Why Are Hard Drives So Expensive?

Seriously, seems like prices keep going up.

I bought a 14TB HDD in 2020 for $300. Now I can't find any under $450.

Is there a reason for this huge price increase?

Comments

    • +5

      (profanity)

      • Well at least we don't have Poocoins stored on toilet paper…

        • Got it, make a cryptocurrency backed by toilet paper.

    • +14

      Aside from making a few people wealthy, has crypto actually done anything good for society?

      • +3

        It has revolutionised the world dude! (sarcasm)

      • actually done anything good for society?

        More green house gasses from mining. You know the BS about using renewable energy (like it grows from trees, they are either causing building of new renewable energy plants or displacing others from using cheap energy) or energy from stranded assets (maybe this crappy coal should be shut down).

        Banking the unbanked. If you don't have ID to open a bank account how do you pass AML / KYC for crypto exchanges. Then buy a recent enough phone to run the app securely to keep your crypto. How about having enough savings to avoid getting paid $1 today and end up with 80c tomorrow due to volatility.

        It is just a diversion for people from the reality of the situation. Just like flat earth theory.

        • It's fun to watch it go up and down. You'll be jealous when I drive by in my lambo purchased with shib profits 😂

          • @brendanm: You might drive a Lambo. I don't doubt that.

            I just doubt all the stuff that underpins the theory it is worth anything. It is classic emotional driven value. Much like gold. I can't believe they try to sell it as digital gold give the performance of gold: "Same, same but different."

            • @netjock: I was joking, I agree with you, it's pure speculation based on hype.

              • @brendanm: I was going to ask for a ride in your lambo. Better you pay for the expensive upkeep.

                • @netjock: If shib goes to $0.5 I'll take you for a spin.

    • Low capacity drives are used to store chia plants.

      Ch..Ch..Chia.

  • +1

    can the chia crypto die already, thanks

    • They will then just move to RAM. No limits to these funnies.

  • +3

    I bought a 20mb hdd in 1992 for $600, just to put it into perspective.

    • +1

      And the size of the thing - for perspective :)

      • Quantum Big Foot 5.25-inch drive

    • +1

      The OS footprint at the time also increased in order of magnitude

      Windows 3.1, Installed size on the hard disk was between 10 MB and 15 MB.

      A fresh install of Windows 10 takes up about 15 GB of storage space.

      It's a conspiracy! ;)

      in 1992, you still had to park the hard drive when you shut down a PC…

      • +1

        I thought that self-parking hard drives came in before 1992. I started selling computers in 1991, and I don;'t recall that being the case with either IBM, Amstrad, Teco or Commodore. However we always reccomended logging out of Windows 3.0/3.1 to avoid any data corruption. Same with Mac Classics and LCII's, though this may have been part of MacOs?

      • remember the low level formatting and colourful scandisk ? :D

    • Was that the external one for the Amiga 500? I think that cost about that much for 20mb back in those days. I wanted it, but not at that price!

      According to the RBA's inflation calculator, that's the equivalent of $1163 today… ouch.

      • Actually I think the drive I had for my Atari 1040 STE, required self-parking now I think about it, though that was from @1990.

        • you owned an STE? you rich bastard

          • @Donaldhump: LOL. No, but my friends reckon I was Jewish, as I was that tight..

            It also had a 286SX processor and 2mb of Ram. Great for CLab Notator.

      • +1

        yep :)

    • You could say that for TVs too but you are not going to settle for a 40" FHD now when you've seen the prices for a 55" 4K at the same price.

  • +5

    have you not kept your eyes on the news at all over the past year and a half?
    - Chia coin
    - global capacitor shortage (and bottlenecks on any electronics productions)
    - global pandemic limiting work resources across the board
    - And for the people that weren't out of work, they now have more to spend as they haven't been able to go on holidays…more to spend meaning they can spend more on consumer goods…meaning they are willing to spend more on something just because they can…

    • +1
      • People out of work, unable to travel and stuck at home so they are filling their hard drives with por linux distributions.
      • filling their hard drives with por linux distributions.

        pron stars are staying at home too I assume. Maybe people are converting their VHS collections to digital.

    • more to spend meaning they can spend more on consumer goods

      There is only so many fridges, TVs, game consoles you can have. Maybe spend the money on growing more arms and legs. Can't eat anymore as my bone structure can only hang so much fat and muscle off it.

      • Supply & demand….more people are buying consumer goods, meanwhile less consumer goods are being made, therefor price goes up.

        • I don't see empty shelves like the former soviet union and current developing countries. It is what the media would like for you to believe.

          I bet people would be kicking themselves right now paying up for an expensive second hand car just to be under lock down until Christmas.

          • @netjock: you don't need empty shelves for supply and demand to be taken into effect…supply and demand is ongoing (even with full shelves) and is constantly changing.

            You're only thinking about what you see at the consumer level on the shelf…..you're not thinking about whats going on at the warehousing level, or production level, or production backlog level.

            • @whitepuma: LOL you doing a Donald Trump where "Mexicans will pay for the wall but it is complicated" explanation?

              There actually isn't that much inflation in the supply chain. The 5.8% inflation number in the US is 75% made up of increase in used car prices. Inflation numbers are dodgy alright, it also goes dodgy the other way.

              How do you explain Avocados at $1 at Woolworts / Coles (pretty much unheard of), bread not shrinking by 10% (or increase in price).

              You know people who bid up price of mass produced consumer items are just "fools and their money…."

              Somehow it prices can inflate in the warehouse but not make it to the shelf. Consumer products don't multiply on shelves of warehouses just before they exit the doors.

              • @netjock: don't see how i'm doing a donald trump by explaining supply and demand to you?

                Avocados (and many other produce items made here in australia) are so cheap right now because there has been restrictions in getting the produce out of the country (whether it be by export limitations on our end or import limitation/restrictions on the other end). As a result of us not being able to get this produce out quick enough (whilst still maintaining similar stock levels to pre-pandemic) there is an over SUPPLY here within Aus….because the overseas DEMAND is either not there or restricted…..See what i mean? supply and demand playing it's part again, in this case resulting ina drop in price.
                This is the case for MOST things produced here within australia.

                Regarding your statement of "somehow it price can inflate in the warehouse but not make it to the shelf. Consumer products don't multiple on shelves of warehouses"…..i'm not sure what you're trying to say, who said their multiplying on the shelves of warehouses? i'm confused by this statement…

                • @whitepuma:

                  Avocados (and many other produce items made here in australia) are so cheap right now because there has been restrictions in getting the produce out of the country

                  You confuse Avocados with people, no restrictions on produce getting out.

                  Do you have any idea how much more we import and export. There is literally empty containers leaving the country all the time.

                  You just have an airy fairy view of supply and demand.

                  • @netjock: yes….exactly…we have empty containers leaving, meaning the demand isn't there (or the demand has been restricted)….resulting in an oversupply here…resulting in the price here going down.

                    do you not know how supply and demand works?

                    • @whitepuma: I think you don't. You have just been sucked in by all the so called headlines.

                      Here you go, the true detail behind the inflation figures

                      • @netjock: Sorry, where in there does it mentioned anything about avocado prices?

                        • @whitepuma: Had to use an example so you'd get it. Guess you still don't.

                          • @netjock: you're talking about completely different things…i'm talking about consumers having more money to spend on goods, changing the scales of supply and demand….You're talking about the change in Australia's inflation rates…..are you lost?

                            • @whitepuma:

                              i'm talking about consumers having more money to spend on goods, changing the scales of supply and demand

                              More money chasing same amount of goods = inflation.

                              are you lost?

                              Think you are. Arm chair experts on inflation jumping up and down over headlines vs reality.

  • +1

    It's incredibly frustrating. I want to build a new NAS as my current one is pretty old and has ~800Gb space left, but I can't bring myself to spent more than $30/Tb.

  • +1

    In the 90s I paid $500 for 40mb for a Mac. HDDs are so cheap now.

    • +1

      I remember upgrading my 486SX from 80mb to 120mb, than I put a Seagate 214mb in there.
      About the same time I bought 16mb of ram for some ridiculous price, than an earthquake or Tsunami hit @ Mid 1993, and Ram skyrocketed massively.

  • +1

    Can't believe I paid $200 for a 8GB Memory Stick Pro Duo as a teenager. Still hurts.

    • +1

      Tell me about it…. I remember when I paid $220 for a 5GB Seagate mini USB flash drive (which was actually a hard drive)

    • pfft, blank 700Mb Kodak Gold CD-Rs were $3 each in a jewel case when I first got a SCSI CD burner in the mid 90s

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