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Crypto is also good as a form of market speculation and to make gaming GPUs too expensive for gamers. Don’t sell it short!
by labster 3y ago
Crypto is also good as a form of market speculation and to make gaming GPUs too expensive for gamers. Don’t sell it short!
- ianferrel 3y ago>Don’t sell it short! Especially not without very carefully considering counterparty risk!
- geraldwhen 3y agoCrypto is no longer mined on gpus. The gpu apocalypse is over.
- nytesky 3y agoJust in time for AI to slurp up all supply?
- latchkey 3y agoDifferent class of compute. GPUs for mining didn't need to be the latest/greatest or a ton of RAM. AI needs the fastest/bestest/mostest.
- latchkey 3y agoTechnically, ETH is no longer mined on GPUs. Bitcoin stopped being mined on GPUs a decade ago. There are still plenty of other cryptos that are mined on GPUs, but their market share is tiny. The interesting thing is that ETH switching to PoS, completely decimated the GPU mining market. This had the side effect of lowering cryptos power usage significantly and also countering all of the anti-ESG arguments against ETH.