But why did China decided that Chia is the one to do, and why now. Why the sudde... | Hacker News

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		_nckn on May 1, 2021 \| parent \| context \| favorite \| on: SSD makers start warning that mining products like... But why did China decided that Chia is the one to do, and why now. Why the sudden focus on this crypto?

wmf on May 1, 2021 | [–]

They haven't decided Chia is the one; big miners have been rushing into every new coin that launches, including Filecoin and now Chia. It's a "deal flow" approach where you mine 50 shitcoins and hope one pops 1000x.

inter_netuser on May 1, 2021 | | [–]

China decided? What?

VectorLock on May 1, 2021 | [–]

Presumably China thought it had potential for speculative growth?

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