The Basics of Chia farming, harvesting, and plotting.
With Chia rising in popularity and attention among crypto enthusiasts, we thought it would be helpful to define and explain a few phrases that are frequently used in Chia-related discussions. We will provide you an overview of the various terminologies used to depict various roles and operations within the Chia ecosystem, primarily Chia farming, plotting and harvesting.
Chia farming utilises empty storage space on a farmer’s laptop, desktop, or corporate server. Farmers are reimbursed in the form of chia coins through a raffle-style mechanism in exchange for supplying space and maintaining the blockchain.
To farm Chia coins, one must first create or buy “chia plots.”
Plots are files on your hard drive that use up space. The process of creating these files is time-consuming and includes a great deal of cryptographic computation.
Plotting is the term used for this process.
In more technical terms, this describes the operation of looking for a proof of space to determine whether or not the farmer has won the block.
Now that we’ve covered the basics, plotting and harvesting are the two main components of chia farming. Let’s take a closer look at these two ideas.
Plotting, as previously stated, is the process of creating plot files that are then harvested as part of the Chia farming process.
The letter k represents the space occupied by a plot.
The larger the k value, the larger the plot and the longer it takes to generate.
Users of the Chia Network’s blockchain will plot unused hard drive space by installing software that generates and stores a series of cryptographic numbers in the form of plots.
Apart from the file size, there is no difference between one plot and another. The most common k value for plots right now is 32.
There are no restrictions on moving plots from one machine to another. Some people construct dedicated plotting machines that are optimised to perform the plotting process quickly, and then move the plots to a less powerful machine to harvest.
Farmers will scan their plots when a new block is broadcast on the Chia Network’s blockchain. They look to see whether they have a number that is near to the new challenge number produced from the preceding block during the scanning process.
Harvesting is the name given to this operation because if one’s number is very close to the challenge number and one generates a block, the farmer receives two Chia coins (XCH).
This procedure for verifying for proof of space is quick and requires very little electricity.
The percentage of total space owned by a farmer relative to the entire network for each challenge determines his or her chances of winning a block. On a daily basis, there are 4608 opportunities to win a challenge.
This means that the more chia plots a farmer has, the more likely one of them will win and earn Chia coins.
To recap, plotting and harvesting are both necessary steps in the Chia farming process.
Chia plotting allows you to construct plots by allocating a specific amount of spare storage space. Your computer will start harvesting after plotting is finished.
We are currently giving away 2 plots to new users on our website!