Share this article
Amazon Offers Mining in the Cloud for New Chia Cryptocurrency
Users in China can set up on AWS to "farm" Chia's XCH cryptocurrency.
Updated Sep 14, 2021, 12:52 p.m. Published May 7, 2021, 12:14 p.m.
The recently launched Chia cryptocurrency (XCH) can now be mined on the cloud computing platform Amazon Web Services (AWS).
STORY CONTINUES BELOW
- Setting up the system takes as little as five minutes, according to a page AWS’ Chinese website that has now been deleted, as reported by The Block on Friday.
- AWS provided a brief tutorial on how to integrate the architecture, generate wallet addresses and start “farming”, the chia equivalent of mining.
- Chia Network, a blockchain and smart transaction platform, published a white paper in February announcing its goal of making mining easier for individuals, letting them commit unused hard drive space to support its decentralized network.
- The system is geared toward supplanting the energy-intensive proof-of-work model (as used by bitcoin) with proof-of-space-time, whereby network participants show they have been storing data over a period of time.
- Created by BitTorrent founder Bram Cohen, Chia launched its platform to conduct transactions and for trading on Monday. That reportedly prompted a shortage of hard drives in China as people rushed to buy the equipment to "farm" the cryptocurrency.
See also: Listed Merchant Banking Firm Plans to Trade Shares Using Blockchain Tech From Amazon
Meer voor jou
Wat u moet weten:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Meer voor jou
ZKsync Lite to Shut Down in 2026 as Matter Labs Moves On
The company framed the move, happening in early 2026, as a planned sunset.
Wat u moet weten:
- Matter Labs plans to deprecate ZKsync Lite, the first iteration of its Ethereum layer-2 network, the team said in a post on X over the weekend.
- The company framed the move, happening in early 2026, as a planned sunset for an early proof-of-concept that helped validate their zero-knowledge rollup design choices before newer systems went live.
Top Stories
