We will use hard drives to mine Chia cryptocurrency, using the Proof of Space and Time algorithm, which is more environmentally friendly than other mining algorithms.
Popular questions about investing and farming chia
About investments in the project
The expenses for maintaining the project will include electricity costs, maintenance and replacement of hard drives, purchase of software, and other necessary expenses. We aim to minimize the expenses for maintaining the project and ensure maximum efficiency in resource utilization.
The minimum investment size in our project is $300 USD, and the maximum investment size is not limited.
Your investments will be used to purchase new hard drives, upgrade equipment, and pay for electricity needed for Chia farming.
Like any investment, we cannot guarantee profitability under all circumstances. However, we do everything possible to maximize our profitability and provide you with the opportunity to profit with us.
Within our project, the investor will receive 80% of the farming profits using their own hard drive, while the remaining 20% will be used to cover commission fees, electricity costs, and maintenance. In addition, the investor will receive an annual cashback of 5% of their investment amount. We strive to ensure maximum profits for our investors, which is why we offer competitive investment conditions for Chia farming. This is a very lucrative offer for investors, as they will receive a larger share of the farming profits without the need to purchase and maintain their own equipment.
We are ready to provide the investor with a contract that will be signed by both parties electronically and will be a legally binding document. The contract will contain all investment conditions, including the conditions for payment of farming interest.
The duration of the investment contract in the Chia farming project may vary and depends on the conditions stipulated in the contract. Usually, we offer a 4-year contract, but we are ready to consider other options.
Farming interest payments to investors will be made regularly according to the conditions stipulated in the contract. In our project, farming interest payments will be made once a month to the account balance. It is important to note that we do not provide conversion services, so the investor will only be able to withdraw Chia. The only exception is the annual cashback, which will be paid in USDT (TRC-20).
Our project has a referral system that allows investors to earn additional income by attracting new clients. If an investor refers a client and that client invests in the project, the investor will receive 5% of the amount that the referral invested in the project. For example, if the referral invests $1000, the investor will receive $50. This is a simple and profitable way to earn extra money in our project.
Chia is a cryptocurrency that uses a new consensus algorithm called Proof of Space and Time to confirm transactions on its network. This algorithm allows farmers to use free disk space instead of computational power to participate in the transaction confirmation process.
The Proof of Space and Time algorithm utilizes proof of free disk space among miners. This algorithm allows farmers to “freeze” their free hard disks in a certain state for a certain period of time, which ensures network security and transaction confirmation.
Chia solves the ecological sustainability problem associated with mining cryptocurrencies like Bitcoin. Bitcoin’s Proof of Work algorithm requires massive computational power and energy, resulting in high electricity costs and negative impacts on the environment. Chia uses the Proof of Space and Time algorithm, which uses free disk space instead of energy-intensive computational power.
One of the main advantages of Chia is its Proof of Space and Time consensus algorithm, which allows for the use of free disk space instead of energy-intensive computational power. This makes Chia mining more ecologically sustainable and accessible to a wider audience. Additionally, Chia has a high degree of security and blockchain stability due to its innovative design.
Chia has good prospects for development, particularly in light of growing interest in ecologically sustainable cryptocurrencies. Additionally, the Chia development team is working to improve network performance and security, which may lead to even greater interest in this cryptocurrency.
Like other cryptocurrencies, Chia does not have centralized control and is not subject to regulatory authorities. However, various countries have laws and rules regulating the use of cryptocurrencies, so it is important to be aware of the applicable legislation in your country.