> What's stopping Chia from doing the same thing to the storage space?
The gobsmacking amount of HDD supply on earth. For now people are burning SSDs to create the plots (1TB SSD can probably create a petabyte of plots to "farm"), but if you have that petabyte of storage space you're keeping online 24/7, do you suspect playing bingo to win crypto tokens is the most profitable use of that memory?
How the economics shake out remains to be seen, but I think they have a solid vision that farming can be just rewarding enough for people to use old harddrives, not profitable enough to burn NVMe sticks.
eg: I farmed 2 coins running an old thinkpad and a network drive for a month so far. Worth ~$2200 at current rate. Nice profit, but probably not buying a new thinkpad to dedicate to it.
The gobsmacking amount of HDD supply on earth. For now people are burning SSDs to create the plots (1TB SSD can probably create a petabyte of plots to "farm"), but if you have that petabyte of storage space you're keeping online 24/7, do you suspect playing bingo to win crypto tokens is the most profitable use of that memory?
How the economics shake out remains to be seen, but I think they have a solid vision that farming can be just rewarding enough for people to use old harddrives, not profitable enough to burn NVMe sticks.
eg: I farmed 2 coins running an old thinkpad and a network drive for a month so far. Worth ~$2200 at current rate. Nice profit, but probably not buying a new thinkpad to dedicate to it.