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Seagate and Western Digital increase HDD production as Chia sends sales skyrocketing

Despite the crypto s falling price
on June 10, 2021, 6:55
TL;DR: Cryptocurrency Chia has caused demand for hard disk drives to skyrocket in Europe. As many feared when it launched, this has resulted in shortages and increasing prices, forcing Seagate and Western Digital to ramp up production of their HDDs.
The Chia blockchain uses a proof of space and time model instead of proof of work (Bitcoin) or proof of stake (Etherium 2.0), meaning people can farm the crypto by allocating their unused disk space. It s already led to a 500% increase in Adata SSD sales and warranty warnings; Chia farming can reportedly ruin a 512GB SSD in 40 days. ....

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Seagate shows off limited edition Cyberpunk 2077-themed SSD

Cyberpunk hype has wound down significantly after its release disappointed users of last generation consoles and failed to deliver on some of the promises made by developer. ....

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Showa Denko Contracts with Seagate to Jointly Develop HAMR Technology-based HD Media

TOKYO, June 10, 2021 - (JCN Newswire) - Showa Denko K.K. (SDK; TSE:4004) has contracted with Seagate Singapore International Headquarters Pte. Ltd. (Seagate) to jointly develop next-generation hard disk ....

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Seagate's New Disk Technology Could Likely Bring Down HDD Increasing Prices — How Does it Perform?

Seagate’s new disk technology could likely be the answer to the high prices of HDDs. However, how does it perform? ....

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Win a 16TB NAS system worth £1,000!

We have another competition for you all this week! This time around, we have teamed up with Seagate, QNAP and broadbandbuyer.com to give away a pro-grade storage setup worth close to £1,000. ....

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