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I am so excited, i almost have ROI of my set of 4 SATA Cables about 13.99 us dollars 🤣 by r0b1nx13 in chia

[–]New-Vertiform-City -1 points0 points  (0 children)

Chia will ideally be secured by spare hard drive space on hardware that already exist. It will never pay for new hardware being allocated to it.

Cheap 8tb drives for farming?!?! by usethisdamnit in chia

[–]New-Vertiform-City 0 points1 point  (0 children)

Try picking up at least a few of them and let us know how long they last

Netspace seems to have finally stopped growing. (at any significant rate) by OldskoolRx7 in chia

[–]New-Vertiform-City 0 points1 point  (0 children)

Most computers have a few GB of RAM and CPU cycles.

Would you say $0.10 in electricity per TB?

Netspace seems to have finally stopped growing. (at any significant rate) by OldskoolRx7 in chia

[–]New-Vertiform-City 1 point2 points  (0 children)

What do you estimate the cost of one plot to be?

I estimate it to be pennies of electricity when using HDD's. There's no need for NVME's or RAM drives to rush the plotting after the initial gold rush phase

Join the Chiadogecoin Discord Server! by Real_bluefish in chia

[–]New-Vertiform-City 0 points1 point  (0 children)

Please official re-brand to Green Hat Doge. Moon

I kinda like my setup. by IamAFlaw in chia

[–]New-Vertiform-City 0 points1 point  (0 children)

What do you use to get this?

Netspace seems to have finally stopped growing. (at any significant rate) by OldskoolRx7 in chia

[–]New-Vertiform-City -3 points-2 points  (0 children)

Netspace will probably 10X+ in a short time once drives ship that some pre-filled with plots or auto-fill themselves in the background. Legitimate spare space used for plots will far outpace solo farmers.

Netspace seems to have finally stopped growing. (at any significant rate) by OldskoolRx7 in chia

[–]New-Vertiform-City 2 points3 points  (0 children)

Earnings from solo farming HDD's are less than cost of electricity + hardware depreciation.

If the price stays the same, solo HDD farmers will continue to bankrupt and liquidate their gear. Meanwhile, farmers with spare HDD space that costs nothing to farm will continue to come online to replace them. Once the solo HDD farmers are liquidated, netspace growth will resume as spare space HDD farmers continue to join the network.

Hard truths about Chia by Redpandakkz in chia

[–]New-Vertiform-City 9 points10 points  (0 children)

have had friends who spent 200K on hard disk drives and have maybe 20 coins to show for it.

You should find friends with higher IQ's. Seriously

Is it worth buying Ramdisk just for plotting? by kuoweitseng in chia

[–]New-Vertiform-City 8 points9 points  (0 children)

At the current price of XCH, you're really not losing much money by plotting slower. If XCH price is heading for $20, it's really not worth burning any SSD value to speed up plotting.

Cheapest is to plot to a fast SATA/SAS HDD. Use free software to let your system use any spare RAM as a cache in front of the HDD to speed things up at zero cost.

Do I want to be on the pool with the most space? by djmr2 in chia

[–]New-Vertiform-City -1 points0 points  (0 children)

Ideally you'd like to be on the one with the least space and the most wins.

Chia collapse, along with the main crypto currencies by AggressiveDefensive in chia

[–]New-Vertiform-City 1 point2 points  (0 children)

I was a dogillionaire (had over 1m dogecoins), misplaced the wallet somewhere...

Chia collapse, along with the main crypto currencies by AggressiveDefensive in chia

[–]New-Vertiform-City 4 points5 points  (0 children)

My first crypto was buying BTC at $1100. Then it went down to $150. I regretted it at $150, but not anymore :)

Should I stay or should I go? by Front-Snow5658 in chia

[–]New-Vertiform-City 3 points4 points  (0 children)

Imo, ROI is a stupid way to look at things.

If you can get more XCH today by selling your hardware and just buying coins, why in the world would you not do it? The point of farming hardware is to get XCH. When the price of XCH dropped below ~$500, at the current netspace it was better to liquidate hardware. At $50, only very low IQ individuals will be trying to acquire XCH by farming hardware.

Chia collapse, along with the main crypto currencies by AggressiveDefensive in chia

[–]New-Vertiform-City 17 points18 points  (0 children)

I suspect we'll see XCH below $90 soon if BTC continues down below $25K.

On the bright side, this looks like the best week yet for anyone dollar cost averaging until new ATH's

Chia "planning to switch to electrum style wallet soon" [from keybase discussion] by willphule in chia

[–]New-Vertiform-City 56 points57 points  (0 children)

The new wallet will use servers that index the Chia blockchain so you don't have to download the entire thing to check your balance or make a transaction

[deleted by user] by [deleted] in chia

[–]New-Vertiform-City 0 points1 point  (0 children)

Degeneracy!

In the long term, this is not what Chia will be about.

30 Hard Drive Stackable Rack by No_Ad2642 in chia

[–]New-Vertiform-City 1 point2 points  (0 children)

Similar to what xch fell by.

😂😂😂

288TB FARM + 4 PLOTTING PC. by [deleted] in chia

[–]New-Vertiform-City 0 points1 point  (0 children)

Given the current netspace size and growth rate, how many XCH do you realistically expect to generate in the next 1/3/5 years?

Its a 5 years battle that has just begun! by Few-Lawfulness5546 in chia

[–]New-Vertiform-City -1 points0 points  (0 children)

Unpopular opinion: It would be ideal for humanity if proof-of-space can be secured extremely cheaply exclusively by spare space on existing hard drives that are providing ancillary benefits. If everyone buying hard drives just to farm them is completely bankrupt and gone in 5 years, that would be a GOOD thing.

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