id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
blog-dshr-org-2967		DSHR's Blog: Economies of Scale in Peer-to-Peer Networks			.html	text/html	3342	431	74	After all, I've just written a post about the huge economies that Facebook's cold storage technology achieves by operating at data center scale. The actual income received by a participant is the value of the reward the network provides in return for the contribution of resources, for example the Bitcoin, less the costs incurred in contributing the resources, the capital and running costs of the mining hardware, in the Bitcoin case. Even though with technology improvement rates much lower than the Bitcoin network hash rate increase, such as Moore's Law or Kryder's Law, the useful life of hardware is much longer than 6 months, this effect can be significant. When new, more efficient technology is introduced, thus reducing the cost per unit contribution to a P2P network, it does not become instantly available to all participants. In fact, networks would need to reward many characteristics of a peer's storage contribution as well as its size:	./cache/blog-dshr-org-2967.html	./txt/blog-dshr-org-2967.txt