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was 12500 for a seagate expansion 8 tb on saturday i had only 10k on me gave him advance 10k and told him that keep it aside will collect on monday and come monday he told me the prices shooted up and i had to pay 16k i argued and came back home didn't find drive else where went on wed to bargain at 14k he said the prices shooted up again and price now is 20 kWhat are the prices in the local market?
was 12500 for a seagate expansion 8 tb on saturday i had only 10k on me gave him advance 10k and told him that keep it aside will collect on monday and come monday he told me the prices shooted up and i had to pay 16k i argued and came back home didn't find drive else where went on wed to bargain at 14k he said the prices shooted up again and price now is 20 k
20k for 8tb, that’s insane pricing.
Chia Coin to blame - GPU, CPU and now Storage is affected due to mining![]()
18k to 21k is 'standard' pricing for internal 8TB drives (primarily for CCTV) here in India. External drives are sold at a lower price to clear out excess inventory for the manufacturer (this is why shucking doesn't always guarantee a particular model). And they need to clear out inventory to learn about failures rates and then run the next batch of manufacturing.
HGST have publicly stated they don't do failure testing because it's so expensive. 1 Million MBTF (mean time between failures) means that one drive out of one million drives fail in one hour of testing. And instead HGST will silently introduce new model/technology at the older rating and will wait on market feedback and adjusts their MBTF accordingly. Sales of external drives help speed this process up. This is why Seagate's 16TB external is sold at half the price of the internal drive, even though they are the same model. They need the failure statistics, sales of the internal drive aren't happening in enough volume. The price difference at lower capacities like 4TB doesn't even exist because those models already have their failure statistics.
But yes @aslisuperman09 20k is an insane price jump from 12.5k a few days before. Is this the situation with other shops in your area? I'll try and see what local pricing is tomorrow here for you.
There's no achievable ROI for someone buying drives for Chia, not at the current network saturation and trading price. Anyone buying drives for Chia today is just throwing money away.
Indeed, same with crypto as well, (bitcoin is a blip with inconsistent spikes).18k to 21k is 'standard' pricing for internal 8TB drives (primarily for CCTV) here in India. External drives are sold at a lower price to clear out excess inventory for the manufacturer (this is why shucking doesn't always guarantee a particular model). And they need to clear out inventory to learn about failures rates and then run the next batch of manufacturing.
HGST have publicly stated they don't do failure testing because it's so expensive. 1 Million MTBF (mean time between failures) means that one drive out of one million drives fail in one hour of testing. And instead HGST will silently introduce new model/technology at the older rating and will wait on market feedback and adjusts their MBTF accordingly. Sales of external drives help speed this process up. This is why Seagate's 16TB external is sold at half the price of the internal drive, even though they are the same model. They need the failure statistics, sales of the internal drive aren't happening in enough volume. The price difference at lower capacities like 4TB doesn't even exist because those models already have their failure statistics.
But yes @aslisuperman09 20k is an insane price jump from 12.5k a few days before. Is this the situation with other shops in your area? I'll try and see what local pricing is tomorrow here for you.
There's no achievable ROI for someone buying drives for Chia, not at the current network saturation and trading price. Anyone buying drives for Chia today is just throwing money away.
An average everyday user might not find any appreciable difference but technically speaking doing this is not recommended. Surveillance drives are optimized more for writes rather than reads (which makes sense because a bunch of cameras write a lot of data 24x7 but you won't be accessing it much). So you might face significant issues due to this imbalance because desktops generally put an equal load in terms of reads and writes.Also if I may ask, can these cctv surveillance drives be used in PC for normal data storage. Is there any downside to it?
I using a 4TB WD purple surveillance drive in my PC for more than 3 years... No problem until now. I m using that just for storage.Got it thanks for the explanation. Also if I may ask, can these cctv surveillance drives be used in PC for normal data storage. Is there any downside to it?
the drives are oos on amazon...
Says unavailable. I guess getting picked soon.Stock is returning, slowly. 6TB expansion for 12.4k: https://www.amazon.in/gp/product/B07C7V494X/