GPU wars and the scourge of crypto mining

admin

Administrator
I hate how crypto mining has caused the price of GPUs to go up, and to be honest crypto mining adds no value to the economy, it's just using real energy to acquire something virtual (proof of work), there are more valuable things that these GPU's could be used for such as gaming, rendering, video editing and the likes. Nvidia seems to be making a lot of money that's why they are siding with the miners and spreading misinformation like this:


these prices are just insane, if you can manager to find some in stock


experts are saying that the crypto bubble will burst and prices will crash down but the end is not in sight. I have come to hate anything crypto/blockchain related, in most cases it's a scam.
 

Denis Young

Elder Lister
Haha...

I understand how you are feeling. I have a gaming rig on standby waiting for a GPU and even worse, due to covid, the cost of importing shot up as well.

On the idea of many projects in crypto being scams, if you are a newbie you will probably encounter this a lot because scams/rug pulls have the best marketing since they shoot up in value very quickly. The ol' pump and dump.

I am a crypto veteran with close to 5 years experience so I can differentiate scams from legit projects. In fact right now, I am in the process of cashing in on some gaming NFT's that netted me around $10,000+ easy.
 
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AFI

New Lister
Haha...

I understand how you are feeling. I have a gaming rig on standby waiting for a GPU and even worse, due to covid, the cost of importing shot up as well.

On the idea of many projects in crypto being scams, if you are a newbie you will probably encounter this a lot because scams/rug pulls have the best marketing since they shoot up in value very quickly. The ol' pump and dump.

I am a crypto veteran with close to 5 years experience so I can differentiate scams from legit projects. In fact right now, I am in the process of cashing in on some gaming NFT's that netted me around $10,000+ easy.
So basically with this NFT, You bought it then resold it for a profit? How does NFT work? Sijawahi ielewa
 

Denis Young

Elder Lister
So basically with this NFT, You bought it then resold it for a profit? How does NFT work? Sijawahi ielewa
Yes. The basic description of NFT's is anything that is not crypto tokens. You can tokenize art, music, etc. I would advice you to research online especially youtube videos to learn more.
 
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