If the coin failed then the miners are in big losses because they buy expensive ssd to mine the coin, I'd rather jump into any new coins to mine if they already listed on exchange, there is no guarantee that it's ever going to happen, too risky
OK but I don't understand why should I mine it if there is not a value for now. There is the possibility that I mine for long time to obtain some XCH and once the will list it on exchange it will cost few cent. Probably I missed a part of logical reasoning about Chia operation and I would like to know, I think is illogical creating this without give some reward. All of these miner spend money and time only hoping XCH grow in few years? It's not logical.
Who want mine a coin if there is not a value? Maybe some company or venture enter with some funds or they will enter in exchange with high value, but I really don't understand it.
Can you drop a link to this project official website? If the project is promising enough it might worth the wait, early miners are the real adopters, they can make tons of money mining coins at early stage, I'm sure the coin is very good that's why people are rushing to mine, kindly drop link to website and let me do some research on the project first, thank you