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Ask HN: Passive income with 1 Gb/s and 10 TB storage?

34 points by crlssn ↗ HN
I recently upgraded my internet connection to symmetrical fiber and I wonder if it's possible to somehow earn a passive income with it. I have an unused raspberry pi and 10 TB of storage at my disposal.

I've looked at Sia (https://sia.tech) but the rewards are only ~1$ per TB/month. Are there any other options out there?

26 comments

[ 3.1 ms ] story [ 65.5 ms ] thread
donkarma
nothing good can come from selling your internet connection, if you do that say goodbye to having a non-blacklisted IP. if you make a plex server with the storage and connection you can save yourself streaming fees if you pay that already?
tluyben2
It would be a race to the bottom for that, I mean, I would pay for cheap backup but I currently pay 40$/mo for 25TB so even that is not really something either.
KiranRao0
Wait, where are you getting 25TB for $40/m
MiguelHudnandez
25 TB is about $130/mo on backblaze b2.

(Not $13/mo as I originally posted)

Edit: GIGO math error. Their website said $0.005/gb, not $0.0005 as I based my calculation on.

tluyben2
Thanks! I used b2 before but it didn’t work well (or at all actually; it kept failing). This was years ago; I assume they improved so I will try again!

Edit; I knew I checked before; the pricing on b2 seems much higher? Am I missing something?

I am paying now including the restore bandwidth. But 25TB seems 125$/mo and then you pay for downloading it?

MiguelHudnandez
I was wrong on the math, but I think b2 is great for online backups. Great to have "just in case" but not necessarily trusted to production just yet. I still have a lot of fondness for the team and products based on their open source designs for the storage pods.
efff
From the B2 calculator, it's like 1500/year, how can you achieve such price?
cenourinhapt
Are you sure? I get 1500$/year and that doesnt include bandwidth.
xsc
Do you have a source for this? B2 calculator shows $125/month for me
ctnb
25TB would be ~$25/m with Glacier Deep Archive
tluyben2
Yes, but you incur traffic costs as well when you send to/from AWS right? I don't have that issue. Nor do I want it; I like AWS for what it does, but I want to be able to get away when I need to.
nextaccountic
Isn't a race to the bottom a good thing? I want cheap backups.
cpach
TBH, storage and connectivity is quite cheap these days. So I’m not sure you have enough edge just by that, in order to earn an income.

I would recommend buying index funds every month. $20 is more than $0 dollars. (If you can spare more than that, even better.) It will give you a passive income over time.

_hhff
If you’re in a low coverage area for the Helium network, I’ve heard you can make decent money setting up a miner: https://www.helium.com/
franga2000
idk, ever since they killed custom hardware, Helium smells more and more like a pyramid scheme. The hardware needed is worth around 50$ but you don't actually get paid unless you buy hardware from an approved list of sellers where it costs upwards of 500$.
zakki
Reading from “SaaS generating usd 500/month” thread, I believe you can create SaaS and host it in your home.
killingtime74
Almost everyone has 1 gig symmetric here in NZ. You can get up to 8. I’m not sure you’ll break even on electricity
zaphod12
You can get 8gbs?!?! What can you do with that? I have 1 gbs and the bottleneck isn't that bandwidth for pretty much anything.
Mandatum
You can get that locally. Not many places serve those speeds.
killingtime74
It’s true, ISP international speed is not that high. However you can connect to a local VPN or locally hosted proxy to get full 8gb/s international
atmosx
New Zealand, here I come!!!
mustardo
StoreJ (formerly Tardigrade) https://www.storj.io/how-it-works

From https://www.storj.io/node

Average Payout Per Month...

Egress Bandwidth $20/TB

Repair Egress Bandwidth $10/TB

Disk Space $1.50/TB

Audit Bandwidth $10/TB

I have never tried to use it and have no affiliation

ohashi
I have run Storj nodes, they can be profitable, but it takes a long time to actually fill that space up. I do like the project though.