Do you guys consider the chia ( XCH ) as a decent/promising crypto ?

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Hi guys,

Just a quick question here, i’m in cryptos for few months now and invested in ADA/BNB/CAKE on binance for now, i’m holding keep investing what i can every month after saving some money and using everything i need to live.

But some friends and me have discovered the chia network ( Quick description here : **Chia** is a [cryptocurrency](https://en.wikipedia.org/wiki/Cryptocurrency) where mining is based on the [amount of hard disk storage space devoted to it](https://en.wikipedia.org/wiki/Proof_of_space) rather than processing power, as with [Proof of Work](https://en.wikipedia.org/wiki/Proof_of_work) cryptocurrencies such as [Bitcoin](https://en.wikipedia.org/wiki/Bitcoin). The platform was created by a company called Chia Network, which saw a valuation of $500 million in a recent investment round, and claims to be aiming for an IPO before the end of 2021. ).

Few weeks ago, we started to farm intensivly ( with old hardware we had ) and we now have 660Tb of plots farmed on HPOOL, but with the dip we’re going through righ now, clearly it’s doesn’t pay enough for the electricity and it’s a loss but we have faith in this crypto future and it’s technology even if chia price droped by 90% in 2 months.

My question is, what do you think about this crypto and it’s situation? Did you plan to farm it or are you already farming it ? May be do you have some tips/advices ?

Anyway, thank you for reading, have a good day 🙂

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Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

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Cloud Mining: HashflareGenesis MiningIQ Mining

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