Is Chia worth mining?

Chia coin mining is profitable in 2021, if you have enough capital . The question is how much time and money you are willing to spend for mining Chia coin. There is no mining server now, so you will have to do solo mining if you are mining from your home. It takes a long time to earn a single Chia coin.

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How does Chia mining work?

The Chia blockchain comes up with its own random number, and the winning miner is the one who has the closest match . Chia describes this as “proof of space and proof of time” but essentially the more hard drive space you have, the more random numbers you own, and the greater your chance of winning.

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Is mining Chia profitable?

Chia is not profitable at all as expected The cost of buying enough SSDs to keep Chía’s mining going was a significant expense according to the company. Despite using 150 PB (150 GB) of your own storage buffer, this is not enough capacity to make money from Chia in the long run.

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