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Chinese SSD maker to void device warranties used for Chia mining

Chinese company Galax warned users that it would refuse warranty service for SSDs if they are used to mine Chia cryptocurrency.

“When using SSDs for mining, the amount of data being written far exceeds the standard for daily use. This will slow down and damage the SSD. In this case, we have the right to refuse to provide services to ensure product quality, ”the manufacturer said in a statement.

The growing popularity of the new cryptocurrency has boosted sales of high-capacity SSDs from Adata by 500% over the previous month.

Several Chinese SSD manufacturers have announced the release of dedicated storage devices for Chia mining. The warranty period for them will be significantly shorter than usual.

Chia will officially start trading on May 3rd. According to the latest data, the total amount of disk space occupied by the cryptocurrency already exceeds 950 petabytes. This is about 240 thousand disks with a capacity of 4 TB.

Created by Bram Cohen, author of BitTorrent protocol, Chia Network uses Proof-of-Space and Proof-of-Time consensus algorithms [доказательства пространства и времени]…

ForkLog previously reported that Chia miners created a local HDD and SSD shortage in China.

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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