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Huge hype to plot farm,
No pools - you dare this Lotto?
At least drive sales soar.
Interested in jumping on the bandwagon and grabbing up as many expensive SSDs and big hard drives as you can to strike it rich mining Chia? (okay, I know that technically it's Chia farming but essentially we're talking about mining with hard drives so humor me). Well, if you got in early, you may have lucked out. And you may have actually solo mined (farmed) some Chia coin goodness. So are your chances good to actually make a profit now if you are just considering jumping in to this hot new Youtube craze if you believe all of the videos showing the Chia calculator's own projections to MAKE YOU RICH?
"Patience, young grasshopper."
(I couldn't resist using an apt quote from the famous "Kung Fu" television show that aired from 1972-1975 and is still magnificent to watch in my opinion. If you've never heard of it, it's a great combo of Kung Fu fighting, the American wild west culture, and some awesome Buddhist wisdom from some very cool Kung Fu masters. It's some good old American TV bad-assery (I think that's a word) back when other great shows like Kojak, Starsky and Hutch, and Hawaii Five-O were providing some great pre-Internet entertainment for hard-working blue collar workers everywhere. Nowadays none of those shows would ever unfortunately survive the snowflakian, politically-correct, woke cancel culture trying to think for us. *snaps out of my nostalgic flashback and is jolted back to the present like someone dragging the needle off a CCR or Led Zep record* Well, thank goodness they're available via DVD sets and some streaming outlets. Enjoy 'em. Yay!)
Before anyone quickly jumps in to defend Chia and its merits or to claim how wealthy they now are because of it (if so, feel free to comment below on how much you've invested in it vs. how much it's returned for you already), hear me out:
As with any new coin or gadget or innovation within the cryptocurrency realm (or really anything that you're investing your own time and money into), you OWE it to yourself to dodge all the FOMO bullets by just having enough patience to gather as much objective info from a few different sources first. I've added a couple links below to help balance out a lot of the current Chia hyping going on to help you decide if it's something that will actually make you a profit in your risk/reward quest. I'm watching the Chia space with great interest and once there's some established mining pools and a way of evening out earnings and measuring real profits I'll be way more interested.
Have fun plotting, farming and paying off your new superyacht and Lambo via the Chia Lotto if that works out for you. Otherwise enjoy keeping an eye on it while actually earning something on your other keen crypto investments in the interim. Happy (and wise) investing, everyone. Feel free to add any helpful insights below on your Chia investing experience or advice for all of us so we can collectively grow wiser (and maybe even wealthier). And it doesn't have to be in Haiku format....
Wiki link to learn about the classic Kung Fu television series
Ending with a super ultra-positive note (since I already teased snowflakes): at the very least, hard drive sales for Seagate and Western Digital are escalating enough that their stock is rising. So, another opportunity for speculators to profit. Rainbows, unicorns and butterflies, baby!! It's a groovy kind of world - because somewhere someone is always winning. And not just Charlie Sheen.
