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Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Sethrey on July 06, 2021, 08:49:48 AM



Title: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on July 06, 2021, 08:49:48 AM
A few weeks ago, hard drives began to fall in price, and some models are already 2 times lower than the May values. Everything is clear here: over the past month, the price of Chia has fallen by 3 times.

It becomes obvious why there is no hype for hard drives. Even if you imagine that in 2 months you will receive your 2 coins (2 Chia per block), then this will give you only $ 530. While we spent nearly $ 6,000 on 5 drives. With ever-increasing complexity, with a random chance and a falling cryptocurrency in price, it is impossible to return the investment.

So let's think about what other coins we can mine and earn.

1. Dogecoin (https://dogecoin.com/). New blocks are discovered approximately once every minute on the Dogecoin network. For comparison, Bitcoin blocks are discovered approximately once every 10 minutes.
2. Monero (https://www.getmonero.org/). A Monero block is mined every 2 minutes, and we know that the current reward for mining transaction block is 4.99 XMR. So, by doing the simple math, we know that 1 XMR is mined every 24 seconds.
3. Crypton (http://utopia-ecosystem.com). You will receive Cryptons every 15 minutes (block generation time). You will also get Proof of Stake rewards on your Minimal Monthly Balance.

On the whole, such coins are worth mining as they're more eco-friendly than Bitcoin is, it requires less time for mining and fewer investments for mining.

Which eco-coin do you prefer more? Or green coins are just kind of hype now?


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sebahl on July 07, 2021, 01:44:28 PM
Chia is an interesting concept, since it is the only real green way to have a Nakamoto type consensus algorithm. The success of the chain will solely depend on in which direction the Chia company is heading and how much adoption they can drive. I am mining it in a pool with some hard drives, that I was planning to buy anyway. If it becomes super unprofitabel to mine, I will just use the drive space for other purposes - datahoarding :D


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: 7deadlyBTCIN on July 07, 2021, 03:08:14 PM
Honestly I'm not saying that this chia project is a total failure but it's far from green energy mining like many thinks, this coin isn't easy to mine like ravencoin or even ETH, using terabytes of HDD and plotting with higher end Servers or CPU will draw watts power you've never prepared for, o don't see different in mining ETH and Chia when it comes to power efficiency


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: FP91G on July 07, 2021, 03:29:03 PM
Therefore, I only mine on video cards.
Comrades who invested in CHIA mining have recouped their investments and it may take another 6-12 months. Dogecoin is mined on ASICs, Monero is better to mine on processors.
I haven't heard anything about Crypton. But while Ethereum mining is relevant, I do not plan to mine other coins.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Vann on July 07, 2021, 04:26:58 PM
The new beta version is finally ready. You can download chia-plotter for windows v0.1.2 from here:


SCAM DOWNLOAD FROM A NEWLY CREATED GITHUB ACCOUNT

  • NFT plot support
  • increased work speed
  • New params:
         -c, --contract arg Pool Contract Address (64 chars)
  • Bug fixes

^^^^^^^^^^^^^ SCAM DOWNLOAD FROM A NEWLY CREATED GITHUB ACCOUNT

Only download the Windows MadMax plotter from the original stotiks Git repo or build it from source.

https://github.com/stotiks/chia-plotter/releases


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sebahl on July 10, 2021, 12:24:51 PM
Honestly I'm not saying that this chia project is a total failure but it's far from green energy mining like many thinks, this coin isn't easy to mine like ravencoin or even ETH, using terabytes of HDD and plotting with higher end Servers or CPU will draw watts power you've never prepared for, o don't see different in mining ETH and Chia when it comes to power efficiency

Just the on-ramp cost is expensive. The CPU intensive plotting. But after that the HDDs don't draw much power. So there is a huge difference plotting once and then farming vs. GPU mining, which continuously draws a lot of power.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: btc-room101 on July 11, 2021, 03:35:10 PM
Well except for the problem is that all chia shit coins call for you to replot every few months, so this re-plotting and killing your nvme's needing a super-computer to make new plots never ends;

Doubt me just check out this new NFT plot deal where they're telling everybody U MUST REPLOT again, the scam just never ends.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Bitcoin_Arena on July 11, 2021, 11:31:25 PM
Just the on-ramp cost is expensive. The CPU intensive plotting. But after that the HDDs don't draw much power. So there is a huge difference plotting once and then farming vs. GPU mining, which continuously draws a lot of power.
Drawing a lot of power doesn't matter if one is mining a profitable coin using the GPUs. The problem with Chia is the coin price has plummeted sharply over the past month, and we don't know how far it's going to drop. I am sure there are people who spent a lot of money buying the HDD's when the profitability was promising, but are now stuck because of the current situation. I hope the risking pay off after some time.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: anu1908 on July 13, 2021, 05:14:34 AM
Drawing a lot of power doesn't matter if one is mining a profitable coin using the GPUs.
i think his point is that op believes chia is eco-friendly and more efficient compared to other coins, which might not be as black and white as op think.

not to mention chia is relatively more difficult to mine if you don't have enough capital, and rely a lot on pure luck to mine a block.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: swogerino on July 13, 2021, 06:14:56 AM
Drawing a lot of power doesn't matter if one is mining a profitable coin using the GPUs.
i think his point is that op believes chia is eco-friendly and more efficient compared to other coins, which might not be as black and white as op think.

not to mention chia is relatively more difficult to mine if you don't have enough capital, and rely a lot on pure luck to mine a block.

Exactly.Chia is more difficult to give a shot than with GPU-s,you need a lot of hard drive space which is very costly nowadays,a powerful processor and lots of ram.You can easily win more by GPU mining right now and the price of Chia falling is another red flag for me that things are not going well for Chia miners and most probably this won't change for a while.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Skinny48 on July 13, 2021, 06:33:14 AM
I nearly fall for chia mining and now I'm so happy that I don't, all I have in my mind is wait till official pool gets here even when I've already seen good server powerful enough to easily handle chia plotting at a very affordable price now I invested that money into graphic cards instead


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on July 13, 2021, 12:46:06 PM
Hmm, I don't know. I don't like what is happening in the crypto market. In addition, using the example of chia, I am suspicious of the projects that Elon Musk praised. Also, given the current trends, green projects are likely to be popular. Therefore, perhaps krypton is the best solution. IMHO


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Bitcoin_Arena on July 13, 2021, 10:51:32 PM
Hmm, I don't know. I don't like what is happening in the crypto market. In addition, using the example of chia, I am suspicious of the projects that Elon Musk praised. Also, given the current trends, green projects are likely to be popular. Therefore, perhaps krypton is the best solution. IMHO
Wait when the bear market finally sets in for months or a couple of years. That's when we shall separate men from boys. The coins that keep fighting on and the coins that will die a tragic death. Most of this green projects and coins shit will go down the drain and by the time we are ready for the next bull run people will have already cried, accepted what happened and moved on.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on July 15, 2021, 04:04:02 PM
Therefore, I only mine on video cards.
Comrades who invested in CHIA mining have recouped their investments and it may take another 6-12 months. Dogecoin is mined on ASICs, Monero is better to mine on processors.
I haven't heard anything about Crypton. But while Ethereum mining is relevant, I do not plan to mine other coins.

Well, CRP is now mined as a part of huge promo action for miners https://bitcointalk.org/index.php?topic=5349259.new#new Maybe it will be interesting for you also. As between all the mentioned coins, it seems to be the greener one as it's mined on internet connection only.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: btc-room101 on July 16, 2021, 06:34:29 AM
Hmm, I don't know. I don't like what is happening in the crypto market. In addition, using the example of chia, I am suspicious of the projects that Elon Musk praised. Also, given the current trends, green projects are likely to be popular. Therefore, perhaps krypton is the best solution. IMHO
Wait when the bear market finally sets in for months or a couple of years. That's when we shall separate men from boys. The coins that keep fighting on and the coins that will die a tragic death. Most of this green projects and coins shit will go down the drain and by the time we are ready for the next bull run people will have already cried, accepted what happened and moved on.

BINGO we have one who can see;

The only thing green about chia is that plants like feces.

Today at 100TB ( $3k USD of hdds ) earns you a whopping $5/day ROI; Think how much ETH u could earn with $3k gpu's ( if properly shopped ); When XCH(CHIA) hits' $40 it will be $1/day for 100TB (1,000 plots); That's when the cost of electricity is more than your earning. Lights go out.

Bitcoin & ETH are like rocks compared to the 'green feces'; Crypto by nature is computational, and that is energy; There are no perpetual motion machines and there are no free-energy cryptos, nor will there ever be.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: ZeeeN on July 16, 2021, 07:17:48 PM
chia is interesting concept and need time for development

if you compare to dogecoin ATH at 8 may  price around 0.7 usd today around 0.17 usd it same fallen 3 times

about profit we don't know in future chia price jump or always falling and change to shit coin with zero profit

only time will tell


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: HardCore12V on July 19, 2021, 06:22:57 AM
There is nothing that can come close to proof of work mining algorithm, it's only a matter of time and you will see that most new projects claiming to be green energy mining are nonsense, better buy GPUs and start mining instead of chia mining with SSD and HDD


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Branko on July 19, 2021, 08:23:34 AM
Always the same...its stupid to predict what will happen, this early


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on July 22, 2021, 01:55:56 PM
Please note that on 1 PC you can run up to 50 mining bots, in case if you use LCX or Docker. It will multiply your income in so many times. I think there will be really many participants. People were waiting for something like that. Especially as this mining is eco-friendly.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Branko on July 23, 2021, 11:50:54 AM
Please note that on 1 PC you can run up to 50 mining bots, in case if you use LCX or Docker. It will multiply your income in so many times. I think there will be really many participants. People were waiting for something like that. Especially as this mining is eco-friendly.


Care to explain? You discovered some exploit to use 1TB, but present it to network as 50TB?


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on July 27, 2021, 10:58:14 AM
Please note that on 1 PC you can run up to 50 mining bots, in case if you use LCX or Docker. It will multiply your income in so many times. I think there will be really many participants. People were waiting for something like that. Especially as this mining is eco-friendly.
Wow, I hope that you will have success during this promo! As far as I remember, the prize pool in this bounty is quite large. I will not stop rejoicing at how the project is a success and enjoys growing popularity among users.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on August 03, 2021, 08:45:13 AM
I found information that the developers of Utopia are not going to stop and plan to please users with a few more promos until the end of 2021.
I think this is a great opportunity to learn more about the project and earn a crypt.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on August 04, 2021, 10:31:50 AM
I found information that the developers of Utopia are not going to stop and plan to please users with a few more promos until the end of 2021.
I think this is a great opportunity to learn more about the project and earn a crypt.

And where did you get the info? All I know is that the mobile version of Utopia p2p has to be released till the end of the year. I've checked all their social networks and hadn't seen any proof. Maybe you've learned it from the Utopia channels? As I not always have time to check for all the messages there.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on August 08, 2021, 03:18:30 PM
Yes, I have seen discussions in the thematic channels of Utopia. I managed to notice that users there always find out the news first, often even before their official presentation.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Metroid on August 08, 2021, 04:12:50 PM
on bullruns coins come from nowhere and with inflated price as soon as the bullrun ends, few weeks after that to few months coins die, has been like this since 2011, I remember when btc came, 97% of coins are dead, trust me even eth had a scimitar on its neck ehhe, what kept eth project running was that eth devs sold a lot of their eth when it rose around 700 usd in 2018. So they had enough money to cover the project in the bear market time.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Bitcoin_Arena on August 09, 2021, 08:39:07 PM
what kept eth project running was that eth devs sold a lot of their eth when it rose around 700 usd in 2018. So they had enough money to cover the project in the bear market time.
I think the mass adoption of the Ethereum network is what saved it. By 2018, the ICOs and all those other tokens launched on its network made it skyrocket, widely used. Even in the bear market, it remained the most popular network for tokens.

Look at all the "Ethereum killers" that came afterwords... NEO, TRON, EOS. Non is anyway close to Ethereum's success.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: fmz89 on August 11, 2021, 06:27:42 AM
chia profitable only for early adopter, because the growing hdd mining is exponential, and plotting took really long for starter, and random rewards make more gambling rather than mining, even pool helping this things.....


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on August 11, 2021, 10:38:22 AM
chia profitable only for early adopter, because the growing hdd mining is exponential, and plotting took really long for starter, and random rewards make more gambling rather than mining, even pool helping this things.....
I don't think that anything can help it anyhow to survive. Time shows that it's epoch is coming to an end as the coin is slowly dying. Everyone who wanted to earn money on it - already did that. So I believe more in coins like Crypton as it's self-financed, free to mine and more people are dedicated to it due to the huge promo action that is running now. At least no one will lose money on it.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Branko on August 12, 2021, 08:34:36 AM
chia profitable only for early adopter, because the growing hdd mining is exponential, and plotting took really long for starter, and random rewards make more gambling rather than mining, even pool helping this things.....
I don't think that anything can help it anyhow to survive. Time shows that it's epoch is coming to an end as the coin is slowly dying. Everyone who wanted to earn money on it - already did that. So I believe more in coins like Crypton as it's self-financed, free to mine and more people are dedicated to it due to the huge promo action that is running now. At least no one will lose money on it.


CRP, $400k marketcap shitcoin...are you serious?


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Evgenklm on August 12, 2021, 06:29:22 PM
I have 2 SSDs on 2TB and solo mining of chia comes out to me for many years, because of such a high slodnost, it is simply not realistic to mine chia alone, you need to look for a pool where you need to pay normal commissions.In general, this is...


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: OurManInHavana on August 14, 2021, 10:58:00 PM
Which eco-coin do you prefer more? Or green coins are just kind of hype now?

If you're worried about being eco/green, then you're limited to PoS coins. So you should be PoW mining ETH now... and staking it in a 2.0 pool.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on August 17, 2021, 10:01:21 AM
chia profitable only for early adopter, because the growing hdd mining is exponential, and plotting took really long for starter, and random rewards make more gambling rather than mining, even pool helping this things.....
I don't think that anything can help it anyhow to survive. Time shows that it's epoch is coming to an end as the coin is slowly dying. Everyone who wanted to earn money on it - already did that. So I believe more in coins like Crypton as it's self-financed, free to mine and more people are dedicated to it due to the huge promo action that is running now. At least no one will lose money on it.


CRP, $400k marketcap shitcoin...are you serious?
And what can you say about the huge number of complaints from crypto enthusiasts who lost too much money after mining and chia and did not receive actual profit. Read Twitter - there is all the information there.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on August 20, 2021, 10:36:44 AM

CRP, $400k marketcap shitcoin...are you serious?
What will you say about UUSD stablecoin (https://utopiap2p.medium.com/utopia-p2p-introduces-anonymous-usd-stablecoin-backed-by-dai-f9fc213901db)? It is designed to maintain 1:1 parity with the US Dollar. Utopia USD is an anonymous, secure, instant and liquid payment method. It's value is backed by DAI cryptocurrency. Isn't it the currency of future?


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: miner29 on August 20, 2021, 01:28:04 PM

CRP, $400k marketcap shitcoin...are you serious?
What will you say about UUSD stablecoin (https://utopiap2p.medium.com/utopia-p2p-introduces-anonymous-usd-stablecoin-backed-by-dai-f9fc213901db)? It is designed to maintain 1:1 parity with the US Dollar. Utopia USD is an anonymous, secure, instant and liquid payment method. It's value is backed by DAI cryptocurrency. Isn't it the currency of future?

Not sure why you bring this one up….is it mineable? 


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: 0verseer on August 20, 2021, 01:51:07 PM
It burns thru hard drives too fast and users avoid CHIA abused drives like plague since no one wants to risk the safety of their data with things like that. Meaning it is very hard to recoup your investment like with mining GPU. Take with the randomness in mining CHIA like someone already said in this thread then it is no wonder that coin doesn't worth all the hassle. That's why it's going downhill.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: HashingTower on August 20, 2021, 04:46:19 PM
Chia mining is a waste of money on HDD and SSD unless you can get 100s of tera bytes for cheap price though, imagine 100tb giving you 150$ per month? That's so stupid lol, 20TB costs 745$ on Amazon store that's enough to get you decent GPU that will give you 150$ per month, the exact amount you will get with 100TB on chia mining


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Branko on August 20, 2021, 05:02:52 PM
Chia mining is a waste of money on HDD and SSD unless you can get 100s of tera bytes for cheap price though, imagine 100tb giving you 150$ per month? That's so stupid lol, 20TB costs 745$ on Amazon store that's enough to get you decent GPU that will give you 150$ per month, the exact amount you will get with 100TB on chia mining

Only a fool would use GPU for mining when you can use HDDs that spend much less energy. Smart people pay less than $300 per 20TB, and use RAM disk instead SSD


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on August 24, 2021, 10:41:54 AM

CRP, $400k marketcap shitcoin...are you serious?
What will you say about UUSD stablecoin (https://utopiap2p.medium.com/utopia-p2p-introduces-anonymous-usd-stablecoin-backed-by-dai-f9fc213901db)? It is designed to maintain 1:1 parity with the US Dollar. Utopia USD is an anonymous, secure, instant and liquid payment method. It's value is backed by DAI cryptocurrency. Isn't it the currency of future?

Not sure why you bring this one up….is it mineable? 
I think that, moreover, this project seems to me quite reliable and, in turn, promises privacy, in addition to the stability of the course.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: miner29 on August 24, 2021, 01:19:46 PM

CRP, $400k marketcap shitcoin...are you serious?
What will you say about UUSD stablecoin (https://utopiap2p.medium.com/utopia-p2p-introduces-anonymous-usd-stablecoin-backed-by-dai-f9fc213901db)? It is designed to maintain 1:1 parity with the US Dollar. Utopia USD is an anonymous, secure, instant and liquid payment method. It's value is backed by DAI cryptocurrency. Isn't it the currency of future?

Not sure why you bring this one up….is it mineable? 
I think that, moreover, this project seems to me quite reliable and, in turn, promises privacy, in addition to the stability of the course.

So that is a NO this coin is not mineable.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: bitcoin-shark on August 24, 2021, 06:56:33 PM
chia at the beginning, at launch was a good coin to mine its value was high and little space was needed, then the value dropped and more and more people began to mine it now to be able to earn something decently it is necessary to provide at least 50 tetrabite of hard disk space and perhaps the investment is no longer recoverable in a short time, for now as long as it is possible i prefer to mine eth


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on August 25, 2021, 01:54:09 PM
Not sure why you bring this one up….is it mineable? 

It's just interesting for me as I never met a coin that is stable and private at once. Maybe it's something that may be really useful for crypto addicted who wants to save their earnings anonymously and in a stable rate.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Bravehash on August 25, 2021, 03:13:44 PM
chia at the beginning, at launch was a good coin to mine its value was high and little space was needed, then the value dropped and more and more people began to mine it now to be able to earn something decently it is necessary to provide at least 50 tetrabite of hard disk space and perhaps the investment is no longer recoverable in a short time, for now as long as it is possible i prefer to mine eth
Unless if one can get their hands on cheap HDD, I  can get 100TB for 500$ I'm my country and I'm thinking of giving chia farming a try but the plotting side is what pissed me off? Need to get faster CPU and costly NVMe drive to plot faster, kinda not worth it compare to GPU mining


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on August 26, 2021, 08:00:20 PM

CRP, $400k marketcap shitcoin...are you serious?
What will you say about UUSD stablecoin (https://utopiap2p.medium.com/utopia-p2p-introduces-anonymous-usd-stablecoin-backed-by-dai-f9fc213901db)? It is designed to maintain 1:1 parity with the US Dollar. Utopia USD is an anonymous, secure, instant and liquid payment method. It's value is backed by DAI cryptocurrency. Isn't it the currency of future?

Not sure why you bring this one up….is it mineable? 
I think that, moreover, this project seems to me quite reliable and, in turn, promises privacy, in addition to the stability of the course.

So that is a NO this coin is not mineable.
Could you explain why you think so? I'm not very well versed in this, but it seemed to me that this ration combines two strengths.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: miner29 on August 26, 2021, 09:00:01 PM

CRP, $400k marketcap shitcoin...are you serious?
What will you say about UUSD stablecoin (https://utopiap2p.medium.com/utopia-p2p-introduces-anonymous-usd-stablecoin-backed-by-dai-f9fc213901db)? It is designed to maintain 1:1 parity with the US Dollar. Utopia USD is an anonymous, secure, instant and liquid payment method. It's value is backed by DAI cryptocurrency. Isn't it the currency of future?

Not sure why you bring this one up….is it mineable? 
I think that, moreover, this project seems to me quite reliable and, in turn, promises privacy, in addition to the stability of the course.

So that is a NO this coin is not mineable.
Could you explain why you think so? I'm not very well versed in this, but it seemed to me that this ration combines two strengths.

UUSD is running an online bot.  That is not mining...even if they call it that.  PoW is mining.  Nothing they are doing with UUSD or other so called "mining" like Pie network is mining.  Running a Node is not mining.  PoS is not mining. 




Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on September 06, 2021, 12:07:06 PM

CRP, $400k marketcap shitcoin...are you serious?
What will you say about UUSD stablecoin (https://utopiap2p.medium.com/utopia-p2p-introduces-anonymous-usd-stablecoin-backed-by-dai-f9fc213901db)? It is designed to maintain 1:1 parity with the US Dollar. Utopia USD is an anonymous, secure, instant and liquid payment method. It's value is backed by DAI cryptocurrency. Isn't it the currency of future?

Not sure why you bring this one up….is it mineable? 
I think that, moreover, this project seems to me quite reliable and, in turn, promises privacy, in addition to the stability of the course.

So that is a NO this coin is not mineable.
Could you explain why you think so? I'm not very well versed in this, but it seemed to me that this ration combines two strengths.

UUSD is running an online bot.  That is not mining...even if they call it that.  PoW is mining.  Nothing they are doing with UUSD or other so called "mining" like Pie network is mining.  Running a Node is not mining.  PoS is not mining. 



UUSD is not mineable. It's uniqueness is in the fact that it's a privacy stablecoin, moreover, it's decentralized. Crypton coin from the same project is the coin that can be mined. You've mixed everything in one ;)


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: miner29 on September 06, 2021, 01:10:04 PM

CRP, $400k marketcap shitcoin...are you serious?
What will you say about UUSD stablecoin (https://utopiap2p.medium.com/utopia-p2p-introduces-anonymous-usd-stablecoin-backed-by-dai-f9fc213901db)? It is designed to maintain 1:1 parity with the US Dollar. Utopia USD is an anonymous, secure, instant and liquid payment method. It's value is backed by DAI cryptocurrency. Isn't it the currency of future?

Not sure why you bring this one up….is it mineable? 
I think that, moreover, this project seems to me quite reliable and, in turn, promises privacy, in addition to the stability of the course.

So that is a NO this coin is not mineable.
Could you explain why you think so? I'm not very well versed in this, but it seemed to me that this ration combines two strengths.

UUSD is running an online bot.  That is not mining...even if they call it that.  PoW is mining.  Nothing they are doing with UUSD or other so called "mining" like Pie network is mining.  Running a Node is not mining.  PoS is not mining. 



UUSD is not mineable. It's uniqueness is in the fact that it's a privacy stablecoin, moreover, it's decentralized. Crypton coin from the same project is the coin that can be mined. You've mixed everything in one ;)

So we agree UUSD is not mineable.

Please point out where i said anything about Crypton? 

You are the one mixed up and putting words in peoples posts. 




Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on September 07, 2021, 11:51:57 AM

CRP, $400k marketcap shitcoin...are you serious?
What will you say about UUSD stablecoin (https://utopiap2p.medium.com/utopia-p2p-introduces-anonymous-usd-stablecoin-backed-by-dai-f9fc213901db)? It is designed to maintain 1:1 parity with the US Dollar. Utopia USD is an anonymous, secure, instant and liquid payment method. It's value is backed by DAI cryptocurrency. Isn't it the currency of future?

Not sure why you bring this one up….is it mineable? 
I think that, moreover, this project seems to me quite reliable and, in turn, promises privacy, in addition to the stability of the course.

So that is a NO this coin is not mineable.
Could you explain why you think so? I'm not very well versed in this, but it seemed to me that this ration combines two strengths.

UUSD is running an online bot.  That is not mining...even if they call it that.  PoW is mining.  Nothing they are doing with UUSD or other so called "mining" like Pie network is mining.  Running a Node is not mining.  PoS is not mining. 



Thank you, everything is a little clearer now. Although, I would love to know more about it. Because this stablecoin has made a lot of noise on Twitter.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: alexey_ssl on September 09, 2021, 08:04:29 AM
Chia is an interesting thing.
It just dropped prices for HDD. At least in my country.
Because it was a hype-period when all was purchasing HDDs at overprices.
And now as it becomes not such profitable, many-many used HDDs (but with 1.5 - 2.5 year varranty left on it) are on po market.
I was even able to purchase some 4Tb Seagate green new condition for just 50-55 USDs.
It is now farming XCH on Hpool.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on September 09, 2021, 10:17:21 AM
So we agree UUSD is not mineable.

Please point out where i said anything about Crypton? 

You are the one mixed up and putting words in peoples posts. 

I've mentioned Crypton because UUSD and Crypton were launched by one team of Utopia p2p project. And by the way, Crypton already has 31K active nodes. Not all the top coins can show the same result today.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: ZeeeN on September 09, 2021, 07:19:34 PM
Chia is an interesting thing.
It just dropped prices for HDD. At least in my country.
Because it was a hype-period when all was purchasing HDDs at overprices.
And now as it becomes not such profitable, many-many used HDDs (but with 1.5 - 2.5 year varranty left on it) are on po market.
I was even able to purchase some 4Tb Seagate green new condition for just 50-55 USDs.
It is now farming XCH on Hpool.

same as my country no one hype to mine chia anymore in this time.

many people want to sell hdd all of 80TB-200TB.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on September 13, 2021, 07:02:01 PM
So we agree UUSD is not mineable.

Please point out where i said anything about Crypton? 

You are the one mixed up and putting words in peoples posts. 

I've mentioned Crypton because UUSD and Crypton were launched by one team of Utopia p2p project. And by the way, Crypton already has 31K active nodes. Not all the top coins can show the same result today.
Hmm, really? I can call this an impressive result. For a relatively new coin, such figures seem even too large.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: vuli1 on September 14, 2021, 03:56:14 PM
took long enough


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Metroid on September 14, 2021, 04:55:26 PM
Chia is an interesting thing.
It just dropped prices for HDD. At least in my country.
Because it was a hype-period when all was purchasing HDDs at overprices.
And now as it becomes not such profitable, many-many used HDDs (but with 1.5 - 2.5 year varranty left on it) are on po market.
I was even able to purchase some 4Tb Seagate green new condition for just 50-55 USDs.
It is now farming XCH on Hpool.

Very soon will be time for gpus to crash so hard, idiots have been buying overpriced gpus no stopping, making huge farms and all those gpus will be resold 10 times cheaper than they are right now.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Branko on September 15, 2021, 06:41:39 AM
Chia is an interesting thing.
It just dropped prices for HDD. At least in my country.
Because it was a hype-period when all was purchasing HDDs at overprices.
And now as it becomes not such profitable, many-many used HDDs (but with 1.5 - 2.5 year varranty left on it) are on po market.
I was even able to purchase some 4Tb Seagate green new condition for just 50-55 USDs.
It is now farming XCH on Hpool.

Very soon will be time for gpus to crash so hard, idiots have been buying overpriced gpus no stopping, making huge farms and all those gpus will be resold 10 times cheaper than they are right now.

I remember when you wrote this...back in 2017  ;D


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on September 16, 2021, 12:31:13 PM

Very soon will be time for gpus to crash so hard, idiots have been buying overpriced gpus no stopping, making huge farms and all those gpus will be resold 10 times cheaper than they are right now.
I believe that all that hype around chia was created exactly in order to blast the HDD and SSD market, nothing else. Because chia isn't listed anywhere still and I didn't find a person which could earn on it.. It's all a big sad game.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: philipma1957 on September 16, 2021, 12:54:40 PM
Chia is an interesting thing.
It just dropped prices for HDD. At least in my country.
Because it was a hype-period when all was purchasing HDDs at overprices.
And now as it becomes not such profitable, many-many used HDDs (but with 1.5 - 2.5 year varranty left on it) are on po market.
I was even able to purchase some 4Tb Seagate green new condition for just 50-55 USDs.
It is now farming XCH on Hpool.

Very soon will be time for gpus to crash so hard, idiots have been buying overpriced gpus no stopping, making huge farms and all those gpus will be resold 10 times cheaper than they are right now.

Nope you called the crash since jan of 2021 it is now sept 2021 so far you are eight months off.

Gpus are simply not crashing till late 2022 or early 2023.



you made a good call on the 2018 crash. you warned about it dec-jan 2017

So far you crash calls for 2021 are a fail. take a break and start the crash call back up in feb of 2022.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Bitcoin_Arena on September 18, 2021, 11:10:53 PM
Nope you called the crash since jan of 2021 it is now sept 2021 so far you are eight months off.

Gpus are simply not crashing till late 2022 or early 2023.

I believe the ongoing shortage of semiconductors has a huge role to play on how the price of GPUs will be in the next couple of years as they are part of the CPUs and GPUs. This  could mean a reduced supply of GPUs over a period of at least 2 years, keeping their prices high compared to previous years


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: flip4flop on September 23, 2021, 04:29:17 PM
Chia is an interesting thing.
It just dropped prices for HDD. At least in my country.
Because it was a hype-period when all was purchasing HDDs at overprices.
And now as it becomes not such profitable, many-many used HDDs (but with 1.5 - 2.5 year varranty left on it) are on po market.
I was even able to purchase some 4Tb Seagate green new condition for just 50-55 USDs.
It is now farming XCH on Hpool.

Very soon will be time for gpus to crash so hard, idiots have been buying overpriced gpus no stopping, making huge farms and all those gpus will be resold 10 times cheaper than they are right now.

Nope you called the crash since jan of 2021 it is now sept 2021 so far you are eight months off.

Gpus are simply not crashing till late 2022 or early 2023.



you made a good call on the 2018 crash. you warned about it dec-jan 2017

So far you crash calls for 2021 are a fail. take a break and start the crash call back up in feb of 2022.

I mean he cant be right unless he continues to make the predictions every few months or so. That way when it finally happens he can look like a genius despite the numerous calls of the top and being wrong. I was mining and buying back in 2017/2018 when he called the top. I didnt sell then either. I managed to replace my entire GPU mining rigs throughout the last year selling the 1070/1080tis for more than I paid for them during the top in 2018 and got 3+ years of mining out of them.  Bottom line is the top is only the top short term. A year or two of bearish movement and consolidation isnt a bad thing.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: santiPOGI on September 24, 2021, 04:07:36 PM
A few weeks ago, hard drives began to fall in price, and some models are already 2 times lower than the May values. Everything is clear here: over the past month, the price of Chia has fallen by 3 times.

It becomes obvious why there is no hype for hard drives. Even if you imagine that in 2 months you will receive your 2 coins (2 Chia per block), then this will give you only $ 530. While we spent nearly $ 6,000 on 5 drives. With ever-increasing complexity, with a random chance and a falling cryptocurrency in price, it is impossible to return the investment.

So let's think about what other coins we can mine and earn.

1. Dogecoin (https://dogecoin.com/). New blocks are discovered approximately once every minute on the Dogecoin network. For comparison, Bitcoin blocks are discovered approximately once every 10 minutes.
2. Monero (https://www.getmonero.org/). A Monero block is mined every 2 minutes, and we know that the current reward for mining transaction block is 4.99 XMR. So, by doing the simple math, we know that 1 XMR is mined every 24 seconds.
3. Crypton (http://utopia-ecosystem.com). You will receive Cryptons every 15 minutes (block generation time). You will also get Proof of Stake rewards on your Minimal Monthly Balance.

On the whole, such coins are worth mining as they're more eco-friendly than Bitcoin is, it requires less time for mining and fewer investments for mining.

Which eco-coin do you prefer more? Or green coins are just kind of hype now?

If I am going to choose to mine a coin, I would rather go for dogecoin, because every minute it mined through new block discovered.
And I don't have any idea about in CHIA, except for checking it now at the coingecko where it was 192$ each, this is the first time I heard about it. So if the coin development is not doing any good for you, I think its about time for you to find an alternative way to mine other coins. Besides, there are more coins better than this CHIA and cheap but profitable.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: ZeeeN on September 28, 2021, 06:31:31 PM
today price lower to 150usd/xch but weird net space not drop too much.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Apytioh on September 29, 2021, 12:01:24 PM
Hi everybody!
I'm from Russian Bitcointalk and I want to listen what English language crypto community thinking about XCH.
Right now in Kazakhstan im starting building the biggest XCH farming center.
We are going to create more than 50k plotts in the begging of this project.
I know that XCH price right now is too low, but I was waiting to this lows to start it and Im ready for 50-100USD price for Chia.
We are ready to farm for 3 years without any Chia cash outs, I think we need to wait the first halving and then we will see.
Also we are going to farm Chia forks.
What do you think about it? Am I crazy? :)
 


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Branko on September 29, 2021, 04:23:29 PM
Hi everybody!
I'm from Russian Bitcointalk and I want to listen what English language crypto community thinking about XCH.
Right now in Kazakhstan im starting building the biggest XCH farming center.
We are going to create more than 50k plotts in the begging of this project.
I know that XCH price right now is too low, but I was waiting to this lows to start it and Im ready for 50-100USD price for Chia.
We are ready to farm for 3 years without any Chia cash outs, I think we need to wait the first halving and then we will see.
Also we are going to farm Chia forks.
What do you think about it? Am I crazy? :)
 

Yes...much easier to just spend same money by buying XCH if you believe in project that much


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: batsonxl on October 11, 2021, 12:58:24 PM
Hi everybody!
I'm from Russian Bitcointalk and I want to listen what English language crypto community thinking about XCH.
Right now in Kazakhstan im starting building the biggest XCH farming center.
We are going to create more than 50k plotts in the begging of this project.
I know that XCH price right now is too low, but I was waiting to this lows to start it and Im ready for 50-100USD price for Chia.
We are ready to farm for 3 years without any Chia cash outs, I think we need to wait the first halving and then we will see.
Also we are going to farm Chia forks.
What do you think about it? Am I crazy? :)
 
Yes crazy because myself here saw people selling hdd in big amount.1st i wanted buy it then before buying im calculated: 34TB he was selling for 600$. Chia calc showing for 34TB is 1.25$ per day if diff stays like this. so i need 480days to ROI or it says 8month to find block if you lucky. in other hand i can buy chia coin for 160$. So for 600$ i can buy 4XCH which is more smart choice.instead spending all headache with hdd just buy coin and hodl if you believe this project will be good.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: qigong13 on October 12, 2021, 06:38:07 PM
Hi everybody!
I'm from Russian Bitcointalk and I want to listen what English language crypto community thinking about XCH.
Right now in Kazakhstan im starting building the biggest XCH farming center.
We are going to create more than 50k plotts in the begging of this project.
I know that XCH price right now is too low, but I was waiting to this lows to start it and Im ready for 50-100USD price for Chia.
We are ready to farm for 3 years without any Chia cash outs, I think we need to wait the first halving and then we will see.
Also we are going to farm Chia forks.
What do you think about it? Am I crazy? :)
 
Yes crazy because myself here saw people selling hdd in big amount.1st i wanted buy it then before buying im calculated: 34TB he was selling for 600$. Chia calc showing for 34TB is 1.25$ per day if diff stays like this. so i need 480days to ROI or it says 8month to find block if you lucky. in other hand i can buy chia coin for 160$. So for 600$ i can buy 4XCH which is more smart choice.instead spending all headache with hdd just buy coin and hodl if you believe this project will be good.
So what is going for Chia coin now? As mining is unprofitable, I'm wondering how anyone still sells it cheap unless they got the coin really easy with no effort or whatever. Are the only miners in the scene is the one who got in the coin in the very early days? Though many Chia miners also start to sell off their HDD mining farm and opt to buy the coin instead if they think its value will go higher in the future.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Apytioh on October 13, 2021, 03:19:45 AM
I don't care about Chia price right now, I'm sure that price will gone grow to ATH at least in few months or may be after 1st halving Chia
gona set new price records as Bitcoin. I haven't big costs every month to hols my farm, that's why I'm ready to wait.
But I recognized that new NFT plots can farm a lot of Chia forks like: Flax, HDD coin, Silicon, Mint, Tranzact, Apple, Avocado and etc.
This fact makes Chia farming more profitable, and if you have such space of HDD as me you can farm these forks in solo.

Green Money for Digital World :)


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Metroid on October 13, 2021, 04:51:24 AM
I don't care about Chia price right now, I'm sure that price will gone grow to ATH at least in few months or may be after 1st halving Chia
gona set new price records as Bitcoin. I haven't big costs every month to hols my farm, that's why I'm ready to wait.
But I recognized that new NFT plots can farm a lot of Chia forks like: Flax, HDD coin, Silicon, Mint, Tranzact, Apple, Avocado and etc.
This fact makes Chia farming more profitable, and if you have such space of HDD as me you can farm these forks in solo.

Green Money for Digital World :)

Forget it, actually not only chia but everything will only go up in the next cycle which will be around 3 to 5 years from now, so from here hehell even more, if you think chia price is low, wait till the bearrun really starts, expect 99% crash for 80% of altcoins, no altcoins will be safe, go and check all the major crashes we had in 2011, 2014 and 2018 and start learning, there still hope for you trolls.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Apytioh on October 13, 2021, 10:00:26 AM
I don't care about Chia price right now, I'm sure that price will gone grow to ATH at least in few months or may be after 1st halving Chia
gona set new price records as Bitcoin. I haven't big costs every month to hols my farm, that's why I'm ready to wait.
But I recognized that new NFT plots can farm a lot of Chia forks like: Flax, HDD coin, Silicon, Mint, Tranzact, Apple, Avocado and etc.
This fact makes Chia farming more profitable, and if you have such space of HDD as me you can farm these forks in solo.

Green Money for Digital World :)

Forget it, actually not only chia but everything will only go up in the next cycle which will be around 3 to 5 years from now, so from here hehell even more, if you think chia price is low, wait till the bearrun really starts, expect 99% crash for 80% of altcoins, no altcoins will be safe, go and check all the major crashes we had in 2011, 2014 and 2018 and start learning, there still hope for you trolls.

I entered to crypto market in 2017, without investments, I made all my money and crypto as a crypto exchanger in Kazakhstan. That is why I don't care about my money as traditional investors.
I know about BTC 4 year cycles but I think that market had changed and cycles changed too.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: FP91G on October 13, 2021, 12:48:31 PM
I decided to mine the CHIA on video cards.
I sold ethereum and bought a CHIA :)
I think that it is very important to calculate on what is more profitable to mine a CHIA. Video cards are more versatile, and can mine a lot of coins, and for mining on hard drives, I know no more than 5 coins.
I understand that there are many more of these coins, but their price is now zero.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Bitcoin_Arena on October 14, 2021, 10:59:56 PM
I don't care about Chia price right now, I'm sure that price will gone grow to ATH at least in few months or may be after 1st halving Chia
gona set new price records as Bitcoin.
If the price can't grow to ATH right now when the market is still being regarded as "bullish" then forget about it. The period that comes after a bull run is very brutal to altcoins, as you will witness it soon now that you have a particular altcoin to follow.

I saw it first-hand in 2018. I held a number of altcoins I thought would one day go x100, but it never happened. Instead, I saw drops in price of more than 90%


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Apytioh on October 19, 2021, 09:45:06 AM
I decided to mine the CHIA on video cards.
I sold ethereum and bought a CHIA :)
I think that it is very important to calculate on what is more profitable to mine a CHIA. Video cards are more versatile, and can mine a lot of coins, and for mining on hard drives, I know no more than 5 coins.
I understand that there are many more of these coins, but their price is now zero.

Right now I'm creating new not plots for Chia farming, and these plots are able to farm a lot of Chia forks:

Flax, HDD coin, Mint, Silicon and etc
You can check all Chia forks here: https://xchforks.com
Most of them haven't any price, but you can change them to Chia coin and make your farming more profitable.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on October 22, 2021, 09:45:10 AM
I decided to mine the CHIA on video cards.
I sold ethereum and bought a CHIA :)
I think that it is very important to calculate on what is more profitable to mine a CHIA. Video cards are more versatile, and can mine a lot of coins, and for mining on hard drives, I know no more than 5 coins.
I understand that there are many more of these coins, but their price is now zero.
Are you serious? I would never have thought that someone would decide to sell a more reliable coin for the sake of a new and supposedly promising one! I think you are mistaken about the prospects and profitability of Chia. There are greener and more promising projects


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on October 22, 2021, 10:33:19 AM
Right now I'm creating new not plots for Chia farming, and these plots are able to farm a lot of Chia forks:

Flax, HDD coin, Mint, Silicon and etc
You can check all Chia forks here: https://xchforks.com
Most of them haven't any price, but you can change them to Chia coin and make your farming more profitable.
But chia seems to continue dying, so what is the point in mining zero coins for something that is not worth trying? Didn't you think to switch to any other more promising projects? Now privacy and stablecoins are getting more popular, for example.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: FP91G on October 22, 2021, 01:12:20 PM
I decided to mine the CHIA on video cards.
I sold ethereum and bought a CHIA :)
I think that it is very important to calculate on what is more profitable to mine a CHIA. Video cards are more versatile, and can mine a lot of coins, and for mining on hard drives, I know no more than 5 coins.
I understand that there are many more of these coins, but their price is now zero.
Are you serious? I would never have thought that someone would decide to sell a more reliable coin for the sake of a new and supposedly promising one! I think you are mistaken about the prospects and profitability of Chia. There are greener and more promising projects
It is better to make a mistake now and lose a few thousand dollars than to regret later that you did not invest in this coin.
If the price of the coin falls, then I will buy more.
I will have to wait a long time, at least until the first halving, but it's even interesting.
Of course, I do not advise beginners to do this, because they need to quickly recoup their investment.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: ZeeeN on October 23, 2021, 09:47:27 PM
I decided to mine the CHIA on video cards.
I sold ethereum and bought a CHIA :)
I think that it is very important to calculate on what is more profitable to mine a CHIA. Video cards are more versatile, and can mine a lot of coins, and for mining on hard drives, I know no more than 5 coins.
I understand that there are many more of these coins, but their price is now zero.
Are you serious? I would never have thought that someone would decide to sell a more reliable coin for the sake of a new and supposedly promising one! I think you are mistaken about the prospects and profitability of Chia. There are greener and more promising projects
It is better to make a mistake now and lose a few thousand dollars than to regret later that you did not invest in this coin.
If the price of the coin falls, then I will buy more.
I will have to wait a long time, at least until the first halving, but it's even interesting.
Of course, I do not advise beginners to do this, because they need to quickly recoup their investment.

how long for first halving coming?

and do you think chives is good coin to mine?


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on October 27, 2021, 06:00:49 PM
It is better to make a mistake now and lose a few thousand dollars than to regret later that you did not invest in this coin.
If the price of the coin falls, then I will buy more.
I will have to wait a long time, at least until the first halving, but it's even interesting.
Of course, I do not advise beginners to do this, because they need to quickly recoup their investment.
Okay.. The decision is only up to you, but I have to tell you something. While chia can't list the coin anywhere, Utopia p2p listed both of their coins on a new exchange yesterday - Crypton (https://p2pb2b.io/trade/CRP_USDT/) and Utopia USD (https://p2pb2b.io/trade/UUSD_USDT/). I think it's a great step and it will be interesting to see how it will affect the coins.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on October 29, 2021, 08:47:31 AM
Okay.. The decision is only up to you, but I have to tell you something. While chia can't list the coin anywhere, Utopia p2p listed both of their coins on a new exchange yesterday - Crypton (https://p2pb2b.io/trade/CRP_USDT/) and Utopia USD (https://p2pb2b.io/trade/UUSD_USDT/). I think it's a great step and it will be interesting to see how it will affect the coins.
And I can already tell you the results :) In 24 hours after listing Crypton gained 50% to its value https://crp.is/exchange/crp_usdt And even today, it's still green and continues to improve and grow. At least we've seen that movement. I'm sure that now more people will believe in it.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: FP91G on October 29, 2021, 01:36:16 PM
It is better to make a mistake now and lose a few thousand dollars than to regret later that you did not invest in this coin.
If the price of the coin falls, then I will buy more.
I will have to wait a long time, at least until the first halving, but it's even interesting.
Of course, I do not advise beginners to do this, because they need to quickly recoup their investment.
Okay.. The decision is only up to you, but I have to tell you something. While chia can't list the coin anywhere, Utopia p2p listed both of their coins on a new exchange yesterday - Crypton (https://p2pb2b.io/trade/CRP_USDT/) and Utopia USD (https://p2pb2b.io/trade/UUSD_USDT/). I think it's a great step and it will be interesting to see how it will affect the coins.
I bought a coin on the exchange https://www.hotbit.io/
This exchange does not require a client verification procedure.
I bought this coin for $ 150-160 and will buy more, but I will probably place orders for $ 120-130.
I will have to keep the coin for several years, but the official wallet is not very convenient. It takes a very long time to update.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Branko on October 29, 2021, 02:26:18 PM
It is better to make a mistake now and lose a few thousand dollars than to regret later that you did not invest in this coin.
If the price of the coin falls, then I will buy more.
I will have to wait a long time, at least until the first halving, but it's even interesting.
Of course, I do not advise beginners to do this, because they need to quickly recoup their investment.
Okay.. The decision is only up to you, but I have to tell you something. While chia can't list the coin anywhere, Utopia p2p listed both of their coins on a new exchange yesterday - Crypton (https://p2pb2b.io/trade/CRP_USDT/) and Utopia USD (https://p2pb2b.io/trade/UUSD_USDT/). I think it's a great step and it will be interesting to see how it will affect the coins.


Great news, so I could immediately sell my Utopia and Crypton and buy more Chia since I have account on p2pb2b


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Bitcoin_Arena on October 31, 2021, 08:58:03 PM
I bought a coin on the exchange https://www.hotbit.io/
This exchange does not require a client verification procedure.
I bought this coin for $ 150-160 and will buy more, but I will probably place orders for $ 120-130.
I will have to keep the coin for several years, but the official wallet is not very convenient. It takes a very long time to update.
I hope you are withdrawing your coins to an external wallet, or you could just create a paper wallet since the official wallet is not yet convenient. Hotbit has lots of complaints in the scam accusations board over failed withdrawals
>> Hotbit exchange is Proven Scam (https://bitcointalk.org/index.php?topic=5333884.0)
>> Hotbit kidnaps your coins then ask for ransom if you ever do one tiny mistake (https://bitcointalk.org/index.php?topic=5328555.0)
>> Hotbit.io - Withdrawl failed (https://bitcointalk.org/index.php?topic=5169574.0)
>> You can lose your fund cheaply with HotBit Exchange. Don't be the next Victim (https://bitcointalk.org/index.php?topic=5180648.0)
>> SCAM ALERT HOTBIT (https://bitcointalk.org/index.php?topic=5150397.0)
>> hotbit.io is big scam (https://bitcointalk.org/index.php?topic=5180896.0)
>> Stay Away from HOTBIT EXCHANGE (https://bitcointalk.org/index.php?topic=5113530.0)

Great news, so I could immediately sell my Utopia and Crypton and buy more Chia since I have account on p2pb2b
p2pb2b is proven scam too. Checkout their reputation on the forum. Take care of your funds.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: jpouza on November 02, 2021, 12:00:30 PM
I don't care about Chia price right now, I'm sure that price will gone grow to ATH at least in few months or may be after 1st halving Chia
gona set new price records as Bitcoin.
If the price can't grow to ATH right now when the market is still being regarded as "bullish" then forget about it. The period that comes after a bull run is very brutal to altcoins, as you will witness it soon now that you have a particular altcoin to follow.

I saw it first-hand in 2018. I held a number of altcoins I thought would one day go x100, but it never happened. Instead, I saw drops in price of more than 90%

With a few exceptions, altcoins are made to die and kill newcomers.

CHIA is no different, only a tiny small amount of alts will survive and propagate in future, those who have a true purpose behind.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on November 04, 2021, 08:15:20 AM
Great news, so I could immediately sell my Utopia and Crypton and buy more Chia since I have account on p2pb2b
Great news is that Crypton alerady reached 1$ point. While it was about 15 cents for 2 or 3 years - it's a great improvement in several days. So I won't be so quick on your place as I'm sure it will continue growing. And in any case, you have to know that the best rate is on their inner exchange crp.is It's also no KYC.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Branko on November 04, 2021, 04:54:42 PM
Great news, so I could immediately sell my Utopia and Crypton and buy more Chia since I have account on p2pb2b
Great news is that Crypton alerady reached 1$ point. While it was about 15 cents for 2 or 3 years - it's a great improvement in several days. So I won't be so quick on your place as I'm sure it will continue growing. And in any case, you have to know that the best rate is on their inner exchange crp.is It's also no KYC.


Meanwhile, Chia went 50% up since yesterday


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: FP91G on November 04, 2021, 05:00:15 PM
Great news, so I could immediately sell my Utopia and Crypton and buy more Chia since I have account on p2pb2b
Great news is that Crypton alerady reached 1$ point. While it was about 15 cents for 2 or 3 years - it's a great improvement in several days. So I won't be so quick on your place as I'm sure it will continue growing. And in any case, you have to know that the best rate is on their inner exchange crp.is It's also no KYC.


Meanwhile, Chia went 50% up since yesterday
If the price of the coin rises several times, then hard drives will disappear in stores again.
I bought it yesterday for 135 dollars.
The coin is very interesting and it is too early to sell it.
A friend of mine bought hard drives with a total capacity of about 250 terabytes, and so in a month he did not have time to make plots on all hard drives.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: jpouza on November 07, 2021, 01:33:52 PM
As long as it keeps with a price I'll keep my plots alive, I don't really care much for this coin  :(

As always,  things were profitable for those who entered early in this coin, at around 1600 USD price tag.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: ZeeeN on November 08, 2021, 09:57:50 PM
today price drop again [around7%] form 191to179

have anyone think chia can go up to 300usd in this year?


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on November 09, 2021, 10:59:42 AM
Great news, so I could immediately sell my Utopia and Crypton and buy more Chia since I have account on p2pb2b
Great news is that Crypton alerady reached 1$ point. While it was about 15 cents for 2 or 3 years - it's a great improvement in several days. So I won't be so quick on your place as I'm sure it will continue growing. And in any case, you have to know that the best rate is on their inner exchange crp.is It's also no KYC.


Meanwhile, Chia went 50% up since yesterday
If the price of the coin rises several times, then hard drives will disappear in stores again.
I bought it yesterday for 135 dollars.
The coin is very interesting and it is too early to sell it.
A friend of mine bought hard drives with a total capacity of about 250 terabytes, and so in a month he did not have time to make plots on all hard drives.
Also, I want to note that the Crypton exchange rate will only continue its growth.  According to the latest news Utopia p2p sponsored the Blockchain Economy Expo. This is the First Blockchain Exhibition in the "World Expo" history. The WORLD EXPO is being held for 170 years and for the 1st time, blockchain will be introduced to the world at the same level as countries, international organizations and other traditional businesses.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: FP91G on November 10, 2021, 03:12:44 PM
today price drop again [around7%] form 191to179

have anyone think chia can go up to 300usd in this year?
It is better to buy such coins for investments for 4-7 years. Perhaps with this hype around green mining and global consumption, this coin will grow 100 times, but perhaps you will lose your money.
I noticed that this coin has low liquidity on exchanges, so it is better to look for other options for short-term speculation.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on November 11, 2021, 09:42:32 AM
Really? Developers have done even more than I expected from them. Unbelievable! This is a very generous act, because someday I will remember this event as a starting point. Sponsorship of this level is very honorable.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Branko on November 11, 2021, 01:22:40 PM
If crypton would be good project, they would have their own thread, instead of piggybacking
on other more successful project threads  to get some attention  ;D


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on November 15, 2021, 09:57:06 AM
If crypton would be good project, they would have their own thread, instead of piggybacking
on other more successful project threads  to get some attention  ;D
You think it doesn't have any related threads? Check this one for example: https://bitcointalk.org/index.php?topic=5286191.msg55504061#msg55504061 And it's normal to discuss different coins in different places. In this case Crypton was mentioned as it's really green, not like Chia. And is mined more profitably.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: otreza on November 18, 2021, 07:57:00 AM
today price drop again [around7%] form 191to179

have anyone think chia can go up to 300usd in this year?
It is better to buy such coins for investments for 4-7 years. Perhaps with this hype around green mining and global consumption, this coin will grow 100 times, but perhaps you will lose your money.
I noticed that this coin has low liquidity on exchanges, so it is better to look for other options for short-term speculation.


The hype around the coin has spun to zero, it is now the reason to discount the miner to a good market manager to have the coin on Binance and Coinbase.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on November 18, 2021, 02:12:44 PM
If crypton would be good project, they would have their own thread, instead of piggybacking
on other more successful project threads  to get some attention  ;D
You think it doesn't have any related threads? Check this one for example: https://bitcointalk.org/index.php?topic=5286191.msg55504061#msg55504061 And it's normal to discuss different coins in different places. In this case Crypton was mentioned as it's really green, not like Chia. And is mined more profitably.
In addition, participation in a recent major project has once again confirmed the reliability of this project and its reliability. I think this is not just an empty phrase, especially in the context of the attention of the entire crypto community.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: FP91G on November 20, 2021, 04:08:06 PM
today price drop again [around7%] form 191to179

have anyone think chia can go up to 300usd in this year?
It is better to buy such coins for investments for 4-7 years. Perhaps with this hype around green mining and global consumption, this coin will grow 100 times, but perhaps you will lose your money.
I noticed that this coin has low liquidity on exchanges, so it is better to look for other options for short-term speculation.


The hype around the coin has spun to zero, it is now the reason to discount the miner to a good market manager to have the coin on Binance and Coinbase.
The price of this coin may rise in the future, and if you are an investor, then now you can buy a little of these coins, and buy some of the coins in the bear market next year.
If you are a miner, then you can exchange this coin for received ethereums or other coins.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on November 22, 2021, 07:09:21 PM
The price of this coin may rise in the future, and if you are an investor, then now you can buy a little of these coins, and buy some of the coins in the bear market next year.
If you are a miner, then you can exchange this coin for received ethereums or other coins.
You're absolutely right. I didn't like the idea of chia mining frm the very beginning as it requires big investments and shows no result. As a good alternative I've found Crypton from Utopia p2p that is mined with PC and internet connection only, is a privacy coin and has its own no KYC decentralized exchange. Its rate started to grow fast lately and I'm happy that I've chosen it.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Branko on November 22, 2021, 10:48:15 PM
The price of this coin may rise in the future, and if you are an investor, then now you can buy a little of these coins, and buy some of the coins in the bear market next year.
If you are a miner, then you can exchange this coin for received ethereums or other coins.
You're absolutely right. I didn't like the idea of chia mining frm the very beginning as it requires big investments and shows no result. As a good alternative I've found Crypton from Utopia p2p that is mined with PC and internet connection only, is a privacy coin and has its own no KYC decentralized exchange. Its rate started to grow fast lately and I'm happy that I've chosen it.


You're seriously comparing projects with $275 and $23,639,371 daily volume?


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on November 28, 2021, 04:22:18 PM
The price of this coin may rise in the future, and if you are an investor, then now you can buy a little of these coins, and buy some of the coins in the bear market next year.
If you are a miner, then you can exchange this coin for received ethereums or other coins.
You're absolutely right. I didn't like the idea of chia mining frm the very beginning as it requires big investments and shows no result. As a good alternative I've found Crypton from Utopia p2p that is mined with PC and internet connection only, is a privacy coin and has its own no KYC decentralized exchange. Its rate started to grow fast lately and I'm happy that I've chosen it.
Yes, this is a promising coin. I must say that I am always passionate about projects that do not require additional investments, and also promise a lot.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on November 29, 2021, 01:07:52 PM
You're seriously comparing projects with $275 and $23,639,371 daily volume?
What do you mean with 275$ daily volume? Have you checked it at least? Since Crypton gained +650% to its rate during the last month, it only gained popularity. And if you'll check its own exchange, you'll see all the volumes, etc. https://crp.is/


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: miner29 on November 29, 2021, 02:33:12 PM
You're seriously comparing projects with $275 and $23,639,371 daily volume?
What do you mean with 275$ daily volume? Have you checked it at least? Since Crypton gained +650% to its rate during the last month, it only gained popularity. And if you'll check its own exchange, you'll see all the volumes, etc. https://crp.is/

Currently world wide 24hr volume of all crypton traded is $13,271

#1601 on the list from Coingecko.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Branko on November 29, 2021, 03:05:17 PM
You're seriously comparing projects with $275 and $23,639,371 daily volume?
What do you mean with 275$ daily volume? Have you checked it at least? Since Crypton gained +650% to its rate during the last month, it only gained popularity. And if you'll check its own exchange, you'll see all the volumes, etc. https://crp.is/

Currently world wide 24hr volume of all crypton traded is $13,271

#1601 on the list from Coingecko.


I guess they themselves generated some volume now that I noticed how low it was  ;D


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: otreza on December 02, 2021, 05:19:53 AM
Following your logic should just farm a coin on defi. Mining is the belief that the price of a mined coin will be higher than it is, it also feels like you are doing your job to ensure the safety of decentralization of the network.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on December 02, 2021, 09:42:29 AM
You're seriously comparing projects with $275 and $23,639,371 daily volume?
What do you mean with 275$ daily volume? Have you checked it at least? Since Crypton gained +650% to its rate during the last month, it only gained popularity. And if you'll check its own exchange, you'll see all the volumes, etc. https://crp.is/

Currently world wide 24hr volume of all crypton traded is $13,271

#1601 on the list from Coingecko.


I guess they themselves generated some volume now that I noticed how low it was  ;D
Hmm, why did they need it? And how to explain the growing popularity of the coin? They were also sponsors at the crypto event at the World Expo. Why do you think that the volumes were stimulated by developers?


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on December 03, 2021, 02:01:22 PM
You're seriously comparing projects with $275 and $23,639,371 daily volume?
What do you mean with 275$ daily volume? Have you checked it at least? Since Crypton gained +650% to its rate during the last month, it only gained popularity. And if you'll check its own exchange, you'll see all the volumes, etc. https://crp.is/

Currently world wide 24hr volume of all crypton traded is $13,271

#1601 on the list from Coingecko.


I guess they themselves generated some volume now that I noticed how low it was  ;D
No, it's coinpower community added value to the coin. And it's not the only one. If you'll learn the Utopia p2p project better, you'll understand that it's the most undervalued project on the market.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Metroid on December 03, 2021, 02:30:50 PM
started at 1500 usd, crashed to 500 usd then gone back to 1500 usd then crashed to 125 usd and right now at 125 usd, very speculative and hyped, this reminds me siacoin, nobody talks about siacoin anymore, oh yeah siacoin was the chiacoin of 2017 hehe or we can say chiacoin is the siacoin of 2021 hehe, hype, hype, pump, pump, then crash, crash, crash and crash hehe

Anyway, the way i see at moment, chiacoin will get as low as 0.10 per coin when hehell crash hits the market.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Branko on December 03, 2021, 04:28:52 PM
started at 1500 usd, crashed to 500 usd then gone back to 1500 usd then crashed to 125 usd and right now at 125 usd, very speculative and hyped, this reminds me siacoin, nobody talks about siacoin anymore, oh yeah siacoin was the chiacoin of 2017 hehe or we can say chiacoin is the siacoin of 2021 hehe, hype, hype, pump, pump, then crash, crash, crash and crash hehe

Anyway, the way i see at moment, chiacoin will get as low as 0.10 per coin when hehell crash hits the market.

Wel, you also said in 2017 that GPU mining is dead...and few days ago I sold my old RX580 for $600  ;D


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Metroid on December 03, 2021, 04:33:09 PM
started at 1500 usd, crashed to 500 usd then gone back to 1500 usd then crashed to 125 usd and right now at 125 usd, very speculative and hyped, this reminds me siacoin, nobody talks about siacoin anymore, oh yeah siacoin was the chiacoin of 2017 hehe or we can say chiacoin is the siacoin of 2021 hehe, hype, hype, pump, pump, then crash, crash, crash and crash hehe

Anyway, the way i see at moment, chiacoin will get as low as 0.10 per coin when hehell crash hits the market.

Wel, you also said in 2017 that GPU mining is dead...and few days ago I sold my old RX580 for $600  ;D

It was in 2018 and you misunderstood what I said, I said yes in 2018 gpu mining would be gameover in the sense profitability would crash to 0 and yes it just happened that.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Branko on December 03, 2021, 05:17:48 PM
started at 1500 usd, crashed to 500 usd then gone back to 1500 usd then crashed to 125 usd and right now at 125 usd, very speculative and hyped, this reminds me siacoin, nobody talks about siacoin anymore, oh yeah siacoin was the chiacoin of 2017 hehe or we can say chiacoin is the siacoin of 2021 hehe, hype, hype, pump, pump, then crash, crash, crash and crash hehe

Anyway, the way i see at moment, chiacoin will get as low as 0.10 per coin when hehell crash hits the market.

Wel, you also said in 2017 that GPU mining is dead...and few days ago I sold my old RX580 for $600  ;D

It was in 2018 and you misunderstood what I said, I said yes in 2018 gpu mining would be gameover in the sense profitability would crash to 0 and yes it just happened that.

I missed that crash and was mining all the time...it became boring and uninspiring, but never unprofitable


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on December 10, 2021, 10:43:34 AM
started at 1500 usd, crashed to 500 usd then gone back to 1500 usd then crashed to 125 usd and right now at 125 usd, very speculative and hyped, this reminds me siacoin, nobody talks about siacoin anymore, oh yeah siacoin was the chiacoin of 2017 hehe or we can say chiacoin is the siacoin of 2021 hehe, hype, hype, pump, pump, then crash, crash, crash and crash hehe

Anyway, the way i see at moment, chiacoin will get as low as 0.10 per coin when hehell crash hits the market.
I like and support coins like Crypton as it rises in a natural manner. After the last listing it gained +650% to its price in a month. And that's how it has to happen. Not just because someone told something. And it continues to grow slowly, not dumping back. And the fact that it's a privacy coin that has own no KYC decentralized exchange, gives it a good advantage over other coins.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on December 10, 2021, 12:41:12 PM
Well, rise of Crypton is nice, and it gained again today what's a good news. But I have even better one. Monero was listed on Crypton exchange https://crp.is/exchange/xmr_usdt And now it doesn't matter what regulations will happen, it can be easily and anonymously accessed and traded from all over the world. I didn't even expected it will be Monero!


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on December 17, 2021, 12:19:25 PM
Well, rise of Crypton is nice, and it gained again today what's a good news. But I have even better one. Monero was listed on Crypton exchange https://crp.is/exchange/xmr_usdt And now it doesn't matter what regulations will happen, it can be easily and anonymously accessed and traded from all over the world. I didn't even expected it will be Monero!
Oh, wow! This is very good news. Especially if we do not forget that not so long ago this coin was banned in many countries. Well, I am very glad that there are still ways to purchase Monero.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: fmz89 on December 19, 2021, 02:37:14 PM
oh god how this coin going right now  :D , gold rush on ssd mining only matter of months and die with unlimited dump from miner,

ssd/hdd mining always fail in term centralization control by cloud storage which is many of them in stand by with no use


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on December 21, 2021, 09:40:46 AM
Well, rise of Crypton is nice, and it gained again today what's a good news. But I have even better one. Monero was listed on Crypton exchange https://crp.is/exchange/xmr_usdt And now it doesn't matter what regulations will happen, it can be easily and anonymously accessed and traded from all over the world. I didn't even expected it will be Monero!
Oh, wow! This is very good news. Especially if we do not forget that not so long ago this coin was banned in many countries. Well, I am very glad that there are still ways to purchase Monero.
Adding Monero to the exchange promises to increase the attention of users. I think this can have a positive impact on the development of the project. It seems to me that even more impressive updates are waiting for us next.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Apytioh on December 21, 2021, 06:09:03 PM
Is anybody farming XCH forks?
Right now I'm earning around 100$/day on Chia and 150$ in Silicon fork (Sit token)
Also I have a lot other forks which I can convert into XCH on forks.green


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: ZeeeN on December 21, 2021, 07:31:42 PM
Is anybody farming XCH forks?
Right now I'm earning around 100$/day on Chia and 150$ in Silicon fork (Sit token)
Also I have a lot other forks which I can convert into XCH on forks.green

can use chia nft plot to farm?

and how many plot you have?


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Apytioh on December 21, 2021, 09:01:37 PM
Is anybody farming XCH forks?
Right now I'm earning around 100$/day on Chia and 150$ in Silicon fork (Sit token)
Also I have a lot other forks which I can convert into XCH on forks.green

can use chia nft plot to farm?

and how many plot you have?

right now I have 24800 plots, but in total 45000 I started 2 months ago
parallel forks farming only on nft plots


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: badbart on December 21, 2021, 09:29:26 PM
Is anybody farming XCH forks?
Right now I'm earning around 100$/day on Chia and 150$ in Silicon fork (Sit token)
Also I have a lot other forks which I can convert into XCH on forks.green

can use chia nft plot to farm?

and how many plot you have?

right now I have 24800 plots, but in total 45000 I started 2 months ago
parallel forks farming only on nft plots

How do you manage that many hard drives?  I was planning on selling my gear, I got tired of managing all the usb drives.  Can you farm chia and the forks at the same time?


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Apytioh on December 22, 2021, 06:29:45 AM
Is anybody farming XCH forks?
Right now I'm earning around 100$/day on Chia and 150$ in Silicon fork (Sit token)
Also I have a lot other forks which I can convert into XCH on forks.green

can use chia nft plot to farm?

and how many plot you have?

right now I have 24800 plots, but in total 45000 I started 2 months ago
parallel forks farming only on nft plots

How do you manage that many hard drives?  I was planning on selling my gear, I got tired of managing all the usb drives.  Can you farm chia and the forks at the same time?

I bought them! Right now I'm farming Chia and 18 forks at the same time. But I want to add 5-10 more forks


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on December 27, 2021, 10:42:35 AM
Is anybody farming XCH forks?
Right now I'm earning around 100$/day on Chia and 150$ in Silicon fork (Sit token)
Also I have a lot other forks which I can convert into XCH on forks.green

can use chia nft plot to farm?

and how many plot you have?

right now I have 24800 plots, but in total 45000 I started 2 months ago
parallel forks farming only on nft plots

How do you manage that many hard drives?  I was planning on selling my gear, I got tired of managing all the usb drives.  Can you farm chia and the forks at the same time?

I bought them! Right now I'm farming Chia and 18 forks at the same time. But I want to add 5-10 more forks

Seriously? I didn't think that somewhere in the world there were still people who mine chia. It seemed to me that the unprofitability of this project was confirmed at the beginning of the year, no? And there are more profitable projects with natural growth - for example, Crypton.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Sethrey on December 28, 2021, 11:51:55 AM
And exactly Crypton can be mined without any investments and additional electricity fees. It gained +650% in a month so all those who mined it before got a great present for upcoming holidays. So I agree, I'd never spent crazy money for chia mining, while there are much better alternatives.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Starkick on December 30, 2021, 01:56:16 PM
And exactly Crypton can be mined without any investments and additional electricity fees. It gained +650% in a month so all those who mined it before got a great present for upcoming holidays. So I agree, I'd never spent crazy money for chia mining, while there are much better alternatives.
Oh, yes! Some time ago I would have said that users should also pay attention to Montero. However, given the latest news, it became obvious that after the block of this coin, paying attention to Crypto would be the most optimal solution.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Branko on December 30, 2021, 02:33:20 PM
And exactly Crypton can be mined without any investments and additional electricity fees. It gained +650% in a month so all those who mined it before got a great present for upcoming holidays. So I agree, I'd never spent crazy money for chia mining, while there are much better alternatives.
Oh, yes! Some time ago I would have said that users should also pay attention to Montero. However, given the latest news, it became obvious that after the block of this coin, paying attention to Crypto would be the most optimal solution.

I like how you speak with yourself using 2 accounts...keep going, and try to disagree sometimes,
it will add some authenticity  ;D


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Apytioh on July 16, 2022, 06:44:53 AM
My Chia farm!

Almost 5PiB
https://twitter.com/Apytioh/status/1532642888420667392?s=20&t=IM2MfUSVifKXynUxaKb_Sw


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: FP91G on August 04, 2023, 09:32:55 PM
https://i.ibb.co/N7c4tkH/gdh.jpg (https://ibb.co/qxTZ74P)
https://t.me/NewsSoleniy/8397
3.18 euros per day from 18 hard drives on Chia mining

Excited to bring XCH to the secure Tangem hardware wallet!
from the Chia Discord:
Excited to bring XCH to the secure Tangem hardware wallet!

Tangem is a Swiss Provider of card-shaped cold storage solutions that combine security and simplicity.

https://www.reddit.com/r/chia/comments/159fsrd/excited_to_bring_xch_to_the_secure_tangem/


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Bitcoin_Arena on August 06, 2023, 11:38:50 PM
>>snip<<
Just curious though. Not so much is talked about this coin lately. How is the mining of this coin going on?
Are some of the miners still very hopeful about the future of the coin?


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: FP91G on August 09, 2023, 11:55:15 AM
>>snip<<
Just curious though. Not so much is talked about this coin lately. How is the mining of this coin going on?
Are some of the miners still very hopeful about the future of the coin?
On the one hand, mining this coin is difficult, because preparing hard drives takes some time, depending on the characteristics of your PC. But then the mining farm consumes little electricity and does not make noise. It is convenient to mine in an apartment. But now it is more profitable to buy this coin at $31.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: fmz89 on August 11, 2023, 01:41:45 PM
all hardrive mining fall faster than any other mining, cus many people already ton of hardrive, specially filehosting provider thats lot of empty space.
most people now dont use anymore filehosting, they can easly deploy hdd mining instead


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: FP91G on August 11, 2023, 03:20:51 PM
all hardrive mining fall faster than any other mining, cus many people already ton of hardrive, specially filehosting provider thats lot of empty space.
most people now dont use anymore filehosting, they can easly deploy hdd mining instead
Unfortunately, even a large Internet provider will not be able to quickly start mining on hard drives, because plotting is very expensive on rented equipment, and it takes a very long time to do it on their own equipment.
But if you have 1-2 hard drives, then you will not be interested in mining because of the small profit.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: FP91G on August 27, 2023, 02:06:43 PM
Chia new update
Bladebit 3.0 release - Create compressed K32 plots using ramplot or the new GPU plotting cmmand, cudaplot, to increase your effective space and earn more farming rewards
C1 to C7 compression levels are supported, see here to understand how much compression you are getting at each level
256GB minimum RAM support when using a GPU, or 416GB minimum RAM support when using a CPU. NVIDIA GPU with 8GB* of VRAM, CUDA capability of 5.2 (1 series cards and up).
Supported on Windows and Linux
Plot from the GUI or from the CLI
Existing uncompressed plots will still continue to work

https://github.com/Chia-Network/chia-blockchain/releases/tag/2.0.0


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: fmz89 on September 08, 2023, 12:56:27 PM
with the fall memory price recently, chia price drop as long hdd/ssd falling, its crazy only 4months ssd price drop almost 50%
well every component same thing drop like nobody absorb, everything is falling, and less people buying stuff these day. but when you saw only half of people selling their house compared 2019 which
makes thing even weird on this economy cycle


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: FP91G on September 09, 2023, 11:51:24 AM
with the fall memory price recently, chia price drop as long hdd/ssd falling, its crazy only 4months ssd price drop almost 50%
well every component same thing drop like nobody absorb, everything is falling, and less people buying stuff these day. but when you saw only half of people selling their house compared 2019 which
makes thing even weird on this economy cycle

I am seeing that many miners are starting to become interested in mining the CHIA coin. This coin can be mined at home in silence. Miners do not want to sell the coin at the market price, so they are still accumulating coins. This coin has the potential to grow.
https://www.talkimg.com/images/2023/09/09/mJw1b.md.jpeg (https://www.talkimg.com/image/mJw1b)
This is not like storage in data centers, and pieces of paper between hard drives play a key role.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Branko on September 27, 2023, 08:03:15 AM

I am seeing that many miners are starting to become interested in mining the CIA coin. This coin can be mined at home in silence. Miners do not want to sell the coin at the market price, so they are still accumulating coins. This coin has the potential to grow.


Since price is constantly falling since introduction, who is selling then? Are you suspecting creators
are dumping premine on us?


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: FP91G on September 29, 2023, 06:26:56 PM

I am seeing that many miners are starting to become interested in mining the CIA coin. This coin can be mined at home in silence. Miners do not want to sell the coin at the market price, so they are still accumulating coins. This coin has the potential to grow.


Since price is constantly falling since introduction, who is selling then? Are you suspecting creators
are dumping premine on us?
NO. The premine is in the wallets of the developers

One thing you CAN follow perfectly, are the coins itself. Each coin created has a parent. You can follow parents ultimately until "Genesis", the start of the whole blockchain. When a coin is "spent" it will be destroyed and split into children with new values transferred to the new destination (which also can be your own wallet. Think of "change" when you deal with cash.). You can perfectly trace on blockchain which coins are spent and which are not. The exact premine amount is divided into 4 coins which stay there unspent since May 4th 2021 (really? Exactly 10th anniversary of Star Wars Day? 👍)
https://rudolfachter.github.io/blockchain-stuff/public/chia/chia_prefarm/

Therefore, only miners and traders can sell coins.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Branko on September 30, 2023, 05:11:57 PM

I am seeing that many miners are starting to become interested in mining the CIA coin. This coin can be mined at home in silence. Miners do not want to sell the coin at the market price, so they are still accumulating coins. This coin has the potential to grow.


Since price is constantly falling since introduction, who is selling then? Are you suspecting creators
are dumping premine on us?
NO. The premine is in the wallets of the developers

One thing you CAN follow perfectly, are the coins itself. Each coin created has a parent. You can follow parents ultimately until "Genesis", the start of the whole blockchain. When a coin is "spent" it will be destroyed and split into children with new values transferred to the new destination (which also can be your own wallet. Think of "change" when you deal with cash.). You can perfectly trace on blockchain which coins are spent and which are not. The exact premine amount is divided into 4 coins which stay there unspent since May 4th 2021 (really? Exactly 10th anniversary of Star Wars Day? 👍)
https://rudolfachter.github.io/blockchain-stuff/public/chia/chia_prefarm/

Therefore, only miners and traders can sell coins.

That was my point...miners ARE selling at curent price


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: FP91G on October 04, 2023, 10:34:25 AM
The Chia Network project team is having problems:

Chia Network Lays Off Third of Its Staff as Loss of Banker Delayed Going Public
Chia fired 26 of its 70 employees as it continues its pitch to the U.S. Securities and Exchange Commission on going public and is weighing first-ever sales of some of its tokens.

https://www.coindesk.com/policy/2023/10/02/chia-network-lays-off-third-of-its-staff-as-loss-of-banker-delayed-going-public/


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: FP91G on February 28, 2024, 02:00:24 PM
After block 5,045,760, the block reward will be cut in half, from 2 XCH to 1 XCH. Each block reward will continue to be split into two coins, where 7/8 of the reward is the pool coin, and the other 1/8 (plus fees) is the farmer coin. Over the following nine years, the network will experience three more reward halvings, with the last occurring after block 20,183,040 – currently estimated to be in the first half of 2033. We built these reward reduction events into the blockchain before the launch of mainnet and outlined the schedule in our documentation and white paper.

https://www.chia.net/2024/02/15/chia-blockchain-explainer-the-halvings/
About 9 days until halving


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: 50promil on March 12, 2024, 03:58:10 AM
chia is dead. Rest in peace . The plot format is constantly changing. GPU is also involved. When it first came out, they said it was environmentally friendly and would be made with minimum equipment. My 500 pb farm has been closed for a year.


Title: Re: Chia Coin Mining become unprofitable - the coin has fallen in price by 3 times
Post by: Branko on March 12, 2024, 08:07:57 AM
chia is dead. Rest in peace . The plot format is constantly changing. GPU is also involved. When it first came out, they said it was environmentally friendly and would be made with minimum equipment. My 500 pb farm has been closed for a year.

Chia netspace is growing anyway

https://xchscan.com/charts/netspace