Chia’s creators want to change the way cryptocurrencies have been traditionally mined. Photo: Bloomberg
Chinese coin miners flock to new cryptocurrency Chia resulting in hard drive shortages and price surges
- Chia’s creators say they want to reduce some of the problems associated with traditional coin mining such as e-waste
- Prices of hard drives have surged in China on online platforms and in offline markets
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Chia’s creators want to change the way cryptocurrencies have been traditionally mined. Photo: Bloomberg