Chia miners are trying to sell potentially degraded plotting drives
Bottom line: Chia mining tin lessen the lifespan of solid-state drives (SSDs) past writing more than than 300GB in temporary information per plot. Buyers looking for deals on used hardware should exist careful and inquire the right questions when purchasing these used Chia plotting drives; otherwise, they could terminate up paying for a heavily used particular with a severely reduced lifespan.
Chia, the recently introduced "green" blockchain aimed at reducing energy usage and credited with a drastic increase in storage costs, is in one case over again making storage headlines for the wrong reasons. Following a continued driblet in value, the coin's miners have begun leaving the network and liquidating their hardware avails to recoup costs. Some miners are advertisement their Serial ATA (SATA) solid-country drives (SSDs) or M.2 non-volatile memory limited drives (NVMEs) used to plot, or fix, the proof-of-space consensus data as new and/or renewed. Buyers of these used Chia plotting drives should exist extra cautious, every bit they may not go what they're paying for based on how Chia utilizes the flash storage of SSDs and NVMEs.
Dissimilar traditional proof-of-work consensus mechanisms, Chia instead relies upon a less intensive proof-of-space consensus mechanism to verify and validate transactions on the Chia blockchain. A fully prepared Chia farm uses less energy and resources than those farms mining currencies such as Ethereum and Bitcoin; notwithstanding, the path to get there is not without some expenditure of energy and hardware resources.
A Chia farm consists of two major activities: farming, which is the act of making prepared plots available on slower storage volumes to verify transactions on the Chia network; and plotting, which leverages calculating and storage resources to gear up the data sets used for proof-of-space consensus on the Chia network. Plotting requires more than 300GB of temporary free infinite per plot. This gratis space is typically allocated on dedicated SATA or NVME drives due to the speed at which plot preparation tin exist completed.
SSD and NVME drives measure endurance in a unit known as terabytes written (TBW), or the amount of total data that tin can exist written to the drive. Some drives may exist rated as low as 150 TBW, while others may exceed several k TBW. What does this mean for the used Chia-plotting drives? Even though they may exist wiped and formatted, a heavily used plotting bulldoze may exit the drive's buyers with a severely reduced lifespan. Each Chia plot prepared on an SSD or NVME bulldoze reduces the overall lifespan by approximately 300GB. This same firsthand concern does not apply to the HDDs used for final plot storage.
Agreement what questions to enquire and what to expect for can be fundamental in buying these used Chia drives. Potential buyers tin inquire sellers to provide testify of potential drive health by using tools ranging from CrystalDiskMark to proprietary drive software such as Samsung Magician or Crucial Storage Executive. Another practiced indication would be obtaining whatsoever information regarding how much plotting was washed using the bulldoze and reviewing that against the drive'south factory-rated TBW.
At get-live, the Chia coin's value was north of $ane,600. Since release, factors such as the country of the cryptocurrency market, ever-increasing Chia netspace, decreasing probability of mining success, and lack of feasible coin exchanges have recently driven the price beneath the $220 marking. This reduction in value has been the principal driver for the abandonment and selloff for many solo and small hobbyist miners.
Source: https://www.techspot.com/news/91113-growing-concerns-chia-miners-attempt-sell-potentially-degraded.html
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