The world of cryptocurrency mining is evolving faster and faster, as is the birth of new cryptocurrencies. One of these is the Chia coin, which uses ssd and hdd for its production. Due to its growing popularity it could be the next major source of SSD and hard drive shortages and this could be a big problem.
The new cryptocurrency that is gaining a lot of popularity will most likely lead to the future and imminent shortage of storage units.
This is because the cryptocurrency Chia Coins created by Bram Cohen, founder of BitTorrent, to be mined does not use normal algorithms that use the computing power of GPU and CPU, but on fast and high-capacity storage devices such as ssd and hdd.
To undermine the Chia Coins, the drive must perform various read and write operations and must need a large amount of free space. In this particular operation the resistance (TBW) is a very important variant like the speed. In the long run, the derivative activity significantly decreases the duration of the SSD.
The first warning signs are starting to arrive from China. The Chinese retail market is experiencing a shortage of ssd and hdd, and from what has been reported the 8 tb hdds are already finished and the smaller formats will soon be out of stock. To run for cover, Chinese producers have started the production of SSDs dedicated only to mining. In conclusion, with more and more users starting to try their hand at mining the new cryptocurrency Chia Coin, it is very likely that, as happened with graphics cards, less and less storage devices will also be found that will be intercepted by miners, and given their scarcity a consequent price increase.