Week Hosting 10TB - return????

3smat

Hi All,
I've been hosting on 10TB storage unit for nearly 2 weeks now and I've only received 75 siacoin with 150 contracts - is this the usually amount received?

If I increase the price - I'll end up having no contracts!

according to my calculation hosting is not worth it.

I'v included screenshot

maol

Don't see a screenshot, take mine, from accumulating 770 contracts over a period of 6 weeks:

$ siac host
Host info:
        Connectability Status: Host appears to be working.

        Storage:      12.0216 TB (74.919 GB used)
        Price:        502 SC / TB / Month
        Max Duration: 24 Weeks

        Accepting Contracts:  Yes
        Anticipated Revenue:  1.495 KS
        Locked Collateral:    92.42 KS
        Revenue:              10.01 SC

Is that worth it? Only if you love experimenting, and potentially want to be ready when Sia hits primetime.

3smat

@maol
Thanks Mao!
I'll continue to host regardless, I'm a believer in Siacoin. I'm just concerned if I've got the settings all correct. I'm new to siacoin

I included a link to the image not appearing

[URL=http://s663.photobucket.com/user/esmat01/media/Capture.png.html][IMG]http://i663.photobucket.com/albums/uu356/esmat01/Capture.png[/IMG][/URL]

moorsc0de

@3smat Hosting is not a get rich quick scheme. Its based on contracts and also USE of the contract. All users do not pour data into a new system... so over time the contracts gain value. 2 weeks is not enough time to guage anything based upon a 13 week minimum contract.
Perhaps your pricing is off.. because I have 1/2 the number of contracts and roughly same expected revenue as you and been up for about 1/2 the time as you. But feel free to drop out- just means more contracts for me :)

3smat

@moorsc0de haha
Thanks! I'm sticking to sia - my only concern was if I'm hosting it correctly.

moorsc0de

@3smat Well your hosting- your providing space- your getting contracts and getting a return.. I say your doing something right. Will you be a pro in 2 weeks... no.. none of us will.. esp with the early deploy of things and limitations..but given the early rollout of all this to be within 1st 200-500 hosts.. you have a leg up. But feel free to shut down.. I wont be mad lol

Wegg

I think what is frustrating me is that I would use your storage space but on the client side, I can't get my files to upload. :-(

moorsc0de

The other catch 22 I am hearing is those who have been doing well (acquiring contracts) is that they are running out of collateral. Im not sure whats a better problem.. too many contracts and not enough collateral - or not enough contracts and having collateral. But be sure u have enough (whatever that is)... it can be very expensive to host large space of data and to be responsible enough to keep it online.

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