Bitcoin ate all the GPUs and I said nothing because I was not a gamer. Now Chia wants to eat all the hard disks, and I am pissed . I declare war on hegemonizing proof-of-waste swarms. Burn the coins. I want that disk space back.
Ethereum are the GPU's. Bitcoin utilizes ASIC's designed only for Bitcoin. This is an eventual e-waste issue, but not a GPU supply issue.
Thoughts on a “HDD shortage” from an industry insider
81–90 of 134 posts
Re: Thoughts on a “HDD shortage” from an industry insider
#82Sample size 1: every 3 months I need to buy a large hard drive (14TB+). I buy external USB ones since they are the cheapest. Since it was due, in the last couple of weeks I was scanning prices in Romania daily, in case I get lucky with a discount. In the last week, prices surged 60-100%, and stock disappeared for 4 TB+. I panicked and after a lot of scanning I managed to buy a slightly smaller one than I needed with…
...they are not. Sale last week for 8TB at £14/TB. I would say that prices are marginally higher than they were a few weeks ago...average prices are probably £16/TB at the top consumer end but supply is fine, this price is not particularly high historically, it is not unmanageable for individuals, SSDs prices are cratering (hint: buy stuff that doesn't have massive TBW, these consumer drives are unusuable for Chia...prices of this stuff has dropped by 20-30% in the past few months), and there is ample supply on other sites too (I believe the issue with Amazon is that they just ran some huge discounts on the external drives popular with consumers..they will be restocked in a week or so).
Also, you can pick up used stuff too. The supply of used drives with lots of life left is basically endless. And no-one is mining with 4TB drives.
Re: Thoughts on a “HDD shortage” from an industry insider
#83Earlier quoted context omitted.
CPU, GPU and Hard Drive.... guess we can have more dumb devices for now instead of everything IoT.
Wait until I unveil IoTCoin, it'll use PoIoT to verify the blockchain. Keep an eye out for my ICO! /s (or is it?)
Re: Thoughts on a “HDD shortage” from an industry insider
#84It's 2011 again... It took ~7 years before price went back to what they were.
Re: Thoughts on a “HDD shortage” from an industry insider
#85Earlier quoted context omitted.
There is a well known curse to Time/Newsweek/Businessweek covers. Things that make the front page there tend to do worse. No guarantee, but it’s more of an anti signal.
That's regression to the mean and perfectly normal, there's a whole science associated with it. It's not a curse or even specific to any outlet. This is a suitable example: https://web.archive.org/web/20210121061334/http://wmbriggs.c...
Re: Thoughts on a “HDD shortage” from an industry insider
#86Bitcoin ate all the GPUs and I said nothing because I was not a gamer. Now Chia wants to eat all the hard disks, and I am pissed . I declare war on hegemonizing proof-of-waste swarms. Burn the coins. I want that disk space back.
Re: Thoughts on a “HDD shortage” from an industry insider
#87Bitcoin ate all the GPUs and I said nothing because I was not a gamer. Now Chia wants to eat all the hard disks, and I am pissed . I declare war on hegemonizing proof-of-waste swarms. Burn the coins. I want that disk space back.
Uh, the last time I checked, Bitcoin mining typically uses ASICs. GPUs are not involved.
Re: Thoughts on a “HDD shortage” from an industry insider
#88Earlier quoted context omitted.
I wouldn't count on it collapsing any time soon. Not with everyone from Visa to Time magazine jumping on the bandwagon >I've never built a PC. Definitely worthwhile. Basically lego for adults. Tons of good info here https://old.reddit.com/r/buildapc/
There is a well known curse to Time/Newsweek/Businessweek covers. Things that make the front page there tend to do worse. No guarantee, but it’s more of an anti signal.
Re: Thoughts on a “HDD shortage” from an industry insider
#89Re: Thoughts on a “HDD shortage” from an industry insider
#90It's interesting that that's precisely where we are with video cards-- the easiest way to get one is to buy a prebuilt system from any of the big names. It's really not much of a stretch to see HDs go to exactly that same pressure point.
I suppose getting a card in July in a prebuilt is still better than not getting a card on its own.
While I was digging around, it looks like some of the laptops with 30 series in them are even at the "ETA: One day soon!" point.