Is it profitable to mine Chia?

In our experience, an individual plot can take 6 or 7 hours and doing multiple plots simultaneously will take longer, but if you’re taking this process seriously, you’ll want to work on at least five plots at once . That means you’d need at least a 6-core CPU.

According to PC Gamer, a 2TB disk drive could be entirely used up in Chia farming in 160 days , and a 512GB SSD in 40 days.

When you’re farming Chia, you will receive a request from the Chia network where it will compare your files against someone else’s plot files . If the plot file matches theirs, then you win the transaction and a block reward.

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.

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.

The live Chia price today is $69.61 USD with a 24-hour trading volume of $15,100,593 USD. We update our XCH to USD price in real-time.

For a Chia mining system, you’ll need: A computer with a good CPU (for making plots) A fast SSD for temporary storage of plots. High-capacity HDDs for storing plots.