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If this new cryptocurrency takes off it could lead to a shortage of HDDs and SSDs

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Certain high-end CPUs are hard to come by (like AMD’s Ryzen 9 5900X and 5950X), and it’s near impossible to buy a graphics card at fair market value these days, in part because of cryptocurrency mining. Adding to the tragic state of PC building in 2021, solid state drives (SSDs) and hard disk drives (HDDs) are at risk of becoming the next hard-to-buy items.

It’s because of a new cryptocurrency project called Chia, the brainchild of Bittorrent creator Bram Cohen. Chia is billed as a “better blockchain and smart transaction platform which is more decentralized, more efficient, and more secure,” but what sets it apart from most cryptocurrencies is that it is mined with unused storage space rather than graphics cards or specialized ASIC hardware.

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