Bitcoin and Ethereum have been popular projects in the field of cryptocurrency for a long time, but in 2021 there is an emerging project: chia coin. Unlike chip mining and graphics card mining, chia uses hard disk mining. The mined tokens are XCH coins, so when mining XCH coins, should we buy chia cloud computing power or buy mining machines?

What should you pay attention to when mining?

In fact, there are currently no reliable finished products for CHIA mining machines. They are all assembled by the miners themselves. They are mainly composed of two parts: a P disk machine and a data hard disk. It mainly includes two aspects of cost, P disk machine and hard disk.

At present, the price of hard disks is relatively transparent, and the capacity of hard disks should not be less than 8TB. At present, the price of 8TB hard disks has exceeded two thousand yuan, and some are close to three thousand yuan. The most important thing is the P disk. The essence of the CHIA P disk is to first write the data to the hard disk (plots process), and then find the best answer in the P disk file (farmer process). The higher the proportion of the total capacity of the P disk file relative to the capacity of the entire network, the easier it is to burst blocks, and the higher the corresponding mining revenue. During the P disk period, there is no mining income, and the P disk is completed before mining starts.

Chia needs to provide enterprise-level server configuration computing chips and two hard disks for the P drive. One SSD with 480G or more is used as a cache disk, and the other is a P disk file storage disk, that is, the capacity of the mining disk can be as large as possible. With the intensification of P disk competition, Chia's network space will rise, which will eventually lead to a decline in the rewards of no unit of "farming space".

Without the professional technical knowledge, the possibility of P disk failure is extremely high. Once the P disk fails, the miner will receive nothing, and no particles will be harvested. Therefore, we generally do not recommend that miners with insufficient skills make P-disks by themselves. If you want to mine, you can find a professional organization to buy the P-disk service. Speaking of which, since you’ve bought all the P-disk services, why not just buy cloud computing power?

What should I pay attention to for chia cloud computing power mining?

Cloud computing power is to order a certain amount of computing power from miners, and distribute the corresponding computing power output excluding service fee income to customers within a certain period of time, and the miners will recover computing power after the property rights expire. But one advantage is that it is suitable for retail investors to participate, and it is more suitable for low-cost investors and blockchain technology novices.

However, the current Chia miner market is very chaotic, and some new miners cannot distinguish between true and false, which harms their own interests. Therefore, to purchase chia cloud computing power, it is necessary to identify and analyze the platform and establish a sense of fraud prevention. To put it simply, choose the big and not the small, and choose the old and not the new. For example, the RHY platform has invested and built a total of 27 blockchain data centers in Eastern Europe, the United States, Canada, and China. The power supply scale exceeds 600MW, and the hosting scale exceeds 350,000. RHY is currently the world's leading blockchain data center service provider.

Advantages of chia cloud computing power of RHY platform

Traditional mining requires building mines, hosting mining machines, and looking for cheap power sources, while the chia cloud computing power mining of the RHY directly packages and manages hard disk purchases, P disks, logistics, power supplies, beneficiation sites, and machine operation and maintenance for miners. Moreover, most of the chia cloud computing power platforms will withdraw their property rights after the cloud computing power expires, but mining XCH coins on the RHY platform, after the lease expires, the mining machine property rights belong to the user.

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