4 ms·
The article seems to conflate crypto mining with the crypto market as a whole and I think that's wrong. The choice to wind down your GPU mining operation makes
by sushid 5y ago
The article seems to conflate crypto mining with the crypto market as a whole and I think that's wrong. The choice to wind down your GPU mining operation makes sense even if the crypto market is doing very well.
1. China banned crypto mining in many regions already. Even if they're enforcing ASIC miners at the moment it seems to make sense to wind down smaller scale GPU mining operations.
2. EIP1559 is happening in about a month or so. Mining profitably will go down considerably.