Newegg, Rosewill Partner in Bringing Miners the PSUs They Deserve

[FYFI13]

does "psu that they deserve" mean ones that goes up a ball of fire and takes all the hardware with it
because histrionically what rosewill psu's do

That was the first thing that came into my mind after reading the tittle

This thread is full of poor people who couldnt afford the mining equipment so they start writing hate toward miners.

Also this thread is full of clueless people that barely can see further than their own nose.

 

[dyonoctis]

I don't disagree. I was just pointing out it's still profitable... at least if things stay the same.



but they also pointed out that the overal direct influence on the world is currently quite small

I'm not sure if your aware of this, but it's breaking ground extremely well in some third world markets. Why I'm unsure of, I think it probably has to do with evading insane market taxes though.

Found a Wired article on this, one of the reason is that in those country not everyone can access traditional bank services, so they made services called "micro-finance institutions" to act as replacement. The consumers themselve are still using classic money, but those micro-finance institutions networks are using stellar lumens. (It's apparently a currency working like ripple, so it doesn't rely on mining), another upside is that fee is indeed less heavy than a service like western union.
https://www.wired.com/2016/02/why-bitcoin-will-thrive-first-in-the-developing-world/

 

[Aquinus]

does "psu that they deserve" mean ones that goes up a ball of fire and takes all the hardware with it
because histrionically what rosewill psu's do

I think you meant historically.

histrionic: n. overly theatrical or melodramatic in character or style.

This thread is full of poor people who couldnt afford the mining equipment so they start writing hate toward miners.
Why the hate when you can profit by building systems for miners but I guess lots of you guys are too busy writing hate posts instead of learning about it.
Another around of mad angry gamers.

Because it's a stupid and scummy way to make profit. Honestly, I think that it's one of the biggest scams imaginable. What else sounds better than making free money with computer hardware without having to actually do any work? Someone is going to get a pay off and it's unlikely to be you. Think about how much of a payoff all of those "early adopters" of bitcoin made out and how everyone else fared. Also, it's not enough to offset a real income in any long term way.

 

[yotano211]

what will happen when all these cryptocurrencies won't worth nothing over night....better have a reliable job

I run a small at home ebay/amazon business for 8+years. Before I got into cryptocurrencies I have never even built at system, now its over 35+ mining rigs built.

 

[yotano211]

I think you meant historically.


Because it's a stupid and scummy way to make profit. Honestly, I think that it's one of the biggest scams imaginable. What else sounds better than making free money with computer hardware without having to actually do any work? Someone is going to get a pay off and it's unlikely to be you. Think about how much of a payoff all of those "early adopters" of bitcoin made out and how everyone else fared. Also, it's not enough to offset a real income in any long term way.

Let me guess, you never got into it so you call it scummy. I dont find it scummy at all. I am using some of the money I make to take a vacation to the Florida key this year but I guess that changed. The early adopters got paid because they took a risk and some of those risks paid off.

 

[R-T-B]

Think about how much of a payoff all of those "early adopters" of bitcoin made out and how everyone else fared.

Not as much as you think.

Case in point: me.

 

[EarthDog]

Well, you bailed... others didn't. Though, I would guess that to be a small minority who held this long.

 

[R-T-B]

good to know some people learn also; you know there are "miners" who don't have/think no need a job and live from the generated income like this will last forever...

I really don't think that's common. If you do any signifigant mining, that will end in an electrical fire.

Well, you bailed... others didn't. Though, I would guess that to be a small minority who held this long.

Fun fact: Of the 10 known biggest bitcoin wallets, most haven't moved funds since the "starting days". Satoshi Yakamotos is one of them.

So, yeah, I kinda doubt this is an uncommon story. People forget wallets. People think the coin will never amount to much. People can and will be wrong. You'd be right to think few held this long.

 

[StrayKAT]

Everyone individual miner is a late adopter. There are groups who jump on this quicker and, I sus

I really don't think that's common. If you do any signifigant mining, that will end in an electrical fire.



Fun fact: Of the 10 known biggest bitcoin wallets, most haven't moved funds since the "starting days". Satoshi Yakamotos is one of them.

So, yeah, I kinda doubt this is an uncommon story. People forget wallets. People think the coin will never amount to much. People can and will be wrong. You'd be right to think few held this long.

Yakamoto is probably dead. Heh

 

[Ruru]

I truly hope that this toy money craziness ends soon. Prices need to come down, I want a reasonable priced GPU, not paying more because toy money miners buy most of those.

 

[R-T-B]

I truly hope that this toy money craziness ends soon. Prices need to come down, I want a reasonable priced GPU, not paying more because toy money miners buy most of those.

I agree with your pains, but as I've repeatedly pointed out, it's not "toy money" anymore. You can actaully directly buy that gpu you want so bad with this "toy money" for example. When's the last time monopoly money did that?

Yakamoto is probably dead. Heh

My opinion is he's not dead, but very very ashamed of his child. His last comments are actually supportive of this.

https://www.techpowerup.com/234971/on-cryptocoins-i-think-i-know-why-satoshi-nakamoto-hides