ScPrime Cloud Storage
  • About
    • Team
    • Project Specification
  • Resources
    • Software
    • KPIs
    • Incentives
    • What are SPF?
    • Storage Network Status
    • Coin Info
    • Whitepaper
    • Explorer
    • Consensus Mining (ASIC)
    • Logo and Style Guide
    • Source Code – (Open Only)
  • Documentation
    • Xa-Miner Documentation
    • DIY Provider Documentation
  • ScPrime Articles
    • New Console, Cleanup Hard Fork and New Daemon Version 1.8.3
    • Two Papa Bravo Event
    • Updating Software for the 222800 Hard Fork
    • Hard Fork Process and Information
    • ScPrime Mining Algorithm Change Proposal
    • What are SPF?
    • SPF-B New Token Format Details
    • The Distributed Storage Competition – Part 2
    • The Distributed Storage Competition – Part 1
  • Xa-Miner
    • Xa-Miner 64TB
    • Xa-Miner 16TB
  • Menu Menu

DIY Getting Started

  • Storage Provider Overview
  • Provider Requirements/Configs
  • Port Forwarding Guide
  • Collateral
  • Licensing FAQ

Storage Provider Setup

  • Windows Command-Line Interface Guide (CLI)
  • Linux Setup
  • Synology/Docker Setup
  • Windows Supervisor-Lite Installation Guide
  • Linux Supervisor-Lite Installation Guide
  • Post-Announce Guide
  • Provider Settings
  • Windows Update Guide
  • Linux Update Guide – Basic
  • Linux Update Guide – Advanced
  • Linux Full License Software Installation Guide
  • Linux Full License Software Fresh Installation Guide
  • Uptime Robot Guide for ScPrime Storage Providers

Software/Wallets

  • Windows WebWallet Guide
  • Linux WebWallet Guide
  • Mac WebWallet Guide
  • Cold Wallet Generator Setup
  • Command-Line Interface (CLI)/Wallet Setup – Windows
  • Command-Line Interface (CLI)/Wallet Setup – Linux
  • Wallet Sweep

Tutorials

  • Linux Folder Provisioning Guide
  • Linux Metadata Guide
  • Linux Multiple Provider Guide
  • Windows to Linux Migration Guide
  • Windows UI to CLI Migration Guide

Information

  • Block 109,000 Fork Technical Issues
  • Grafana Provider Status Messages
  • Storage Provider Earnings
  • ScPrime Community FAQ
  • SCP Supply
  • SCP Supply Precision Change
  • May 15th Fork FAQ

Provider Settings

Storage providers will have to choose some settings during their initial config (and beyond). It may not always be clear which values to pick, or what they even represent. This page has you covered.

These guidelines will be updated regularly to reflect changes as the network grows and evolves. The recommended settings will put you on the best path to qualify for bonus Incentive payments, which can help boost your provider’s income.

Be sure to return to this page every so often to ensure your provider is performing its best.

Current Recommended Pricing

To qualify for incentives, the current guidelines are:

  • Minimum storage offered — 500 GB
  • Storage pricing — The current pricing goal is $4.00 USD per TB/mo. A storage provider should use an SCP value close to that, based on current SCP market price. Use this pricing overview page to determine what SCP value you should use. Example: If the current price of SCP is $0.25 USD, then the max your storage price should be is 16 SCP.
  • Collateral — at least 1x storage price (meaning equal to the storage price you choose or higher)

Beyond the above incentive guidelines, the following basic settings are considered reasonable ranges, but are up to your discretion:

  • Max Duration — 8 to 16 weeks
  • Download/Upload Price — 1 SCP/TB

Advanced Settings & CLI

The following options exist for every kind of provider, but are set/changed through CLI or UI terminal window. You can always review your settings with the following command:

spc host -v

Or see all the settings options with:

spc host config -h

  • maxcollateral – This setting is the maximum amount of SCP that can be locked into a single contract. It is recommended to fully collateralize your provider based on the total storage available and today’s storage pricing. This can be calculated using the following formula – Storage price x Total storage in TB x 2. For example if the storage price is set to 15SCP and you have 20TB total storage then you would set maxcollateral to 600SCP. Note if you have less than 600SCP in your wallet then it will be set to that value so it’s important to have at least enough SCP in your provider wallet to cover the maxcollateral value. Setting this too low can result in contract renewals failing and data previously stored being removed from the provider.
    • spc host config maxcollateral 600SCP
  • collateralbudget — The total amount of SCP from your wallet that can be locked up in contracts at any time. It is recommend to set this to a large number, say 1KS (1000 SCP). Choosing a number larger than your balance will in effect be capped to your balance instead.
    • spc host config collateralbudget 1KS
  • minstorageprice — This is the formal term for the Storage Price covered in the first section. This represents the price of rent per TB per month. The recommended setting can be found above. Below is only an example!
    • spc host config minstorageprice 10SCP
  • collateral — This is the formal term for the Collateral Price covered in the first section. This setting represents the price of collateral per TB per month. The recommended setting can be found higher on the page.
    • spc host config collateral 15SCP
  • mindownloadbandwidthprice and minuploadbandwidthprice — Formal terms for the price of bandwidth, also from the first section. They don’t need to match each other. If your internet plan is slower or has data caps, you may consider having a higher bandwidth price.
    • spc host config mindownloadbandwidthprice 1SCP
What are your Feelings
Share This Article :
  • Facebook
  • Twitter
  • LinkedIn
  • Pinterest
Table of Contents
  • Provider Settings
    • Current Recommended Pricing
    • Advanced Settings & CLI

Developer

About
Logos
Contact

Resource

Software
Explorer
Docs/Guides
Whitepaper
Open Source

Legal

Privacy Policy
Licensed Provider Terms of Service

© Copyright - SCP, Corp. - Privacy Policy
Scroll to top

This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies.

OKLearn more

Cookie and Privacy Settings



How we use cookies

We may request cookies to be set on your device. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website.

Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.

Essential Website Cookies

These cookies are strictly necessary to provide you with services available through our website and to use some of its features.

Because these cookies are strictly necessary to deliver the website, refusing them will have impact how our site functions. You always can block or delete cookies by changing your browser settings and force blocking all cookies on this website. But this will always prompt you to accept/refuse cookies when revisiting our site.

We fully respect if you want to refuse cookies but to avoid asking you again and again kindly allow us to store a cookie for that. You are free to opt out any time or opt in for other cookies to get a better experience. If you refuse cookies we will remove all set cookies in our domain.

We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings.

Google Analytics Cookies

These cookies collect information that is used either in aggregate form to help us understand how our website is being used or how effective our marketing campaigns are, or to help us customize our website and application for you in order to enhance your experience.

If you do not want that we track your visit to our site you can disable tracking in your browser here:

Other external services

We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.

Google Webfont Settings:

Google Map Settings:

Google reCaptcha Settings:

Vimeo and Youtube video embeds:

Other cookies

The following cookies are also needed - You can choose if you want to allow them:

Privacy Policy

You can read about our cookies and privacy settings in detail on our Privacy Policy Page.

Privacy
Accept settingsHide notification only