Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: PeaMine on January 12, 2021, 05:56:37 AM



Title: 2021 Storage based coins you can mine?
Post by: PeaMine on January 12, 2021, 05:56:37 AM
Hello! I remember BURST being one of the first coins I think, to offer POW via how much hard drive space you had.
Then Storj and Filecoin and such.
Filecoin seems to be gigantic in trade volume, though mining it literally requires super servers with 128GB of RAM or more, correct?
Unlike BURST and such where you could use a Rasp PI and some old HDDs.

I also learned about IPFS being the hot new thing, which seems to be sort of like a new way of doing things.
However I am not sure what the "true" coin is for it, or if that's like asking about what coin Cryptonight uses(being an algorithm, many coins of course)
Looks like that might be the way things are going?

What are you using your SSD and HDD space for, and with which projects?
What do you predict will be "the winner" to actually compete with dropbox and such.

Thanks!


Title: Re: 2021 Storage based coins you can mine?
Post by: Maxstl007 on January 12, 2021, 06:24:40 AM
There isn't many interest on proof of capacity I believe, when it was first introduced years ago many thought POW finally have a worthy opponents but till this day people prefer mining with GPU, CPU and Asic, I read somewhere online how such coins are profitable when they are still new, which of course will requires not so large hdd space but as time goes on it became less Profitable