

On top of that, a user may rent out their extra hard drive space and make a substantial profit with Storj. Add $0.49 for cost of retrieving the data, and we’re looking at $1.96 for the same amount of storage as Dropbox’s $99 offer. With Storj, one would be able to rent out a VPS (Virtual Private Server) from a service such as Digital Ocean and run a 100GB MetaDisk webnode for only $1.47, which includes redundancy backup copies. Even if a user does not employ the full 100GB, he or she still has to pay the price.

Currently, one can rent out 100GB of storage space from Dropbox for $99 a year. Storj claims that buying and selling hard drive space in an autonomous network would reduce the cost of cloud computing by orders of magnitude, 10-100x cheaper. Cost Storj has come out with an infographic on the comparative costs of storing data between a decentralized system like Storj and a traditional centralized system like Dropbox.
