June 25, 2020

Filecoin gains traction as the next Bitcoin

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With Bitcoin Halving in May 2020, Filecoin (FIL) has lured in crypto miners and builders, particularly in China. The buzz its market entrance has sparked has created a sudden demand of key components like memory, CPU, HDD and GPU for the mining servers.

FIL mining is based on the amount of empty HDD space a user commits to its network. As such, this will drive more demand on high capacity Enterprise HDDs (12TB, 14TB & 16TB). High-capacity SSDs are another mining option; however, their price is higher than the HDDs.

We are also hearing that AMD EPYC Rome server CPUs are moving well among FIL miners. If the intrigue continues, we should be seeing more transactions on these server CPUs in the coming months, and it could be the next Bitcoin many crypto users are banking on.

About Fusion Worldwide

Fusion Worldwide is the preeminent open market distributor of electronic components and products. We source, inspect, test, and deliver a broad range of components to a large and diversified customer base that includes OEMs, CMs and ODMs across a wide array of verticals. Founded in 2001, Fusion is headquartered in Portsmouth, New Hampshire and maintains offices and quality centers in major manufacturing centers around the world. For more information visit fusionww.com, or follow Fusion Worldwide on LinkedIn, Instagram, WeChat, and X.

About Prosemi

Founded in 1998, Prosemi is Singapore's most extensive testing and assembly house, offering comprehensive electronic component quality testing solutions for the world's largest distributors, CMs, ODMs, and OEMs. A subsidiary of Fusion Worldwide, Prosemi is an ISO/IEC 17025 AS6171 accredited laboratory that uses cutting-edge technology to provide customizable solutions. For more information visit prosemi.com.sg, or follow Prosemi on LinkedIn, WeChat, and X.

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