your hardware fills up very slowly. It takes weeks for even ~20 GB to fill. But the more space it actually uses, the higher your payouts will be.

It's probably the best to do both, give Storj something like 10% of your space and mine with Storj using the rest.

I'm not at all familiar with Sia.

so based on your comments,
it would be best if we mine storj other than Burst ?
because our ROI is much higher than Burst and we can use the space on the hardisk ?
but why many people talked about BURST other than STORJ in this forum ?
BURST = Using space to mining it and we can not use it at all right ?
STORJ = Using hardware to mining it and we can use the space but it will affecting processing performance?

Burst = uses as much disk space as you let it.
Storj = it very slowly fills up your disk space regardless if you give it TB of allowed space.

So let's say you have 1TB of data. Give Storj something like 100GB of space and plot the remaining 900 and mine Burst.

If Storj gets close to using all the 100GB you gave it, give it let's say another 100GB and mine Burst with 800 GB.

Storj pays much much better for the same space - if it's actually used, not just allocated.

still don't get it,
BURST = if i have a lot of disk space , my income would be a lot ( depending how much disk space right ? )
ex : 1 TB everyday i get around 42 Burst,so if i have 10TB i will get around 420 Burst right ?
so how about STORJ ? i still don't understand it,
less disk more income ? or what ?

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

Quote from: kumiskura on July 20, 2017, 03:15:48 PM

Quote from: bathrobehero on July 20, 2017, 02:54:16 PM

Quote from: TwSeventh on July 20, 2017, 02:48:17 PM

Quote from: bathrobehero on July 20, 2017, 02:43:34 PM

No transparency (recretly reduced payments once again), still buggy software, centralization, etc.

No wonder some of their dev team left and started their own cloud storage solution (https://orc.network).

between 'sia','storj' and 'burst' which one is the best in you opinion ?
plus which is the most potential project and tell me why,
because as far as i see,their mining method are same using hdd but their prices between one and another really great.
doesn't prices tell us everything about it ?

Burst uses hardware space just to mine, other people's files are not stored there. It also uses all your allocated disk space instantly (well, once plotting is done).

Meanwhile Storj stores other people's files (which you get paid for) but the actual disk space it uses on your hardware fills up very slowly. It takes weeks for even ~20 GB to fill. But the more space it actually uses, the higher your payouts will be.

It's probably the best to do both, give Storj something like 10% of your space and mine with Storj using the rest.

I'm not at all familiar with Sia.

so based on your comments,
it would be best if we mine storj other than Burst ?
because our ROI is much higher than Burst and we can use the space on the hardisk ?
but why many people talked about BURST other than STORJ in this forum ?
BURST = Using space to mining it and we can not use it at all right ?
STORJ = Using hardware to mining it and we can use the space but it will affecting processing performance?

Burst = uses as much disk space as you let it.
Storj = it very slowly fills up your disk space regardless if you give it TB of allowed space.

So let's say you have 1TB of data. Give Storj something like 100GB of space and plot the remaining 900 and mine Burst.

If Storj gets close to using all the 100GB you gave it, give it let's say another 100GB and mine Burst with 800 GB.

Storj pays much much better for the same space - if it's actually used, not just allocated.

kumiskura

full member

Activity: 632

Merit: 122

Quote from: bathrobehero on July 20, 2017, 02:54:16 PM

Quote from: TwSeventh on July 20, 2017, 02:48:17 PM

Quote from: bathrobehero on July 20, 2017, 02:43:34 PM

No transparency (recretly reduced payments once again), still buggy software, centralization, etc.

No wonder some of their dev team left and started their own cloud storage solution (https://orc.network).

between 'sia','storj' and 'burst' which one is the best in you opinion ?
plus which is the most potential project and tell me why,
because as far as i see,their mining method are same using hdd but their prices between one and another really great.
doesn't prices tell us everything about it ?

Burst uses hardware space just to mine, other people's files are not stored there. It also uses all your allocated disk space instantly (well, once plotting is done).

Meanwhile Storj stores other people's files (which you get paid for) but the actual disk space it uses on your hardware fills up very slowly. It takes weeks for even ~20 GB to fill. But the more space it actually uses, the higher your payouts will be.

It's probably the best to do both, give Storj something like 10% of your space and mine with Storj using the rest.

I'm not at all familiar with Sia.

so based on your comments,
it would be best if we mine storj other than Burst ?
because our ROI is much higher than Burst and we can use the space on the hardisk ?
but why many people talked about BURST other than STORJ in this forum ?
BURST = Using space to mining it and we can not use it at all right ?
STORJ = Using hardware to mining it and we can use the space but it will affecting processing performance?

TikoCrypto

newbie

Activity: 43

Merit: 0

I prefer SIAcoin

Though it is great news, that they announced FileZilla Integration.

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

Quote from: TwSeventh on July 20, 2017, 02:48:17 PM

Quote from: bathrobehero on July 20, 2017, 02:43:34 PM

No transparency (recretly reduced payments once again), still buggy software, centralization, etc.

No wonder some of their dev team left and started their own cloud storage solution (https://orc.network).

between 'sia','storj' and 'burst' which one is the best in you opinion ?
plus which is the most potential project and tell me why,
because as far as i see,their mining method are same using hdd but their prices between one and another really great.
doesn't prices tell us everything about it ?

Burst uses hardware space just to mine, other people's files are not stored there. It also uses all your allocated disk space instantly (well, once plotting is done).

Meanwhile Storj stores other people's files (which you get paid for) but the actual disk space it uses on your hardware fills up very slowly. It takes weeks for even ~20 GB to fill. But the more space it actually uses, the higher your payouts will be.

It's probably the best to do both, give Storj something like 10% of your space and mine with Storj using the rest.

I'm not at all familiar with Sia.

TwSeventh

full member

Activity: 566

Merit: 113

Quote from: bathrobehero on July 20, 2017, 02:43:34 PM

No transparency (recretly reduced payments once again), still buggy software, centralization, etc.

No wonder some of their dev team left and started their own cloud storage solution (https://orc.network).

between 'sia','storj' and 'burst' which one is the best in you opinion ?
plus which is the most potential project and tell me why,
because as far as i see,their mining method are same using hdd but their prices between one and another really great.
doesn't prices tell us everything about it ?

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

No transparency (recretly reduced payments once again), still buggy software, centralization, etc.

No wonder some of their dev team left and started their own cloud storage solution (https://orc.network).

ODINN

full member

Activity: 283

Merit: 100

Quote

We are excited to announce that #Storj has integrated with #FileZilla! Learn about the integration and features at: https://storj.me/StorjFileZilla

fresssh

https://twitter.com/storjproject

Minecache

legendary

Activity: 2184

Merit: 1024

Vave.com - Crypto Casino

Stay away from investing in this one.

Israfel7

newbie

Activity: 38

Merit: 0

keep watching to storj ,i have no money to invest because all invest to MYST

StinkyLover

sr. member

Activity: 454

Merit: 250

This industry is pure fiction

Quote from: bathrobehero on June 19, 2017, 06:16:29 PM

$30m is an outrageous amount for development for a project this size.

Most definitely, but that won't stop the flood of money. I'm in the wrong job.

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

Quote from: Cord on June 19, 2017, 05:37:09 PM

Quote from: bathrobehero on June 19, 2017, 05:32:34 PM

How does 2nd ICO plus won't be on exchanges for a while plus leadership issues plus crappy software equals moon?

It might be pumped by people dumb enough to buy into the second ICO for a short time but I don't see any moon.

They didn't really have "Leadership issues" just changing over CEO.

2nd ICO becuase the last one was 3 years ago, barley raised anything, this one they now have 30m$+ for development.

Software isnt crappy, bridges fixed, better UI then most stuff and working platform.

Low market cap compared to maid and sia (60m), Can easily reach 300m+ in a month or less

Software is full of bugs and with arbitrary rules and duct tape solutions like you can only have as many drives as many CPU cores you have - ignoring CPU speed, bandwidth and disk speeds.

And many aspects are not transparent like how payouts are calculated exactly.

$30m is an outrageous amount for development for a project this size.

Cord

member

Activity: 84

Merit: 10

Quote from: bathrobehero on June 19, 2017, 05:32:34 PM

How does 2nd ICO plus won't be on exchanges for a while plus leadership issues plus crappy software equals moon?

It might be pumped by people dumb enough to buy into the second ICO for a short time but I don't see any moon.

They didn't really have "Leadership issues" just changing over CEO.

2nd ICO becuase the last one was 3 years ago, barley raised anything, this one they now have 30m$+ for development.

Software isnt crappy, bridges fixed, better UI then most stuff and working platform.

Low market cap compared to maid and sia (60m), Can easily reach 300m+ in a month or less

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

How does 2nd ICO plus won't be on exchanges for a while plus leadership issues plus crappy software equals moon?

It might be pumped by people dumb enough to buy into the second ICO for a short time but I don't see any moon.

Cord

member

Activity: 84

Merit: 10

They're distributing the new tokens now (Wont be on any exchanges for a little)
Their current token will be able to be traded 1:1 for Storj when they update it on their site. (Storjcoin X)

I think storj is guna go to the moon, the only thing holding it back were some leadership issues + ico, but now both of those are done I think the moon is next

Topic: Storj - To the moon (Read 1137 times)