New Chia cryptocurrency is based on a mechanism that utilizes unused disk space for mining. This has led to massive price hikes of storage parts like hard drives and SSDs in Hong Kong, says a report.
While most of us are well aware that Ethereum mining, among other reasons, has led to a dearth of graphics cards, very soon we could see a shortage of storage components like hard disk drives and SSDs as well. According to a report by Hong Kong media outlet HKEPC, people there are starting to hoard large quantities of HDDs and SSDs to prepare for mining the new Chia crypto-coin that was released yesterday.
