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Bitcoin rival Chia 'destroyed' hard disc supply chains, says its boss

newscientist.com

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Re: Bitcoin rival Chia 'destroyed' hard disc supply chains, says its boss

#2
I find it hard to get on board with Chia being a better alternative to Bitcoin because it uses less energy when the tradeoff it makes is the manufacturing and waste of millions of terabytes of hard drives. Does not seem very environmentally friendly to me.

Re: Bitcoin rival Chia 'destroyed' hard disc supply chains, says its boss

#3
post #2

I find it hard to get on board with Chia being a better alternative to Bitcoin because it uses less energy when the tradeoff it makes is the manufacturing and waste of millions of terabytes of hard drives. Does not seem very environmentally friendly to me.

I always thought that if bitcoin crashed, the mining centers could be refactored someway into other use for computing power alone.

Now with this new currency, you could maybe even run cloud storage. Maybe we are accidentally building the futur alternatives to Amazon cloud services.

Re: Bitcoin rival Chia 'destroyed' hard disc supply chains, says its boss

#5
post #2

I find it hard to get on board with Chia being a better alternative to Bitcoin because it uses less energy when the tradeoff it makes is the manufacturing and waste of millions of terabytes of hard drives. Does not seem very environmentally friendly to me.

I always thought that if bitcoin crashed, the mining centers could be refactored someway into other use for computing power alone. Now with this new currency, you could maybe even run cloud storage. Maybe we are accidentally building the futur alternatives to Amazon cloud services.

> the mining centers could be refactored someway into other use for computing power alone

The chips that are mining bitcoin are not general purpose computers.

Re: Bitcoin rival Chia 'destroyed' hard disc supply chains, says its boss

#9
post #2

I find it hard to get on board with Chia being a better alternative to Bitcoin because it uses less energy when the tradeoff it makes is the manufacturing and waste of millions of terabytes of hard drives. Does not seem very environmentally friendly to me.

Aren't they going to be using that space eventually for another distributed file system?
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