The price of SSDs is already increasing due to anticipation over Chia farming! If you're ready to get started with Chia and SSD and Hard Disk Crypto-Currency, this is the introduction to farming (mining) Chia that you've been waiting for!
Dave explains how crypto currency works, what the blockchain is and how it acts as a decentralized main ledger. He explains how Chia disk space mining is different from traditional systems such as Bitcoin and then walks you through the installation of the Chia software. Finally, he shows you how to start you first farm for producing the future currency.
00:00 - Intro
00:58 - Welcome to Cryptocurrency
02:10 - Paper Coins and the Big Ledger
03:00 - The “Prime” Coin
04:08 - Introducing the Blockchain
05:06 - The Keeper of the Blockchain
05:49 - Anonymity and Privacy: The Wallet
06:18 - Lost Wallets
06:35 - The UK Dump Wallet
07:50 - Proof of Work
08:45 - ASIC mining: doing hash all day
09:30 - Time vs Space
10:00 - How Chia Works
10:35 - Downloading and Installing Chia
11:05 - Creating Your First Wallet
12:06 - Port Forwarding if Required
12:26 - Starting Your Chia Farm
13:00 - No Sleeping!
13:25 - Remuneration Resignation
14:00 - Wear and Tear on Drives
14:40 - Command Line
15:00 - The Big Reward in the Sky
