Editorial Bitcoin Drops Below the $40,000-mark, Raises Hopes of Graphics Card Availability

[R-T-B]

So the entire mining industry at the time crashed because of bad publicity ? Like people were making money hand over fist and they went "Oh no, we must stop !".

Pretty much. It's slightly more complicated than that (during falls, there is a brief profitability fall before the algo adjusts that scares people off), but not by much. Never underestimate the lack of peoples understanding of how crypto works, up to and including the miners.

 

[owen10578]

Uh Intel's Bitcoin mining chips does nothing to the difficulty of Ethereum Mining which is what GPUs mine.

 

[Chomiq]

Woooow:

 

[nguyen]

Incoming mass sell off of mining GPUs , please don't buy used mining GPU people, let them miners rot so we can buy new GPUs at MSRP later.

 

[lexluthermiester]

please don't buy used mining GPU people

Um, no. That's very narrow minded and foolish advice. Inexpensive cards are going to be a boon to the market.

let them miners rot so we can buy new GPUs at MSRP later.

This will happen on it's own..

 

[R-T-B]

I mean, you're all welcome to let my 2080 Super rot when I retire it. I'll probably let it go for a proper fair price (like a true used card back in the day), but if you want me to keep it, so be it.

 

[xtreemchaos]

bitcoin is like catching a wave then riding it to just before it crashes on the beach and jumping off with your pockets full, thats where the moneys at. one would think thats by design but whata i know eh.

 

[defaultluser]

That's just an assumption at this point in time, who knows when another sh!tcoin launches & (GPU) miners won't flock to it? It's essentially free money, for some, so don't bet against this ever lasting tulip crypto mania!

Simple man - because there are hundreds of other shit coins already out there looking to be the next Big Star

Welcome to Libertarian, Inc, May I take your order? The whole reason everyone gets in on the ground floor is to become rich, and "Future Rich People" are the last people to expect to coordinate on a dingle standard.

Etherium only won so quickly because it was the first solid competitor to Bitcoin (and it still took two years to become unstoppable) - it's going to take several years for the next big thing to replace it!

And, because you have proof-of-stake, Etheriukm is treading a new path never-before seen (will you keep your GPUs, or will you buy more Ether after selling?)

 

[user112]

Mining GPUs are run at a constant temperature, rarely power or temperature cycled, and run far below maximum power. Not to mention the person running the mining card has alot more reason to keep that card in good condition than the average gamer. I would choose an ex-minig card, over a general use card every time without question.

the sheds and warehouses miners use are not great places to have any running electronics in much less GPUs. durring the wrong time of year forget GPUs you could legit die in those conditions. also electron migration is more of a problem than thermal cycling.

 

[R-T-B]

the sheds and warehouses miners use are not great places to have any running electronics in much less GPUs. durring the wrong time of year forget GPUs you could legit die in those conditions. also electron migration is more of a problem than thermal cycling.

Any miner who cares about profitability is keeping those sheds and warehouses cool.

 

[lexluthermiester]

also electron migration is more of a problem than thermal cycling.

That would be incorrect. What you describe was a problem of the past and directly related to voltage not being applied in a way the pathways were designed for. Those problems have been solved with chemistry changes in the lithography process and voltage regulation techniques that fine tune how operating voltage is apllied to the circuitry. The problem of Electron Migration was solved more than a decade ago. It only exists now as a result of extreme overclocking employing high levels of voltage, far above the rated levels.

Modern stock voltages and clock speeds will never result in electron migration or pathway degradation. Heat however, can.