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Bitcoin rival Chia 'destroyed' hard disc supply chains, says its boss

Chia, a cryptocurrency intended to be a green alternative to bitcoin, has led to hard disc shortages – much to the surprise of Gene Hoffman, the president of Chia Network ....

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Chia Networks Launches 'chia' - An Energy Efficient Bitcoin Alternative

May 3, 2021 08:31 EDT
Chia Network Inc, an energy-efficient blockchain network aiming to overcome the drawbacks of traditional cryptocurrency platforms such as Bitcoin and Ethereum has announced its native digital currency chia today. The announcement was widely expected after reports surfaced last week for a Monday launch. Through chia, Chia will reward farmers (analogous to miners) with coins in return for providing their storage disks for financial transactions. The process stands in sharp contrast to Bitcoin mining, which uses Graphics Processing Units (GPUs) for mining, with chia using storage space often from Solid State Devices (SSDs).
Chia Network s chia Cryptocurrency Aims To Resolve Traditional Constraints of Mining ....

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