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Storage may get Expensive & Scarce

Brian Boru

Moderator
Aug 25, 2020
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2,299
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If you're thinking about a storage buy, keep a close eye on the market. A new crypto 'Chia' does to storage what Bitcoin etc did to GPUs, and it may not flop like almost all new crypto launches:
1. The guy behind it is the guy who invented BitTorrent—so serious tech chops;
2. Using a different more energy-friendly tech—hard drives;
3. Launched @ $1,500 a week ago, promptly lost over 50% of its price, but has since steadied and regained some ground—so maybe not going to crash.

 

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