Every cryptocurrency has its own method for verifying transactions, typically by using the collective computer power of miners, who are paid for their help in cryptocurrency. The chia mining process, which the Chia Network calls "farming," relies on using empty computer storage space instead. In its current iteration, ethereum uses proof-of-work, which requires a massive amount of computer power to harvest and mine the decentralized coin. The Chia Network has a blockchain transaction platform called Mainnet, which can be downloaded on the network's website, chia.net . The chia "farming" process is a greener mining alternative, but it does still require electricity.

Source: CNN May 06, 2021 10:41 UTC