Chia Cryptocurrency Eats SSDs, but Remains Popular
Chia is eating up SSDs at an alarming rate, but this does not discourage its miners. The popularity of the new cryptocurrency is growing all the time.
- Chia continues to grow in popularity;
- 10 exabytes of memory have already been used to mine the cryptocurrency;
- The phenomenon is affecting price increases and hardware shortages in the market.
Chia, the new cryptocurrency that requires disk operations to mine, continues to gain popularity. This has not been hindered by news of very rapid wear and tear of SSD media during the mining process. As reported by Wccftech 10 exabytes of disk space have already been used to mine Chia. This translates into a dizzying 10 million terabytes. It is worth mentioning that just a week ago it was "only" 6 exabytes.
Such a result translates into an equally great use of SSDs. However, they do not discourage crypto miners who, in order to continue mining, will be forced to buy more storage devices. Most likely, this will influence the constantly high prices and shortages, which so far have been limited to certain regions of East Asia.
Some companies producing this type of hardware have decided to meet the expectations of crypto miners. A good example may be TeamGroup, which is responsible for releasing new type storage device, characterized by much greater endurance than other drives available on the market. In view of the growing popularity of Chia, it is doubtful that this kind of one-shot solution will protect the market of storage media from impending problems.