#203 – Storage and Chia Cryptocurrency Farming

#203 – Storage and Chia Cryptocurrency Farming

Chris EvansGuest Speakers, Storage Hardware

This week, Martin and Chris delve into cryptocurrency mining in a lengthy discussion on Chia with Robert Novak. Chia is a new cryptocurrency technology that differs from previous online currencies in that the basis for earning rewards (or coins) is based on the volume of data stored on disk, rather than raw compute performed. Rob takes the team through a discussion of the difference between the processes that earn currency, explaining how Proof of Work and Proof of Stake has evolved to Proof of Space and Time with Chia. Rob goes on to explain how …