Seagate 'exploring' possible new line of crypto-specific hard drives
The emergence of storage-based cryptocurrency Chia has set the cat amongst the pigeons in the storage industry, causing a run on high-capacity hard drives and aggravating existing supply issues. One market player in particular has taken note.
In an email Q&A with TechRadar Pro, to be published in full tomorrow, storage hardware giant Seagate revealed it is keeping a close eye on the space, with a view to potentially launching a new line of purpose-built drives.
Asked whether companies might develop storage products specifically for cryptocurrency use cases, Jason M. Feist, who heads up Seagate’s emerging products arm, said it was a “possibility”.
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Feist said he could offer no concrete information at this stage, but did suggest the company is “exploring this opportunity and imagines others may be as well”.