A new supply shortage is now hitting SSDs and hard drives
blamed for the shortage of graphics cards in recent years, and the situation has become especially dire during the global pandemic when coupled with supply chain disruptions. If miners have their way, there’s another important PC component that could become scarce. It’s reported that if the new Chia cryptocurrency takes off, the PC industry and gamers may have to grapple with a shortage of storage, as inventory of hard disk drives and solid-state drives could quickly become depleted.
Wccftech, Chia was developed by BitTorrent creator Bram Cohen, who wants to rely on storage as a more environmentally friendly model. Cohen’s logic is that drives like SSDs and HDDs consume less energy — compared to more powerful GPUs for Ethereum mining — and are cheaper. This should hopefully make the Chia model more accessible to miners.
SSDs and HDDs, even before the cryptocurrency is listed. Even though hard disk drives are more optimum for Chia mining — you can get more storage for less as compared to SSDs — casual miners are snapping up stock of both types of drives in anticipation for the Chia launch.
MyDrivers, SSD manufacturer Jiahe Jinwei in China reported that it had been completely depleted of its 1TB and 2TB NVMe M.2 drives, Wcctech stated. This has prompted the company to take steps that mirror what AMD and Nvidia have taken in the GPU industry. Reportedly, Jiahe Jinwei will prevent miners from buying large numbers of solid-state drives intended for sale to consumers, and they’ll also make drives that are purpose-built for mining, a move that mirrors Nvidia’s mining-specific CMP graphics card.
shortages of GPUs and CPUs in today’s market, and adding an SSD shortage could significantly drive up the cost of building a rig.