Seagate recognizes the possibility of specialized storage development for cryptocurrencies



HDD manufacturer Seagate's new product division manager has confirmed to the news site TechRadar that it is possible to develop storage products specialized for cryptocurrency (virtual currency) applications.

Exclusive: Seagate'exploring' possible new line of crypto-specific hard drives | TechRadar

https://www.techradar.com/news/exclusive-seagate-exploring-possible-new-line-of-crypto-specific-hard-drives



Here's why excess storage could be a blessing in disguise | TechRadar

https://www.techradar.com/news/heres-why-excess-storage-could-be-a-blessing-in-disguise

Cryptocurrencies are obtained by a method called 'mining'. Mining does not really dig a mine, it is a form in which virtual currency is issued as a reward instead of taking charge of part of the calculation work required to approve the transaction of virtual currency.

Since GPUs are important for efficient mining, manufacturers are creating GPUs dedicated to mining in situations where people for game purposes and people for mining are competing for GPUs, and GPUs for gamers It is a situation that limits mining performance.

NVIDIA announces processor 'CMP' for mining & limits mining function of 'RTX 3060' --GIGAZINE



Unlike other virtual currencies, the relatively new virtual currency 'Chia' is not about CPU or GPU, but 'storage capacity' is important. In light of this situation, when asked by TechRadar, 'Do you think there will be a product release for cryptocurrencies in storage as well as GPU for mining?', Jason M., who is in charge of the new product division of Seagate.・ Mr. Feist replied, 'There is a possibility.' 'We are looking for opportunities, and maybe other companies as well,' he continued.

HDDs and SSDs are already in short supply due to the influence of 'Chia' etc., and it is also affecting people who are not aiming for mining, but storage for virtual currency applications is not in a situation where it will appear immediately, for the time being , It seems difficult to resolve the situation.

HDD / SSD is in short supply due to demand for mining crypto assets --GIGAZINE



in Hardware, Posted by logc_nt