Gamers can heave a sigh of relief. Home-mining cryptocurrency Chia (XCH)—which sparked a run on the hard drives PC gamers rely on—flopped on its launch earlier this week, losing half its value within six hours. It’s currently trading at a third of its debut price. XCH launched on Monday with a price of just under $1,600. It briefly climbed to $1,819 but within hours fell to the $700 mark, and has since seen a steady decline to $597, shedding over $1000 of its launch price. Chia's "proof of space" model Chia uses a novel "proof of space" consensus mechanism. Instead of the energy-intensive proof-of-work ... (full story)