OMFG - Cryptocurrency mining on HDD & SSD may create ANOTHER shortage!!!

[Cannon Fodder]

GEEZ, it's bad enough you can't buy a DAMN GPU, but now THIS!?!?!?

https://www.tomshardware.com/news/hard-drive-ssd-shortages-imminent-if-new-cryptocurrency-blooms

 

[Marzipan]

GEEZ, it's bad enough you can't buy a DAMN GPU, but now THIS!?!?!?

https://www.tomshardware.com/news/hard-drive-ssd-shortages-imminent-if-new-cryptocurrency-blooms

this isn't new...it was a thing 4 years ago on the first CC mining rush that happened. may be more advanced or perhaps efficient now though.

 

[JD]

If it takes off, I do have a fair bit of free space!

 

[Solace]

GEEZ, it's bad enough you can't buy a DAMN GPU, but now THIS!?!?!?

https://www.tomshardware.com/news/hard-drive-ssd-shortages-imminent-if-new-cryptocurrency-blooms

People will mine on USB flash drives not SSD/HDD, there is zero value gained using anything aside from a bootable USB drive. This is coming from someone who did a large scale project for a mining facility with major vendors. Flash do use NAND chips but I'm sure generation old chips are sufficent on the cheaper older models and would be consumed and are in mass availability in comparison to newer line tech.

 

[Cannon Fodder]

this isn't new...it was a thing 4 years ago on the first CC mining rush that happened. may be more advanced or perhaps efficient now though.

Ok, guess I must've missed that the 1st time 'round, because that blurb on Tom's was the 1st I've heard of it.

 

[Marzipan]

well, the blirb on Toms is about a new coin that isn't even available to the public yet. apparently it was created by the same guy that created bittorrent. so it's a new version. with proof of storage vs proof of work.

 

[ipaine]

Well I could very easily throw a bunch of my older drives into my current mining rig. I have a decent number sitting there. I don't know I think about 10-15 1tb-4tb drives and then another 10 ssd's that are 256gb or smaller.

I mean at least it would be cheaper than running the gpus. Not going to jump on this right away though that is for sure.

 

[Shadowarez]

so if facebook or google or backblaze jumps on this they can make some bank

 

[chrisk]

Is this something that could take off? Being 'green' hits the right note, that's for sure.