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A comment on Chia surpasses 1 exabyte of hard drive space. Parent comment

Re:Chia surpasses 1 exabyte of hard drive space by rbanffy on Thursday April 29, 2021 @07:14AM (#26979686)
Not all enterprises are FAANGs and the immense majority operates at a tiny fraction of that scale.

While I don’t think too many businesses will buy this idea of using spare storage for “cryptofarming”, unused resources are pretty common.

The price of a cryptocurrency will tend to roughly follow the cost of generating it. In storage, it’s safe to assume the cost will only go down for the same amount of space. And disk space has been growing faster than transistor density for some time now.

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Re:Chia surpasses 1 exabyte of hard drive space by marcan_42 on Thursday April 29, 2021 @11:52AM (#26982753)
Unused resources are common, but this kind of thing is only valuable at the scale at which you already have engineering teams doing useful stuff with the storage. Smaller enterprises are not going to be deploying "cryptofarming", there is no way it would be approved in the vast majority of orgs.

So in the end this is going to be just like every other cryptocurrency: people largely deploying exclusive mining (sorry, "farming") capacity and consuming resources doing so.

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