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

Solace

Well-known member
Joined
Jun 3, 2011
Messages
74
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.
 

Mr. Friendly

Well-known member
Joined
Nov 21, 2007
Messages
6,274
Location
British Columbia
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-known member
Joined
Apr 13, 2008
Messages
3,071
Location
Edmonton, AB
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.
 

chrisk

Folding Captain
Joined
Jul 12, 2008
Messages
7,637
Location
GTA, Ontario
Is this something that could take off? Being 'green' hits the right note, that's for sure.
 
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