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How is Chia useful? I just looked at their website and don't see what differentiates from other cryptocurrency. I see you mine with hard drive space rather than
by ALittleLight 6y ago
How is Chia useful? I just looked at their website and don't see what differentiates from other cryptocurrency. I see you mine with hard drive space rather than compute (like FileCoin) but I don't get why this would be useful.
- dazaidesu 6y agoa couple of hard drive lookups every few minutes uses orders of magnitude less power than asics & gpu hashing
- geerlingguy 6y ago...but consumes orders of magnitude more drive space.
- VectorLock 6y agoI don't know if anybody has done the math on how much energy/CO2 it costs to construct a hard drive vs. used in PoW mining with GPUs or ASICs but I'd love to see it.
- ALittleLight 6y agoThat means it doesn't have the same cost as bitcoin. That says nothing about why Chia coin is useful. Can I do anything with it, or is it one of those things where I buy it now in the hopes other people will buy it from me for more later?
- thruflo22 6y agoTake a look at https://chialisp.com https://chialisp.com It’s a functional language for smart contracts.