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Discussion on: Why is chia-blockchain trending on Github?

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Bernd Wechner • Edited on

I'm curious how PoS is any different to PoW in the arena of essentially converting current currency wealth into the new coin. In this case, buy SSDs to earn PoS coins? I'm not entirely sure I see the point or improvement on current PoW concerns (rampant wasted energy consumption to generate coin and it landing in the hands of those who buy the most GPU power 🤔

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Victor Quan Lam Author • Edited on

I reckon we can definitely reuse old HHDs instead of spending thousands on new graphic cards? The whole point of PoSpace is that they don't need to use powerful GPUs and processors. I reckon miners can utilize their systems to mine crypto using both PoS and PoW at the same time. A few miners said they can't recognize any hash rate drop when mining Chia and Eth at the same time.
It may helps to drive the GPUs' price a bit lower since people are buying up all the SSDs. (theguardian.com/technology/2021/ma...)

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Bernd Wechner

Old HDDs are barely reliable... alas.

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Victor Quan Lam Author

Yeah I agree. But you can run some health diagnostics to reduce the risk.

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Bernd Wechner • Edited on

True. I generally do. I keep some old ones on hand as emergency fallback. Alas, had two fail on me in last half year. Not enjoying the experience even with healthy SMART reports when I first put them in. And they are generally not in use for a reason. If I've kept them the reason was not health but almost certainly just size. As in I replaced that one with a much larger one some time in the past and kept it aside just in case.