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I've become very disillusioned with this currency. So far the only things of note that Bitcoin has achieved is having a considerable impact on global warming a
by chmod775 5y ago
I've become very disillusioned with this currency.
So far the only things of note that Bitcoin has achieved is having a considerable impact on global warming and making it near impossible for mere mortals to buy GPUs at reasonable prices.
Even if any of the touted advantages were to finally materialize now, it wouldn't have been worth it.
- abrkn 5y agoGPUs are not used for Bitcoin mining
- thr0waw4yz 5y agoWithout bitcoin, there wouldn't be cryptocurrencies mined with GPUs.
- chmod775 5y agoOn Ebay I can find around a dozen people just in my local area trying to sell their mining rigs with stuff like 5 x 3070 cards: https://i.imgur.com/nI8GYsG.png https://i.imgur.com/nI8GYsG.png Graphics cards were definitely bought in stupid amounts for this purpose. Maybe not for Bitcoin anymore, since there is specialized hardware now, but it doesn't really matter which proof-of-watts-per-hour cryptocurrency we're talking about. They're all shit and the planet would be better off without them.
- cwkoss 5y agoGPUs haven't been profitable for bitcoin mining for ~8 years. Only people who are rationally mining bitcoin with GPUs are those who don't pay for their own power. Hashes per watt efficiency has risen very fast.
- webinvest 5y agoThey’re not for Bitcoin. ASICS are used for mining Bitcoin, not GPUs. Notice which cryptocurrency they’re for.