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Old 11th June 2021, 07:53   #1
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Default Cryptocurrency boosts motherboard sales

Chia coin mining fever

The buzz of cryptocurrency and blockchain continues to grow gradually turning into a new driving force in the future economic structure.

Chia coin has become the hottest topic among the crypto community, and global consumers are more focused on products and information related to this phenomenon. Chia coin mining mainly uses hard disk space as its main resource rather than processing power, as with "Proof of Work" cryptocurrencies such as Bitcoin.

It is more environmentally friendly and known as the "green bitcoin". It was created in 2017 by the inventor of BitTorrent, Bram Cohen, and is predicted to become the first enterprise-level digital currency. The mining method involves a large number of Read/Write actions, which distinguishes it from the traditional mining method. In other words, Chia coin uses storage capacity as a "proof of space", which requires much lower computing performance than traditional Bitcoin mining methods.

The purchase of traditional hard disk drives (HDD) and solid-state drives (SSD) in related industries that are highly connected to Chia coin has increased significantly. Like many brands that are highly active in mining, BIOSTAR has also taken advantage of this trend, drastically increasing its production output to cater for the growing demand. In addition to its motherboards and graphics card sales, the demand for their SSD drives has risen in recent times helping BIOSTAR’s stock prices soar through the roof.

https://fudzilla.com/news/pc-hardwar...herboard-sales
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