Tell HN: I am donating ~10TB worth of Chia (cryptocurrency) “plots”

3 points by Nextgrid ↗ HN
Hello everyone,

A few months ago I tried to get into Chia mining which is a cryptocurrency that uses proof of storage space instead of proof of work. You do a one-off expensive (CPU and IO) process to generate a "plot" (~100GB file) and then you can "harvest" that plot continuously for the chance of earning Chia. The more plots you have the more chances you have to win a block and earn some coins.

The price has now dropped below what it would take for me to care about it, I don't currently have the time and I need to storage hardware for something else, however I don't want to waste ~10TB worth of these plots by just deleting them (it took a couple weeks and multiple machines to generate those), so I'm happy to donate them to anyone who's interested.

Email is in my profile. You'll have to download them over the next couple weeks (I'll set up an FTP or something, or you can SSH/rsync, I don't really mind) and I hope you have a fast connection. You'll also get the private key (the wallet recovery passphrase) as it's my understanding that the plots are tied to that.

Enjoy!

3 comments

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Would I need 10tb of storage connected to the chia network to be able to use these plots?
Yes, you’ll need that storage attached to a network-connected computer. “Harvesting” the plots however doesn’t require much CPU or IO so I believe you can even get away with a Raspberry Pi and USB to SATA converters.
A thought on the ROI: You can buy a plot for $2-3 in some volume. It's 9 plots per TB, so this is 91 plots or so. Value = $180 to $270 approximately to purchase. Self creation is a fraction of this, and the plots needs to be served up with the keys. Then there is the trouble of transferring 10TB. The return can be calculated by going to chiacalculator.com.