Instead of using processing power Chia the mining system is based on storage capacity and speed. However, the writing-intensive nature of Chia’s mining operations may place some positions on stress that is not designed to withstand.
By MyDrivers, Chian mining can destroy a 512GB SSD in just 40 days (less than six weeks), with an assumed write volume of 256 terabytes. Larger 1 TB stations are expected to survive for 80 days, while 2 TB models will be able to control a continuous mine of about 160 days.
Typical SSDs typically last about ten years in normal use and usually have a warranty of 3 to 5 years. In addition to the number of drives, it is said that Chian’s mining operations may also void warranties by causing the maximum number notified to SSD owners.
Chian direction mines
The Chia network was designed by BitTorrent founder Bram Cohen as an antidote to the increasing concentration of the cryptocurrency in the mining industry, which has been supplanted by large mining syndicates.
The currency is also designed to respond to one of Bitcoin’s main criticisms related to environmental charges for mining. What sets Chia apart from other major cryptocurrencies in this regard is the mechanism used to maintain and secure the network.
Bitcoin, for example, uses a work certificate (PoW) consensus mechanism that puts miners together and is very energy-intensive. A research According to the University of Cambridge, Bitcoin consumes more energy per year than Sweden.
The architects of the Chia network chose a completely different system, called proof of status, based on storage capacity instead of computing power. In this case, the so-called Farmers store storage space to keep cryptographic numbers, plots.
“When a block chain sends a challenge to the next block, farmers can scan their plots to see if they have the hash closest to the challenge. The farmer’s probability of winning the block is a percentage of the farmer’s total farm compared to the entire network,” the website explains.
However, a new analysis of the lifespan of SSDs used in Chian’s mining activities casts doubt on both the cryptocurrency’s environmental data and its mission to rejuvenate the mining world of lone wolves.
Although MyDrivers does not mention which specific SSDs the data is based on, it is likely that consumer models were used for testing. Enterprise-class drives are much more durable and go much better under load, but they are also much more expensive, which means individuals can be priced from the Chian mine from scratch.
Through Coin Telegraph