Proof-of-storage based cryptocurrency. The article says when it became non-profitable, the drives were reset so their smart stats would appear new, and sold them as such.
Sure is, this would fall under fraud at the very least; but laws only stop those willing to obey them. Now it’s a matter of figuring out who to punish.
I’m guessing this is nothing to do with the plant that can grow on amusing terra cotta sculptures?
I came here to say. If so this is huge.
Proof-of-storage based cryptocurrency. The article says when it became non-profitable, the drives were reset so their smart stats would appear new, and sold them as such.
https://en.m.wikipedia.org/wiki/Chia_Network
Seems like that should be illegal, like changing the odometer on a car, but what do I know.
Sure is, this would fall under fraud at the very least; but laws only stop those willing to obey them. Now it’s a matter of figuring out who to punish.