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Both enterprises and consumer drives have over-provisioned storage, yes. Enterprises obviously have a lot more and it will take a while for them to trust that C

by Glench 5y ago

Both enterprises and consumer drives have over-provisioned storage, yes. Enterprises obviously have a lot more and it will take a while for them to trust that Chia is a good way of using their unused storage until a more valuable use of their storage space comes along (like an Amazon customer requesting S3 space or something). It also seems likely that flash storage will become cheaper than HDDs in the next ten years, which will start increasing SSD space on drives due to increased competition. Analysis here: https://wikibon.com/qlc-flash-hamrs-hdd/ https://wikibon.com/qlc-flash-hamrs-hdd/

marcan_42 5y ago
The idea that enterprises have tons of "over-provisioned" storage is hilariously cute. Do the Chia guys really think engineers at FAANGs haven't found ways of using that storage for something useful? :-) Storage workloads aren't uniform. Some need to have localized, reliable, consistently performing persistent storage with room to absorb sudden demand spikes (like customer data on cloud clusters). Others can be stored anywhere and moved with ease, with few requirements on latency, redundancy on a global scale, and read-mostly workloads, which means immediate loss of a single local copy is harmless (like YouTube videos). FAANGs have long since figured this out and how to optimize their storage utilization. There is zero chance one of them is going to up and decide that Chia is a better use of their "spare" (not really) storage capacity if they have anything resembling competent engineering teams. I know Google does. Source: Xoogler.
- rbanffy 5y ago
  Not all enterprises are FAANGs and the immense majority operates at a tiny fraction of that scale. While I don’t think too many businesses will buy this idea of using spare storage for “cryptofarming”, unused resources are pretty common. The price of a cryptocurrency will tend to roughly follow the cost of generating it. In storage, it’s safe to assume the cost will only go down for the same amount of space. And disk space has been growing faster than transistor density for some time now.
  - marcan_42 5y ago
    Unused resources are common, but this kind of thing is only valuable at the scale at which you already have engineering teams doing useful stuff with the storage. Smaller enterprises are not going to be deploying "cryptofarming", there is no way it would be approved in the vast majority of orgs. So in the end this is going to be just like every other cryptocurrency: people largely deploying exclusive mining (sorry, "farming") capacity and consuming resources doing so.

by Glench 5y ago

marcan_42 5y ago

The idea that enterprises have tons of "over-provisioned" storage is hilariously cute. Do the Chia guys really think engineers at FAANGs haven't found ways of using that storage for something useful? :-) Storage workloads aren't uniform. Some need to have localized, reliable, consistently performing persistent storage with room to absorb sudden demand spikes (like customer data on cloud clusters). Others can be stored anywhere and moved with ease, with few requirements on latency, redundancy on a global scale, and read-mostly workloads, which means immediate loss of a single local copy is harmless (like YouTube videos). FAANGs have long since figured this out and how to optimize their storage utilization. There is zero chance one of them is going to up and decide that Chia is a better use of their "spare" (not really) storage capacity if they have anything resembling competent engineering teams. I know Google does. Source: Xoogler.

rbanffy 5y ago
Not all enterprises are FAANGs and the immense majority operates at a tiny fraction of that scale. While I don’t think too many businesses will buy this idea of using spare storage for “cryptofarming”, unused resources are pretty common. The price of a cryptocurrency will tend to roughly follow the cost of generating it. In storage, it’s safe to assume the cost will only go down for the same amount of space. And disk space has been growing faster than transistor density for some time now.
- marcan_42 5y ago
  Unused resources are common, but this kind of thing is only valuable at the scale at which you already have engineering teams doing useful stuff with the storage. Smaller enterprises are not going to be deploying "cryptofarming", there is no way it would be approved in the vast majority of orgs. So in the end this is going to be just like every other cryptocurrency: people largely deploying exclusive mining (sorry, "farming") capacity and consuming resources doing so.