What is Chia (XCH)? How to Farm It With a Hard Drive
Instead of Bitcoin’s proof of work consensus mechanism, Chia uses a novel “proof of space” model that uses storage space on hard drives.
Chia Network
Instead of Bitcoin’s proof of work consensus mechanism, Chia uses a novel “proof of space” model that uses storage space on hard drives.
Traditional investors may be able to get in on the Chia (XCH) crypto without having to ever buy the digital asset thanks to IPO plans.
Jun.02 — Gene Hoffman, CEO at Chia Network Inc, discusses the company’s cryptocurrency farming technology and how it could be greener and more secure than both Bitcoin and Ethereum. He…
Company’s appointment ahead of green, decentralized cryptocurrency’s adoption by multinationals and governments SAN FRANCISCO–(BUSINESS WIRE)–Chia Network, Inc., a new energy-efficient decentralized blockchain founded by Bram Cohen, today named Mish…
Chia XCH/USD launched its mainnet on March 17, with the first transaction going through on May 3. This is in response to the idea of having cryptocurrencies reduce the carbon…
After causing hard drive shortages in Southeast Asia, demand for HDDs and SSDs to farm the proof of space cryptocurrency has spread to Europe.
Research by Context shows just under 200,000 enterprise-grade nearline storage devices of 10TB capacity were sold to end-users in Europe this April.
Growing demand for hard and disk drives has been recorded ever since the appearance of the “green” cryptocurrency Chia (XCH), which utilizes spare storage space for verifying blockchain transactions. The…