- 0 Followers
They are pre-mining, which sucks, but the positives probably outweigh the negatives.
It will take 21 years for the rest of the world to mine as much of the Chia (XCH) cryptocurrency as the company behind it will have on the day its mainnet launches next month.
Cohen believes these features of Chia will fix both the electricity waste and centralization of Bitcoin
Cohen invented torrenting
“This may be the first fully compliant public offering for a crypto company,” a Chia spokesperson writes.
Chia that doesn’t waste electricity like Bitcoin