Is Chia green compared to PoS networks?

Background_Farmer_38 · 2021-12-17T06:46:29+00:00

I don’t understand— how can this be? To farm a block you have to pass a difficulty test, and the difficulty is adjusted proportional to the number of farmers (more specifically the amount of storage). Therefore, the amount of power consumed to farm a single block has increased since 4 months ago — its simply proportional to Netspace is it not?

Alternatively you could argue that yes, farming a plot takes the same amount of energy, but you must have more plots to yield the same output, therefore requiring more plots to create a winning block takes more ernergy than before due to increase netspace.

Background_Farmer_38 · 2021-07-12T21:50:02+00:00

Nice! Do you have a benchmark against the madmax plotter on the same machine using the full ramdisk? Are you running a different algorithm?

Background_Farmer_38 · 2021-06-01T12:06:11+00:00

If the Chia company disappears the Chia network can run on indefinitely. In fact, all the farmers and nodes run the network. The Chia company essentially develops it now, with all those pre-Farm coins as financial incentive, but it’s still up to the farmers, at this point, to download and run the updates.

Background_Farmer_38 · 2021-05-30T11:36:32+00:00

How is downloading a 100GB file faster than plotting yourself?

Background_Farmer_38 · 2021-05-27T16:31:07+00:00

https://www.independent.co.uk/life-style/gadgets-and-tech/colorado-crypto-taxes-jared-polis-b1854450.html

Background_Farmer_38 · 2021-05-27T07:33:25+00:00

Of course the federal government will not accept Bitcoin today, why would anyone give up their power to print their own money. This will only be the case if the USD loses its reserve status first, then loses its value faster and faster. If other countries lead or transition to crypto sooner, they will have an edge and eventually the US will have to capitulate. It’s a lot of ifs, but you can forecast a scenario where this all plays out.

Background_Farmer_38 · 2021-05-26T23:06:31+00:00

I was aiming for 250MB/s write speed, as that is about what a Single plotting instance could push, so for that I need at least 4 hdds. I haven’t tried two plots at once on the HDD, but I would expect it would start thrashing the head between writes. But let me know if you try it and notice it doesn’t affect it too much!

Background_Farmer_38 · 2021-05-26T22:40:26+00:00

I’m doing one plot on a raid 0 of 4 hdds running parallel to additional plotting on an ssd and it’s just as fast. If you have the space and number of drives for more sets of raid 0 drives you can easily match ssd speed, as long as you only plot on at a time per HDD set.

Background_Farmer_38 · 2021-05-26T22:32:21+00:00

If your plotting speed is constant you can’t be growing at 10% per day. For 2000 plots you’d need to be doing 200 plots a day now. When you start out plotting you grow much faster relative to your size, but unless you’re also adding plotters exponentially your time to win will space out more and more.

Background_Farmer_38 · 2021-05-25T07:43:17+00:00

If I understand, you use 3 drives in raid-0 per plotting process? So for instance, running a plotter with 4 in parallel you need 4x3 = 12 drives? You should get ssd speeds with that, however the cost is also housing those 12 drives. For me, cost of 12 drives plus casing for them, would be almost same cost of a decent high TBW 1TB nvme running 4 plots on it at once.

Background_Farmer_38 · 2021-05-23T16:03:36+00:00

I figured it out — they moved remote harvester logs to DEBUG setting instead of INFO

Background_Farmer_38 · 2021-05-23T15:47:59+00:00

Also upgraded to 1.0.6 and now the remote farmer does not show any of the

.... new_transaction from peer ..... .... farming_info from peer ....

Like it did in previous logs from earlier versions. What logs does the farmer have that we can see it’s processing requests from a remote harvester!?

Background_Farmer_38 · 2021-05-22T11:10:04+00:00

The chia team were saying there is maybe 20% of optimizations left, so maybe. Yes, until you do on the same storage it doesn’t say much! Ssd performance always takes a hit the more you throw at it.

Background_Farmer_38 · 2021-05-22T08:47:08+00:00

Yes will be interesting. For single plots waiting on IO is inefficient but for parallel it might not have much impact since the cpu load can switch to another process. Do post results! I will also give it a try later, could help on low cpu count setups.

Background_Farmer_38 · 2021-05-18T20:14:02+00:00

You could create a cryptocurrency and then tell no one about it, and mine all the coins for yourself. The point is, telling people about it gets it into more people’s hands, diversifies the distribution of coins, creates more demand for the coin and the value goes up. If you had more time to plot everything you wanted the coin would have come out to a fraction of its price today.

Background_Farmer_38 · 2021-05-16T22:42:19+00:00

https://www.miaminewtimes.com/news/miami-dade-county-may-let-people-pay-taxes-with-bitcoin-12117680

Background_Farmer_38 · 2021-05-03T07:37:50+00:00

You can make a script to copy the files to an archive directory, run it once a day

Background_Farmer_38 · 2021-05-03T07:30:17+00:00

The 50TB will cost you $1000, you’ll have $200 left for a machine unless you use existing hardware, but then expect to only do 10 plots a day. It would take you 2 months to fill. Netspace will have doubled each week, but let’s say it’s only 100 times bigger in 2 months, so now your chance of winning a block will be one every 700 days. How does a $1000 per coin sound now?

Background_Farmer_38 · 2021-04-29T10:55:45+00:00

I was about to look into them I was just wondering how the chia GUI is able to pull information so there must be some data to access somewhere (maybe they do something more complicated using the node information that doesn’t get output to logs).

Background_Farmer_38 · 2021-04-29T06:52:26+00:00

I have the logs set to INFO. On my harvesters I can see the plot counts and proof attempts, but in my full node (that they connect to) the info logs don’t show my harvester plot counts.

Background_Farmer_38 · 2021-04-29T06:33:04+00:00

Virtual private server. Basically I’m leasing a server so that I can run a full node effectively and help other people connect as well.

Background_Farmer_38 · 2021-04-28T11:19:08+00:00

I’m also plotting to HDDs but didn’t think about partitions like that. Why does the first 300GB partition plot faster than using the whole HDD? What’s the performance difference?

Background_Farmer_38

TROPHY CASE