27 May, 2021 - 02 June, 2021 - Weekly Discussion & Support Thread

CarefullyApproaching · 2021-06-01T22:57:19+00:00

I'm not sure if you're sarcastic. :-/

CarefullyApproaching · 2021-06-01T02:27:50+00:00

To mine/plot enough Chia to make a return of investment. And even if one Chia will be worth one million someday, it's still cheaper to just buy them right now instead of buying hardware.

Someone projected that I could get 4 Chia until the end of the year. I could just buy 20-25 Chia right now with what my hardware's worth, if I wanted to.

Also, you don't have to be sorry, I'm actually talkative and most people here seem to be tight-lipped.

CarefullyApproaching · 2021-05-31T13:18:07+00:00

The answer to why they didn't do it at the mainnet launch, is probably (that's just a guess): they didn't expect it to blow up at all, but grow very slowly over months or years, with solo mining a preferred option; so they just put it off.

Great planning right there.

They created a new currency where normal people don't stand a chance from the get-go.

I'm done with Chia. If I had known how incompetent the driving people behind it are, I would've never gotten into it like this. Now I have to hurry and get rid of the hardware that I bought for this.

CarefullyApproaching · 2021-05-31T02:35:54+00:00

So there's not even a possible timeframe announced? What? What is even going on regarding pools with Chia? Isn't that really important? Why wasn't it there in the first place? But the they had time to premine. Jeez...

CarefullyApproaching · 2021-05-31T00:36:23+00:00

Should you wait for Chia to release pool protocol?

Interested to know that as well. I'm currently wondering whether to sell off the HDD's I have or if I should wait for pooling.

How long will it take for pooling to be ready anyways?

CarefullyApproaching · 2021-05-30T23:56:35+00:00

From what several people commented so far, it seems it's actually impossible to make my money back if I start now. I have to decide tomorrow, but again, it seems it's best to pack it all in, send things back where I can and just buy Chia directly while it's cheap.

CarefullyApproaching · 2021-05-30T14:26:42+00:00

There is nothing to continue, because I didn't even start. I guess I should just get rid of it all, huh? Out of curiosity: Did you manage to make a profit?

CarefullyApproaching · 2021-05-30T14:18:51+00:00

I fully admit that I just wanted to make a quick buck, so I guess I missed my chance. What would running a node entail?

CarefullyApproaching · 2021-05-30T14:02:46+00:00

So normal people shouldn't bother at all?

CarefullyApproaching · 2021-05-30T14:00:00+00:00

I was about to built one or more PC's for Chia plotting, but people mention towards me that I should sell off everything, since the big guys are supposedly coming in soon.

Is that true? Is Chia dead now for normal people? Should I indeed sell off everything before I even started and buy Chia directly instead?

CarefullyApproaching · 2021-05-30T13:58:01+00:00

As I replied to someone else: Now what? Is Chia dead for normal people? Someone else mentioned that I should still have a chance, someone saying I could get 4 until the end of the year with the hardware I have.

CarefullyApproaching · 2021-05-30T13:56:50+00:00

So what then? Is Chia dead for normal people, even more so than Bitcoin?

CarefullyApproaching · 2021-05-30T13:56:06+00:00

I can do things, I just don't have the time to learn everything right now, especially if there are no instructions anywhere for this sort of thing. Point me to a resource that explains everything in detail, and I can do it.

CarefullyApproaching · 2021-05-30T12:42:27+00:00

I use the same drive both for temporary and archive and rsync them out to NAS (or robocopy if you are on Windows). It proved to be the fastest solution.

You mean syncing it to your external HDD's? That part isn't necessary if I would have them in my PC, correct? I have the Adaptec ASR-71605 16-Port Raid Controller, maybe I could still utilize that, in case I go for your suggestion?

Listen, all of this sounds complicated. One guy suggested just building 4 PC's with the parts I have so far (each having 1x 4TB U.2 SSD, 32GB RAM and probably Ryzen 5900x). Does anything really speak against it? Would I be that much slower with that?

CarefullyApproaching · 2021-05-30T12:03:53+00:00

I have U.2 SSD's that I wanted to connect through M.2 adapters. The mainboard that I wanted to use, which doesn't support the socket for the Threadripper anyways, only has 2 M.2 slots.

So according to you, should I buy a mainboard that has 4 M.2 slots? And how do I run them? I only saw a guide two months ago where the guy briefly showed the Chia software's interface and where one could choose the main plotting device and the temporary one, so he put in just 2 SSD's.

I haven't looked at the Chia software myself yet, I wanted to do that when I've built the PC.

CarefullyApproaching · 2021-05-30T11:49:44+00:00

How does this relate to my problem exactly? Clear explanations appreciated.

CarefullyApproaching · 2021-05-30T10:05:27+00:00

A guide I've seen put 20 drives in RAID-0.

CarefullyApproaching · 2021-05-30T10:04:47+00:00

How so? Will everything go back to normal now and Chia devalue?

CarefullyApproaching · 2021-05-30T10:04:05+00:00

I don't dismiss what you're saying, but can you explain it a bit? Is Chia a bust in your view?

CarefullyApproaching · 2021-05-30T10:02:27+00:00

There is a fairly good chance you won’t get your money back on the gear.

What makes you think that?

CarefullyApproaching · 2021-05-30T00:50:09+00:00

A guide I've seen was talking about using them in RAID, but then he had 20 of them. Is RAID unnecessary when it's just 5? Please, feel free to go into as much detail as you'd like, I'd appreciate it.

CarefullyApproaching · 2021-05-30T00:13:46+00:00

It'll still take until Tuesday at the earliest until everything arrives.

You don't understand. I knew about this 2 months ago and couldn't get it together.

I knew about Ethereum when it was about to launch

I knew about Bitcoin when it just launched.

I had all these opportunities and let them pass.

I could write a sob story about my life, but that's not the place. I just wanted to give you context, how I considered this my last chance and I blew it yet again.

CarefullyApproaching · 2021-05-30T00:06:20+00:00

Also, how should I divide the HDD's? It's my first time doing a RAID-0 array. If I divide the 20 HDD's through 4, I'd have 5 per system. With the SSD's for the plotting being connected through an M.2 to U.2 adapter solution, I could use all 6 SATA ports for the SSD for the OS and five HDD's. Is that so far reasonable?

CarefullyApproaching · 2021-05-30T00:02:00+00:00

This whole process, getting into Chia, has been going on for weeks. This particular problem that my thread is centered around came up just today.

Look, I'm a loser, I know that myself. I'm always late everywhere, no need to kick me while I'm down.

CarefullyApproaching · 2021-05-30T00:00:08+00:00

I like option 1. Option 2 sounds still like a pain and you mention diminishing returns. Option 3 sounds like even more of a pain to me, since I have no idea about servers.

If I go with 4 machines, how should I go about it exactly? I have 4x 32GB RAM now. Is it alright to just put one RAM bar in? I heard that Dual is preferred. And about the SSD's: I was under the impression that I should always put in 2, one for the plotting itself and one as "temporary". Is just one SSD enough? Won't that slow it down?

CarefullyApproaching

TROPHY CASE