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Joined 11 months ago
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Cake day: October 25th, 2023

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  • reddit-toq@alien.topBtoStorjIs it worth starting?
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    10 months ago

    Do NOT buy hardware to ‘mine’ STORJ. The ROI will be measured in years.

    I’ve run a 6TB node for the last 4 years or so, I earn Less than $10 a month currently. If you plan on spending $200 for 4TB it will take 20+ months to earn back the hardware cost and even more for the electricity. And that doesn’t count the initial year that it will take to fill up that 4TB.

    STORJ only make sense if you have the hardware already and it is up and functioning for other reasons.

    If you are speculating on STORJ and expect the value to go up, don’t. The current spike in value will not be sustained, this happens every year or so and the spikes are very short lived and will bounce back down to previous levels.