convert prices to siacoin
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@@ -13,26 +13,26 @@ requirements on storage and bandwidth pricing for Sia hosts.
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We will only make contracts with hosts that fullfill all these requirements.
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Keep in mind that these are maximums, you are allowed to go lower.
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| Requirement | Max rate |
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|--------------------------|------------------|
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| Storage price per month | €1.50 / TB |
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| Download price | €1.00 / TB |
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| Upload price | €0.50 / TB |
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| Contract formation price | €0.01 |
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| RPC price | €0.000 000 000 1 |
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| Sector access price | €0.000 000 000 1 |
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| Collateral per month | €3.00 / TB |
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{{$price := .PixelAPI.GetSiaPrice}}
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| Requirement | Max rate EUR | Max rate SC |
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|--------------------------|--------------|-------------|
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| Storage price per month | € 1.50 / TB | {{ div 1.50 $price | formatSC }} / TB |
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| Download price | € 1.00 / TB | {{ div 1 $price | formatSC }} / TB |
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| Upload price | € 0.50 / TB | {{ div 0.50 $price | formatSC }} / TB |
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| Collateral per month | € 5.00 / TB | {{ div 5 $price | formatSC }} / TB |
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| Contract formation price | € 0.01 | {{ div 0.01 $price | formatSC }} |
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<sup>
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Based on exchange rates from Kraken.
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[Explanation of units](https://siawiki.tech/wallet/siacoin).
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</sup>
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This may seem low, but keep in mind that these prices are before redundancy. We
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have to upload all our data three times to the Sia network in order to reach
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high availability. If you multiply everything by three it becomes much more
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reasonable.
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The RPC price and sector access price are paid every time a single chunk of data
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is read from the host. These costs ramp up quickly when frequently downloading
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files. Sia only includes these settings as a way to mitigate denial of service
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attacks. There is normally no need to increase these settings.
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We also can't guarantee that your host will be picked when it fulfills these
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requirements. If there is enough supply we will only pick the most reliable
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hosts available.
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