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Chia: Main HDD Price Influencer

HDD sales expected to diminish as price of Chia falls by 70%

To read this article from Investing.com, click on:
Chia: The Main HDD Price Influencer

  • HDD sales are expected to diminish as the price of Chia falls by 70%.
  • Seagate has increased its revenue expectations with an improved SEC filing from $2.85 billion to $2.95 billion.
  • Plotting Chia on SSD and HDD impacts the lifespan of the HDDs.
  • Rising demand in HDDs increases the utilization of the production line, which otherwise would be idle.
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