In the past month or so, the price of Chia hard disk has plummeted again after the mine fire. The current price is 283 US dollars, which is at least 80% lower than the peak. It can be said that it is a mine disaster. However, analysts at Barclays think this is temporary and the price of hard disk will continue to rise.

The reason is that Chia hard disk mine has increased Seagate's hard disk gross profit margin, which is expected to rise to more than 30% from 27.4% in the last quarter.

Although Chia's price has fallen, he believes that the demand in the hard disk market will surge,The market is cleaning up the inventory of low-end hard disk, and the main driving force is the high-capacity hard disk.

At present, the hard disk capacity of Chia mining has reached 28eib, accounting for about 5% of the global total shipment. It will continue to grow by the end of this year, and is expected to account for about 12% of the global total hard disk.

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