Post
Topic
Board Mining (Altcoins)
Re: Comparing HDD mining to GPU mining - Manufacturing Demolition is about Same-Same
by
btc-room101
on 10/06/2021, 03:49:35 UTC
A video card can mine hundreds or thousands of coins, and several coins can be mined on hard drives.
The hashrate of the CHIA grows by 10-20% per week and the profit of miners falls by the same amount.
Although, on the other hand, Ethereum will also stop being mined soon, so I don't know where it will be good after six months

Wow the growth has slowed down a lot then, I stopped checking some week ago. Right now its 26% since last week. The norm was 70+ % per week. It was like 200% or even more a few weeks in a row, once I saw the network space increase by one whole EiB on ONE single day. Could not help but check in every day for a while and be amazed lol. Never seen anything like it. Hope it stabilizes, but to jump in it for profit right now seems even riskier than buying gpus. Edit: ROI not gonna happen lol.

https://chiacalculator.com/ really gives suuch a bad prognosis if you put realistic numbers there and you are one of those I want to get rich quick guys.

Anyways I am still curious about chia because it is new and more fun compared to gpu mining, if you like building computers that is. I have a build ready to switch on when pools arrive... errm if they arrive, as you say, rules change and change. Perhaps pools arrive just in time for christmas and value has tanked because there has been such a shitshow with scammy pools stealing coins and people giving up because they can't get back investment if they don't join pools. I did not build my rig even expecting ROI, I had old computers laying around that could do plotting with just a bit more ram and a few more harddrives. So for me it is like switching my slower gpus to some shitcoin and hoping it will take off, if it won't, well then, at least I had some entertainment for a while.

For the past two months chia space growth was 8% day, that's doubling every nine days, now its close to zero and hovering at 20EB (19.8EB)

HPOOL is real, the  chinese billionaire who owns HPOOL company, also owns the chia-net Inc, team in SV, all this is a scam, just like bitcoin-gold, some 5+ years ago, which was chinese owned, and ran out of 'ukraine' this time its ran out of SV, kept up for appearances. To the sophisticated chinese, its what we would call money-laundering. The chinese IOU process since begin of year took XCH to $1600, on a shit-coin that didn't even exist, at main-net 5may2021 the shit-ware wasn't even ready, it still doens't work.

There are a dozen GOOD PoC coins, and chia isn't one of them, ar-weave looks good, but all have this same problem, shitty development, stalled projects and general helplessness