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You're just re-emphasizing that you disagree with the demand preference of people buying GPUs, that they should have used those GPUs for gaming instead of minin
by chroem- 6y ago
You're just re-emphasizing that you disagree with the demand preference of people buying GPUs, that they should have used those GPUs for gaming instead of mining cryptocurrency.
> The problem arises when manufacturers are unable to increase supply to meet demand. Sometimes it makes sense to attack frivolous demand if that demand involves the hoarding of scarce resources.
That's not how it works, at least not in a functioning western economy. The more GPUs they sell, the more capital they will have to ramp up production. This is precisely the reason why market economies don't suffer from long-term structural supply shortages that plague command economies.
- rl3 6y ago>You're just re-emphasizing that you disagree with the demand preference of people buying GPUs, that they should have used those GPUs for gaming instead of mining cryptocurrency. Not just gaming: science, art, engineering. If the supply was scarce enough, gaming itself would take a lower priority to those. >That's not how it works, at least not in a functioning western economy. The more GPUs they sell, the more capital they will have to ramp up production. Supply is low and demand is skyrocketing. Cryptomining just makes availability of what little supply there is even more miserable. It wouldn't be unreasonable for cryptomining to be treated as a sink for GPU surplus, rather than the current sordid state of affairs.