Re:AMD vs. Intel vs. Nvidia: How Users Are Switching
by onli on Monday February 01, 2021 @11:17AM
(#25989959)
I meant this as "No GPU cyrpto mining bubble as no gpu mining takes place". Bitcoin and Litecoin are not mined with GPUs anymore.
I was under the impression that no one bought GPUs for mining anymore in general, as it's a waste of money compared to specialized hardware. During the last crypto bubble I noticed a lot of regular people building mining PCs, this time I noticed nothing of that sort. However, https://www.notebookcheck.net/New-financial-analysis-suggest... suggests I might have been wrong about that.
Re:AMD vs. Intel vs. Nvidia: How Users Are Switching
by littlecranky67 on Monday February 01, 2021 @12:03PM
(#25990477)
But there was a BTC halvening in May 2020 roughly doubling the amount of computing power required to mine same amount of coin. But I am not an expert on the mining economy so I have no idea if GPU mining is still a lucrative business.
Re:AMD vs. Intel vs. Nvidia: How Users Are Switching
by imtringued on Monday February 01, 2021 @04:57AM
(#25987248)
It's a bubble with some room to go even higher. Obviously it's going to pop one day but not today.
In the last year bitcoin is over 200%. Litecoin is almost over 100% (in fact, since April it is over 200%). I have no horse in this race, but I am not sure I would call it "not a bubble".