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Chia cryptocurrency - Mining on HDD and SSD

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Reply 100 of 114, by Munx

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Why not invest your life savings into Earth 2? Surely Google maps is the next big thing!

My builds!
The FireStarter 2.0 - The wooden K5
The Underdog - The budget K6
The Voodoo powerhouse - The power-hungry K7
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Reply 101 of 114, by The Serpent Rider

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Good news everyone! https://www.coindesk.com/sichuan-becomes-late … -miner-shutdown

Also Chia is steadily decreasing in profitability.

Why not invest your life savings into Earth 2? Surely Google maps is the next big thing!

Earth is so lame and old. Invest in virtual Mars!

I must be some kind of standard: the anonymous gangbanger of the 21st century.

Reply 103 of 114, by digger

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robertmo wrote on 2021-06-19, 12:04:

it looks mining projects will have to be scattered among cellars of Chinese citizens

The only thing that made it particularly profitable to mine in China was by performing most of the mining concentrated near cheap energy sources, such as coal and hydro plants.

Scattered mining can be done anywhere in the world by individuals, particularly by people who live in sunny regions and can afford solar panels. Compared to centralized coal-powered crypto-mining, I guess that would be much preferable, both for the environment and in terms of decentralization. 🙂

Reply 104 of 114, by The Serpent Rider

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Bitcoin mining farms will probably migrate to regions close to China. Like Kazakhstan, which still has good electrical infrastructure from Soviet Union era and cheap prices. Or perhaps Mongolia.

I must be some kind of standard: the anonymous gangbanger of the 21st century.

Reply 107 of 114, by robertmo

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The Serpent Rider wrote on 2021-06-20, 07:26:

the guy invested lots of money in fast ploting machine and farming machines but has no space for actual farms and complains he is not earning on farming 😉

Reply 108 of 114, by The Serpent Rider

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Aaaand Chia is going down hard, just like any othery crypto atm (dropped to 210 american old men):

https://www.chiaexplorer.com/charts/xchPrice?period=24h

I must be some kind of standard: the anonymous gangbanger of the 21st century.

Reply 109 of 114, by Roman555

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Do you remember the surge of average price for 4TB HDD WD40PURZ in the last year ? Did it be caused by some "proof-of-space" crypto too ?

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