News The 8TB Seagate IronWolf NAS HDD Just Dropped to Pre-Chia Pricing

escksu

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Aug 8, 2019
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Its nice to see that prices are moving back to normal after the chia coin craze died. With current prices, one is expected to get around usd120 a month with 80TB plot. Mining chia coin is simply not feasible now.
 
The general concept of 'plots' of useless data no one ever actually accesses, utilizes, or even cares about having value because it 'uses less electricity than GPU mining' having 'value'...seemingly eludes me! :)
 
Sep 16, 2021
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This is still not a good price at all. I bought new 8TB external hard drives on Amazon in January of 2018 for $149.99 each. Storage prices (per TB) should trend downward over time not upward.

In 2020, new 12 TB external hard drives hit $175 on 3 separate occasions. The fact that people are willing to pay $299.99 right now is completely insane to me.