Major German hosting provider Hetzner has banned mining on its servers after users started mining the cryptocurrency Chia. The ban affected cloud servers, hosting services and storage servers.
Hetzner explained that “the use of servers for storage in the process of mining leads to problems with the bandwidth of the host systems”.
Mit der Bandbreite auf den Host-Systemen. Beim Chia-Mining kommt noch das Problem hinzu, dass die Festplatten durch die vielen Lese- und Schreibvorgänge extrem belastet werden und deshalb kaputt gehen werden. 2/2
— Hetzner Online GmbH (@Hetzner_Online) May 19, 2021
Hetzner’s largest storage BX60 offers 10TB for €47.48 per month.
We recall that the Chia Network uses Proof-of-Space and Proof-of-Time [proof-of-space and proof-of-time] consensus algorithms.
Experts estimate that Chia mining reduces the lifespan of a 512GB SSD from five years to two months. Coin creator Bram Cohen claims this does not apply to corporate SSDs or hard drives.
Chinese SSD maker Galax said it was denying warranty coverage for SSDs that were mining Chia.
Cloud computing platform Amazon Web Services had earlier offered to use its system to mine the coin, but removed the information from the site on the same day.
In relation to this news, Burstcoin is worth a look. BURST uses a brand new mining algorithm called POC and most importantly, it does absolutely no harm to your SSD/HDDs.
This type of mining, as we have already noted, is fundamentally different from the well known ways of mining crypto. What is crucial here is the availability of free space on your hard drive, and your willingness to use it to mine the currency.
The main advantage is that you don’t need any more hardware besides your computer, and the disk subsystem is loaded rather moderately, which has a positive effect on the energy efficiency of mining. All mining processes are completely safe both for the hard drive itself and for the environment.