Chia network not so green? CPU mining reportedly destroys SSD in weeks


Chia Network, which emerged onto the cryptocurrency scene with the promise of cleaning up the environmental mess left by Bitcoin (BTC) miners, may not be as green as it seems. Unlike Bitcoin, Ethereum and others, Chia Network mines coins using an alternative to the energy-intensive proof-of-work. CHIA coins are produced using only hard drive storage and mining them doesn’t require specialized ASIC hardware or GPUs. But reports coming out of China suggest that saving the environment isn’t as easy as it sounds when it comes to crypto. According to local outlet Fast Technology, the shelf-life of a standard 512GB SSD would be worn out after just 40 days of continuous CHIA mining, based on a data write volume of 256 terabytes in that time period. A 1TB hard drive would last around 80 days, while a 2TB hard drive would be expected to last around 160 days. Under normal conditions, such pieces of hardware would be expected to last the average customer around a decade.Once a hard drive exceeds a certain data write volume, its consumer warranty protections become null and void. Hard drives typically ship with anywhere from three- to five-year warranties, yet CHIA mining could invalidate such warranties in just over a month.Fast Technology reported that hard drive manufacturers have begun rewriting the terms of their warranty agreements to reflect the reality of their components being used in CHIA mining. When CHIA commenced trading in early May, Chinese retailers suffered a shortage of hard drives, which eventually pushed the cost of high-capacity drives (16TB) up to 6,000 yuan ($933).

Avatar

Related Articles

- Advertisement -

Latest Articles

bitcoin
Bitcoin (BTC) $ 16,994.98
ethereum
Ethereum (ETH) $ 1,280.85
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 290.93
usd-coin
USD Coin (USDC) $ 1.00
binance-usd
Binance USD (BUSD) $ 1.00
xrp
XRP (XRP) $ 0.393088
dogecoin
Dogecoin (DOGE) $ 0.099881
cardano
Cardano (ADA) $ 0.316550
matic-network
Polygon (MATIC) $ 0.925089
polkadot
Polkadot (DOT) $ 5.53
staked-ether
Lido Staked Ether (STETH) $ 1,266.74
okb
OKB (OKB) $ 22.08
litecoin
Litecoin (LTC) $ 76.77
shiba-inu
Shiba Inu (SHIB) $ 0.000009
dai
Dai (DAI) $ 1.00
tron
TRON (TRX) $ 0.054441
solana
Solana (SOL) $ 13.61
uniswap
Uniswap (UNI) $ 5.95
avalanche-2
Avalanche (AVAX) $ 13.20
chainlink
Chainlink (LINK) $ 7.63
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 17,010.19
leo-token
LEO Token (LEO) $ 3.80
cosmos
Cosmos Hub (ATOM) $ 10.31
ethereum-classic
Ethereum Classic (ETC) $ 19.70
the-open-network
The Open Network (TON) $ 1.80
monero
Monero (XMR) $ 144.57
stellar
Stellar (XLM) $ 0.088035
bitcoin-cash
Bitcoin Cash (BCH) $ 110.49
quant-network
Quant (QNT) $ 122.75
algorand
Algorand (ALGO) $ 0.245159
crypto-com-chain
Cronos (CRO) $ 0.064943
filecoin
Filecoin (FIL) $ 4.45
near
NEAR Protocol (NEAR) $ 1.76
apecoin
ApeCoin (APE) $ 3.88
vechain
VeChain (VET) $ 0.019224
hedera-hashgraph
Hedera (HBAR) $ 0.048902
internet-computer
Internet Computer (ICP) $ 4.24
flow
Flow (FLOW) $ 1.11
terra-luna
Terra Luna Classic (LUNC) $ 0.000182
elrond-erd-2
MultiversX (Elrond) (EGLD) $ 43.38
trust-wallet-token
Trust Wallet (TWT) $ 2.48
frax
Frax (FRAX) $ 1.00
eos
EOS (EOS) $ 0.934979
the-sandbox
The Sandbox (SAND) $ 0.606593
tezos
Tezos (XTZ) $ 1.03
theta-token
Theta Network (THETA) $ 0.922344
aave
Aave (AAVE) $ 63.96
huobi-token
Huobi (HT) $ 6.84
chiliz
Chiliz (CHZ) $ 0.163337