Market Research on market size and growth

Filecoin total storage hovering around 19 EiB for many months now, seen some days with up to 100 PiB lost and up to 80 PiB added (chart).

Top filecoin miners are contributing about 90 PiB each (table).

Nearly 500 PiB of data stored on filecoin (stats).

Chia at about 20 EiB total storage, down from a peak of about 35 EiB in Oct 2021 (chart).

Still seems like huge numbers in the hdd mining space.

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About double that in just 4 months with 982 PiB stored. Nearly at the exabyte scale for actually stored data (source).

20.6 EiB total storage so still only using a fraction of total network capacity (source).

Some great stats in this list of data being stored on the network: https://datasets.filecoin.io/ which is related to Public Datasets on Safe Network

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From what I can tell public data on Filecoin is pretty heavily subsidised.

It’s free to upload via Estuary for example.

And there is negative pricing for public data via DCH. Trying to figure out how this is all constructed economically… :face_with_raised_eyebrow:

Is it a form of loss-leading? Funded by the Foundation?

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They seem desperate to create demand and try to gain market share through net costs. Funny when filecoin started there were a lot of info on how to mine but not on how to upload or use the network, is it better now?

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It still feels pretty complex TBH

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BitTorrent File System (BTFS) stats (source):

7,46,203 miners
4.78 PiB storage used
910.28 PiB storage available


Some interesting chat from storj in https://news.ycombinator.com/item?id=36173020

you’re absolutely right that charging $7/TB and paying $20/TB to our storage node operators is not sustainable. But it shouldn’t be a surprise that this was an intentional early subsidy to grow the supply side of the network.

To be fully transparent, we are working to reduce that subsidy now that we’re hitting scale.

and https://forum.storj.io/t/announcement-changes-to-storj-node-payouts/22338:

Storj is stuck between a couple of facts, namely: (a) we pay SNOs more for egress than we charge, (b) The sustainability of the company requires us to make changes in these payouts so that we can continue to fund the development of the network, and, (c) we have hard-earned evidence that the market does not currently support raising prices.

Fundamentally, as we have said a number of times, SNO payments right now are being subsidized by us to grow the network, and we are currently in a position where the network is larger than it needs to be for the demand we have, and it is continuing to grow faster than we need.

As the network stabilizes and our customer growth increases we will slowly remove any synthetic load until the network is operating completely without subsidy from Storj.

Our objective is to get to the point where every TB of data that we sell earns us money instead of losing us money like it does now.

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Is that 700K or 7 million?

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How long runway? :rofl:

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Ah, typo, 7M: 7,046,203

Chia at about 28 EiB mining capacity, up from a low of 20 EiB in Jan 2023
https://xchscan.com/charts/netspace

Filecoin at about 24 EiB (https://filfox.info/en) with about 1.5 EiB stored data (https://storage.filecoin.io/)

A couple of weeks ago Locutus renamed to Freenet
https://github.com/freenet/locutus/commit/c6d5ca1ec0b2611625b53261fc8b10eef6fa0ed4

The old java implementation was renamed to Hyphanet in June
https://github.com/hyphanet/website/commit/5487adf1fc44a9773732681a731ad8b08c3aea17

It doesn’t look like there’s a way to run the new freenet yet but when it’s live it’ll be really interesting to see the growth rate of that network.

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I think possibly chia is skewed depending on how that chart data is sourced.
Chia netspace was always a guess based on proofs found.
Now they have compression on the data allowing more proofs per TB and some work done on the fly ( cpu / gpu ) so not stored.
I believe that is not accounted for / TIC in the chart.


Privacy. Security. Freedom

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@mav showed both raw capacity and actual stored data

That stats doesn’t show actual stored, has it been removed?

And in Sept it had raw of 24EiB, that is a sizeable drop in capacity

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This is posted on their official twitter, I haven’t checked where the difference comes from and how they measure things…


Privacy. Security. Freedom

Still never heard anyone using Storj or filecoin, getting a feeling of empty air.

According to filfox there’s nearly 25 EiB farming filecoin:
https://filfox.info/en

and 1.8 EiB data stored:
https://storage.filecoin.io/

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Seems to be at odds with the “official” stats page.

Wonder which is correct or if both are estimates only

And it seems for the Safe network it will only ever be an estimate of the overall size (capacity&actual)

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The idea of ​​Filecoin/Storj is not to be used directly by the end user, but by apps/projects that use it in their infrastructure similar to cloud services from centralized providers like Amazon.


Privacy. Security. Freedom

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Chia nearly back to the largest network size ever, currently around 33.4 EiB farming - Chia (XCH) Netspace Chart : History, Evolution, Growth | XCHscan

This farming calculator shows a 100 TiB farmer earns $24 USD / month.
https://xchscan.com/chia-farming-calculator

The largest pool is spacepool which has 5.48 EiB spread over 17,580 farmers for an average operator size of 327 TiB
https://xchscan.com/chia-pools

Even after all this time to get used to the scale these numbers still boggle my mind

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Interesting, that is bellow economic viability I think. Unless people are cheating somehow or they are purely speculating on coin price rise in future.

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