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The Chia’s drive hard for prices for the promise of Cryptocurrency

Chia is a new cryptocurrency based on the same technology as Bitcoin. Chia runs on a system that should use less energy, called "proof of space and time" It was created by Bram Cohen, who invented the BitTorrent peer-to-peer filesharing system.

Hard drive prices in China have soared as miners stockpile storage for Chia. Vietnam is also seeing hard drive shortages as a result of China's Chia craze. If it takes off, we can expect a boom in hard drive prices - but on the flipside, graphics processor prices may come back down.

 

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