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>As soon as it stops being profitable for mining it will have zero resale value, and become e-waste. There's lots of old graphics cards no one sells or buys as
by vsareto 6y ago
>As soon as it stops being profitable for mining it will have zero resale value, and become e-waste.
There's lots of old graphics cards no one sells or buys as well
- sandworm101 6y agoThere are, but these could be thrown put in a matter of weeks. As soon as bitcoin prices crash again, these cards are junk. By the time the next boom happens there will be a new generation of cards and these will be unprofitable. Nvidia is simply leveraging this predictable boom-bust cycle to make a quick buck selling a polluting product. This is Captain Planet-style environmental arrogance.
- pmorici 6y agoThese cards aren’t being used to mine bitcoin gpu mining hasn’t been applicable to Bitcoin since at least 2014. These cards are being used to Ming alt coins
- sandworm101 6y agoWhatever the coin, it is all the same crypto market. The crash will come one day soon and these cards will be in dumpsters.
- LMYahooTFY 6y agoThis comment doesn't even make sense. What does "the same crypto market" mean?
- sandworm101 6y agoThe same as any other industry. The coins are all tied together in the same manner as something like the auto industry, biotech, aviation or real estate. Individual prices can rise and fall on their own merits, but there is a larger tide as investors choose to move their money in/out of the entire sector.
- LMYahooTFY 6y agoThank you for clarifying, this makes more sense.