> [1] Looking it up, storing 45TB would end up costing anywhere between $250-$1500 a month pretty easily, which I currently cannot justify.
Or about $5k one-off at pCloud, which is still a big investment. (No affiliation, just a customer.)
Or about $5k one-off at pCloud, which is still a big investment. (No affiliation, just a customer.)
Obviously, collapse is inevitable on a long enough timeline for any company, but this scheme in particular is very vulnerable to a couple slow years in terms of sales.
If you are the only one paying upfront this is impossible as your harddrives might fail early, but if there are 1000 people willing to pay upfront we can easially handle that.
Note that I would not be surprised if this was just a Ponzi. That we know how to do this doesn't mean we are.
They get to depreciate the equipment, deduct electricity and labor, and get bulk rates on equipment.
And show mark to market accounting, cash flow and revenue for investment funding