<story><title>What is Chia cryptocurrency and why is it bad news for hard drives?</title><url>https://www.tomsguide.com/news/what-is-chia-cryptocurrency-and-why-is-it-bad-news-for-hard-drives</url></story><parent_chain><item><author>RealityVoid</author><text>I am... Suspicious of all the chia articles popping up on HN. I have not seen the same kind of buzz happening in other crypto spaces about it. And I am also suspicious about the claims that chia is the one that is such a threat to data storage supply, considering there are other crypto currencies with a similar approach.&lt;p&gt;Overall, I am inclined to say that this is a submarine and HN is falling for it.&lt;p&gt;Regardless, more to the point of the article, the argument and moral panic rings hollow. Chia just incentives other people to store data for people who want to store data. The place, overhead and mechanism of data retrieval is different, but, still, someone wants to store the data there and they pay for it. So how then is this more of a threat than cloud providers for example?&lt;p&gt;Later Edit: I mistook Chia as having a similar approach as Filecoin, but, on closer inspection, it seems that they do not store data people want they just store data to prove it&amp;#x27;s stored and use that to distribute mining rewards. So I was wrong at this end. Still, I maintain my opinion this is a submarine.</text></item><item><author>dang</author><text>Recent related threads:&lt;p&gt;&lt;i&gt;Thoughts on a “HDD shortage” from an industry insider&lt;/i&gt; - &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=27008295&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=27008295&lt;/a&gt; - May 2021 (106 comments)&lt;p&gt;&lt;i&gt;SSD makers start warning that mining products like ChiaCoin will void warranty&lt;/i&gt; - &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=27001848&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=27001848&lt;/a&gt; - May 2021 (381 comments)&lt;p&gt;&lt;i&gt;Chia surpasses 1 exabyte of hard drive space&lt;/i&gt; - &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=26975734&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=26975734&lt;/a&gt; - April 2021 (151 comments)&lt;p&gt;&lt;i&gt;New Chia coin crypto with Proof of Space may create shortage of storage device&lt;/i&gt; - &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=26879278&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=26879278&lt;/a&gt; - April 2021 (19 comments)&lt;p&gt;&lt;i&gt;Chia Blockchain mainnet successfully launched today at 14:00 UTC&lt;/i&gt; - &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=26515025&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=26515025&lt;/a&gt; - March 2021 (14 comments)</text></item></parent_chain><comment><author>dang</author><text>Your comment broke the site guidelines, which ask you not to post insinuations of astroturfing, shilling, etc., without evidence. Multiple articles showing up about a topic isn&amp;#x27;t evidence of abuse; it&amp;#x27;s perfectly normal. Any slightly unusual angle like the hard-drive thing is more than enough to explain a small flurry of articles.&lt;p&gt;&amp;quot;&lt;i&gt;Please don&amp;#x27;t post insinuations about astroturfing, shilling, brigading, foreign agents and the like. It degrades discussion and is usually mistaken. If you&amp;#x27;re worried about abuse, email hn@ycombinator.com and we&amp;#x27;ll look at the data.&lt;/i&gt;&amp;quot;&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;hn.algolia.com&amp;#x2F;?sort=byDate&amp;amp;dateRange=all&amp;amp;type=comment&amp;amp;storyText=false&amp;amp;prefix=true&amp;amp;page=0&amp;amp;query=by:dang%20astroturf&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;hn.algolia.com&amp;#x2F;?sort=byDate&amp;amp;dateRange=all&amp;amp;type=comme...&lt;/a&gt;&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;newsguidelines.html&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;newsguidelines.html&lt;/a&gt;&lt;p&gt;We have that rule because it&amp;#x27;s extremely easy to fall into imagining this sort of thing based purely on a few data points one dislikes. In the absence of evidence, that&amp;#x27;s likely what&amp;#x27;s happening. Moreover, the submission histories of most of the accounts that posted those threads is evidence against what you said, and that information is public and trivial to check.</text></comment>
<story><title>What is Chia cryptocurrency and why is it bad news for hard drives?</title><url>https://www.tomsguide.com/news/what-is-chia-cryptocurrency-and-why-is-it-bad-news-for-hard-drives</url></story><parent_chain><item><author>RealityVoid</author><text>I am... Suspicious of all the chia articles popping up on HN. I have not seen the same kind of buzz happening in other crypto spaces about it. And I am also suspicious about the claims that chia is the one that is such a threat to data storage supply, considering there are other crypto currencies with a similar approach.&lt;p&gt;Overall, I am inclined to say that this is a submarine and HN is falling for it.&lt;p&gt;Regardless, more to the point of the article, the argument and moral panic rings hollow. Chia just incentives other people to store data for people who want to store data. The place, overhead and mechanism of data retrieval is different, but, still, someone wants to store the data there and they pay for it. So how then is this more of a threat than cloud providers for example?&lt;p&gt;Later Edit: I mistook Chia as having a similar approach as Filecoin, but, on closer inspection, it seems that they do not store data people want they just store data to prove it&amp;#x27;s stored and use that to distribute mining rewards. So I was wrong at this end. Still, I maintain my opinion this is a submarine.</text></item><item><author>dang</author><text>Recent related threads:&lt;p&gt;&lt;i&gt;Thoughts on a “HDD shortage” from an industry insider&lt;/i&gt; - &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=27008295&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=27008295&lt;/a&gt; - May 2021 (106 comments)&lt;p&gt;&lt;i&gt;SSD makers start warning that mining products like ChiaCoin will void warranty&lt;/i&gt; - &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=27001848&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=27001848&lt;/a&gt; - May 2021 (381 comments)&lt;p&gt;&lt;i&gt;Chia surpasses 1 exabyte of hard drive space&lt;/i&gt; - &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=26975734&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=26975734&lt;/a&gt; - April 2021 (151 comments)&lt;p&gt;&lt;i&gt;New Chia coin crypto with Proof of Space may create shortage of storage device&lt;/i&gt; - &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=26879278&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=26879278&lt;/a&gt; - April 2021 (19 comments)&lt;p&gt;&lt;i&gt;Chia Blockchain mainnet successfully launched today at 14:00 UTC&lt;/i&gt; - &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=26515025&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=26515025&lt;/a&gt; - March 2021 (14 comments)</text></item></parent_chain><comment><author>matkoniecz</author><text>&amp;gt; Chia just incentives other people to store data for people who want to store data.&lt;p&gt;This is untrue, Chia requires wasting storage space to store pointless garbage.</text></comment>