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Unless the miners are cutting off the supply at the silicon production level. What's to stop Antminer (or any other mining asic company) from paying 10x as much
by Phlarp 5y ago
Unless the miners are cutting off the supply at the silicon production level. What's to stop Antminer (or any other mining asic company) from paying 10x as much for a majority of TSMC capacity, RTX and Ryzen supply be damned.
- akelly 5y agoMost of TSMC's capacity is allocated years ahead of time. They're contractually obligated to supply AMD wafers at a predetermined price and volume. Also, GPUs are pretty good at mining Ethereum. ASICs are only about 2x as efficient, many miners would rather have the security of knowing they can always sell their GPUs to gamers if it all comes crashing down.