I'm curious about the functionality of Chia coin. Could someone explain what it's used for and what its main purposes are in the cryptocurrency world?
6 answers
Sara
Sat Nov 09 2024
This shift from processing power to storage space is a significant change in the cryptocurrency mining landscape.
MysticChaser
Sat Nov 09 2024
Chia represents a unique cryptocurrency that revolutionizes the mining process.
KatanaSword
Sat Nov 09 2024
Unlike traditional proof of work cryptocurrencies like Bitcoin, Chia's mining is dependent on the amount of hard disk storage space dedicated to it.
ZenMindful
Fri Nov 08 2024
Chia's mining, referred to as farming in Chia parlance, utilizes storage space as the primary resource.
ZenBalance
Fri Nov 08 2024
The platform behind Chia is Chia Network Inc., a California-based company.