Not sure why it needs to be in a heated shop. In the shop you need 2-4 chains at best. For storing extra chains I have mine on the outside of the building. I know some of you think they will all disappear but not where I live.
I have a 1/4 inch by 2 inch flat iron 4ft long, on each end is a 2X2 block welded on. Bolt this to the wall with 2inch space behind flat iron. First one is mounted at 5-7 ft off ground. I hang the 2 hooks up and grab the middle of the chain and throw it over the hooks and no chain freezes to the ground in winter. at 4 ft off the ground another one. this is for shorter chain same way. Binders hang on 2 more that are 1 ft long and stacked 3 high. so one at 3-4 one at 5 ft and 1 at 7 ft off the ground. You mentioned a barrel and I would say if you want it in the shop I would do exactly that except I would build 4 bars in a 2ft square and mount it above the barrel about 2-3 ft.. gives you 8 ft of flat iron too hang hooks and throw the chain in the barrel. with good wheels one it you could spin it around and move it when in the way. Have a different size or length of chain on all 4 sides and you would know where to grab from and hang back up.
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