17 karma · joined April 29, 2021
Bitcoin requires custom hardware. Chia does not - you can use an ordinary hard drive and run a full node on a Raspberry Pi.
https://www.chia.net/whitepaper/
Pages 18-21
You could say that he is on the board that manages the pre-farm but that is not the same thing.
Disclaimer; I run a Chia blockchain explorer
https://www.chia.net/2021/02/10/chia-businesss-whitepaper.ht...
You are free to agree or disagree with the plan, but need to read it before coming to any conclusions.
If multiple people have good enough plots there can be multiple winners for the same challenge!
You can also win with the same plot file multiple times.
With Chia anybody can get started with their spare hardware.
Right now, it is a gold rush and this is leading to shortage of supply especially in China. This is a short term phenomenon as there eventually comes a point where you cannot compete against people who just have spare hardware and therefore $0 upfront investment.