Storj Monthly Overview
My article Storj Node – Rent Out Your Disk Space and Earn Money describes in detail how Storj can provide decentralized cloud storage at low cost with high security. Out of interest and fascination with the technology, and the hope that it will add something to my passive income, I also run a Storj node and thus provide my available disk space. In return, I receive money from the storage provider in the form of STORJ tokens.
Since I would have liked to have such a page myself before starting the node to see a possible development of income and disk space, I decided to publish the progress of my node. Always at the beginning of a month I summarize this progress. So you will find on this page the following key figures.
- Earnings paid out by Storj
- Withheld earnings
- Used disk space
Since Storj wants to prevent a node operator from suddenly taking its hard drive off the network, the algorithm always withholds a portion of the revenue. After a certain runtime of the node, the decentralized cloud storage pays out the withheld amount.
The earnings are on a small scale still. Nevertheless, I find it enormously exciting how it develops over the months. The node has only been running since the end of April 2021 and unfortunately I had not taken any screenshots for May, June, July and August. For this reason, the listing starts with September 2021.
|Month||Earnings ($)||Total earnings ($)||Withheld earnings ($)||Space used|
|August 2023||12.29||355.01||6||8.97 TB|
|July 2023||11.14||343.71||6||9 TB|
|June 2023||14.51||328.24||6||8.44 TB|
|May 2023||16.70||311.83||6||8.02 TB|
|April 2023||18.74||293.01||6||8.15 TB|
|March 2023||25.58||267.39||6||7.92 TB|
|February 2023||23.15||244.25||6||6.59 TB|
|January 2023||23.19||220.94||6||6.33 TB|
|December 2022||22.91||198.34||6||6.23 TB|
|November 2022||21.25||177.42||6||6.13 TB|
|October 2022||23.82||153.81||6||5.65 TB|
|September 2022||22.4||131.56||6||4.99 TB|
|August 2022||15.84||115.12||6||4.45 TB|
|July 2022||17.52||97.48||11.99||3.9 TB|
|June 2022||14.86||76.52||11.99||3.61 TB|
|May 2022||12.09||64.35||11.99||3.08 TB|
|April 2022||12.14||52.12||11.99||2.55 TB|
|March 2022||12.31||39.72||11.99||2.17 TB|
|February 2022||9.58||30.11||11.99||1.8 TB|
|January 2022||9.42||20.61||11.99||1.54 TB|
|December 2021||7.28||15.10||10.16||1.36 TB|
|November 2021||6.03||10.54||8.64||1.14 TB|
|October 2021||5.64||6.3||7.22||0.93 TB|
|September 2021||4.51||4.04||4.96||0.79 TB|
- Earnings ($): Earnings of the current month
- Total earnings ($): All earnings up to this month and excl. earnings of the current month.
- Withheld earnings ($): All the income that Storj has withheld so far. The algorithm calculates how much of the income is withheld at the beginning of the following month. For this reason, the current month is not taken into account here either.
- Space used: Total disk space used by Storj.
Due to still too few node operators shutting down their nodes following the payout changes, Storj has once again implemented a reduction in payouts.
The adjustments can be seen in the course of the forum post: Announcement: Changes to Storj Node Payouts (forum.storj.io)
Storj has communicated in their forum that they will be reducing payouts. This is due to the high number of node operators. Through this action, they hope that there will be various operators who will exit. In any case, this explains the reduction in earnings over this and the upcoming months.
Announcement: Changes to Storj Node Payouts (forum.storj.io)
Since the display in version v1.69.2 had an error and the Current Month Earnings of $14.04 for the month of December were not correct, here is the Payout Information which showed the earnings correctly.
Since the display in version v1.69.2 had an error and the Current Month Earnings of $13.32 for the month of November were not correct, here is the Payout Information which showed the earnings correctly.