the August 2023 Beehaw financial update
the August 2023 Beehaw financial update
obligatory preface: we're 100%-user funded and everything you donate to us specifically goes to the website, or any outside labor we pay to do something for us.
overall expenses this month: $523.79
as expected, a full month of running on last month's setup has come in pretty high. luckily, we expect downsizing to begin this month (and we have a pretty good idea of what we're going to do) so this will be our last month of costs at this scale. our initial estimation is that we can halve or better what we're paying now on a monthly basis.
$428.73 for Digital Ocean hosting, which can be further subdivided into
- $336.00 for hosting the site itself
- $67.20 for backups
- $25.53 for site snapshots
$28.87 for Hive, an internal chat platform we've set up (also being hosted on Digital Ocean)
- $24.07 for hosting Hive
- $4.80 for backups
~$39.16 for email functionality, which can be further subdivided into
- $35/mo for Mailgun (handles outbound emails, so approval/denial/notifications emails; also lets us not get marked as spam)
- ~$4.16/mo ($50/yr, already paid in full) for Fastmail (handles all inbound emails)
$22.87 for BackBlaze (redundant backup system that's standalone from Digital Ocean)
overall contributions this month: $1,310.90
support still more than covers our expenses, and particularly with our upcoming downsizing we don't believe this will be a problem. breakdown is:
- 100 monthly contributions, totaling $624.95
- 2 yearly contributions, totaling $67.10
- 36 one-time donations, totaling $618.85
between monthly and yearly contributions we are still sustainable overall—but now that the Reddit bump has ebbed most of our savings will come in the form of lowering costs and not "sheer amount of money being thrown our way."
total end of month balance: $4,347.79
expense runway, assuming no further donations
- assuming expenses like ours this month: we have about 8 months and one week of runway
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Hey there - I work in film production and have a fair bit of HDD space just laying around. How much do you need to be useful for backups? Happy to contribute some hardware to the cause if it’s at all remotely useful and host a local backup as one more offsite redundancy for you. That being said, I don’t really know what your data storage demands are.
Current requirements are about 50GB a day, and keeping 7 days prior, and one a week (about 300GB a month) for backups alone, not keeping more than a month. Also using backblaze B2 as a standard for that storage now.
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Apologies, I may have not been entirely clear with my wording:
currently keeping 7 days of daily backups ~ 50 GB a day Keeping 1 backup of a week per 4 weeks ~ 50 GB each Keeping 1 full backup of the week a month ~ 50 GB each
Gives us a current storage requirement of (7 * 50) + (50 * 4) + ( 50) = ~ 600GB for a month of backups.
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