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SC · 205w

Why is Sia expensive when advertised as cheap?

**TL;DR result:** * For storage capacities below several terabytes, the flat fee of Sia per contract (as in pay SC for "nothing") has a major impact on the renting price per month. Basically, ~200 SC or currently ~$1 are lost per month ([Taek42](https://www.reddit.com/r/siacoin/comments/75p1rt/why_is_sia_expensive_when_advertised_as_cheap/do8cl4b/)). * Even the presumably official wiki has false information as to how Sia uses these fees and how storage prices are calculated. --------------------------------------- I don't understand how the price of ~$0.5/TB is calculated and why I have to pay much more. I have set an allowance of 160 SC which equals approximately 160 SC * 0.00000093 BTC/SC * 4825 USD/BTC = **0.71 USD**. Now, my wallet and the renter info shows me that for some reason beyond my comprehension a total of **Total Allocated: 215.4 SC** have been charged - almost $1.00. This would equate to ~2TB/month or ~23TB/year for $12.0. Not too bad right? Duplicati since uploaded and downloaded many files, and I ended up deleting them all because after 2 or 3 files Sia would start to hang and not continue uploading until manually restarted. I left the smaller Backup jobs and realized that after uploading a bunch of files the redundancy is not boosted, and is stuck between 1.0 and 1.4 for all files. Looking at the renter info it says: Storage Spending: 22.91 SC Upload Spending: 943.9 mS Download Spending: 1.107 SC Unspent Funds: 190.5 SC Total Allocated: 215.4 SC which does not look like the funds have been used up. Looking at the contracts though: Host Remaining Funds Spent Funds Spent Fees Data grovesy.ddns.net:9982 948.3 mS 80.17 mS 3.309 SC 109.05 MB 73.193.37.231:9982 859.5 mS 67.53 mS 1.234 SC 192.94 MB 66.49.218.44:9982 788.4 mS 39.57 mS 3.404 SC 109.05 ...
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