I’ve heard that about SS chain. But, the “weak link in your chain [of logic]“ speaking metaphorically is typically one’s own anchor. That is, your anchor is likely to pull out or start dragging long before your SS chain would snap a link, if you’re even ever there; at least if the chain is in good condition. The advertised breaking strength for new 5/16” Suncor SS chain is above 9000#. About the BEST anchor one can buy, say, for a 40-ft boat will pull out or start dragging before reaching around 5000# according to static tests. To experience near 5000# of wind force on the boat, according to calculations, you’d have to be anchored in a 42-kt gale and receiving its full measure, etc. For most of us that might never happen, but every time you deploy and then recover chain, you will get the “volcano” chain pile The OP describes.