Storj farming : Installing a node and reward info

Storj is a Decentralized Cloud Storage platform which may in the future be an important actor , competing with Dropbox and Google Drive

Blockchain-based, end-to-end encrypted, distributed object storage, where only you have access to your data.

if you want to use it a a client , they are offering now a 25GB year promotion for free

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In this post we are going to see basic info on how it works

First , you have to install storjshare-daemon project from the github source

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Now we will create our storage:

a SJCX address for payments is required

In this sample I have also set the path where we will store as well as the size we want it to have

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We can check how is our storage status, in this case I have been running a node for 5 days , 1.5 Gb are being used out of 40GB

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Storj is in a very early stage , and it is not easy to know how much will you get from renting your node , payments are done 10 days after the end of the month ,and the amount depends on many parameters , some of them are in the following formula

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Here are the payments done for last February , you can use it to estimate your earnings

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Well I hope this post have helped you to get a first taste of this project

Any questions please feel free to comment

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