EDIT: typo
EDIT: typo
Who is denying it? Who is "we"?
Not heard it blamed for using up hard drives before.
More like Proof of SSD-shredding.
> Most new crypto's use proof of stake
What (of any substantial volume) uses proof of stake at the moment? That's Ethereum's path, but it's not there yet.
Regarding hard drives, I think it's "Chia" that just purposely uses an insane amount of disk space; "proof of space": https://www.theguardian.com/technology/2021/may/26/new-crypt...
Those are still a cause for chip shortages as crypto customers bid themselves to the front of the line at TSMC:
"Chip manufacturing is already under huge pressure to meet demand, and TSMC is facing a serious water shortage in Taiwan on top of that. Bitmain's order only adds to the pressure, but TSMC clearly wouldn't agree to production if it didn't think it had the spare capacity. Anyone attempting to place new chip orders in the future may end up with a different outcome, though."
https://www.pcmag.com/news/cryptocurrency-miners-are-getting...