Beware miners promoting thrashed second-hand SSDs as new

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TeamGroup T-Create Expert SSD

(Picture credit score: TeamGroup)

Chia miners are getting out of the cryptocurrency storage market and both promoting their outdated, thrashed drives at a loss or repackaging them and reselling them as new (in keeping with VNExpress). That is worrying information for would-be consumers, as a result of an SSD used for Chia mining could be successfully on the finish of its helpful life in as little as six weeks, quite than the minimal 5 years most warranties cowl you for.

The explanation for this exodus is because of Chia coin’s falling pricing. The cryptocurrency peaked at simply over $1,600 shortly after its launch again in Could, however has since tumbled to as little as $200. On the time of writing, it sits at $288, though as is widespread with all cryptocurrencies it stays unstable. And largely ineffective, obvs.

In the way it works, although, Chia is not like most cryptocurrencies. It would not depend on your CPU or GPU to do the laborious work, however quite plots out area in your SSD or laborious drive as an alternative. Mining Chia cash is not as power-draining as different currencies, but it surely does require loads of area to work effectively. And positively is not a ‘inexperienced’ cryptocurrency.

This want for area led to a quick spike in storage pricing again in Could and fears of a storage scarcity, though it was reserved to bigger capacities, and largely solely affected China. Drive pricing has since returned to regular.

We would not suggest shopping for a pre-owned SSD at the very best of occasions, but when such drives are being repackaged as new, then there is no method of telling on the time of buy.

You’ll be able to all the time have a look at the drive’s standing as soon as it is in your machine—obtain the drive monitoring software program from the producer’s web site (reminiscent of Samsung Magician) to verify how a lot information has been written to it. However by that point you might not be capable of do an entire lot about it.

Watch out who you purchase your SSDs and laborious drives from going ahead, mainly. 

Alan Dexter

Alan has been writing about PC tech since earlier than 3D graphics playing cards existed, and nonetheless vividly remembers having to combat with MS-DOS simply to get video games to load. He fondly remembers the killer combo of a Matrox Millenium and 3dfx Voodoo, and seeing Lara Croft in 3D for the primary time. He is very glad {hardware} has superior as a lot because it has although, and is especially pleased when placing the most recent M.2 NVMe SSDs, AMD processors, and laptops by way of their paces. He has a long-lasting Magic: The Gathering obsession however limits this to MTG Enviornment today.