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transparency/finance/2024/7 - July.md

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Finances for July 2024:

One time donations:

+ 1.5 € (On the 5th of July)
+ 3000 INR (On the 6th of July)
+ 2000 INR (On the 6th of July) 
+ 1600 INR (On the 20th of July)
+ 200 INR (On the 20th of July)

Recurring donations:

Expenses

- 6000 INR (On the 21st of july)
- 200 INR (Payback from the -200 INR in IN Node expenses)
- 45.20€ (On the 28th of July)

Current balance:

  • 0.51547153 XMR (~ 61,63 € At the time of writing this.)
  • 0.44708735 LTC (~ 41,05 € At the time of writing this.)
  • 600 INR (~ 6,584 €)
  • 123 € (in FIAT) (Majority of costs uses this.)
  • Total (in €) : 184.14 €

Estimated amount of funds.

Avoro (FIAT)

  • 123 € / (16.50 / 3) € = 22.3 Months left (~1.8 years.)

Racknerd (FIAT)

  • 123 € / 44.54 € = ~ 2.761 years left.

IN Node (FIAT (INR/€))

  • Managed by Arya
  • 0 INR (0 €) as of 10/06/2024

Domain (FIAT)

  • psf.lt (Gandi)

  • 24 EUR as of 01/03/2024

  • Paid. 11 months left.

  • projectsegfau.lt (Netim)

  • 19.20 EUR as of 01/03/2024

  • Paid. 9 months left.

Rsync.net (FIAT)

  • 123 € / 33.38 € = ~ 3.6 years left.

Previous Expenses

Hebergnity (FIAT)

  • Decomissioned - It's been a while we've been waiting for them to add Docker but they seem to be uninterested in actually doing so.

OVH VPS (FIAT)

  • Killed - Moved to a different server at no charge.

DigitalOcean (FIAT)

  • Killed - moved to Racknerd

BuyVM (Crypto)

  • Decomissioned - Moved to Nonic

Soleil (FIAT)

Nonic (FIAT)

  • Decomissioned - Moved to Avoro due to a non-disputable DMCA complaint.

How we used the funds

  • We bought a new fan and hard drive for IN Node to have more storage to offer in our services, this should reduce the crashes and failures we have been getting for a few months now. More stability, thank you to everyone who donated!
  • We paid racknerd for another year for US Node.
  • Note that the rate that the transparency report updates will go on will be reduced as there is less donations than usual. And also due to the reduced activity agreement announced in the blog post
  • This also means a reduced activity on donations due to midou being busy with other stuff. But at the end of the month the finances should be updated at least.