Chia has no inventory and raises prices for high-capacity hard drives

The Chia cryptocurrency has recently entered the market and has quickly become a curious currency for miners, investors, or just those interested in this segment.

One of the features of this digital currency is that it can be mined using HDDs and SSDs. However, the latest news indicates that Chia has already caused inventory shortages and higher prices for high-performance hard drives.

Chia leads to a shortage of hard drives

The rapid popularity of the ecological Chia coin has already predicted its appearance. effects in the shop. So, just like with the graphics cards used to extract Ethereum, HDDs and SSDs are also starting to show signs of the impact of growing the currency created by the BitTorrent founder.

Thus, the Chia cryptocurrency is already beginning to influence the availability of HDD drives on store shelves. As a result, the price of this equipment is already overpriced.

According to research conducted by the site Tom's equipment, HDDs with higher capacity are the most demanded models for Chia mining. However, as the most powerful instances run out, miners are looking for other models with a different power level.

But the disadvantage of hard drives compared to GPUs is that the former have less shelf headroom. This is because solid state drives began to have more demand and higher sales than hard drives, although they are losing storage.

The hardware site states that high-performance hard drives can already be found at more than double the price recommended by the brands.

On the other hand, the study also shows that lower speed and less than 8TB models of hard drives have also increased in price, but not too exaggerated. And, unlike the more powerful ones, they still have a reserve.

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