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Is a Chia miner worth it?

Essentially, these numbers don't look too promising for a would-be Chia miner. In its study, Backblaze has also highlighted how plotting can be very expensive as it requires fast multi-core processors and fast SSDs, something which is rarely advertised by the makers of Chia who generally tend to suggest that more storage is really all you need.

Should you build a Chia coin farm?

A final word of caution about building a big Chia coin farm here. Just because you've got a Chia farm up and running, don't expect massive rewards. We've gone over the numbers already, but the returns for 10TB of plots right now are averaging around $0.50 per day, and that's likely to drop.

Is farming Chia profitable?

Farming Chia could make our buffer space profitable when it would otherwise be sitting on the shelves or drawing down power in the live buffer. When we started investigating Chia, the Chia Calculator said we could potentially make $250,000 per week before expenses.

What is Chia Coin & how does it work?

Some of the fundamental blockchain concepts aren't radically different from what's gone before, but Chia coin ditches the Proof of Work algorithm for securing the blockchain and instead implements Proof of Space — technically Proof of Time and Space, but the latter appears to be the more pertinent factor.

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