It is reported that K32 is invalid, and Chia mining may be blocked, which has become the hottest news a few days ago.
The miner exploded. Some people panic, some retreat, but more people are "unmoved," firm beliefs, and even more involved.
Is it true that Chia Chia is so hot that it can "confound" investors' minds, and that "negative" news can also be seen as good news? Although the founder of Chia has dispelled the rumors that K32 is entirely invalid, it is a rumor, but this issue must be clarified.
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Because of the hot trend of mining returning to the mainstream of the currency circle and the shock after accompanying friend Xiao D to visit and research the Rhino Mine, I decided to discuss my understanding of mining and share it with you. However, it is impossible to bypass the hottest Chia (XCH) recently, and for Chia (XCH), the news of K32 failure cannot be pretended to have not been seen.
So, let's start with this big news that detonated the currency circle. The negative news you think is sometimes good news.
The initial news is this: "Chia founder tweeted that the prototype of the official mining pool plan is expected to be released on May 17. The K32 file of the previous P does not support new mining pools. If you need to access the official mining pool, you need to Re-P chart; the previous K32 could not obtain a stable block explosion mechanism. According to a media report, after the K32 failure news was released, the CHIA miners completely exploded. After all, it is related to the huge upstream and downstream interest chain. Although there is no need to re-P for the time being, It may be necessary for the future that all K32 old fields before the 17th cannot join the new mining pool. The K32 of the old agreement is not stable as the new K32 burst block."
But let's look down: "Chia founder Bram said that he hadn't planned to launch the mining pool agreement so soon, but he was a little surprised by everyone's input and enthusiasm. Some third-party mining pools, such as pool, developed too fast, and the official was a little bit unable to hold it. "
What have we seen through the above news? It's because everyone's devotion and enthusiasm are so great that the official can't hold it. This is the key, so for the author, this kind of news only once again confirms how hot Chia is!
Subsequently, Chia's official rumor was dismissed: "The Internet rumor that K32 is about to expire is a complete lie! K32 will continue to run for 7-15 years." The old K32 file will not expire now, and the service life of K32 is 7-15 years. Replot depends on the user.
The rumors stop at the wise; news about the failure of K32 should not be over-interpreted at all. Who is stupid, Musk will not be stupid, Amazon will not be stupid, Xue Manzi, a veteran investment circle who dares to hit 1 billion over the bottom, let alone stupid. After all, this is a 20 billion project to be listed on the Nasdaq.
As previously reported, Chia founder Bram said: "As for the 21 million Chia held in advance, we basically will not sell it. In the short term, we may lend a part to the exchange to provide liquidity. Still, the necessary liquidity in the market It's the Chia mined by miners, which will cause the market to be very scarce, and the exchange will automatically form a price." Although Bram also emphasized that the 21 million pieces are held by the company, no founder, investor or employee does not holds Chia. There is no mining." But with your eyes closed, you can figure out how much the difference between company holding and shareholder holding? Regardless of who holds it, why not sell? If there is no complete confidence in the project, the project is so hot. Under the circumstances, if you don't sell it today, you will sell it tomorrow. Is, is the goal that many projects have already set from the beginning? But Chia? Today's Chia is tomorrow's BTC, so that fools will sell it.
So the question is, he has 21 million, but I don't have one. Should you quickly buy coins to enter the market or join the ranks of miners? After going around such a big circle, finally back to the "topic"-mining is the last word, as long as you choose the right platform.
Why is mining the last word? Because miners have always existed at the top of the food chain of the currency circle, and because mining earns coins, mining can save coins. After the baptism of time, more and more coins in their hands will become more valuable. Compared with buying coins and speculating coins, mining and hoarding coins is more scientific and more humane. This truth has been said by countless people and supported by countless data. This conclusion has long been the mainstream consensus in the currency circle. The author's previous article is also more detailed; I will not repeat it after discussing it. As for which mining platform to choose, as far as the platform I know so far, the computing power rhino can be counted as one. But I am repeating that there is a suspicion of bringing the goods. So I won't say much here. So what do I want to say when I talk about mining repeatedly? Just enter Chia mining; the sooner, the better!
First of all, inevitably, Chia is still in the early stage of dividends; driven by FOMO sentiment, Chia's popularity will continue for some time. But for mining, this is not the most important thing.
The important thing is that, like Bitchttps://zeusbtc.com/
oin, the difficulty of work on the Chia blockchain network is dynamically adjusted to ensure that the block generation time remains unchanged. The target time to complete every 32 blocks is maintained at an average level of 10 minutes. The stable release of XCH in the Chia network. On the other hand, with the intensification of P-disk competition, Chia's network space will rise, eventually leading to a decline in rewards per unit of "farming space." Taking the last half month as an example, the data shows that the number of XCH rewards per TB per day by Chia is lower. As of May 10, every 1 TB of storage space can only get about 0.0033 XCH rewards per day. With the influx of more and more farmers, the number of XCH rewards per TB per day will continue to decline in the future.
At the same time, the time required for the P drive cannot be shortened. What should I do if I want to be fast? More farmers have adopted the strategy of "changing space for time" to use a large number of hard drives at one time to obtain a more extensive "farming area" to reduce the time loss caused by the "farming" stage of the P disk. So, Chia mining is a "race against time" game.
At this point in the article, I opened the Rhino computing platform app and took a look. The Chia mining machine that was ordered is still out of stock. Maybe the replenishment will come in soon, but the waiting process will miss hundreds of millions. Let's discuss with Xiao D. Can he even give me a few of the 100 mining machines he ordered on the computing platform.
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