The first and most important is the small number of available crypto coins. We can expect cryptocurrency miners will be inclined to try chia, as a cheaper option than established cryptocurrencies. This new cryptocurrency could potentially cause an ssd or hard drive shortage by darren allan last updated 6 may 21 could chia seeds grow into a threat to ssd or hdd stock?
May 6, 2021 At 1:55 P.m.
Instead, this method makes use of a set of hard disk drives. May 4, 2021 3.10pm edt mohiuddin ahmed , edith cowan university That said, we still need to see significant improvements in the hardware as it needs more stamina for long runtimes.
This Was First Published By The Conversation — “New Chia Cryptocurrency Promises To Be Greener Than Bitcoin, But May Drive Up Hard Drive Prices“.
Chinese coin miners flock to new cryptocurrency chia resulting in hard drive shortages and price surges. Today, you can mine chia, burst, sia, storj, and filecoin on your hard drive. Unlike other cryptocurrencies, chia cannot be mined using a cpu, graphics card, or asic miner.
Moreover, A Hard Drive Is Not Everlasting, It Tends To Wear Out.
And the list ends there. A new cryptocurrency called chia, which has just begun trading, sets out to remedy these flaws while upholding cryptocurrency’s promise of a secure, decentralized form of payment. This new crypto coin aims to reduce the harmful environmental impact that comes with mining bitcoin.
Cryptocurrency Miners Are Snatching Up Hard Drives And Ssds In China In Wake Of The New Chia Cryptocurrency.
Miners in china are reportedly snatching up every hard drive and ssd they can find in response to the emergence of the chia cryptocurrency. [ february 18, 2022 ] while crypto ban remains in nigeria, us states begin acceptance altcoin [ february 18, 2022 ] here’s why bitcoin just took a massive hit in price bitcoin Chia is the creation of bram.