Chia Crypto Could Be A Greener Cryptocurrency

Share post:

Chia crypto is one of the recently launched cryptocurrencies that many consider “green,” because Chia Mining is based on the amount of hard disk space

Bitcoin and other cryptocurrencies are primarily based on computing power.

While Chia relies on disk space, it should be noted that it has attracted a lot of miners who have tried everything they can in an effort to earn more from mining.

Faced with high demand and limited supply, inventory prices soon rose as storage space became scarce.

Another aspect of the Chia cryptocurrency is that it wears out consumer-friendly SSDs during the plot creation process, forcing storage device providers to change their warranty and refund policies.

For more information, read the original story in ZDNet

Featured Tech Jobs

SUBSCRIBE NOW

Related articles

Is OpenAI critical infrastructure? Hashtag Trending, Friday April 26, 2024

OpenAI wants you to think about them as critical infrastructure.  Meta’s stock tanks as Zuckerberg delivers his future...

Spotify CEO confesses to “rough times after layoffs” – stock price rises

In December, Spotify CEO Daniel Ek announced the largest round of layoffs in the company's history, cutting 1,500...

IBM acquires HashiCorp in strategic purchase – investors unimpressed

IBM has announced the acquisition of HashiCorp, a well-known provider of open-source tools for infrastructure automation, for $6.4...

Zuckerberg shares his vision with investors and Meta stock tanks

In an era where instant gratification is often the norm, Meta CEO Mark Zuckerberg’s strategic pivot towards long-term,...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways