Mining cryptocurrency on SSD drives, Chia farming

A new hype around cryptocurrency farming is unfolding in the Chinese market. This was reported by a local publicationSina.

This time, cryptocurrency mining is not carried outusing a video card or ASIC, and via an SSD drive. The developer of a new cryptocurrency project called Chia was Bram Cohen, the author of the BitTorrent protocol and the BitTorrent program. However, it is not yet possible to trade Chia cryptocurrency. At the initial stage, cryptocurrency can only be mined.

Chia's farming is based on hard drives.To start mining Chia, according to preliminary information, you need a hard disk with a volume of 1 TB or more. The most optimal size is recognized as 10 TB. At the same time, over time, the volume requirements for Chia's pharming will increase.

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The Chia crypto community has already begun to share the characteristics of their farming farms. So, one of the enthusiasts put together the following farm:

• CPU: Intel Core i7-10700K
• Memory capacity: 32GB DDR4 3600.
• System disk: Samsung 980 250gb.
• Hard drive: six pieces of Seagate BarraCuda 8 TB.
• PSU: Corsair RM Series, RM650.

The community recognizes that, unlike miningwith graphics cards, the SSD's read and write lifespan is limited. Excessive operations for Chia farming can have a big impact on the lifespan of an SSD.

Let us remind you that according to Nvidia’s calculations, the deficitvideo cards may remain until the end of 2021. Experts cite two reasons for the persistence of the shortage: logistical difficulties associated with the consequences of the pandemic and the huge demand for video cards due to rising prices for cryptocurrencies.

Cloud mining: TOP-5 services for 2021

Cloud mining is the optimal formatmining cryptocurrency for 2021. This is a model for earning cryptocurrency by renting equipment (hashrate), mining is carried out due to the management of equipment by a contractor who solves all issues related to technical and software components.

Cloud mining setup does not requirea productive computer or knowledge in the field of blockchain and cryptocurrencies in general. Setting up in this case consists in going through the standard registration procedure on the service website, choosing a tariff plan and paying for the contract. Then the user specifies the address (personal wallet) where the mined cryptocurrency will be withdrawn.

Rating of TOP-5 cloud mining services (with current estimates for 2021):

Service	Rating	Detailed overview
IQ Mining (Editor's Choice!)	9.5	Read the review
ECOS	7.2	Read the review
YoBit VMining	6.5	Read the review
BitDeer	6.4	Read the review
HashFlare	6.3	Read the review

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