What is HDD mining?

HDD Mining, also known as “storage mining”, is the process of obtaining encrypted currency based on hard disk storage . Unlike traditional mining based on graphics processing units (also known as GPU mining), hard disk miners use hard disks to generate new data blocks in the distributed ledger and receive rewards.

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What drives bit coin?

Conversely, Bitcoin prices are influenced by the following factors: The supply of Bitcoin and the market’s demand for it . The cost of producing a bitcoin through the mining process. The rewards issued to Bitcoin miners for verifying transactions to the blockchain.

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Can you mine Chia on HDD?

Yes you can absolutely farm chia on an external hard drive . ‘Farming’ is just the mining equivalent for chia. However if you are not using an SSD as your temporary storage drive and doing it on a hard drive your plotting process will be quite slow.

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