Pharming cryptocurrency chia (XCH) is quickly destroying hard drives. Writes about this MyDrivers, referring to the findings of researchers Fast Technology.
Chia’s active farming has been reported to shorten the lifespan of a 512GB SSD to just 40-50 days. At the same time, an SSD itself with such a memory capacity without pharming can last up to five years. A hard drive with 1 TB of memory can last for about three months.
Accordingly, 2 TB SSDs will be able to farm up to six months. Moreover, as Fast Technology found out, the amount of data written to disk grows to 256 TB in just two months of active mining of XCH.
Compensation for unprofitable pharming
Analysts are sounding the alarm that due to the hype surrounding XCH pharming, the hardware market could be flooded with corrupted hard drives. It’s worth noting that manufacturers have already dropped the warranty for SSDs killed by cryptocurrency pharming. The desire to quickly compensate for investments in damaged SSDs can be indicated by the rapid drop in the XCH rate.
Source: okex.com
Since the beginning of trading, the price of XCH has reached a low of $ 561. This is 77% less than the maximum that was recorded at $ 2,500. At the time of this writing, the price of XCH in the XCH / USDT pair is $ 1,085.
The developer of the Chia cryptocurrency project was Bram Cohen, the author of the BitTorrent protocol and the BitTorrent program. Cryptocurrency farming is hard drive based. To start mining Chia, according to preliminary information, you need a hard disk with a volume of 1 TB or more. The most optimal size is recognized as 10 TB. At the same time, over time, the requirements for disk volume for XCH pharming will increase.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
