Chia Network: Crypto’s Long-Awaited Hype Cycle Might Be Starting

Hoffman hopes that by Chia going public and keeping XCH as a separate token, investors will not get hit with the wild price swings. Chia coin has been trading at about $407.00, up 6.6%. It had a low of $380.93 and a high of $425.48 in the last 24 hours. Gene Hoffman, the president and COO at Chia Network said that his network takes volatility and regulation very positively This man says that the...

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Provider Hetzner banned Chia mining due to damaged disks

Major German hosting provider Hetzner has banned mining on its servers after users started mining the cryptocurrency Chia. The ban affected cloud servers, hosting services and storage servers. Problems with the bandwidth Hetzner explained that “the use of servers for storage in the process of mining leads to problems with the bandwidth of the host systems”. Mit der Bandbreite auf...

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