Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3...
by option on Thursday February 18, 2021 @11:06AM
(#26181531)
how Syrian refugees (or any other people from war torn place) convert their assets to crypto before leaving?
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Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3...
by mactrey on Thursday February 18, 2021 @04:31PM
(#26185909)
There are no two ways about it: the Syrian refugees who were planning to buy RTX 3060s for mining are going to be hurt by this announcement.
Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3...
by selfhoster11 on Thursday February 18, 2021 @11:30AM
(#26181861)
They don't need to mine for that, merely buy existing Bitcoins.
Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3...
by Leherenn on Thursday February 18, 2021 @03:53PM
(#26185353)
Is that easy? I assume they are going to have Syrian pounds as cash. Then I guess you need to put them in a local bank account and use that account to buy BTC. Can you buy BTC with Syrian pounds? If yes, wouldn't the exchange rate be dreadful? I'm not sure exactly who would want SYP.
Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3...
by throwaway1777 on Thursday February 18, 2021 @04:47PM
(#26186131)
You need someone to accept Syrian pounds for the nvidia gpu too, and you need to buy electricity and have functional internet service... there’s really no reason to mine instead of buy in this case.
Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3...
by jonhohle on Thursday February 18, 2021 @10:26PM
(#26189261)
Hypothetically, if you are seeking fleeing hardship would you want to convert your assets to a public ledger?
Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3...
by ralmidani on Thursday February 18, 2021 @11:18AM
(#26181700)
Good question. I don't know the details, but early on in Assad's war against Syrians, the situation was easier than it is now. In 2012/2013, a lot of cash was taken to neighboring countries.