We traded Ram Shortages for quite literally everything else shortages lol

@hatdog703

3 жыл бұрын

I remember (and paid) when an 8gb had the same price as a new 1050 back then

@panzerofthelake4460

3 жыл бұрын

whatchagonnado boah

@alenasenie6928

3 жыл бұрын

Wait until they realize that having ram as a storage unit would be quicker and will not degrade almost anything, so I think we will see again ram as storage devices since it is good to have it as volatile storage for plotting, good part, it will release ssd, bad side, it will make the coin unfarmable for regular users, then they will change to a way that needs a lot more temporary storage, in my opinion, they should have done it from the beginning, to need an hdd of 4 to 8 tb to do this, that way it wouldn't impact the entry level market, for nor only the small ssd are surviving, but using raid when the prices go too high will eliminate them also from the entry level market

@BinkyBorky

3 жыл бұрын

I still can't buy DDR5

@gamermiles20

3 жыл бұрын

ram is still in shortage tho

Now to find the currency that will make use of RGB proof of lighting or something like that.

@youtubeminute4388

3 жыл бұрын

This new crypto will now use the casing of your pc to mine

@yoironfistbro8128

3 жыл бұрын

@@youtubeminute4388 This new crypto uses power supplies to mine by proof of wattage

@thecrazything95

3 жыл бұрын

@@yoironfistbro8128 I mean that's basically eth and bitcoin already

@rick-potts

3 жыл бұрын

"Fun€oin" - Mine on SoundBlaster AWE 64 cards. Mine coin and plays some banging tunes at the same time...

@shyamkrissh

3 жыл бұрын

😂😂

Didn't know about Chia, thought I'd expand my server with a 14TB drive... price was 4x what is was a few months ago. Is it only me, or do all these mining shortages/price increases really suck the fun out of the tech-hobby?

@writeordie5452

3 жыл бұрын

Hobby? More like tech-business now. You can earn money on it! That is, casino money that can be exchanged/gambled with for real money! No one who has tech as a hobby is buying SSD:s or state-of-the-art graphics cards right now, unless they absolutely have to (most likely to mine dem currencies).

@Cumfortable

3 жыл бұрын

If only you didn't have to replace your m.2 and hdd's every few months due to the writing strain of this cryptocurrency.

@michaelstrasburg5451

3 жыл бұрын

Yes, exactly this. New tech has fallen off a cliff so now I am into more "retro" tech if you will.

@Dataanti

3 жыл бұрын

look into filecoin, it actually has a pretty noble use case, and are partnered with IPFS. but same sort of thing, storage space crypto.

@tim3172

3 жыл бұрын

@@Cumfortable Hard drives when written to them 24/7 will likely last more than 5 years. It's only very marginally more-likely to fail than under normal conditions (8 hours/day).

2024: case fans getting expensive because of new mining technique based on airflow

@Tall_Order

3 жыл бұрын

Windmill prices will be up in the air

@asishreddy7729

3 жыл бұрын

Finally my dreams of owning a wind tunnel in my backyard will be possible

@crisnmaryfam7344

3 жыл бұрын

@@Tall_Order but But! Windmills cause cancer right? * trollface *

@gilbertplays

3 жыл бұрын

@@Tall_Order windmills, windtunnels are gonna be so lit.

@solidv2

3 жыл бұрын

yo.... that's a good idea.....

James: “SSD are getting expensive” Me hoping to get a useable computer one day

@maxmustsleep

3 жыл бұрын

no chance dude no chance

@maxmustermann-cy9zn

3 жыл бұрын

@@maxmustsleep Hallo!

@endgamez7621

3 жыл бұрын

my life rn

@waran9560

3 жыл бұрын

@@maxmustermann-cy9zn You are not alone, I'm also hoping to be able to buy an usable PC one day.😔

@fisch37

3 жыл бұрын

@@maxmustsleep So you're the guys who bought all those Cinestar cards!

Chia mining isn't worth it. You'll end up spending more on drives than you'll make mining.

@jonathanozik5442

3 жыл бұрын

In the first days of this months it took about 3 days to earn back the cost of a new HDD. Now the profitability is around 10 times lesser and rapidly falling. EDIT: corrected. Thank You.

@dycedargselderbrother5353

3 жыл бұрын

@@jonathanozik5442 10 times less than 3 days is 7.2 hours. Somehow I don't think you're making your money back in less than a work shift.

@stevenwarne69

3 жыл бұрын

@@jonathanozik5442 you actually got a pay out?

@jonathanozik5442

3 жыл бұрын

@@stevenwarne69 No, and not expecting until pools are available.

@jonathanozik5442

3 жыл бұрын

@@dycedargselderbrother5353 Apologies for bad wording. Edited.

When you are waiting from SSD prices to drop, and they suddenly start rising

@motoryzen

3 жыл бұрын

From?

@AK-tf3fc

3 жыл бұрын

I am waiting since a year to buy a 120 gb normal ssd.

@andreaspandega6319

3 жыл бұрын

luckily i already switched my pc and laptop to ssd earlier this year

@mikhwanese

3 жыл бұрын

@@andreaspandega6319 congrats, ngab! aku kemarin habis lebaran ganti hdd ke ssd

"Why are you unable to get harddrive of any kind now? A new kind of crypto! Also, here's how you can get in on causing the shortage to get even worse!"

@adamtajhassam9188

3 жыл бұрын

dont worry I wont miss you HDD :)

@ktvx.94

3 жыл бұрын

Thought the same

@samarthbhat7889

3 жыл бұрын

honestly man , going like this, in 10 years time, half the electricity energy will be used for mining, people stop gaming or use a PC for regular use ,as all components are just being used for mining, even RAM sticks will be scalped. This is getting too much i just wish countries start taxing crypto as well, might stop this madness. i just hope by the time i become financially independent, i can afford PC parts , ffs , it has been my dream for years ;(

@I0NE007

3 жыл бұрын

@@samarthbhat7889 I partly want a large tax on crypto so that people don't bother with it... but I also feel that having a "crypto tax" will be seen as "evidence of Crypto being important" and would end up causing even MORE effort being funneled into this. When i first heard about crypto, I thought it was "kinda interesting" but once I actually learned what it was it was "completely stupid, why would anyone waste their time with this?" Same with the stock market (or at least how the majority of it's actions have become)

As much as Im a fan of technogly advancement, im starting to get sick of all this mining and crypto crap. It feels like its only a matter of time until we mine/farm crypto on our fricking gaming headets.

@fayebradshaw4221

3 жыл бұрын

@Filip Jovanovic yes, it was hilarious, but I don't think he'll ever actually mine with that, he just set it up

@testname2166

3 жыл бұрын

Miners:Hmmm, I could use grandma's life support system to mine...

@ManuelKoegler

3 жыл бұрын

This has reduced intelligent multi purpose tools refined over decades back to being silicon just sitting around doing nothing but a single task.

@MilesProwerTailsFox

3 жыл бұрын

To get the first chia mined You need to activly mine for atleast 5 years No shutdown, no restart, no pause, no use PC for other things

@testname2166

3 жыл бұрын

@DEEJMASTER 333" we all live in each other's misery" If it fails, They will sell all these, a large amount of used components will enter the market, dropping the price significantly....

Crypto really fucking up tech consumers being able to afford or even buy tech 💀

@fabian6514.cr3

3 жыл бұрын

hell, the average joe cant even buy a damn tv at a normal price

@50PullUps

3 жыл бұрын

Only in the short term. Once production catches up cryptos will suffer another crash.

@fabian6514.cr3

3 жыл бұрын

@@50PullUps i hope thats what will happen. let it all crash and burn

@juantelle1

3 жыл бұрын

And the environment.. don’t forget about that

@crisnmaryfam7344

3 жыл бұрын

Crypto isnt the primary cause dingus. You havent been paying attention.

The greed of crypto miners is no different to that of oil drillers except they actually make no societal benefit to offset their huge resource drain and waste generation.

@MirekFe

3 жыл бұрын

_I remember the dot-com bubble...._

@FluffyBucketSnake

3 жыл бұрын

You do realize that, economically, nobody can make a value judgement over any form of voluntary business, yes?

@crisnmaryfam7344

3 жыл бұрын

Supply demand... also applies to the shortage (and high cost) of certain devices... not just crypto alone doing it.... its mass adoption and integration. Not only do our computers and gpu's use silicon, but so do our mice, our keyboards, our navigation units in cars, down to the freaking heated seats in your grandmas buick... People fail to realize how "Smart" everything has gotten lately. All the amazon alexa google home nonsense everywhere... but sure... blame crypto miners lmao.... the hair dryer or curler your wife uses with temp safety controls... yep.. those too. ITs EVERYWHERE. Mcdonalds with massive ipads you can place your order from now... We can go on for days about all the devices that have popped up in the last 2 years nobody is attributing to the shortage... all while pointing at crypto... Everyone replacing their smart phone every year... for that all new iphone X LMNOP version 15... We are consumers.. and we consume.. Everything.

@crisnmaryfam7344

3 жыл бұрын

you also fail to realize the societal benefit of crypto as a whole. Tells me you have no understanding of it other than what you have watched on these videos that pump the audience full off nonsense click bait.

@fieldrat9046

3 жыл бұрын

@@crisnmaryfam7344 Your straw man argument holds no water. But I do thank you and your entirely altruistic crypto endeavours which are in no way for self enrichment but are for the incalculable benefits as listed above.

Next crypto: Mining in Ram Afterwards: Mining in RGB peripherals.

@M3PH11

3 жыл бұрын

the rgb mining thing is already real. there are virus that do that

@stilgharc

3 жыл бұрын

@@M3PH11 Wow didnt know that thanks for the info sir. Does the virus also works in Linux OS? or is it just the Windows OS?

@092_deepak_kumar3

3 жыл бұрын

A RAM based crypto currency, that's not a bad idea.

@mataskart9894

3 жыл бұрын

ngl would kinda want that to happen, it seems like we can't have everything at normal prices and have to trade, I'd trade all the shortages for an RGB shortage in a second if I could...

@nooflebot

3 жыл бұрын

@@stilgharc Windows only at the moment. Linux is very secure and the only RGB software I know of that supports it is open source so it’s been proven to be clean of viruses.

Chia is killing SSDs in 6 weeks, that coin won't last long like that...

@jonathanozik5442

3 жыл бұрын

Only the plotting stage. The farming stage is almost idling.

@nielsbishere

3 жыл бұрын

I've been plotting for weeks and only 4% of my ssd endurance went down, wys

@bodowissemann7874

3 жыл бұрын

Same here been plotting for many weeks with my cheap ssd without problems... and the drives storing the Plots are not doing much.

@LnsTchTps

3 жыл бұрын

that's why you use enterprise ssds

@TheFourthWinchester

3 жыл бұрын

@@nielsbishere SSD endurance doesn't work like that. Your ssd can become unstable and unusable at any point.

I'm beginning to hate mining.

@VFPn96kQT

3 жыл бұрын

What took you so long? 🤔

The 980 Pro I was about to buy is up $150 in a couple weeks ripperoni

@darkmaster4598

3 жыл бұрын

😔😔😔

@riufq

3 жыл бұрын

rip

@_shadow_1

3 жыл бұрын

I'm lucky I bought my crucial P5 1tb nvme on sale for $104 a few months ago on amazon...looked back at it now and it's up to +$140

@Subhrajyoti

3 жыл бұрын

@@_shadow_1 same I bought the 1 tb P2 for 150 dollars Now it is 210 dollars

@_shadow_1

3 жыл бұрын

@@Subhrajyoti how fast is the P2? The P5 is way to fast for my slow wifi to take full advantage of it's speed, but games load almost instantly which is nice.

Crpyto miners really just like to make everyones life more difficult huh

We are now in a trading game. Trade one shortage for another.

@youtubeminute4388

3 жыл бұрын

Just buy one pc part per year ez

@floppa_9530

3 жыл бұрын

sadly it isnt trading more like Gotta catch em all

@shawndiaz7528

3 жыл бұрын

Wish there was an exchange happening instead of an increasingly long list of IOUs from the crypto industry to the consumer market

@deoxal7947

3 жыл бұрын

I will make that trade. I got a new SSD last year and will be set for a while. I'll probably reuse it when I can finally get a new graphics card and CPU.

@AbhishekPal-uf7my

3 жыл бұрын

I built a PC… and now I just need a GPU without having to pay 3times

Ah yes, just when i needed to extend my storage

@rapflapfl

3 жыл бұрын

Same

@ediodimacaroni

3 жыл бұрын

Good thing I bought a terabyte of ssd storage a while ago

@TEENYcharma

3 жыл бұрын

They still have a whole selection of seagates at my local Costco

Soon It will be Impossible to build a computer or Buy a laptop or any parts without Spending Years worth of salary/pay

I wonder how environmentally friendly Chia is going to claim to be when they're most likely going to cause huge resource mining to make the drives because of the drive shortages.

everything in tech industry now is getting expensive. send it to the moon!

you could not possibly understand just how much I absolutely despise crypto

@Alice.59

3 жыл бұрын

if you can't fight them, join them !

@bloodstyle

3 жыл бұрын

@UCRfQa5-0qKub0L6gMUxWQ6g It's based on Unicorns.

@entertainmenttogo6974

3 жыл бұрын

@@Alice.59 true dude

@umurkaragoz

3 жыл бұрын

@@Alice.59 So many people said the same thing about Nazis. That's the only reason we still remember them. We have a chane stay the fuck away from the the wrong side of the history.

@StreetSmrtNtrmt

3 жыл бұрын

I also couldn't understand

Whats next? Using RGB as a mining cryto tool?

@knection1986

3 жыл бұрын

If that's a concept id be a millionare 🤣

@Scyth3934

3 жыл бұрын

hi niktek!

@ysbrandd

3 жыл бұрын

I'd say using your PSU but the RGB would speed it up!

@Chron1k73

3 жыл бұрын

Don’t worry, we’re working on such a project already

@Chron1k73

3 жыл бұрын

@Masiosare II just wait for it mate 😉

I'm so done with crypto currencies already.

@alphastudio15

3 жыл бұрын

Bro I was just thinking the same thing, any time anyone talks about bit coin it just drives me nuts

@kt249

3 жыл бұрын

Same. This is getting out of hand.

@mataskart9894

3 жыл бұрын

I mined for a few weeks on my GPU while it was idle and earned over 100$, but have also already gotten bored of it existing, I just want a GPU at a decent price(the reason why I don't care if my current one dies due to mining)...

@deoxal7947

3 жыл бұрын

I too want to buy a graphics card, but I also bought eithereum and bitcoin and made money off it. I'm so done with the FED actually

@hermityt1663

3 жыл бұрын

@@mataskart9894 Honestly, it's not people like yourself I have a problem with. One GPU for mining isn't hurting anybody. It's the fuckers that are buying 10, 20, 50, 100 or making factories with 1000's of the them, they are the ones I have a problem with.

Me in a poor ass country: Were they ever cheap to begin with ?!?

@dikshitaravariya836

3 жыл бұрын

Not India right?

@RepositorioInteresante

3 жыл бұрын

@@yusuf792 Memexico

@arthurbttf

3 жыл бұрын

Just like Brasil

@TheFourthWinchester

3 жыл бұрын

It's cheap only in North America. They have ultra low taxes on everything tech related.

@DacLMK

3 жыл бұрын

I can relate too. In Eastern Europe and the Balkan, tech is too expensive for us.

Great...we need storage big time in 2021 (more than ever) and this is what happens. Some BS had to come out (out of nowhere) and ruin the WHOLE computer age. Games and movies are bigger than ever, photos of smartphones and 100mpixel cameras are GIANT.

Chia is like a MASSIVE BINGO card on your harddrive.

@crisnmaryfam7344

3 жыл бұрын

actually I think Bingo has higher chances of winning... I liked the scratch off lotto ticket metaphor.

Remember at the beginning of the year, when they said there was a glut of SSDs on the market and prices were going to drop? Yeah, so much for that. Bloody miners. Though with crypto prices down, now's not a bad time to buy in. So there's that.

@crisnmaryfam7344

3 жыл бұрын

actually you want to buy when its down, and sell when its high.... you have a misunderstanding of how market play works... look around at posts like "BTFD" "buy the fucking dip" yeah... So theres that. Stock market basics apply here, buy low sell high. Supply demand... also applies to the shortage (and high cost) of certain devices... not just crypto alone doing it.... its mass adoption and integration. Not only do our computers and gpu's use silicon, but so do our mice, our keyboards, our navigation units in cars, down to the freaking heated seats in your grandmas buick... People fail to realize how "Smart" everything has gotten lately. All the amazon alexa google home nonsense everywhere... but sure... blame crypto miners lmao....

@crisnmaryfam7344

3 жыл бұрын

the hair dryer or curler your wife uses with temp safety controls... yep.. those too. ITs EVERYWHERE. Mcdonalds with massive ipads you can place your order from now... We can go on for days about all the devices that have popped up in the last 2 years nobody is attributing to the shortage... all while pointing at crypto... Everyone replacing their smart phone every year... for that all new iphone X LMNOP version 15... We are consumers.. and we consume.. Everything.

It's like they try to create crypto coins specifically to prevent me building a new PC.

@zwenkwiel816

3 жыл бұрын

Shit guys, he's onto us.

I have a small 4TB farm that I plotted in 2 weeks for fun. then gave up on it as I didn't want to kill my SATA SSD drive. not worth it right now until they have a pool, right now it feels like a lottery pool and everyday your chance keeps on diminishing as more people keeps on plotting. once there's pool in place as well you will need to replot anyway.

@KartonRealista2

3 жыл бұрын

Nonce

We should really start mining on human stupidity. We'd never run out of those.

Remember how a year ago we were joining forces to fold at home and look for stuff that could be used to find a cure for COVID-19 ? Cryptocurrencies are an embarassing waste of computing resources.

@dkt6408

3 жыл бұрын

waste? Is free money waste?

@SomeNot

3 жыл бұрын

@@dkt6408 it’s only money because another idiot thinks it is.

@kurtmaupin93

3 жыл бұрын

It’s definitely not just “free money” - You still have to put in loads of your own resources (in the form of electricity, hardware, and time), and you have to be ok with the external implications (global hardware shortages, massive excess energy use often generated through burning coal, supporting scalpers, and the opportunity cost of actually doing something useful with all that effort)

@deoxal7947

3 жыл бұрын

@@dkt6408 It's not free though. All money is based around the time, effort, and energy used to get it. Money is like an ether and when centralized banks manipulate it, they make waves and sometimes they turn into tsunamis.

@deoxal7947

3 жыл бұрын

Still not as embarrassing as central banks in recent years. I understand the reason for the central bank near the founding of the US, but I don't think they'd like what they're doing now.

Exactly when I'm thinking about buying one...

@user-kp1js6cb2s

3 жыл бұрын

I bought one when i first heard about chia. Prices are the same at least for now tho

@alenasenie6928

3 жыл бұрын

Be quick, prices haven't spike yet on the ssd, just in the hdd, also, ssd are not really needed a lot, I am doing it fully with hdd for now, when pool releases I will use like half of the lifetime of my most durable ssd to populate my 20TB and that should be enough for now, then I will be on the lockout for cheap alternatives on hdd and likely use the money to also add good ssd to my system, is unlikely that a person with a good ssd will break it with less than 70TB, since the amount ob TBW is 10 to 15 times the space used and any good one is 1000 to 2000 TBW and they are releasing ones with a lot more because of this.

@TheFourthWinchester

3 жыл бұрын

@@alenasenie6928 Here HDD prices are the same but SSDs have increased by 10-15%

@user-kp1js6cb2s

3 жыл бұрын

@@TheFourthWinchester I think in my country only prices for big HDDs are increased

NOW YOU WANT OUR STORAGE? thanks, crypto miners for killing the self pc build industry

@GameMaker3_5

3 жыл бұрын

Reject powerful PC, return to Vista and earlier era PC builds...

@Luxalpa

3 жыл бұрын

Also killing the software industry with it. Enterprise customers also have to pay way more now for storage than they used to.

@paulelderson934

3 жыл бұрын

This is the case for everything when it suddenly becomes profitable for the average joe. When people found out there was gold in certain places they literally built entire towns and lived in them just so they could "make a quick buck". It destroyed ecosystems and left ghost towns, but humanity collectively doesn't care about side effects when making money is involved. It's just less relatable because now they're data streams through electronics and not something you can physically do. I imagine the prices of pickaxes, horses and steel rose quite a bit during the gold rush as well.

@franktao8337

3 жыл бұрын

@@paulelderson934 and then these same people shit on billionaires for being morally corrupt or whatever

@PaveMentman

3 жыл бұрын

--- @@franktao8337 Aye, mainly because it's always much more easier to have a spot-/limelighted "scapegoats" who also happens to be on a high-hierarchy position most of the times. Like sure, majority of times these lots are seemingly living in their delusional-bubbles. But frankly, the same indeed can be said about the "average-joes": Having a spine / taking responsibility of own actions just is something that more and more often people are enabling to avoid ( especially with things such as "right to be forgotten" is simply and outright gutpunch to archive-culture, you know, to people who would actually want to practice the "learn from the history so it won't repeat itself"-mantra (( yeah-yeah, there also those "tracker"-things and such "blahblahs". But I am primarily exaggerating to literal deletion of collective memories and related things where people would just "poof" out of existence data-wise due "mah feelings don't wanna be be accountable" )) ). ---

I was just about to buy a new HDD and SSD for my server setup, and now everything is like 3x more expensive. I thought I was just looking in the wrong places, but this explains a lot so thank you! :)

@crisnmaryfam7344

3 жыл бұрын

funny thing is storage based crypto has been around for YEARS now... and prices didnt do squat until now... Im guessing it has more to do with the all around silicon shortage than it does with another crap storage based crypto.

@crisnmaryfam7344

3 жыл бұрын

but of course that subject isnt as click bait of a video as the one they have made here....

@jassi9022

3 жыл бұрын

@@crisnmaryfam7344 shut

Imagine, you have all the components but you cant boot up your pc because you dont have any storage.

@Tall_Order

3 жыл бұрын

Gotta go back to booting up your pc with a billion floppies 1 at a time lol Assuming all those floppies aren't ruined from 20 years age and attic heat.

@MrsNotch

3 жыл бұрын

@@Tall_Order i would prefer using usb flash disks lmao

@matekovacs2696

3 жыл бұрын

@@MrsNotch If you aren't mining chia on them

@Tall_Order

3 жыл бұрын

@@matekovacs2696 I wonder if someone will invent a crypto that uses old floppy disks to mine with. I mean theres a ton of blank floppies and AOL disks in peoples garages collecting dust that will never be used for anything. lol

@matekovacs2696

3 жыл бұрын

@@Tall_Order I mean... They could be used for this chia thing, with enough floppy drives in a crazy SATA / IDE megaswitch... Plotting would probably take years, but then it could be fairly efficient.

I'm working on a crypto as well called blow. How you get paid is by how much air the fans in your case can move . This is just getting ridiculous.

@benjaminoechsli1941

3 жыл бұрын

Sounds as environmentally friendly as mining other cryptos, and wears out components quickly, generating e-waste the same way mining other cryptos does... You've got a solid idea, there!

@KillaBitz

3 жыл бұрын

Reminds me of a girl i used to date. I miss her

@deadguy718

3 жыл бұрын

Can you buy blow with it on the dark web?

It’s videos and titles like this that contribute to people panic buying things, leading to an even higher price point

@kratek56

3 жыл бұрын

sheeps :)

@ediodimacaroni

3 жыл бұрын

@@kratek56 you probably think you are so smart when you said that.

@iawindowss4061

3 жыл бұрын

@@ediodimacaroni His name is "My Brain Tremble" he definitely does.

Thank you TechQuickie for introducing this to a wider audience, helping to make the problem WORSE. Did they really not fucking think about the consequences of this video?!

Never ending expenses of having a computer, no thanks to cryptocurrencies

Next up: building a budget $100,000 computer

@samarthbhat7889

3 жыл бұрын

dude probably PC just stops being consumer products and just used for mining, yeah lets goo future !!!!! mobile gaming is where it is at!! ;( unless a computer GEEK FUKTARD starts phone cryptomining ;( ;(

@AdrianDucao

3 жыл бұрын

@@samarthbhat7889 yeah pc be for crypto mining... raspberry pi and raspberry compute modules will be the only thing left for budget consumers

Can’t wait for my everything shortage and paying a grand just to buy a pc able to game.

@Tall_Order

3 жыл бұрын

Its -slowly- *quickly* getting that way. Not just due to crypto miners but inflation and plagues.

@ediodimacaroni

3 жыл бұрын

@@Tall_Order I think this means us gamers have to go outside now. I mean I've been getting some cardio recently.

@mrglaciator

3 жыл бұрын

I planned on getting a new PC, started skateboarding again after 3 years pause.

@zwenkwiel816

3 жыл бұрын

A grand? Lol that MIGHT get you a gpu these days XD

I haven’t noticed a storage shortage just yet, but I’m sure this explanatory video will make it worse.

@Appoxo

3 жыл бұрын

Not really...This got reported on Reddit around 2-3 weeks ago that Chinese citizens are buying all of the stock because of a new crypto hype currency

@samtherat6

3 жыл бұрын

@@Appoxo The impact hasn’t really been felt in the North American market yet. I expect it to grow once pools become a thing, and this video letting people know that pools are thing will definitely accelerate it’s adoption.

@Anankin12

3 жыл бұрын

@@Appoxo yeah but prices here are lower than ever

@7zipx73

3 жыл бұрын

This situation has to be addressed by LTT so the manufacturer can get ready before it gets too late

@haziqshams

3 жыл бұрын

@@samtherat6 that’s how news work buddy.

I'm surprised yall didn't mention the "proof of space and time" method of payment is controlled by servers called "timelords"

What about derbauer tests that kinda show that "proof of space" is still "proof of work" in a way?

@Manamore

3 жыл бұрын

It's proof of work to create the farms but once created it's randomised scanning (that uses low power) for as long as it runs. Burst/Burstcoin is the original hard drive crypto from 2014 and still going okay, but started the honest open source way with no venture capital money to help market it and was the only one using this technology so no shared marketing, but we have been getting a few percent of Chia people coming over lately so that's nice.

Oh great just when I thought Sony was gonna finally reveal compatible m.2’s for ps5 this happens . Well if they do there gonna be expensive af… this sucks

It sounds like a usage case similar to thrashing, if it's not actually thrashing. I've heard Chia promoted as environmentally friendly due to less electrical consumption, but it seems terrible with SSD/NVMe longevity. It seems like it's easier to make BTC mining eFriendly easier than you can Chia mining. Maybe if the RAM/storage ratio is 1:1, that's probably the ideal Chia mining rig and would be best performance possible, of course, the mining algorithm would have to be designed to take advantage of the abundance of RAM.

burstcoin did this like 5 years ago and miserably failed to get any interest

@hovant6666

3 жыл бұрын

Sia did as well, that was even worse and users had to guarantee 24/7 uptime for access to the drive and stored information, which is literally just a datacentre at that point

@TotoGeenen

3 жыл бұрын

Correct, CHIA is pretty much a ripoff from burst. Burst isn't doing too bad lately tho

@drkastenbrot

3 жыл бұрын

@@TotoGeenen wait it is? last time i went to check my significant stash of burst the network literally did not work because of how abandoned it was. well good i still have the key around, if burst goes up this is gonna be yet another bright year for me.

@TotoGeenen

3 жыл бұрын

@@drkastenbrot yee, burst is in the lift. The old devs did indeed abandon it after they made people unkowingly dual mine BHD. But the new devs are doing great

@Manamore

3 жыл бұрын

Yeah Burst has had at least 3 generations of dev's (founder that disapeared might be a fourth era at beggining), an era from 2014 up until second half of 2017, then one from then until first half of 2019 (the dual mining ones mentioned, big plans for a Dymaxion side chain based on IOTA, but never came through), and now a more down to earth but effective dev team that just recently made a hybrid proof of stake/hard drive mining update that is working really well to keep the coin stable naturally during all these downward market movements and boost volume which will get it listed on more exchanges soon, they have a minimum mining reward update to come later this year then not sure after that (but that sets it up for long term stability).

When linus said you can find a sad for 20 bucks lmao

This should've been called: "Beginner's guide on how Chia works and how to farm it"

Damn those segways are getting smooth I didn't even notice the Segway to Chia

2021: ssds are getting expensive 2022: apples are getting expensive

@ZombieUniverse132YT-channel

3 жыл бұрын

2030: air is getting expensive

Unfortunately at this moment there is indeed no way get a chance of farming any Chia anymore with the current (non-pool) application. Even with a Threadripper, or equivalent processing power in multiple plotting pc's with Core i7's or i9's, the growth rate of the Chia netspace is so much higher than how fast you can create plots, that you won't get below something like 6 months to 'earn' one Chia. I do wonder if pools will be interesting, because since there are so many people jumping in, the investment in fast ssds, a high-threadcount cpu(s), ram and harddrive storage may exceed the revenue by far. You can do some calculations, using the official data on the chiaexplorer website. We have to see where it's going. I hope it will get better.

@Luxalpa

3 жыл бұрын

It's not going anywhere. Just like BTC it's just another get rich quick aka pyramid scheme.

A little offside question, but can’t proof of work be used for the fold@home project?

@matekovacs2696

3 жыл бұрын

The devices that can mine proof-of-work 'currencies' (AKA graphics cards) can and are sometimes used for noble distributed computing causes like Folding@Home.And it is great. Crypto miners should do that instead. But we aren't living in that world. We are living in one centered around selfishness and exploiting others (AKA capitalism).

@michaelmarx1405

3 жыл бұрын

@@matekovacs2696 I meant it a Little different: If I got this right, which some others say I don’t and others say i do🤷‍♂️ For mining you need a way to take a string, do something workexpensiv with it and than get a short solution, which is easy to proof. So my idea was: Take this string, compile this into an f@h task and than use the solution of this for proof. As a side effect you’d support the f@h network.

Very good video, thanks.

Glad i got my mining setup months ago, yes on the plus side

Can China make some space in Xinjiang so we have a place to send the miners and their relatives to?

I'm starting to hate crypto currency. I thought it was stupid before, but now I think it's horrible for the tech economy.

@toli7176

3 жыл бұрын

Agree, i hope crypto currencies will get obsolete somehow so those stupid shortages can stop

@dkt6408

3 жыл бұрын

probably because you fell for a clickbait title.

@Katojana

3 жыл бұрын

@@dkt6408 Its not clickbait tho.

@dkt6408

3 жыл бұрын

@@Katojana hhhmmmm, kind of, imo

@Katojana

3 жыл бұрын

@@dkt6408 how so? crypto crazes have raised the prices for graphic cards to ridiculous heights. Why do you think this is different?

Thankfully my 7 year old ssd has given up on me in February, so I have fresh one already in use for my pc 🙃🙂

Holy crap . I guess the gaming gods are on my side . I bought a 2080 super 7 months before the announcement of 30 series and the chip shortage and I just bought an NVME about 3 weeks ago to play modded fallout

@HilltopGaming

3 жыл бұрын

Pretty much same. I got a used 2070 back in early December right before the prices started to skyrocket (the price wasn't great then either, but compared to literally anything right now, I'd buy it thrice at the price I paid), and got my NVMe drives prior to that with no upcharge. My Ryzen 9 3900XT can literally get me double if not more than what I paid for it new. (at least that's what it currently costs new. eBay tells a different story) I'm shocked I was able to build what I did prior to everything getting ridiculously expensive. Shit's insane.

Damn! Bad news! :( I remember how cheap they were 1-2 years ago.

derbauer made a video about it, wish you couldve mentioned it. TLDR: he spent 5k on ssd earned 0$ so far

@jabuki2

3 жыл бұрын

His video is pure clickbait. Chia setup guide spells out plotting write endurance VERY clearly. A 3.6PB write endurance SSD can make over 3000 plots. if someone puts go-cart tires on a Porsche to make a crappy video, you don't go around calling the Porsche trash. Plotting is the most insignificant part of chia. He could keep that drive online for years to come using almost no power. Chia isn't proof of work. it is a long-term decision to support new technology.

You mean those 7 drive bays in my full sized tower from 2010 may actually be useful? Neat.

Me who bought a hard drive yesterday for the same price it’s been on Amazon for 2 years- laughs in 4tb

Well, 12.7EiB now, let's see how much it does increase a day after this video

@chlorobyte_projects

3 жыл бұрын

Can't wait for it to surpass Google's storage

We can't catch a freakin break.... We just can't anymore... Miners making shit more expansive by the day... Scalpers freakin buying everything in existence....

@crisnmaryfam7344

3 жыл бұрын

funny thing is storage based crypto has been around for YEARS now... and prices didnt do squat until now... Im guessing it has more to do with the all around silicon shortage than it does with another crap storage based crypto.

@hazimreitz

3 жыл бұрын

@@crisnmaryfam7344 yeah... After googling... They prefer to use high capacity hdd instead of ssd because it kept breaking their nvme drives. And most of them that uses ssd are using sata ssd or cheaper m.2. but saying that... Ssd prices in my country at least is still in normal prices.

Could you maybe explain the difference between 'MB' and 'MiB', 'GB' and 'GiB' ect?

yeah anthony mentioned this in april I grabbed a hard drive Immediately sure enough the drive I bought is now 15 dollars higher then it was a month ago.

Imagine blowing up a cryptocurrency yourself to drive the cost of SSDs up

This cryptocurrency makes even less sense than the others

@Veetiful

3 жыл бұрын

Just because you dont understand something does not mean it does not make sense.

@crisnmaryfam7344

3 жыл бұрын

@@Veetiful NO they are actually right on this one, Im a huge crypto person and this is bogus lol.

@samarthbhat7889

3 жыл бұрын

@@Veetiful said every miner who sold their soul to buy scalped GPUs or made bots to buy GPUs, XD XD XD i hope you suffer losses dude, you are part of the problem

@crisnmaryfam7344

3 жыл бұрын

@@samarthbhat7889 lmfao as a matter of fact I own a whole 2 Gpu's 1 1660ti and 1 3080, paid LESS than msrp for Both ty vm. You can continue being part of the problem spreading FUD though! Have Fun!

My 4 TB hard drive have a problem so I kept an eye on 8TB hard drives… the price shot up twice as it used to be for a Barracuda…

Great! Now I will also need to buy an used SSD if I want decent storage. Wasn't it enough with the graphics cards?

It's literally just bingo lmao

@Amplifimusic

3 жыл бұрын

@Techquíckie really good effort, but the í isnt quite right lmao

this will be a self fulfilling prophecy, just like the gas price

@dkt6408

3 жыл бұрын

@Techquíckie stfu

I got curious about SSD price. 1/28/2021 I bought a SAMSUNG 970 EVO Plus SSD 250GB - M.2 NVMe Interface Internal Solid State Drive for $48. That same drive now is $65

Given the recent development with the Microsoft Windows 'winget' package manager, you should do a video on package managers.

Chia farmers generally purchase hard drives between 10TB and 18TB for 20-25 USD per terabyte. This isn't going to affect prices of standard 2TB disk drives that many consumers have in their PCs. Enthusiast grade SSDs with less than 500TB of write endurance are also not commonly used for plotting, as they would wear out in under a month. As a result, the impact of chia mining on regular consumers is way overblown.

@TheFourthWinchester

3 жыл бұрын

Until the manufacturers realize they will make way more profits by stopping the low capacity drive production and increase the enterprise grade SSDs and high capacity HDDs. Then everything will cost more.

@jean-paulbeirouti8889

3 жыл бұрын

High capacity HDDs and enterprise grade SSDs use different manufacturing processes than their mass-market counterparts. The manufacturers cannot use their current mass-market factories to produce enterprise grade components without retooling them, which costs a significant amount. Instead, they are more likely to create new fabs to match the increased demand.

I think it's time to go back to floppy disks

@jonathanozik5442

3 жыл бұрын

Don't give them ideas!

@deadguy718

3 жыл бұрын

Next crypto: Mine with CRT monitors and floppy drives!

This makes me very sad because last year I bought a 1 TB nvme at basically the market peak. I was then parting out an old laptop that had a 1 TB optane and sold it for $100. Although current nvme prices aren't significantly higher it's at least 20 to 30% up in value. I literally got the market wrong twice

I wonder what would be the plot production time with regards to a RAM disk and HDDs

Oh my GOD. *Crypto needs to GO* it is going to cause the goddamn PC market to skyrocket and no one is going to be able to buy a decent priced computer for 10 years.

@lakshayasinghal258

3 жыл бұрын

Damn right. Crypto has completely destroyed the pc market and continues to find more ways to do so. Not to mention the environmental harms it brings.

@federico2407

3 жыл бұрын

If most people wont be able to buy a decent computer everything will be cloud-based, making cloud companies earn a lot of data and money and, since now tech companies rule the world and that's what they want to happen, that's probably going to happen, maybe crypto will be one of the causes but that's going to happen anyways

@timramich

3 жыл бұрын

There's an agenda behind it. More people ditching Windows means the system is losing control. Kind of hard to make open source stuff illegal, so the next best thing is just a hardware shortage. That, and if people don't have computers, what do they need stuff like VPNs for?

@IBISZ15i18

3 жыл бұрын

Not bothered

@probablykasper

3 жыл бұрын

High demand is actually a great thing because it brings down prices. More production = economies of scale

Im too poor to afford it, and now its getting worse

Where do you guys get your stock music from?

If you check the most popular drives on pc part picker. Price haven't tripled or doubled like they have for GPUs at all.

When the dark ages come I will pay for my rent in SSDs.

Well the race has already been lost on this one. 0/10 not signing up to fuel someone else getting rich...

I'm just going to install some of my old hdds I havent thrown out. Got about 3tb laying around. That way I can still play games on my nearly full up system.

I just bought a new one recently. it was 35 quid on amazon, 500GB ADATA SX8200 Pro. No shortages here.

I prefer a world without crypto than a world with shortage of everything that could mine at least 0.000000001 btc per hour

Hope this doesn't effect flash storage

@Blood-PawWerewolf

3 жыл бұрын

It will. Since SSDs. uses the same technology as USB sticks and SD cards.

Him: you need ssd! my pc: haha...

@cryptocrewuniversity476

3 жыл бұрын

T•h•a•n•k•s=f•o•r= W•a•t•c•h•i•n•g=d•o•n't f•o•r•g•e•t=t•o= s•u•b•s•c•r•i•b•e•=A•n•d= k•e•e•p =i•n= t•o•u•c•h=o•n W•h•a•t•s•A•p•p•=w•i•t•h=m•e (+1:3:4:7:7:3:6:0:8:6:8)♒

3:51 kek, google has actually been deleting accounts which has weird "encryped" like files actually. One of my friends were going on about that

Great! I can't wait for a new crypto that rewards you for your "proof of display" so we, normal and cultured PC users, can't even purchase display monitors.

@matekovacs2696

3 жыл бұрын

'Proof of Intelligence'... A coin to mine with your brain Not many people would turn a profit, it seems.

@groszak1

3 жыл бұрын

"proof of Apple" so we have an Apple shortage

"SSDs are getting expensive" me who lives in a third-world country and has been stuck with a HDD for a solid 3 years: Bruh

@crisnmaryfam7344

3 жыл бұрын

I live in the US and was on HDD until just last year (2020)

So I swapped cases for an old Intel build I have and now I can't use dual channel ram configurations. Can you do a video on what possibly happened?

This looks like a very innovative idea.

This crypto mining crap is getting old real fast im seriously hoping the fed taxes it all in to oblivion a nice 90% tax on crypto should do it that will put a end to this mining bs real damn fast as there wont be no money to make in it. Now not only do you need high end video cards but high end cpus ssds and tons of ram

@avonire

3 жыл бұрын

Honestly!

@VivekGawande1

3 жыл бұрын

Such a waste of energy

@ferfiti

3 жыл бұрын

@@VivekGawande1 Incredibly bad for the environment as well and they produce no real value. Bullshit is what it is.

@crisnmaryfam7344

3 жыл бұрын

@@frankie5373 that will only drive the prices up further lmao. You guys clearly know nothing about crypto other than what LTT has told you, and let me tell you they are wrong on a LOT.

Basically you’re giving storage space to some random network, kinda sus. Also, this seems like a very insecure way to store info.

@krzychhoo

3 жыл бұрын

@Techquíckie Please guys don't fall for this scam, obviously fake.

@_--9286

3 жыл бұрын

I doubt people watching these vids would fall for it but who knows

Would love to see a Chia farm in the LTT server room

is intel's Optane better for endurance?