The bulk of HDDs are sold direct to large corporations, which means Chia miners don't even have the option to interfere with supply there no matter how much money they may want to throw at it. This is quite different from GPUs where higher-end consumer GPUs would normally go practically exclusively to gamers.That's not how this works. As the models in demand sell out and fail to get restocked, demand spreads to other models. The dominoes all fall in sequence. Same thing has played out in the GPU ecosystem. We've seen this in the past with shortages in RAM too, and also in industries such as building materials and food. The analysis is completely wrong. Prices will bump up for everything and stay there until companies increase output (which they probably won't).