The emergence of Cryptocurrence based on CHIA storage has defined the cat among the pigeons of the storage industry, resulting in a race on high capacity hard disks and aggravating existing supply issues. A market player in particular took note.
In an e-mail Q & A with TECHRADAR PRO, to be published in full tomorrow, the storage equipment Giant Seagate revealed that it keeps a narrow eye on the space, in order to potentially launch a new range of discs constructed for this purpose.
Asked if companies could develop storage products specifically for Cryptocurrence’s use cases, Jason Mr. Feist, who heads Seagate’s emerging products, said it was a “possibility”.
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Feist said he could not offer any concrete information at this point, but suggested that the company “explore this opportunity and imagine others can also be”.
Cryptocurrences based on storage
Unlike traditional cryptocurcircles, such as Bitcoin, that minors of the chip against each other and are extremely energetic, the CHIA network operates under a system called space proof. By this method, call the farmers (note the deliberate difference in the terminology) set aside the storage space to contain cryptographic numbers, called plots.
“When the Blockchain broadcasts a challenge for the next block, farmers can scan their plots to see if they have the nearest hash the challenge. The probability of a farmer to win a block is the percentage of total space that a farmer compared to the entire network “, explains the CHIA website.
However, while the evidence of space moves away from the need for a mining operation based on the calculation, the enthusiasm around the CHIA project has led to leading shortages in a number of regions. The reports also suggested that CHIA is able to eliminate consumer readers at an alarming rate.
In the same way, Nvidia has used a specific GPU line for extraction to back up supply and improve mining performance, it is not out of the possibility of the possibility that storage players can do Something similar.