Skip to main content


📄️ Storage is Underutilized

IDC estimated that the average consumer with HDD storage for external backup only utilizes 23% of the capacity. This leaves a tremendous opportunity for storage-based cryptocurrencies to leverage this resource to secure the blockchain while offering the user a reward as an incentive. With Chia farming becoming easier and more accessible, the vision is that any user with extra capacity can easily participate in the Chia network, earn rewards, and quickly reclaim the space needed for user data.

📄️ Circularity

Although hyperscale datacenters may not have the immediate availability of underutilized storage, they do refresh their storage systems every 3-5 years to meet growing demand. Cloud data centers assure customers of data security. To avoid any perception of risk, storage devices are typically physically destroyed at the end of first use. Unfortunately, some of the older standards around data sanitization recommend physical destruction for sensitive data when leaving an organization’s control, despite there being a near zero risk for data leaking with modern data encryption and sanitization methods specific to storage devices.