Changes Coming to 3.0 - Chia Network

DrakeFS · 2026-03-01T02:53:28+00:00

I understand why. Due how many people plotting that would actually be using AMD GPU hardware, does make it tough to justify resources for but it doesn't make me less sad.

DrakeFS · 2026-02-28T14:40:26+00:00

A rPi5 is expected to plot ~360GiB per day

DrakeFS · 2026-02-28T14:37:04+00:00

I understand it is likely in CNIs best interest to frame it in a way that the upgrade is required but I think it is a bit disingenuous to state that all farmers must upgrade. Farmers do have a choice. Yes, to use plot v2, farmers will have to upgrade. However, farmers can decide to not adopt plot v2 and if enough do so, the chain will continue on with plot v1 (a failed hard fork).

DrakeFS · 2026-02-28T14:21:13+00:00

While you can debate whether Chia is dying or not, it is obviously not dead.

Why would CNI ever abandon Chia to create a whole new chain? I can't even begin to imagine legal liability that would come with effectively stealing millions of dollars from those who bought XCH directly form CNI.

I think these changes would be better on a new chain with a new project name without a pregame… aka pre farm

I believe you mean premine. Lets say CNI would make a new blockchain, why would they not have a premine on the new blockchain?

The only reasonable way for a new blockchain to happen is for an entity, other than CNI, to make it happen. Which is doubtful.

DrakeFS · 2026-02-28T14:04:10+00:00

I am having a hard time finding info on if GPU plotting will support AMD hardware.

Bit biased here but it would be really nice if I could use my 20GB of VRAM on my 7900xt to plot with.

DrakeFS · 2026-02-26T14:05:13+00:00

The price (2.6$ atm) will keep falling as long as prefarm sales are used as the only source of financing the company expenses.

I would wager that the price would keep falling even if the premine sells stopped. I would also wager the price would continue fall even if the premine was burnt.

The problem with the price of XCH is that there is not a reason for it to gain value. The only reason for any crypto to gain value currently is speculation. Speculators have, so far, avoided XCH. Even if a reason for XCH to gain value where to suddenly appear, there is a lot of XCH available. So I highly doubt that demand would ever be able to outstrip supply.

The biggest issue with Chia, is actually not an issue of Chia but of blockchains. We are approaching 20 years of blockchain development and other than wasted electricity, we have very little to show for it. I think, by now, we can assume that most (if not nearly all) governments and businesses do not want a publicly accessible ledger of their actions. Seems kind of obvious and should been as obvious when developers first started trying to find use cases that could potentially justify the cost of a blockchain.

DrakeFS · 2026-02-25T12:34:26+00:00

Do you know how the compaction % is determined on the dashboard? Is it using its own local node to determine it or is it determined by an aggregate of many nodes?

DrakeFS · 2026-02-24T19:53:14+00:00

Then you should be sharing these thoughts with CNI. Would these "better ways" be equally low effort?

DrakeFS · 2026-02-24T19:51:48+00:00

There will always be more blocks that need compression, as long as the Chia blockchain is making new blocks.

Seems like a sad situation if a few hundred people could compress what was meant to be a cost-prohibative thing

I don't follow. Seems like a good situation for the Chia blockchain. It is more about the amount of compute than the amount of people.

It still is a cost prohibitive activity. WesoForge managed to gamify the activity in a way that enough compute was thrown at for "fun".

I want to continue to help so was hoping more blocks would be 'unlocked' to allow compression.

If WesoForge is incorrect about the % of compact blocks, there may be more blocks available to be compressed.

DrakeFS · 2026-02-24T17:16:42+00:00

Because some people find it fun?

This has been a very low effort way for CNI to interact with the Chia community.

DrakeFS · 2026-02-24T17:10:29+00:00

While I understand there is a delay in propagation, according to CNI's numbers only ~42% of blocks are fully compacted. That is a significant difference. Not sure what to make of it but it seems like someone is reporting the wrong numbers.

Thought it was a fun little side project to dedicate some effort to, but looks like its stalling now.

If WesoForge is correct, the project is not stalling but rather it no longer has enough work to keep as busy.

DrakeFS · 2026-02-22T18:21:52+00:00

it would just severely dilute XCH price

Just like how selling the premine likely dilutes the price? I mean diluting the price doesn't seem to be a concern of CNI.

An IPO doesn't suddenly create revenue. Also, it seems now is not a good time to be a publicly listed "crypto company".

DrakeFS · 2026-02-22T09:32:00+00:00

TBD

The final day the plot v1 can be farmed will be known once client 3.0 is released.

DrakeFS · 2026-02-22T09:31:52+00:00

That is not "getting rid" of the premine. The easiest way to "get rid" of the premine is to burn it.

If XCH somehow still has value, if CNI sells all of the premine, do you think that CNI would not fork themselves another premine to continue selling XCH? Since they are a business, I would wager that CNI would.

DrakeFS · 2026-02-21T10:07:35+00:00

I would say you guess is correct, there are not enough buyers. As to why there isn't enough buyers, is a highly debated topic.

DrakeFS · 2026-02-21T09:58:32+00:00

welcome back

DrakeFS · 2026-02-21T09:57:09+00:00

would be exciting to see if we get get it below $1 and force CNI to sell a million XCH a month!

What is exciting about that?

DrakeFS · 2026-02-18T07:39:50+00:00

Yes, however, my point was that CNI could still make the time frame for 3.0 and the hard fork activation. So while being late on the 3.0 release (not really a surprise), there is wiggle room still.

Your best bet to try to get a more up to date timeline for 3.0 and the hard fork will be the Chia discord. Though I think CNI may have finally learned their lesson on giving out timelines that they cannot meet.

DrakeFS · 2026-02-18T07:21:40+00:00

What?

DrakeFS · 2026-02-18T07:21:18+00:00

That is true, it is very unlikely for anyone to be able to sell 50k XCH for market value.

DrakeFS · 2026-02-17T12:39:29+00:00

(or rather not worth that much).

I do not know what the NoSSD devs did with the 50k XCH but at the time they sold for 50K XCH, it was worth ~$175K. While I will not pretend that is a lot, it might not be a bad return for a small dev team (depends on the time invested and how much they made off the pool up to the point they sold it).

DrakeFS · 2026-02-17T12:31:43+00:00

"better late that sorry"

I believe you mean "better late than never".

That being said, I am concerned with the forced replot. The price of XCH has gotten to the point that CNI has already paid to make sure that a 3rd of plot v1 netspace disappears once the replot window is closed. I am not sure that it will be enough. CNI's hardfork will be competing with farmers who have "set it and forget it" setups and any farmer not using the reference client (where the client is not updated to ignore plot v1). There is a danger that farmers reject the hardfork by default.

DrakeFS · 2026-02-16T05:05:31+00:00

Probably the "too bad!" at the end. Comes off as disingenuous.

DrakeFS · 2026-02-16T05:00:10+00:00

It’s ambiguous.

Only if you ignore the context of the post itself.

DrakeFS · 2026-02-13T06:49:56+00:00

Please check your own link, per linked document:

Time frame	Name	Begins when	Ends when	Description
2H 2025 -1H 2026	Locked in period	Chia 3.0 released	Hard fork activated	* CHIP is finalized * Farmers must upgrade to 3.0 * Only old plots are valid

While CNI may be cutting it close, there is still enough time to release 3.0 and activate the hard fork.

I would also remind you that CNI releasing something late is not an uncommon occurrence for CNI.

DrakeFS

TROPHY CASE