News Chia Crypto Plotting Can Destroy an SSD in Weeks

[mikeebb]

HAHA..... sell high buy low.... sounds simple.... So when price is high and everyone is selling, whos going to buy?? When price is low and nobody selling, who can buy?

Classic hype thing. For every transaction (once the 'coin is produced - should we denominate the value of *coin in kwh - used to produce it?) there has to be a buyer and a seller, and the price is agreed on in the moment. During the hype buildup, every buyer hopes they are buying low, and will be able to sell high in a short time. So how much of the fantastic "value" growth is just the expectation that you got it cheap and will find some sucker to buy it later? Practically all of it, really. Classic. In the stock market, we get "pump & dump" to do things like that, or Reddit crowds, and often such antics are illegal and result in bad news later on for the perps. We'll see now the fundamentally valueless (except maybe in kwh) crypto develops.

 

[MonkeyTime]

Tested Chia and already abandoned. After 3 weeks of ploting, a Samsung evo 1to is completely dead (115 plots). The ssd freeze my MB on the msi splash screen. Only remove completly the ssd from my motherboard only works and windows start only after that.