Connect with us

Blockchain

Up-and-Coming Cryptocurrency Chia Blamed for SSD/HDD Shortages

Published

on

In 2017, Bram Cohen, author of the BitTorrent protocol, founded the Chia Network and developed Chia (XCH) as a potential rival to Bitcoin (BTC). Although hardly considered among the top cryptocurrencies of 2020, Chia has been making waves in recent months. The platform was valued at $500 million in a recent investment round and will reportedly aim for an IPO before the end of the year. David Fraze, a managing partner at Richmond Global, likened Chia to “what Bitcoin would look like if it was designed with knowledge from the last 13 years.”

Prior to its launch in May 2021, countries like China, Taiwan, and Vietnam reportedly experienced shortages of hard disk drives (HDDs) and solid-state drives (SSDs), with producers like Seagate working hard to adjust to market demand. This is because Chia aimed to replace the energy-intensive system of Bitcoin by instead requiring miners to devote hard drive space to generating and storing data. This means that Chia miners must find ways to build PCs with enough hard drive space to earn the most, as rewards are given out to those with the most space used up. As more drives are built into circuit boards and circuits become more complex, PCB grounding design becomes a problem. Mixed-signal integrated circuits, with both digital and analog ports, compound problems. As such, Chia miners opt for large-capacity drives – and NVMe drives, in particular – to be able to support the mining process.

The price for these types of drives has reportedly gone up in the past week, particularly as some SSDs can only be used a certain number of times for mining Chia before they inevitably break. David Gerard, author of Libra Shrugged, explains that, “Instead of just wasting electricity, Chia chews through SSDs at a fantastic rate, and also has thoroughly wrecked the market for big HDs.” This could potentially cause not just an extended shortage of hard drives, but also an increase in the amount of electronic waste generated by the mining community. Aggelos Kiayias of the University of Edinburgh emphasizes that it’s important to analyze whether the benefits of these new cryptocurrency technologies justify the massive resources they consume. “Given the current numbers, being merely less resource hungry compared to bitcoin is a rather low bar as far as ‘green’ technology is concerned,” he says.

Of course, other cryptocurrencies have also had similar effects on hardware markets. Bitcoin has notoriously been implicated in blackouts in Iran. As a result, the Iranian government has banned the resource-draining process until at least late September. Mining Ethereum (ETH) also caused huge shortages in high-end graphics cards, causing Nvidia to release products with restrictions preventing them from being used for mining. As cryptocurrencies gain more traction, demand for the tools needed to mine them grows.

Cohen has discouraged the use of consumer hardware to mine Chia, but the platform’s own website says that it can be done by “anyone with a mobile phone [or] laptop”, encouraging many more speculators to attempt to jump on board before the currency sees increased demand.

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

Continue Reading

Blockchain

5 Reasons Why Delta Exchange is the Easiest Platform for Crypto Trading Strategies in the Indian Market

Published

on

Crypto trading in India has grown exponentially in the last few years. In 2025, the market pulled in $258 million in revenue and is on track to hit nearly $732 million by 2033, growing at a 14.3% CAGR from 2026 onwards. That kind of money doesn’t come from people buying Bitcoin on a whim and hoping for a lucky spike. It comes from traders who plan entries, manage exits, build hedges, and run full-blown crypto trading setups. 

This shift has created a new problem. Most Indian crypto exchange apps still feel built for basic spot buying without any advanced features to try. You open five tabs, check prices on one app, place orders on another, track risk on a third, and hope nothing slips through.

Delta Exchange transforms the story here. Instead of spots, Delta offers a safe trading platform to explore crypto derivatives (futures and options) across major currencies. 

Let’s understand more about Delta Exchange and why so many Indian traders end up sticking with it once they try it.

Why Try Crypto Trading Strategies on Delta Exchange 

Ranked among the top Indian crypto exchanges, Delta Exchange offers a range of features and analytics tools to simplify your crypto trading experience. 

Here’s why many traders trust Delta Exchange: 

  1. INR trading keeps things simple

If you’ve ever had to convert INR to USDT or USD just to trade Bitcoin, you know the hassle. Delta Exchange lets you deposit and withdraw in INR directly via UPI, IMPS, NEFT, and bank transfer, with your margin and profits shown in INR. 

That means no awkward crypto conversions or extra wallets – you fund your account straight from your bank and start crypto trading like it’s normal money. 

  1. Algo trading bots that actually work

Automation can save hours and reduce emotional stress and decisions, especially with fast moves in crypto F&O. Delta Exchange supports algo trading through APIs and bot integrations from platforms like TradingView and Tradetron. 

Delta Exchange supports algo trading bots
Delta Exchange supports algo trading bots

You can link your trading strategy to webhooks or APIs and let bots place trades for Bitcoin futures or other crypto options even when you’re away. If you want systematic, repeatable strategies with fewer missed opportunities, this setup feels practical and real.

And the best part? You don’t need to have any coding knowledge or degree – API Copilot does it all for you. 

  1. Lower trading fees that don’t eat into your wins

Fees matter because every percentage point you pay is one less in your pocket after a winning trade. Delta Exchange offers competitive taker and maker fees, plus a fee cap on options that limits how much you pay on low premium trades. 

This helps keep costs predictable, whether you’re trading Bitcoin or ETH futures and options. Traders who place frequent trades or use multi-leg strategies on the Indian crypto exchange can keep more of their gains, rather than having them eaten up by trading fees.

  1. Strategy Builder for practical trading plans

Strategy planning can get messy if the platform doesn’t help you visualize outcomes. Delta Exchange offers tools that let you craft crypto F&O setups with clear strike choices and expiries, plus daily, weekly, and monthly options for more precise timing. This helps you conveniently plan spreads, straddles, or hedges. 

  1. Compliance and risk measures to know

It’s one thing to trade, another to trust the platform doing it. Delta Exchange is registered with India’s Financial Intelligence Unit (FIU) and follows local KYC and AML rules. 

For risk management, the platform supports: 

  • Margin controls and stop-loss tools that help you manage positions while you trade Bitcoin or other crypto derivatives.
  • Demo account to practice trades and understand the market without real money. 
Delta’s demo account: Practice training Bitcoin without real money
Delta’s demo account: Practice training Bitcoin without real money
  • Payoff charts show you how your trade will play out with breakeven points and maximum P&L. 

This way, you can study your crypto trading strategy better before finalizing the trade.  

Apart from these, Delta also offers leverage up to 200X – a good way to amplify your profits if the market moves in your favor. 

The Bottomline 

Indian crypto traders have moved far past the buy-and-hold phase. Spot crypto trading still has its place, yet most active users now want faster ways to make money from price swings, not wait months for a rally. 

That’s where crypto F&O, spreads, and short-term setups step in. You want tools that let you react within minutes, control risk, and lock gains when the move shows up. 

Platforms that only support basic coin buying just can’t keep up with that style of trading. Serious traders want flexibility, speed, and ways to work with volatility, not sit through it – and Delta Exchange caters to such traders well. 

Disclaimer: Crypto trading carries inherent risks due to its high volatility. This article is for informational purposes only. Kindly do your own research before making any investment decisions. 

Continue Reading

Blockchain

MoonExe Aligns With the Next Phase of Stablecoin Payments as Global Regulation Accelerates

Published

on

MoonExe today reaffirmed its strategic focus on stablecoin-powered payment infrastructure as global regulatory clarity continues to accelerate across major financial jurisdictions.

Regulators worldwide are advancing frameworks that formally recognize stablecoins as legitimate instruments for payment, settlement, and treasury operations. Legislative initiatives in the United States, expanded licensing regimes in Asia, and structured compliance approaches in other regions are collectively signaling a transition from experimental adoption to regulated, real-world deployment.

As stablecoins move deeper into mainstream financial infrastructure, demand is increasing for platforms capable of delivering real-time liquidity, transparent pricing, and verifiable settlement. MoonExe’s Exchange Finance (ExFi) model is designed to address these needs by enabling stablecoin-based currency conversions that operate continuously, without dependence on traditional banking cut-off times or geographic limitations.

The platform focuses on facilitating efficient value movement while maintaining transparency through public blockchain records. Transactions executed within the MoonExe ecosystem can be independently verified via standard blockchain explorers, reinforcing confidence through auditable, immutable data.

In parallel with regulatory progress, market participants are increasingly prioritizing infrastructure reliability over speculative activity. Stablecoins are being evaluated less as alternative assets and more as operational tools capable of supporting cross-border payments, digital commerce, and treasury flows.

MoonExe continues to expand its infrastructure and partnerships to support this evolution, positioning itself as part of the foundational layer required for stablecoins to function at global scale.

For more information about MoonExe and its stablecoin payment infrastructure, visit https://moonexe.com/

Continue Reading

Blockchain

Playmaker to Launch in Q2 2026 as Midas Labs Expands Its AI-Powered Game Creation Ecosystem

Published

on

Midas Labs, a UK-based Web3 technology company, has announced the upcoming launch of Playmaker, an AI-powered game creation and launchpad platform scheduled for Q2 2026. The platform is designed to lower barriers to game development and funding, operating as a core product within the UNIFI-powered Midas ecosystem.

Playmaker will provide creators, indie studios, and early-stage visionaries with an integrated environment to ideate, build, fund, and publish games without the traditional constraints of large teams or complex technical infrastructure. By combining AI-assisted creation tools with a structured launchpad and marketplace, the platform aims to streamline the path from concept to live product.

According to Jonathan Wheatley, Chief Marketing Officer of Midas Labs, Playmaker represents a natural progression of the company’s ecosystem strategy.

“Playmaker is about enabling participation at every level — from creators and developers to early supporters and players,” said Wheatley. “By integrating AI-driven creation with funding and publishing infrastructure, we’re building a system that allows ideas to move efficiently from concept to execution.”

The platform is powered by the $PLAY token, a fixed-supply utility asset used for project participation, creator payments, marketplace transactions, and ecosystem services. $PLAY operates within the broader UNIFI ecosystem, where UNIFI serves as the access and conversion layer, reinforcing liquidity and alignment across Midas Labs’ products.

Midas Labs has structured Playmaker’s token economy around a non-mintable, scarcity-driven model, designed to support long-term sustainability as platform adoption increases.

The Playmaker launch builds on recent Midas Labs milestones, including the expansion of the Midas Play Marketplace, multiple game releases, ecosystem partnerships, and the rollout of UNIFI staking infrastructure. Together, these components form a vertically integrated environment linking creation, funding, distribution, and participation.

Playmaker is scheduled to go live in Q2 2026, with phased ecosystem access beginning with early contributors before expanding globally.

About Midas Labs

Midas Labs is a United Kingdom–based Web3 technology company focused on building scalable digital ecosystems across gaming, AI, and creator-driven platforms. Powered by the UNIFI token, Midas Labs develops infrastructure designed for long-term participation, real utility, and sustainable growth.

Continue Reading

Trending