But realistically, no one farms a single Chia plot expecting to earn a profit. A more reasonable minimum size for a Chia farm is 10 terabytes. A single 10 terabyte drive holds 91 plots, which means it would earn about $20.02 per month mining in a pool at today’s prices.
Read moreIs it profitable to mine Chia?
Chia is not profitable at all as expected Backblaze had two problems, and they used hard drives, which makes it good for mining but bad for plotting fields. The cost of buying enough SSDs to keep Chía’s mining going was a significant expense according to the company.
Read moreIs Chia coin worth mining?
Today, it’s worth around $45,000 . Many early Bitcoin miners are now multimillionaires. If Chia Coin experienced the same level of growth, then the coins farmed from a 10 terabyte plot would be worth around $2,457 per month instead of $20.
Read moreHow much Chia coin can you mine?
When we first wrote about Chia, HDDs started at around $0.02 per GB for 10TB drives. Now, we’re up to around $0.03 per GB, and higher capacity drives can go for $0.035 per GB. … Things are definitely going to change over time. ComponentDescriptionPriceSSD StorageSamsung 983 DCT 1.92TB$530How to Farm Chia Coin, Now With Pooling – Tom’s Hardware www.tomshardware.com › how-to › how-to-farm-chia-coin-the-new-storag…
Read moreWhat is Chia coin mining?
Chia is a cryptocurrency where mining is based on the amount of hard disk storage space devoted to it rather than processing power , as with Proof of Work cryptocurrencies such as Bitcoin. The platform was created by a company called Chia Network.
Read moreHow do I start mining Chia?
Start mining Chia!
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