To mine ChiaCoin it is necessary to have hard drives, contrary to what happens for other cryptocurrencies, but that is becoming a problem because in a short time the alternative to Bitcoin can lead to a significant shortage of hard drives.
ChiaCoin is a recently appeared cryptocurrency and users who want to dedicate themselves to mining this currency have to meet the requirement of having a traditional SSD or HDD disk of the usual ones, the faster and better performance they offer much better.
In fact, they have already released a specific SSD to mine ChiaCoin, which shows that the cryptocurrency has already reached high levels of popularity so much that hard drive manufacturers begin to have drives for this currency in their plans.
However, this can be bad news and affects all users, the fact that hard drives are used to obtain ChiaCoin, cheap supports compared to the graphics cards that Bitcoin would need, is making them have a high demand throughout the world.
High demand, low supply
In some countries in Asia, ChiaCoin is becoming such a popular cryptocurrency that it is already causing problems in the supply of hard drives, which causes a shortage of these components for the whole world and every time it seems that the offer is being reduced more.
The fact that there is a shortage of discs means that to get some it may become more expensive to pay for them, that is, if ChiaCoin continues to grow in popularity we could find ourselves in a situation of high demand and little supply.
That would drive up the prices of hard drives and at the same time it would be more difficult to get them, but this is something that is not happening at the moment, although it seems that it is looming in the not too distant future. Already record makers are seeing strong demand.
It is their task to tackle the needs demanded by the market, which seems to be being demanding due to the ChiaCoin mining and is resulting in high sales of hard drives, the support that a user who wants to dedicate himself to obtaining this type of cryptocurrency would need.
Time will tell if the same thing happens that happened with graphics cards, where there was a time when there were supply problems and they began to rise in price because it was more difficult to get some. It is likely that the same will happen with hard drives and that not in a long time we will find ourselves with a shortage of hard drives due to ChiaCoin.