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3232As Miners Leave Bitcoin in Droves, Space Allocation Dedicated to Filecoin and Chia Surges
https://www.digit.info/as-miners-leave-bitcoin-in-droves-space-allocation-dedicated-to-filecoin-and-chia-surges/
Mon, 05 Jul 2021 17:00:46 +0000https://www.digit.info/2021/07/05/as-miners-leave-bitcoin-in-droves-space-allocation-dedicated-to-filecoin-and-chia-surges/Read more]]>While a large quantity of hashrate has stopped dedicating resources to the Bitcoin network, a great number of alternative mining ecosystems are swelling with new participants. China’s ASIC exodus has ignited a significant increase in demand for accessing storage power on both Filecoin and Chia’s proof-of-storage networks. Both networks have seen space allocation spike significantly […]
]]>Report: Filecoin and Chia Believers in China Are Converting to Ethereum Swarm Disciples
https://www.digit.info/report-filecoin-and-chia-believers-in-china-are-converting-to-ethereum-swarm-disciples/
Sat, 12 Jun 2021 06:00:36 +0000https://www.digit.info/2021/06/12/report-filecoin-and-chia-believers-in-china-are-converting-to-ethereum-swarm-disciples/Read more]]>There’s a lot of buzz in China around the Bee mainnet soft launch following the recent hype surrounding Filecoin and Chia. Reports detail that Swarm is set to kickstart the mainnet on June 13, and droves of miners from China are getting prepared to obtain rewards from the distributed storage platform and content distribution service. […]
]]>Chia Is Eyeing to Launch an IPO This Year
https://www.digit.info/chia-is-eyeing-to-launch-an-ipo-this-year/
Thu, 27 May 2021 10:00:27 +0000https://www.digit.info/2021/05/27/chia-is-eyeing-to-launch-an-ipo-this-year/Read more]]>Chia, a cryptocurrency project created in 2018 that uses storage for its consensus, is eyeing a public offering this year, according to statements from its COO, Gene Hoffman. The company just received an influx of investments that are pointing it to become the next ‘green bitcoin substitute,’ due to its relatively low energy consumption compared […]
]]>Bittorrent Creator Bram Cohen’s Crypto Project Chia Sparks Hard Drive and SSD Shortages
https://www.digit.info/bittorrent-creator-bram-cohens-crypto-project-chia-sparks-hard-drive-and-ssd-shortages/
Sun, 25 Apr 2021 12:00:36 +0000https://www.digit.info/2021/04/25/bittorrent-creator-bram-cohens-crypto-project-chia-sparks-hard-drive-and-ssd-shortages/Read more]]>On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather than leveraging the proof-of-work consensus algorithm, Chia will utilize a model called proof-of-space which relies on storage. With Chia’s transactional launch pending, the project has […]
While a large quantity of hashrate has stopped dedicating resources to the Bitcoin network, a great number of alternative mining ecosystems are swelling with new participants. China’s ASIC exodus has ignited a significant increase in demand for accessing storage power on both Filecoin and Chia’s proof-of-storage networks. Both networks have seen space allocation spike significantly […]
There’s a lot of buzz in China around the Bee mainnet soft launch following the recent hype surrounding Filecoin and Chia. Reports detail that Swarm is set to kickstart the mainnet on June 13, and droves of miners from China are getting prepared to obtain rewards from the distributed storage platform and content distribution service. […]
Chia, a cryptocurrency project created in 2018 that uses storage for its consensus, is eyeing a public offering this year, according to statements from its COO, Gene Hoffman. The company just received an influx of investments that are pointing it to become the next ‘green bitcoin substitute,’ due to its relatively low energy consumption compared […]
On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather than leveraging the proof-of-work consensus algorithm, Chia will utilize a model called proof-of-space which relies on storage. With Chia’s transactional launch pending, the project has […]