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The free market and personal liberty aren't magical tools that when combined produce a functional system. From the outside the GPU market is probably unfixably
by michaelmrose 5y ago
The free market and personal liberty aren't magical tools that when combined produce a functional system. From the outside the GPU market is probably unfixably broken. Capacity to manufacture is an extremely expensive investment that will be wasted if cryptomining on GPUs becomes merely somewhat less effective. Meanwhile GPUs are being driven out of the price range where their natural market can actually afford them.
Imagine if it were so profitable to haul small trailers of goods around for amazon that basic passenger cars went from 20k to 70k and nobody was interested in expanding car manufacturing to meet the new demand because the capacity might well go to waste next year. It would be untenable.
If car manufacturers started selling cars that were deliberately shitty at towing but still worked great for moving people from A to B I think they can be forgiven.
We want freedom to use our hardware but we need to have a functional market as well and this one has been broken for years with no sure end date.