Korea to lift corporate crypto ban, beware crypto mining HDs: Asia Express

Beware of clapped out crypto mining hard drives being sold as new, Korea to enable institutional crypto trading, Gubi buys BTC: Asia Express.

An investigation by German news outlet Heise has revealed a growing number of complaints from customers claiming their brand-new Seagate hard drives are actually used.

The outlet suspects these drives may have been recycled from Chia mining farms in China and resold as new. Seagate reportedly told Heise that these used drives are being resold through unofficial markets, not by its authorized distributors.

Chia farming, introduced by the Chia Network in 2021, was a form of cryptocurrency mining that used hard drive storage. To put it simply, the more storage they had, the more rewards they got.

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