Ethereum Mining Wipes Out Radeon Inventory, AMD Stock Rallies

[jaggerwild]

They make people pay to cash in these coins after they mine them or they pay to join a site? Amazing how AMD cards have shoot up!

 

[CrAsHnBuRnXp]

So, you had a very bad experience, but you still feel the need to defend it. Totally not like a cult, right? Think whatever you want, I don't care. It's stupid.

Im sure he secretly feels the same way about your opinion.

 

[deemon]

Crypto currencies should be banned by law. This crap is the most useless thing humanity has done right after the fidget spinners. Computing some useless numbers, wasting gigawats of power on it for what exactly? Go and do compute on cancer and HIV research, but crypto currency? WHY!? No to mention it fucks up the graphics market yet again.

Tell that to gold and diamond miners. Wasting tons of gigawatts of power, manhours and equipment to dig the ground up... for what? To make some bling for rich people?

Also it's not exactly "fucking up the graphics market" but providing AMD with much needed money boost for any future R&D.

 

[RejZoR]

You do know that gold and diamonds aren't just for jewelry, but it's also used for things like CPU powering your PC? And other industrial applications?

 

[R0H1T]

Tell that to gold and diamond miners. Wasting tons of gigawatts of power, manhours and equipment to dig the ground up... for what? To make some bling for rich people?

Also it's not exactly "fucking up the graphics market" but providing AMD with much needed money boost for any future R&D.

Tell that to the people using diamond tips for cutting metals, rocks or any number of high precision industries. There's gold inside your computer, who'd have thunk it, pretty sure you didn't! The diamond is also used in labs, a diamond can handle more pressure than any other natural substance, did you know that? Gold, any number of things that require a substance which doesn't oxidize rapidly including the likes of aerospace, medicine et al.

Tell me what your crypto currency can do today, instead of just fueling speculation & GPU mining? The (large) number of people justifying this craze is hilarious & then they call bankers different names, oh the irony!

 

[deemon]

Tell that to the people using diamond tips for cutting metals, rocks or any number of high precision industries. There's gold inside your computer, who'd have thunk it, pretty sure you didn't! The diamond is also used in labs, a diamond can handle more pressure than any other natural substance, did you know that? Gold, any number of things that require a substance which doesn't oxidize rapidly including the likes of aerospace, medicine et al.

Gold. A tiny fraction, yes. More than 3/4 is used in pointless jewelry. The next big part just sits in the vaults in form of bars... just to store value or whatever... really pointless also. Or I would rather call is as useful as cryptocurrency. THEN and only then comes electronics. Then a little bit medicine and aerospace.
About 1/3 of diamonds are used for pointless jewelry.

Tell me what your crypto currency can do today, instead of just fueling speculation & GPU mining? The (large) number of people justifying this craze is hilarious & then they call bankers different names, oh the irony!

Banksters are to blame for every financial bubble and their bursting. EVERY SINGLE ONE of them! So yeah.

 

[notb]

Gold. A tiny fraction, yes. More than 3/4 is used in pointless jewelry. The next big part just sits in the vaults in form of bars... just to store value or whatever... really pointless also. Or I would rather call is as useful as cryptocurrency. THEN and only then comes electronics. Then a little bit medicine and aerospace.
About 1/3 of diamonds are used for pointless jewelry.

Just when did jewelry become pointless?

Banksters are to blame for every financial bubble and their bursting. EVERY SINGLE ONE of them! So yeah.

That's like saying that weapon manufacturers are responsible for every murder when a gun was used. Oh come on.