Topic: Chia Cryptocurrency (Read 1679 times)
The situation with this coin can be assessed by the jump in prices for hard drives, the first payback was high, with low complexity, as soon as the complexity began to grow, and the payback, too, the price of drives began to fall and the result was stabilization again. I'm not talking about reading the lifespan of hard drives.
Chia is a cryptocurrency that mines depending on the amount of hard disc storage space dedicated to it instead of processing power, as is the case with Proof of Work cryptocurrencies like Bitcoin. Chia Network is the firm that established the platform.
Hi there! In case somebody needs free XCH.
Please do not hesitate to use our faucet: https://chia-faucet.com/
We support both testnet and mainnet. You may get up to 0.05XCH (~13USD) every hour (will be increased in the future)
Please do not hesitate to use our faucet: https://chia-faucet.com/
We support both testnet and mainnet. You may get up to 0.05XCH (~13USD) every hour (will be increased in the future)
I lost faith in this currency. Around 100tb of plots generates almost zero income. I will leave in August if nothing will be changed
is`s look like SCAM ..when they start talk about Farming Coin.. calculations were amaizing, then they sell all primine and DUMP this Coin ... sux !
my ROI is like 30 years
better to stop and sell hdds buy 10 Graphics ...
100kg HDD-s VS 5kg Graphics SAVE THE PLANET?? Fuck Elecrticity
I lost faith in this currency. Around 100tb of plots generates almost zero income. I will leave in August if nothing will be changed
Leave what? It's a shitcoin. What did you expect?
I lost faith in this currency. Around 100tb of plots generates almost zero income. I will leave in August if nothing will be changed
Is there in ANN thread created for CHIA in the forum?
The project is becoming very big in China and I think the Chinese miners who dont have the capability to move out of China will be selling their rigs to buy equipment to farm CHIA.
The project is becoming very big in China and I think the Chinese miners who dont have the capability to move out of China will be selling their rigs to buy equipment to farm CHIA.
A very good point to open farming to new pools because Hpool already took a big part of market share!
The current low price helps to keep a "normal" netspace and it's worth to mention
The current low price helps to keep a "normal" netspace and it's worth to mention
Chia presented the official code for mining pools because of the huge demand, developers gave priority to portable pools over static ones. To participate in the pool, no guarantee deposits or a minimum balance are required, the user can create rafts and immediately receive payments. https://github.com/Chia-Network/chia-blockchain/releases/tag/1.2.0
Is this the era of Dogecoin and its type? Yeah, there are some doggy coins, meme coins, and also other shitcoins. For newbies like me, I will not choose this kind of coin because I think that it is very risky. I cannot analyze whether the best chance to buy and then sell the coins. So, I personally better to avoid this. But so far, I see many people are trapped in this kind of coin and they only follow the hype, and it's branding.
It looks like the Chia Netspace has hit a stump, can't go up forever
Exactly!The netspace hits the top now, it becomes interesting because it gives more visibility of your investment and the ROI becomes more stable.
It looks like the Chia Netspace has hit a stump, can't go up forever
A few months back the project was getting all attention from media and I too installed on my PC. Mined some coin, was slow and took up almost all my space so uninstalled it. Didn't knew it was going to be so huge, trading over $315 at the moment with 35% daily rise. Those Chinese hard disk hoarders might have made a fortune out of it.
New functioning U.S. based chia pool running now.
https://www.ttdpool.com
This is the first functioning US based chia pool that I know of.
This pool does not require you create new plots. It allows you to use your already created solo plots.
This pool will never threaten the 51% attack because all users are still running their own node.
You can switch between pool mining and solo mining by simply closing the client.
You will be paid for your contribution on each winning block you are running the client on.
Feel free to use the contact page to ask any questions or to report problems.
https://www.ttdpool.com
This is the first functioning US based chia pool that I know of.
This pool does not require you create new plots. It allows you to use your already created solo plots.
This pool will never threaten the 51% attack because all users are still running their own node.
You can switch between pool mining and solo mining by simply closing the client.
You will be paid for your contribution on each winning block you are running the client on.
Feel free to use the contact page to ask any questions or to report problems.
HPOOL doesn't require your private key to be sent.
You run an offline tool that generates a signature that you paste into your config.yaml file, but you never send your private-key outside of your cage.
Even solo-mining with chia-network, you must sign your plots with your private-key to prove that you are the owner.
Why to people continue to lie, and never quit these lies?
I suspect to keep people solo mining and earning zero.
You run an offline tool that generates a signature that you paste into your config.yaml file, but you never send your private-key outside of your cage.
Even solo-mining with chia-network, you must sign your plots with your private-key to prove that you are the owner.
Why to people continue to lie, and never quit these lies?
I suspect to keep people solo mining and earning zero.
No project can become a competitor to bitcoin in long term, whatever the idea about the project but still someone is behind the project who can change at any time but its not the same with Bitcoin, the satoshi was unknown,is unknown and will be unknown so no government can catch him and put a stop for the project which replaces the current fiat system.
There is no need to try and compete with btc or any other project per say, their focus should be providing a unique alternative to btc type of project which majority will worthy enough to participate, btc is no more easy to mine, if chai can be easy it will bring more people to be part of it, competition is not always the case.
Concerning Chia, it's pure luck for people who are farming solo, it's the main problem.
This one should be considered the difficulty of mining this coin using solo farming the chance like what you have said
is base on luck or chances is really slim.
But if there are good offer from this coin and the usablities of this project allows more people to enjoy the service then
there's a chance that it will bring something inside the market.
I agree with you, this service can have a potential but the architecture of the distribution of blocks / coins is really fuc°°°.
in 30 days difficulty from 47 to 747 
this train is gone...
https://www.chiaexplorer.com/charts/difficulty?period=1m
It had never gone, I have just checked and researched on chia network and discovered it's a good and reputable and promisable project, the fact that it's listed on almost all of the best cryptocyrrency exchange speaks good about it and possibly will take time to shows her development into the crypto mainstream. Trading volume is sufficient to utilize the coin to reach her goal. Chia network is a good project but can't be used to compare with bitcoin, you can compare it with EOS, NEO, ETH, Stellar and other blockchain. this train is gone... https://www.chiaexplorer.com/charts/difficulty?period=1m
i am running 300plots more than 3 weeks... no luck to catch any block
... 5time total blackout need to restart my farm and sinhronised again.... then read forums.. and funny a lot of people writing ..non responding and deleting questions on reddit..By FARMING yes, you need time, and good Weather conditions, here
nobody know what is going on behind , just wait and wait and dificulty rise up.... i think this is like stupid newer ending DRAG RACE !You should stop to farm in solo mode and finally to join a pool, you will not have to bet on luck and also you will avoid many blackout problems.
i wait for .. You CAN NOT USE POOL mining without to SEND PRIVATE KEY .... MY PRIVATE KEY TO THE POOL ??
... this is the biggest mistake !and finnaly if this RUSH is only for FEW runners
POINT in FARMING IS that anyone can own a small plots ... point for good SHITCOIN is That all the people can be a parto of it... not only FEW people that own 10000 HARD DRIVES
if every PC user can farm chia beside regular work.. then this will be a REAL GREAT COIN !
Right now the price is decrease almost 50% from the ATH and i try to farm in HPOOL but my income keep decreasing every single day, for those people who want to try to do this (farm) the new requirement is 1TB.
Chia requires users to devote a large amount of hard drive space to generating and storing random numbers, with gifts being distributed to those who have the most of the space running out. That, coupled with the skyrocketing value of cryptocurrencies, has caused enormous demand for certain types of hard drives that work best with the system.
Most affected are large hard drives, which are used to store random numbers, and a certain type of solid-state drive (SSD) called an NVMe drive, which is used to generate random numbers. Prices for both types of drives have gone up markedly in the past week, according to David Gerard, a cryptocurrency expert and author of Libra Shrugged. The problem is especially acute for SSDs, which have a limited number of uses before they break.
Most affected are large hard drives, which are used to store random numbers, and a certain type of solid-state drive (SSD) called an NVMe drive, which is used to generate random numbers. Prices for both types of drives have gone up markedly in the past week, according to David Gerard, a cryptocurrency expert and author of Libra Shrugged. The problem is especially acute for SSDs, which have a limited number of uses before they break.
No project can become a competitor to bitcoin in long term, whatever the idea about the project but still someone is behind the project who can change at any time but its not the same with Bitcoin, the satoshi was unknown,is unknown and will be unknown so no government can catch him and put a stop for the project which replaces the current fiat system.
There is no need to try and compete with btc or any other project per say, their focus should be providing a unique alternative to btc type of project which majority will worthy enough to participate, btc is no more easy to mine, if chai can be easy it will bring more people to be part of it, competition is not always the case.
Concerning Chia, it's pure luck for people who are farming solo, it's the main problem.
This one should be considered the difficulty of mining this coin using solo farming the chance like what you have said
is base on luck or chances is really slim.
But if there are good offer from this coin and the usablities of this project allows more people to enjoy the service then
there's a chance that it will bring something inside the market.
I agree with you, this service can have a potential but the architecture of the distribution of blocks / coins is really fuc°°°.
in 30 days difficulty from 47 to 747 this train is gone...
https://www.chiaexplorer.com/charts/difficulty?period=1m
It had never gone, I have just checked and researched on chia network and discovered it's a good and reputable and promisable project, the fact that it's listed on almost all of the best cryptocyrrency exchange speaks good about it and possibly will take time to shows her development into the crypto mainstream. Trading volume is sufficient to utilize the coin to reach her goal. Chia network is a good project but can't be used to compare with bitcoin, you can compare it with EOS, NEO, ETH, Stellar and other blockchain. this train is gone... https://www.chiaexplorer.com/charts/difficulty?period=1m
i am running 300plots more than 3 weeks... no luck to catch any block
... 5time total blackout need to restart my farm and sinhronised again.... then read forums.. and funny a lot of people writing ..non responding and deleting questions on reddit..By FARMING yes, you need time, and good Weather conditions, here
nobody know what is going on behind , just wait and wait and dificulty rise up.... i think this is like stupid newer ending DRAG RACE !You should stop to farm in solo mode and finally to join a pool, you will not have to bet on luck and also you will avoid many blackout problems.
in 30 days difficulty from 47 to 747 this train is gone...
https://www.chiaexplorer.com/charts/difficulty?period=1m
It had never gone, I have just checked and researched on chia network and discovered it's a good and reputable and promisable project, the fact that it's listed on almost all of the best cryptocyrrency exchange speaks good about it and possibly will take time to shows her development into the crypto mainstream. Trading volume is sufficient to utilize the coin to reach her goal. Chia network is a good project but can't be used to compare with bitcoin, you can compare it with EOS, NEO, ETH, Stellar and other blockchain. this train is gone... https://www.chiaexplorer.com/charts/difficulty?period=1m
i am running 300plots more than 3 weeks... no luck to catch any block
... 5time total blackout need to restart my farm and sinhronised again.... then read forums.. and funny a lot of people writing ..non responding and deleting questions on reddit..By FARMING yes, you need time, and good Weather conditions, here
nobody know what is going on behind , just wait and wait and dificulty rise up.... i think this is like stupid newer ending DRAG RACE !Jump to: