In the turbulent digital currency market, Chia has once again set off a wave of growth, with an increase of up to 22%, which has made investors shine. What is even more eye-catching is that hard disk mining Chia is gradually emerging, challenging the listing grandeur of US stock IPOs. What kind of storm will this collision between digital currency and traditional financial markets set off? Let us uncover this fascinating story together.

The surge in Chia has triggered heated discussions in the market, and investors have paid attention to the performance of this digital currency. From a technical point of view, Chia uses a different mining method from Bitcoin, namely hard disk mining. Compared with traditional mining machine mining, this mining method is more energy-saving and environmentally friendly, reduces energy consumption, and provides more possibilities for ordinary investors to participate. It is this innovative mining method that has made Chia attract much attention in the market.

While Chia is soaring, hard disk mining Chia is also quietly emerging. The launch of the Chia network has made more people aware of the potential of hard disk mining. Compared with mining machines such as Bitcoin, hard disk mining is more popular, and ordinary people can also participate in mining through simple hardware equipment, injecting new vitality into the digital currency market. This new mining method has allowed more people to see the possibilities of the digital currency market and has also brought more space for exploration to the market.

Behind the prosperity of the digital currency market, hard disk mining Chia is gradually emerging and challenging the traditional US stock IPO. The giants in the traditional financial market have also begun to pay attention to the development of the digital currency market, and have laid out blockchain technology to prepare for the challenges of the digital currency era. The rise of hard disk mining Chia not only revitalizes the digital currency market, but also makes the traditional financial market re-examine the potential of digital currency.

In the booming digital currency market, the increase in Chia coins and the rise of hard disk mining Chia are undoubtedly a highlight of the market. What kind of storm will this collision between digital currency and traditional financial markets set off? Let us wait and see and witness the future of the digital currency market. With the challenge of hard disk mining Chia, the digital currency market will usher in new changes, which will also make investors more expectant. May we explore more opportunities and challenges together in this digital currency world full of infinite possibilities.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120Btc.com) News: Known as “Green Bitcoin”, the public chain “Chia” focuses on hard drive mining.
Network", which was developed by Bram, the inventor of the P2P file transfer protocol BitTorrent.
Cohen was founded in 2017. Yesterday (14th), the company announced that it had submitted a draft registration statement for an IPO to the U.S. Securities and Exchange Commission (SEC).

Bloomberg reported that Gene, who was appointed CEO of Chia in January this year
"We believe the SEC sincerely wants projects to come in and register, so we're here," Hoffman said in a statement. We take compliance and transparency very seriously and we chose this path because we believe it is the right thing to do.

However, in an interview with Bloomberg in January this year, Hoffman stated that the company had no plans to go public in 2023 because he did not think the market would be "open."

 Talk as early as 2021 that the target is an IPO

Chia's goal of pursuing an IPO can be traced back to the bull market in 2021. At that time, Chia currency exploded in popularity after the mainnet was launched in March, which led to a trend of miners snapping up hard drives, and even caused a "hard drive shortage wave", which aroused the mainstream public focus on.

The company announced in May 2021 that it had completed US$61 million in financing at a valuation of US$500 million, and received funding from Andreessen Horowitz (a16z) and Richmond
Global Ventures and other top venture capital investors participated.

At that time, founder Hoffman revealed that the company hopes to be publicly listed through an IPO in 2021, and does not rule out a backdoor listing through a merger with a SPAC (Special Purpose Acquisition Company): Our goal has always been to go public as quickly as possible, and only an IPO can Only in this way can we further establish the robustness of our regulatory environment and allow users to use currency to hedge against the volatility of the open market.

 Chia coin rose by more than 22%

Although it took nearly two years to officially challenge the IPO, the news still caused Chia (XCH), which has been fluctuating in the range of US$38 recently, to surge by 22.5% after the news was announced, reaching a maximum of US$48.74 early this morning, a record high of US$48.74. A new high in 3 months, but it is still down more than 97% from the historical high of US$1,645 in March 2021. It was reported at US$45.96 at the time of writing, with an increase of more than 11% in the past 24 hours. It is now the 138th cryptocurrency by market value.