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  • neon 🍄
    Apr 23, 2021
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    edited
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    1 reply
    ymstizzy

    school me on chia. ive never heard of it till this thread friend.

    instead of using GPUs or ASICs to run Proof of Work it uses Hard Drive Space called Proof of Space & Time

    so it uses 1/300th the energy and unlike Proof of Stake it doesn't reward the people with the biggest bags

    it has a Smart Contract platform & Token standards like Ethereum

    the devs seem to be competent and have been keeping up with their release schedule which is shocking in this space lol

    they're working on a Chia DEX right now

    it's in the very early stages Mainnet is only a month old

  • Apr 23, 2021
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    1 reply
    donalddrumpf

    Yes keep buying the dips, until they keep dipping and then you’ve gone from very positive to negative like last time

    Most of you guys held bags for years while a few people like myself got out near the top and had some money to use during the bear market

    I still have a majority of my positions and sold a little bit of stuff last fri

    You don’t have to like my advice, but it served true last time. Buying when this market is heated and has already caught media attention for months isn’t worth the risk, unless maybe you want to flip, then that is different as I will do that a bit as well

    Even if say btc goes up to 80-110k, not worth buying at higher prices to hold long term for me b/c you know one day btc will be cheaper than here

    Buying at 20-30k was a diff story

    Edit: And I hope I am wrong considering all my non retirement investments are in crypto rn (but not BTC, since I am banking on alts going crazy on the rally back)

    so sell half right now and hold that fiat to dca in bear market?

    I mean I'm not spending that money anyway and just holding it for retirement, so why take it out of the blue chip coins if you don't want to deal with taxes

  • Dip is already over
    I wanted some $8 theta please go back down

  • Apr 23, 2021
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    1 reply
    neon

    bringing on a 5th Chia plotting node this Saturday

    I should be cranking out at least 48 plots a day

    have a room filled with buzzing computers

    Good god

    Im just plotting on my gaming PC 5 a day

  • neon 🍄
    Apr 23, 2021

    Comp hitting new ATH

  • neon 🍄
    Apr 23, 2021
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    2 replies
    Keekaroo Jackass

    Good god

    Im just plotting on my gaming PC 5 a day

    I still have 140 TiB to fill

  • neon

    I still have 140 TiB to fill

    Im still fillin up my 16tb after that idk what to do

  • Apr 23, 2021
    ragedsycokiller

    so sell half right now and hold that fiat to dca in bear market?

    I mean I'm not spending that money anyway and just holding it for retirement, so why take it out of the blue chip coins if you don't want to deal with taxes

    All depends on your situation, time frame, and if you are looking to make a major purchase or another investment

    When I was speaking about possibly topping out, that is just for btc by the way

    I am expecting a recovery to at least 55-60ishk, and that is where alts should go insane. So I am not bearish on total market, just possibly BTC (and there is a chance this is just a correction and we go up again, but I always like taking some profits off the table when rising hard).

    I actually think we should see HIGHER alt prices, coming from someone most think is super bearish

    I sold some eth at 2500 and about 1/2 my vechain last week as its done really well, just to mostly cover me in case things drop

    Just have a plan if prices drop and make sure you can stick through it

    I like to sell off in pieces and there is a portion of my portfolio (mostly eth and a couple alts) where I won't sell for a long time

  • Apr 23, 2021
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    2 replies
    neon

    I still have 140 TiB to fill

    You got actual PCs runnin or like raspberry pi's? I dont wanna build a PC that will be useless after ive plotted my space

  • Kr0niic ☘️
    Apr 23, 2021
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    1 reply
    Keekaroo Jackass

    You got actual PCs runnin or like raspberry pi's? I dont wanna build a PC that will be useless after ive plotted my space

    If this helps I’m running the chia program on my pi4 using 40tb of hard drives plugged into a usb hub lol

  • Kr0niic ☘️
    Apr 23, 2021

    Time to win = 15 hours

  • Apr 23, 2021
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    1 reply
    Kr0niic

    If this helps I’m running the chia program on my pi4 using 40tb of hard drives plugged into a usb hub lol

    Only $75 for the 8gb version

    Can you plot in parallel?

  • Kr0niic ☘️
    Apr 23, 2021
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    2 replies
    Keekaroo Jackass

    Only $75 for the 8gb version

    Can you plot in parallel?

    I’m doing 4 at a time right now and it seems to be working

    I got the 4gb version so maybe the 8 can do more. Not sure. I just did a quick google and that’s what people said the max was for the pi to handle or the CPU will throttle

  • Apr 23, 2021
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    1 reply
    Kr0niic

    I’m doing 4 at a time right now and it seems to be working

    I got the 4gb version so maybe the 8 can do more. Not sure. I just did a quick google and that’s what people said the max was for the pi to handle or the CPU will throttle

    On a raspberry pi you can plot 4 at a time in parellel that cant be right bro

  • Kr0niic ☘️
    Apr 23, 2021
    Kr0niic

    I’m doing 4 at a time right now and it seems to be working

    I got the 4gb version so maybe the 8 can do more. Not sure. I just did a quick google and that’s what people said the max was for the pi to handle or the CPU will throttle

    I’m also running a Plex server on it with 30TB of drives and I can still direct play on it at the same time

  • Kr0niic ☘️
    Apr 23, 2021
    Keekaroo Jackass

    On a raspberry pi you can plot 4 at a time in parellel that cant be right bro

    bro I just chose 4 and it been working. I havnt checked my cpu usage at all… could be super throttled rn for all I know

  • Kr0niic ☘️
    Apr 23, 2021

    Gonna remote ssh into it rn and see

  • Kr0niic ☘️
    Apr 23, 2021
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    2 replies

    99.9% CPU usage and 98 degrees Celsius temps

    S***s bout to start a fire imma halt the chia process and see if I should just do 2 when I get home

  • Kr0niic

    99.9% CPU usage and 98 degrees Celsius temps

    S***s bout to start a fire imma halt the chia process and see if I should just do 2 when I get home

    Lmaooo

  • Apr 23, 2021
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    1 reply
    Kr0niic

    99.9% CPU usage and 98 degrees Celsius temps

    S***s bout to start a fire imma halt the chia process and see if I should just do 2 when I get home

    Are they finishin though?

  • Kr0niic ☘️
    Apr 23, 2021
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    2 replies
    Keekaroo Jackass

    Are they finishin though?

    As said above it says 15 hours to win was at 4 days 4 days ago

  • Kr0niic ☘️
    Apr 23, 2021

    Bout to hop to 2 days when I cut the parallel plots down

  • Apr 23, 2021
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    1 reply
    Kr0niic

    As said above it says 15 hours to win was at 4 days 4 days ago

    This is insanity everyone got $1k+ plotting builds and you're tellin me the $55 raspberry pi works just as good

  • Kr0niic ☘️
    Apr 23, 2021
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    1 reply
    Keekaroo Jackass

    This is insanity everyone got $1k+ plotting builds and you're tellin me the $55 raspberry pi works just as good

    Wouldn’t say just as good. But hell it works

  • Kr0niic ☘️
    Apr 23, 2021

    But those 1k plotting builds with NVME ssd’s gonna be feasting