Cloud storage services not affected by Chia Crypto Farming

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Cloud storage service Backblaze today released its drive stability report for the second quarter of 2021, which seems to be rising rapidly and Significantly decreased Storage-based cryptocurrency share This quarter will hardly affect the company, and may not continue to move forward as demand “levels out.”
Despite having 181,464 drives in its four data centers and facing recent reports Chia Brick SSDIt seems that Backblaze’s biggest concern for Chia is drive supply rather than stability.However, the supply team managed to avoid being dumped too much, despite Low inventory, Because it has established a drive buffer to cope with the continuing chip shortage.
“Our supply chain team felt the main impact of Chia,” Backblaze’s chief storage cloud evangelist Andy Klein told techy’s hardware through email. “Before Chia, the supply chain team was already dealing with the impact of chip shortages because the shipments of some servers used to support our services were delayed. We have retained a security buffer to deal with such market behavior, but once there is a delay, the team will Will sweat.”
Klein explained that despite the team’s concerns, “Chia has no immediate impact because we have sufficient security buffers and procurement contracts.” He also said that demand has returned to normal now, which means we may not see Chia anytime soon. Seeds soared again. “As the balance between supply and demand is restored, this allows us to survive the rise and decline in demand for chia seeds (or at least level off).”
In addition to Chia’s insights, Backblaze’s report also gives us insight into which companies and which drives have the longest service life. If you are still working to make it profitable, even if it seems to be declining, we think this may apply to Chia.
Among all the hard drives in Backblaze, Seagate 6TB, HGST 12TB and Western Digital 16TB did not fail during the quarter. We Take a closer look hereSeagate did experience a failure last year, and HGST set a record high of five failures in the first quarter of 2021. But overall, the failure rate of all three hard drives is still very low. Seagate’s lifetime failure rate is currently 0.92%, while HGST is 0.41%. Western Digital is a new installation this quarter, and currently only 624 drives are in Backblaze’s network, so life cycle data is still being collected for them.
As for Backblaze’s overall drive, their annualized failure rate this quarter was 1.01%, which was higher than 0.85% in the first quarter of 2021 and 0.81% in the second quarter of 2020. Backblaze tells us that this jump “is within our coincidence range, but the future is worth watching.”
Finally, the company also stated that the failure rate of its HDD boot drives is twice that of its SSD boot drives, at 1.54% and 0.79%, respectively. This is controlled for age, drive model, and drive days, although this is not surprising considering that HDD involves moving parts.
Although it controls age in its general SSD and HDD failure rate comparison, Backblaze does state that “as the average age of the HDD boot drive group increases, so does the failure rate.” Although this seems obvious at first, it does It does prompt the company to ask itself whether we can see the same phenomenon in its SSD queue in the future, which is still very young.It will continue to pay attention to these data
we are at techy’s hardware Can’t speak to the data provided by Backblaze, because the company uses far more drives than we can test. But at the same time, this scale does provide us with some key insights into the future outlook of the storage industry.
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