[meepmorp]

> As you can see, (the scale is in Petabytes), the space used is growing uncontrollably, and has already reached 7 Exabytes.

Judging by the graph in the article, it was 1 exabyte in late April, under a month ago. Wow.

[Vespasian]

Who buys up all the farmed coins on these new cryptocurrencies.

It is really just speculation fever?

[hn8788]

I came across a subreddit, I forget its name though, thats sole purpose was pumping up new cryptocurrencies, hoping it would catch the attention of casual crypto investors. They'd pick a day to sell off whatever cryptocurrency they had pumped up, then repeat it was some other no-name cryptocurrency.

[guimoz]

Yes. And miners tend to hold their coins so the supply remains moderately low. A bit like the OPEC.

[scohesc]

There's been an absolute metric crap-ton of interest generated since the media has started picking it up and taking about it 2-3 weeks ago. It seems like it's one of the first crypto offerings that relies not on constant CPU/GPU usage, but just proof of "storage" from what I understand.

Very interesting.