Well, this is interesting, the floor price of Storj is increasing tenfold to $50/month…
Yikes, that makes it all but useless for my backup needs.
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This is their way to force use of their crappy token down everyone throats. If you jump through hoops to pay with token you have no minimum fee and get extra 10% bonus.
They cannot be more transparent:
If your total usage is less than $50, you are charged $50 for that month.
Accounts paying with STORJ token are exempt from the minimum monthly fee.
This is clearly punitive.
They shall drop that crypto cosplay but they still are hoping for something.
Funny they moved all token related mumbo jumvo to a separate web site. Not to spook actual serious customers with crypto-bro vibes, only to promptly slam them with a $50 brick in the face.
I… strongly dislike that.
Will I myself pay with tokens? No. I’ve dropped storj at the time they introduced the original $5 min fee.
I still believe in the technology but their company direction I cannot agree with.
Backblaze for me in that case. Will be removing my storj footprint. A real shame.
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I would not go to Backblaze. Out of the obvious three wasabi is attractive but prepare to tolerate frequent service outages and broken api. For backup it’s tolerable. Or use Amazon or Google. Definitely not Backblaze.
I’ve been using it as a secondary off-site location for a few months, and it seems stable. What am I missing…?
Basically, this: Data Cleanup Plan - Update - #64 by arrogantrabbit - Announcements - Storj Community Forum (official) (this is my post there, to avoid retyping here)
TLDR: This is an incompetent and reckless with customer data mismanaged company that despite of that did not manage to ever turn profit…
What a pain!
I might just bite the bullet and use the Storj token…
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It’s pretty depressing that we are reduced to choosing the least bad option instead of struggling to pick among genuinely stellar alternatives. But that’s the world we have created.