What is Chia (XCH)? How to organize with a hard drive

Cryptocurrency mining has made headlines – and it's not a good type. There is increasing attention to the environmental impact of crypto mining, particularly the energy-intensive proof-of-work (PoW) mining used by Bitcoin and (for now) Ethereum. Chia wants to replace all that with "proof of space and time", a new consensus mechanism that uses storage rather than processing power to secure the network. Its creators claim that working cryptocurrencies like Bitcoin are safer, more distributed, and less wasteful than their evidence – and has already proven its popularity among miners who use hard drives needed to 'work'. Here's how it works and how to get started as a Chia farmer. What is chia? Chia is a blockchain, digital currency and smart transaction platform aimed at cross-border payments, escrow services, and corporate custody. Developed by Bram Cohen, creator of BitTorrent, Chia was originally conceived in August 2017 and launched in May 2021; farming rewards will go online in March, and the cryptocurrency will be available with transactions activated in May. It has attracted big names like Andreessen Horowitz and Galaxy Digital and has ambitious plans to create "a configurable international commercial bank faster than Bitcoin". Where chia differs from other cryptocurrencies, its unique consensus mechanism is 'proof of space and time', the method by which the blockchain is secured. Chia was developed by Bram Cohen, inventor of BitTorrent. How does chia work? What is the proof of space and time? Chia uses a unique consensus mechanism (the system that guarantees the integrity of a blockchain). In cases where Bitcoin uses a proof-of-work model based on processing power and blockchains like Flow and Cosmos use proof of stock, Chia uses something called 'proof of space and time'. Rather than letting powerful computers compete for solving math problems, Chia uses hard drives (HDDs) and

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