Bitcoin Garden Forum

Cryptocurrencies => Mining => Topic started by: Klassew on May 18, 2021, 02:20:18 PM

Title: Is Chia coin "green"?
Post by: Klassew on May 18, 2021, 02:20:18 PM
Newly launched “green cryptocurrency,” Chia Network Coin (XCH) has continued to gain prominence in the digital currency ecosystem, for many reasons, including its price performance. Amid the ongoing crypto market dip, the XCH has maintained a relatively stable price and is currently exchanging hands at $1,300 (-13%) and its trading volume surged upward by 3.95% in the past 24 hours according to CoinMarketCap.

To mine Chia coin, you will need hardware with large storage as the protocol works based on a new consensus of Proof of Space and Time. The bigger space you have, the more the XCH you are likely to mine. With a recent report revealing the reduction in the shelf life of regular storage hardware used in mining the XCH coins, many investors are exploring alternatives to acquire the digital currency. One of the ways being explored is Chia Mining Pools.

But according to other news, such mining destroys SSD and PCs in several months. So is such a "green" mining worth it? Or there are better alternatives?
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on May 25, 2021, 09:38:35 AM
No, unfortunately, practice has shown that mining this coin leads to extremely fast wear of solid-state drives, and the level of energy consumption, although lower than that of bitcoin, is still quite high.
Title: Re: Is Chia coin "green"?
Post by: Klassew on May 26, 2021, 01:36:50 PM
Okay then. Is it possible to use even less electricity? In the situation with Chia, I don't really like that you have to invest twice. Buying additional supply, which had risen in price + paying extra fees for electricity. Isn't it better to simply invest in any more popular and stable coin?
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on May 31, 2021, 05:10:40 PM
No, as practice has shown, chia mining is very unecological. Today I read the news that manufacturers have started to release updated SSDs with increased power. This is nonsense! It is much easier to find a more eco-friendly coin and pay attention to it. For example, I can recommend сrypton. To mine this coin, you only need a PC and the Internet.
Title: Re: Is Chia coin "green"?
Post by: WalletInvestor on June 01, 2021, 11:19:09 AM
It definitely sounds like a project that wasn't thought through very well. It is now quite well documented that mining can wear out devices quicker than ordinary use, and the case we see with Chia is even more extreme. E-waste is a big environmental problem, so lessening the use of electricity is not that great if it comes at the cost of producing more waste.
Title: Re: Is Chia coin "green"?
Post by: Klassew on June 07, 2021, 03:15:37 PM
It definitely sounds like a project that wasn't thought through very well. It is now quite well documented that mining can wear out devices quicker than ordinary use, and the case we see with Chia is even more extreme. E-waste is a big environmental problem, so lessening the use of electricity is not that great if it comes at the cost of producing more waste.

You're right. No matter if it's e-waste or some additional supplies, it's not good for the environment. And what if, as it was told above, all you need is a PC and internet connection? Seems to be a better case. As anyway all of us own computers and use the internet.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on June 08, 2021, 01:23:00 PM
Hmm, absolutely. By the way, the release of more energy-intensive SSDs has already been announced, so it begins to seem to me that it was beneficial to someone from the outside.
Title: Re: Is Chia coin "green"?
Post by: Klassew on June 11, 2021, 04:17:12 PM
I can't even imagine how many complaints did the producers receive after all that stuff with broken equipment. Anyway, they've already earned so much money, that they can do whatever they want.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on June 15, 2021, 11:45:13 AM
Hmm, and now there will always be a risk of reselling the SD after mining chia. I can't even imagine what will happen next.
Title: Re: Is Chia coin "green"?
Post by: Klassew on June 22, 2021, 10:00:29 AM
I'm sure that now it's already a great risk of buying a used SSD as this hype is all around the world. People which want to buy that stuff not for mining are in the worst situation now. The market went crazy and you have to pay several times more for all these supplies.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on June 22, 2021, 12:41:33 PM
I still don't understand all this excitement about such a hopeless coin. I don't think it's worth investing in. I'll keep an eye on it.
Title: Re: Is Chia coin "green"?
Post by: Klassew on June 23, 2021, 04:11:37 PM
And I believe that you're right about your decision. As for me, I'm mining Crypton https://utopia-ecosystem.com/ now for no costs. As it requires just PC and internet connection. I believe that in the nowadays situation I've made one of the best decisions. Nothing is worth investing now. It's too early.
Title: Re: Is Chia coin "green"?
Post by: CryptoStar19 on June 25, 2021, 04:14:07 PM
Chia deserves some credit if for no other reason than the fact that it introduced a new mining mechanism to the mix. In terms of long-term success we'll just have to wait and see.
Title: Re: Is Chia coin "green"?
Post by: WalletInvestor on June 25, 2021, 06:11:16 PM
It definitely sounds like a project that wasn't thought through very well. It is now quite well documented that mining can wear out devices quicker than ordinary use, and the case we see with Chia is even more extreme. E-waste is a big environmental problem, so lessening the use of electricity is not that great if it comes at the cost of producing more waste.

You're right. No matter if it's e-waste or some additional supplies, it's not good for the environment. And what if, as it was told above, all you need is a PC and internet connection? Seems to be a better case. As anyway all of us own computers and use the internet.

It is true that you only need a PC and an internet connection, and if that was all, it would be fine. But when mining wears out hardware so quickly that you have to replace hard drives every few months - as it is the case with Chia - that is not exactly economic.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on June 29, 2021, 11:13:21 AM
I noticed that the hype around chia has faded and its course is rapidly falling. Does this mean that the project turned out to be a scam?
Title: Re: Is Chia coin "green"?
Post by: Klassew on July 01, 2021, 02:51:52 PM
According to the latest news dedicated to chia, as it may be called the alternative of Crypton, it's scary to see how it loses positions and the support of miners. All those people that invested thousands of dollars on hard drives, will never reclaim their investments. So happy that I've decided to mine Crypton with 0 investments!
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on July 06, 2021, 01:47:58 PM
After all, there has already been a similar situation in history. For example, when bitcoin appeared and the entire community reacted to it with skepticism. What about now?
Title: Re: Is Chia coin "green"?
Post by: Klassew on July 07, 2021, 12:17:04 PM
I won't compare anything to Bitcoin :) As I'm sure, Bitcoin will always remain a top currency. And from new ones, green crypto needs more attention. Such as CRP, which doesn't require anything except internet connection for mining.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on July 13, 2021, 02:20:46 PM
I won't compare anything to Bitcoin :) As I'm sure, Bitcoin will always remain a top currency. And from new ones, green crypto needs more attention. Such as CRP, which doesn't require anything except internet connection for mining.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on July 20, 2021, 10:57:37 AM
Well, maybe I'm exaggerating a little=) However, I am more than sure that this coin will be successful in the next few years, because it is green.
Title: Re: Is Chia coin "green"?
Post by: Klassew on July 22, 2021, 12:41:38 PM
 I've found a good, I guess, offer from Utopia p2p. They've announced a huge promo action for miners yesterday - https://bitcoingarden.org/forum/index.php?topic=105747.new#new I think it would be nice to get a part of their prize pool and also mine some extra coins during the participation.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on July 27, 2021, 12:08:38 PM
You know, I took part in the last AMA, which was this week. And in its course, representatives of utopia have already told about mining. To be honest, I am very impressed with the opportunities that utopia provides. In addition, if we do not forget that the project remains eco-friendly and energy-saving.
Title: Re: Is Chia coin "green"?
Post by: Klassew on July 30, 2021, 11:06:34 AM
I can tell you even more. It's now possible to run up to 50 mining bots per each PC. Of course, it also depends on your PC capacity, but it increases the number of mined coins in many times. It's interesting to check how will it affect the energy consumption.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on August 03, 2021, 09:46:52 AM
You're right, such a number of mining botls is really impressive. It seems to me that this is a great advantage for an eco-friendly project. Especially if you take into account the low level of energy consumption during mining.
Title: Re: Is Chia coin "green"?
Post by: Klassew on August 04, 2021, 11:03:27 AM
I'm not an expert in mining, but I don't think that many coins provide a similar way of mining, especially without any additional equipment. Usually, this process requires quite a big investments before you can start. And while you can also participate in a mining action and earn an additional prize, just for mining process, it's twice great.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on August 08, 2021, 03:16:47 PM
Yes, this is a very unusual mining. Its feature and an undoubted plus is the ability to create a large number of bots. In addition, mining is successfully launched on a low-power PC. And the level of energy consumption remains minimal. It looks like a really eco-friendly project.
Title: Re: Is Chia coin "green"?
Post by: Klassew on August 11, 2021, 11:48:42 AM
Of course it won't run on a very weak PC, you can check the minimal requirements inside the soft. But yes, it needs much less than most of the coins that are available to mine. And in any case, when you need nothing except the PC and internet connection, such a big mining action is worth trying.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on August 17, 2021, 09:57:08 AM
Yes, I know that the developers have tried to make mining accessible to almost any user. However, I will clarify the minimum requirements, since my pc is quite old.
Title: Re: Is Chia coin "green"?
Post by: Klassew on August 20, 2021, 10:33:45 AM
Even if you couldn't mine Crypton, you can pay your attention to the new UUSD stablecoin (https://utopiap2p.medium.com/utopia-p2p-introduces-anonymous-usd-stablecoin-backed-by-dai-f9fc213901db) from Utopia p2p. It's linked directly to US dollar 1:1. The transactions are fully anonymous, like it was with Crypton, and the liquidity of the Utopia USD is supported by market making algorithms on several exchanges.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on August 26, 2021, 08:40:50 PM
Seriously? If I'm not mistaken, most of the stablecoins were centralized before, which undoubtedly gives this new coin a real advantage.
Title: Re: Is Chia coin "green"?
Post by: Klassew on September 06, 2021, 11:43:05 AM
Exactly. It has 2 unique features - decentralization and privacy+stability in one. If it will bump - it will happen thankfully to its uniqueness. It's just a matter of time as it has to be listed somewhere and get more attention.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on September 07, 2021, 01:12:32 PM
The main thing is that we do not wait for this for too long. After all, listing a coin is not cheap. And as you remember, the project is non-commercial and self-funded.
Title: Re: Is Chia coin "green"?
Post by: Klassew on September 09, 2021, 10:57:56 AM
Non-commercial doesn't mean they have no money for improvement. And for sure, the coin has to be listed in order to get trust and popularity. By the way, Crypton already reached 31K nodes what is really amazing! For example, in February, Bitcoin had about 10K, Ethereum - 12.5K So this number impressed me a lot.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on September 13, 2021, 08:09:31 PM
Hmmmm You are right! . The developers seriously intend to conquer the crypto market. Now it remains only to observe the reaction of crypto communities and then whether they will believe in the security of this project.
Title: Re: Is Chia coin "green"?
Post by: Klassew on September 16, 2021, 12:20:10 PM
31K nodes already shows that quite a big amount of people already believe in the project. And what's the community you want to ask about the project? :) Everything will be discussed from both sides in any time. Every project has supporters and haters. So this statistics shows that things are moving in a right way.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on September 21, 2021, 10:32:25 AM
Why ask someone?=) I meant that time will tell how many users will decide to support this project. After all, the latest data showed that their number is growing. This is already a good result for a non-profit project.
Title: Re: Is Chia coin "green"?
Post by: Klassew on September 23, 2021, 04:13:11 PM
And as I've mentioned, a new bounty had started today that is held by Utopia p2p again: https://bitcoingarden.org/forum/index.php?topic=108454.new#new If I'm not mistaken a big promo action for miners stopped yesterday and now another chance to win some CRP for free. And this time, you'll 100% get it.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on September 28, 2021, 10:14:46 AM
Oh, Cool! Will you take part in it? I'm still planning to study the conditions and maybe join the participants.
Title: Re: Is Chia coin "green"?
Post by: Redix on September 28, 2021, 11:51:06 PM
I don't understand what do you mean by "green". Are you trying to tell us about a safe way of mining? If you want to have a safe way of mining Chia coin, just choose the way that doesn't use a big number of energy consumptions. Many people have a problem with electricity consumption during mining a coin. So, you need to deal with this.
Title: Re: Is Chia coin "green"?
Post by: Klassew on September 30, 2021, 04:55:40 PM
I don't understand what do you mean by "green". Are you trying to tell us about a safe way of mining? If you want to have a safe way of mining Chia coin, just choose the way that doesn't use a big number of energy consumptions. Many people have a problem with electricity consumption during mining a coin. So, you need to deal with this.

It's not about safety, but about energy consumption level. For example, Crypton is mined with simple PC and internet, what means it doesn't require any additional electricity. And chia in that case is pretty insane as more you connect - more energy is used.
Title: Re: Is Chia coin "green"?
Post by: Redix on September 30, 2021, 09:52:07 PM
Crypton is mined with simple PC and internet, what means it doesn't require any additional electricity.
Do you think PC doesn't need electricity?  ???
If we can use PC without electricity, then it is amazing. It is true if we don't mine with electricity but PC needs electricity. By the way, what do you mean by a simple PC? Is there a non-simple PC?

Title: Re: Is Chia coin "green"?
Post by: LovelyMe on October 05, 2021, 10:53:18 AM
I think you don't quite understand: the process of mining this coin has a fairly low level of energy consumption, that is, in fact, the work of a PC + mining of krypton consumes about as much electrical energy as just the work of a PC.

I'm surprised it doesn't seem eco-friendly to you.
Title: Re: Is Chia coin "green"?
Post by: WalletInvestor on October 05, 2021, 12:57:23 PM
I don't understand what do you mean by "green". Are you trying to tell us about a safe way of mining? If you want to have a safe way of mining Chia coin, just choose the way that doesn't use a big number of energy consumptions. Many people have a problem with electricity consumption during mining a coin. So, you need to deal with this.

I think by "green" they mean environmental friendliness. That is more than simply energy consumption, in this case - many criticise Chia because hardwares that store the information get destroyed by mining very quickly, which creates a lot of electronic waste, therefore it is not a green way of mining in spite of the low electricity consumption.
Title: Re: Is Chia coin "green"?
Post by: Redix on October 05, 2021, 11:54:45 PM
I think by "green" they mean environmental friendliness.
Well, you may be right. If we look at the context, environmental friendliness seems what they mean. It requires research to know whether it is really friendly with the environment or not. If Chia can make a solution for green mining, I think it is a great idea. But it the mining process must fulfill the requirements of real "green" mining.

Title: Re: Is Chia coin "green"?
Post by: Klassew on October 10, 2021, 03:03:45 PM
I have also seen enough assumptions that all the noise around the chip and solid-state drives with increased power consumption was caused specifically to create a certain kind of hype. No one knows the whole truth, but I was suspicious of this project from the very beginning.
Title: Re: Is Chia coin "green"?
Post by: hair on October 11, 2021, 12:14:03 AM
No one knows the whole truth, but I was suspicious of this project from the very beginning.
So this project can't be trusted? we should always be aware that the project could end up being a scam. I don't trust mining programs
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on October 12, 2021, 11:21:09 AM
I have also seen enough assumptions that all the noise around the chip and solid-state drives with increased power consumption was caused specifically to create a certain kind of hype. No one knows the whole truth, but I was suspicious of this project from the very beginning.
Well, not every new project can be considered suspicious. For example, Krypton or USD from Utopia p2p, also initially tried to call a scam, but at the moment it became clear to everyone. that this is not the case. But in the case of chia, you really guessed right. =)
Title: Re: Is Chia coin "green"?
Post by: Klassew on October 19, 2021, 11:46:18 AM
So this project can't be trusted? we should always be aware that the project could end up being a scam. I don't trust mining programs
It exists for 3 years already and I've seen no complaints dedicated to it anywhere. Only people that are afraid of using closed source stuff. But I don't think that it's a real problem. And on the whole, mining is only  small part of all the functions that this project offers. So it's worth trying, I believe.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on October 19, 2021, 02:34:13 PM
Yes, you're right. This is a common reason for distrust of the application. However, I do not see anything suspicious and dangerous in this and I think that this application is underestimated.
Title: Re: Is Chia coin "green"?
Post by: hair on October 20, 2021, 03:52:58 PM
It exists for 3 years already and I've seen no complaints dedicated to it anywhere. Only people that are afraid of using closed source stuff. But I don't think that it's a real problem. And on the whole, mining is only  small part of all the functions that this project offers. So it's worth trying, I believe.
I see, I'll try to find out more before deciding to join. how much profit can be got? Do you know?
Title: Re: Is Chia coin "green"?
Post by: Klassew on October 22, 2021, 11:26:42 AM
I see, I'll try to find out more before deciding to join. how much profit can be got? Do you know?
It all depends on PC characteristics and if you have any additional supply. Moreover, it depends on how many mining bots do you run. I know people that earn about 400-500$ per month by 24/7 mining on a strong PC. I think that you can ask active miners in official telegram chat to get a better understanding.
Title: Re: Is Chia coin "green"?
Post by: Luise6 on October 27, 2021, 10:53:40 AM
Chia went public in May of 2021. Already, excitement over farming Chia has caused shortages in hard drives and solid-state drive, or SSD, supply chains. This is expected to be a temporary issue during the life of Chia, but currently, it's undermining Chia's green status.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on October 27, 2021, 07:30:01 PM
Chia went public in May of 2021. Already, excitement over farming Chia has caused shortages in hard drives and solid-state drive, or SSD, supply chains. This is expected to be a temporary issue during the life of Chia, but currently, it's undermining Chia's green status.
That's exactly why I prefer Crypton from the very beginning as it's really green - all you need for mining is a PC and internet connection. You can run up to 50 mining bots per PC and don't have to pay extra fees for electricity supply. And the latest news about Crypton is that it was listed on a new exchange yesterday - https://p2pb2b.io/trade/CRP_USDT/ Maybe you'll also like it.
Title: Re: Is Chia coin "green"?
Post by: Klassew on October 29, 2021, 10:26:05 AM
And one more great news! Crypton started to grow right after the last listing and gained +50% in 24 hours https://crp.is/exchange/crp_usdt None of privacy coins show something similar as I know. So it's a great start and I hope it will continue to gain value.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on November 03, 2021, 06:31:31 PM
I will tell you even more - Crypton had already gained a value of 1$! During 2 or 3 years it was about 10-15 cents and in 1 week it has grown so fast. I'm so excited to see what will happen next! Maybe devs have some other stuff in plans that can also positively affect its rate.
Title: Re: Is Chia coin "green"?
Post by: Klassew on November 09, 2021, 11:26:49 AM
Hmm, I don't know what about the extra staff, but I saw the news that Utopia p2p sponsored the Blockchain Economy Expo. This is the First Blockchain Exhibition in the "World Expo" history. The WORLD EXPO is being held for 170 years and for the 1st time, blockchain will be introduced to the world at the same level as countries, international organizations and other traditional businesses. It seems to me that after this, the level of Crypton will soar many times, and maybe dozens of times.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on November 11, 2021, 09:56:47 AM
Wow, devs have done even more than I expected from them. Unbelievable! This is a very generous act, because someday I will remember this event as a starting point. Sponsorship of this level is very honorable.
Title: Re: Is Chia coin "green"?
Post by: Klassew on November 15, 2021, 10:12:37 AM
Exactly, it's a new level of advertisement. If the project needs improvement, such step is a must. That's twice good that coin is rising now as people that will see it for the first time, will have more trust and interest to it.
Title: Re: Is Chia coin "green"?
Post by: MrSpasybo on November 17, 2021, 11:35:47 PM
To me, CHIA is not really "green", because it still requires a large amount of resources in the form of hard drives, while people lack hard drives to use for everyday tasks. I think proof-of-stake will still be better than proof-of-story.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on November 18, 2021, 02:53:54 PM
Exactly, it's a new level of advertisement. If the project needs improvement, such step is a must. That's twice good that coin is rising now as people that will see it for the first time, will have more trust and interest to it.
Of course! In addition, do not forget that such events have a high level of filtering of unreliable content. Consequently, an unreliable scam project would not be able to become a sponsor. I think that this will eliminate the doubts of many skeptics.
Title: Re: Is Chia coin "green"?
Post by: Klassew on November 22, 2021, 06:52:33 PM
To me, CHIA is not really "green", because it still requires a large amount of resources in the form of hard drives, while people lack hard drives to use for everyday tasks. I think proof-of-stake will still be better than proof-of-story.
You're absolutely right. I didn't like the idea of chia mining frm the very beginning as it requires big investments and shows no result. As a good alternative I've found Crypton from Utopia p2p that is mined with PC and internet connection only, is a privacy coin and has its own no KYC decentralized exchange. Its rate started to grow fast lately and I'm happy that I've chosen it.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on November 28, 2021, 04:52:51 PM
Yes, this is a promising coin. I must say that I am always passionate about projects that do not require additional investments, and also promise a lot.
Title: Re: Is Chia coin "green"?
Post by: Klassew on November 29, 2021, 01:29:48 PM
Everyone promise a lot. But in this case, devs always work on the project improvement. According to the latest rumors, some new changes should happen within their own exchange. It's veeery interesting. While many other privacy coins are afraid of regulations, Utopia p2p keeps calm and continues improving.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on December 02, 2021, 09:32:11 AM
Do you know what kind of changes there should be? The developers seem to want to overtake themselves =) I have not seen such a number of changes and innovations in the project for a long time.
Title: Re: Is Chia coin "green"?
Post by: Klassew on December 03, 2021, 02:23:40 PM
Look, the teaser picture showed a scale and +1. I don't think that devs predict that Crypton will gain one more dollar in value. No one can predict that for sure. So I think it may be another exchange pair or something like that. Or maybe Crypton will be listed on one more exchange. Let's see.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on December 10, 2021, 11:20:10 AM
You were right! Incredibly, on December 6, 2021, Crypton Exchange, a decentralized  No KYC crypto exchange, added a new XMR/USDT https://crp.is/exchange/xmr_usdt trading pair to the platform. Monero (XMR) is the first third-party coin to be listed on an exchange supported by the Utopia P2P ecosystem. What do you think about it?
Title: Re: Is Chia coin "green"?
Post by: Klassew on December 10, 2021, 12:26:40 PM
I think that it was predictable and it's a very smart step from Utopia p2p team. While privacy coins are under pressure, they're delisted from big exchanges and banned in certain countries, Utopia will list them on their own exchange and gain more users. As this exchange has no restrictions or prohibitions on use by citizens of the United States or other countries.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on December 17, 2021, 12:23:16 PM
You're absolutely right! This update came in handy for world events, and also supported the general ideology of the application. Developers still adhere to the idea of providing users with freedom and data security.
Title: Re: Is Chia coin "green"?
Post by: Klassew on December 21, 2021, 10:23:58 AM
Yes, it fits not only the ideology of the project. It seems to me that it also managed to fit perfectly into the overall plan for the development and attraction of attention to the project. I think that recent events have turned out to be most welcome.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on December 27, 2021, 10:56:59 AM
Of course, Monero is more popular, but Crypton impresses me more. It's a privacy coin with its own ecosystem. This definitely guarantees a higher level of security, doesn't it?
Title: Re: Is Chia coin "green"?
Post by: Klassew on December 28, 2021, 11:24:13 AM
Yes, as I know Utopia project was created exactly to provide security and privacy. And own privacy coin and own decentralized exchange is a great bonus. When everything is in one place it's very convenient and can't be banned anyhow as it's decentralized.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on December 30, 2021, 02:28:09 PM
YES, I am pleased to realize that for the entire existence of the project, it has really proved its safety. There was not a single scandal related to his safety. Isn't this an indicator that he can be trusted?
Title: Re: Is Chia coin "green"?
Post by: Klassew on January 03, 2022, 08:25:53 PM
On the whole, yes, but still there are those that don't believe in such projects. There are many of them and most are bulls*it. In this case, I believe mobile app will bring new people. But only if the app will be added to Google Play and AppStore. And i don't think it will happen as devs prefer to remain anonymous.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on January 11, 2022, 10:46:19 AM
Hmm, maybe there's some truth in your words. On the other hand, new users can be attracted not only by placing the application on these official sites. The web is full of examples of applications that are also not placed onGoogle Play and AppStore., but this did not prevent their popularity.
Title: Re: Is Chia coin "green"?
Post by: Klassew on January 12, 2022, 10:32:08 AM
I won't be as sure as you are, but we'll see. And in the meantime Crypton exchange added Bitcoin as another exchange pair! https://twitter.com/UtopiaP2P/status/1480838807935078402?s=20 Now Bitcoin can be traded fully anonymous as this exchange is no KYC and decentralized.
Title: Re: Is Chia coin "green"?
Post by: LovelyMe on January 18, 2022, 11:35:55 AM
yes well....If I hadn't seen proofs, I would have thought it was a joke. The developers really did it: first monero, now bitcoin. Amazing
Title: Re: Is Chia coin "green"?
Post by: Klassew on January 24, 2022, 06:46:31 PM
Exactly, and the whole idea is really great. Having top coins on no KYC decentralized exchange in one place is something that I couldn't even imagine. As I understand, the list of coins will continue growing and it seems to become the top digital offshore with anonymous financial operations.