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The chia angle is quite fascinating tho, it is a machine that sucks the lifespan out of memory chips and cashes out with crypto-tokens. It is an invention that
by jazzyjackson 5y ago
The chia angle is quite fascinating tho, it is a machine that sucks the lifespan out of memory chips and cashes out with crypto-tokens. It is an invention that gives economic incentive to burn as many memory-cycles as you can before reselling the SSD, such that the recipient of the "new" SSD is ripped off.
It's kind of like how the electricity to create a bitcoin costs more than the market value of the mining reward, the only way to be profitable is to steal electricity. In chia's case, the best way to profit is to steal memory write-cycles.
- londons_explore 5y agoCompared to database-in-datacenter type uses, chia actually puts very little load on ssd's. All writes are fully streaming, there is no write amplification, and there are lots of random reads involved (which don't really cause much wear/stress).
- jazzyjackson 5y agoThere is still a finite capacity, say 1,000 Terabytes written to a 1TB drive. You can do it as gently as you want, it is still incentivizing the writing and overwriting of exabytes of noise.
- wmf 5y agoThe differences is that databases in datacenters tend to run on write-optimized datacenter-grade SSDs while many Chia farmers buy consumer-grade SSDs, run them until they die, then maybe try to resell them.