Amazon offers cloud mining services for Chia

by in Cryptocurrency News

Amazon

Tech giant Amazon has unveiled the Chia cryptocurrency mining solution on its cloud computing platform Amazon Web Services (AWS).

In a quick guide, the company talks about the specifics of mining Chia and offers several options for using their cloud system for these purposes:

Compute resources of Amazon Elastic Compute Cloud, which have a large amount of memory and a high-frequency processor; Amazon Elastic Block Store with high-capacity hard drives with improved read / write capabilities; high-capacity object storage and inexpensive Amazon Simple Storage Service storage for large amounts of files.

The service is aimed at users from the PRC. It is not known exactly when AWS started promoting this solution.

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Created by Bram Cohen, author of the BitTorrent protocol, Chia Network uses Proof-of-Space and Proof-of-Time consensus algorithms.

The main Chia Network launched on March 19. At the moment, according to Chia Explorer, the amount of disk space occupied by the cryptocurrency is 3.07 exabytes - over 190 thousand HDDs with a capacity of 16 TB.