Space Lynx
Astronaut
- Joined
- Oct 17, 2014
- Messages
- 17,503 (4.67/day)
- Location
- Kepler-186f
Processor | 7800X3D -25 all core |
---|---|
Motherboard | B650 Steel Legend |
Cooling | Frost Commander 140 |
Video Card(s) | Merc 310 7900 XT @3100 core -.75v |
Display(s) | Agon 27" QD-OLED Glossy 240hz 1440p |
Case | NZXT H710 (Red/Black) |
Audio Device(s) | Asgard 2, Modi 3, HD58X |
Power Supply | Corsair RM850x Gold |
Thats such bullshit to the current ongoing issue. Cards are mass bought for mining purposes, which adds nothing genuine to the world at this moment now. Its just everyone for it's own where greed is put up front. Coins like BTC could only be (profitable ) mined with a proper asic. A GPU in this case is extremely waste of resources. So they all jump to ETH which is one of the few coins that allow mining by GPU's. The more ETH's are mined the more difficult these maths will become over time.
In a year, few years perhaps, the ETH market collapses and thus mining becomes no longer profitable. This means that the used market will be flooded with used cards. I hope really that that day happens soon enough, because at this point it will take quite a while before a new released generation of videocards could be even bought. It's nonsense if you ask me. Put all that power into something usefull for us or humanity. Not for mining a virtual coin.
as I said before, there will always be alt coin tagging along to big daddy, even if ETH fails something else will replace it and require mining. post to this topic in 18 months and tell im wrong /shrug
I am against mining. always have been really. nothing you or I can do about it though, pandora's box has been opened. only one able to stop it is treasury secretary Yellen, and she doesn't seem like she cares all that much. sadly