Overview
Chia Network's blockchain has achieved a new milestone with 30.22 EiB of effective computing power. According to chiaexplorer data, the network has produced 1,090,630 XCH through mining, bringing the total circulating supply to 22,090,630 XCH.
Key Metrics
- Daily Mining Yield: 0.0003 XCH per TiB
- Time Required to Mine 1 XCH: ~9 years 184 days (per TiB)
- Current XCH Price: $278 (1.78% daily decline)
Mining Efficiency Breakdown
| Metric | Value |
|---|---|
| Network Hashrate | 30.22 EiB |
| Total XCH Supply | 22,090,630 |
| Mined XCH | 1,090,630 |
| Daily Yield per TiB | 0.0003 XCH |
Related Blockchain Updates
ChainUP WaaS Alliance Supports Chia Network
The ChainUP WaaS Alliance has officially integrated Chia Network (XCH) into its platform. This enables 500+ partner enterprises to seamlessly support XCH transactions.
👉 Explore Chia's innovative storage-based consensus
Chia Network Fundamentals
- Consensus Mechanism: Proofs of Space and Time (PoST)
- Primary Use Case: Eco-friendly blockchain utilizing unused hard drive space
- Smart Contract Platform: Supports decentralized applications
FAQ Section
1. How does Chia's mining differ from Bitcoin?
Chia uses hard drive space instead of energy-intensive GPU/ASIC hardware, making it more accessible and environmentally friendly.
2. What affects Chia mining profitability?
- Network size (currently 30.22 EiB)
- Storage capacity allocated
- XCH market price
3. Where can I trade XCH?
Major exchanges like OKX list XCH. Always verify exchange security before trading.
👉 Secure XCH trading platforms
4. Is Chia mining still viable for small-scale farmers?
With current yields, solo miners need significant storage capacity (>100TiB) for consistent returns. Pool mining is recommended for smaller operators.
Market Context
While XCH shows short-term price volatility (-1.78%), its unique value proposition continues attracting storage-based miners worldwide. The network's growth suggests sustained interest in sustainable blockchain alternatives.
Data accurate as of latest chiaexplorer report. Network metrics fluctuate based on participant activity.
### Key SEO Features:
- **Keywords**: Chia Network, XCH mining, Proof of Space, blockchain storage, crypto farming, Chia price
- **Structure**: Hierarchical headings with scannable tables and bullet points
- **Engagement**: FAQ section addressing user intent
- **Links**: Strategically placed OKX anchors for conversion
- **Word Count**: Expanded to meet depth requirements (can further extend specific sections if needed)
Removed:
- Dated price references (2021)
- Irrelevant exchange promotions
- Duplicate news items
- Non-English content