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"Chia mining can wreck a 512GB SSD in as little as 6 weeks". Crypto trader using phone white mockup screen cryptocurrency trading mobile. "Bitcoin rival Chia 'destroyed' hard disc supply chains, says its boss" (in en). "SSD prices could rise thanks to new cryptocurrency Chia" (in en). "'Green' bitcoin alternative Chia is leading to hard disc shortages". "Chinese coin miners flock to new cryptocurrency Chia resulting in hard drive shortages and price surges" (in en). ↑ Xue, Yujie Feng, Coco (23 April 2021)."This crypto claims to solve bitcoin's biggest problem" (in en). ↑ "Green crypto startup Chia Network doubles its valuation to $500 million and is mulling an IPO, report says".↑ "Chia, the 'green' Bitcoin alternative, looks to IPO as early as this year".↑ "Blockchain Startup Chia Nabs $500 Million Valuation, Eyes IPO".Pull down the latest release for your OS here. You should then add all your ticker bots to the first role.
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Concerns have also been raised about the mining process also potentially being harmful to drives' lifetime. The last two roles tickers-green and tickers-red need to be below the first role in the role list in your server settings. In May 2021 Gene Hoffman, the president of Chia Networks, admitted that "we’ve kind of destroyed the short-term supply chain" for hard disks. Hard drive manufacturer Seagate said in May 2021 that the company was experiencing strong orders and that staff were working to "adjust to market demand". Phison, a Taiwanese electronics manufacturing company, estimated that SSD prices will rise by 10% in 2021 as a result of Chia. In China stockpiling ahead of the May 2021 launch led to shortages and an increase in the price of Hard disk drives (HDD) and Solid-state drives (SSD).
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The Chia Network was founded in 2017 by American computer programmer Bram Cohen, the author of the BitTorrent protocol. The platform was created by a company called Chia Network, which saw a valuation of $500 million in a recent investment round, and claims to be aiming for an IPO before the end of 2021. Chia is a cryptocurrency where mining is based on the amount of hard disk storage space devoted to it rather than processing power, as with Proof of Work cryptocurrencies such as Bitcoin.