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A comment on Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half. Parent comment

Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3... by philjohn on Thursday February 18, 2021 @06:44PM (#26187456)
Ignoring the masses of people who mine in their own homes - e.g. pool miners on places like nicehash.
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Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3... by jki275 on Thursday February 18, 2021 @07:12PM (#26187702)
If you're talking about bitcoin, most btc is mined in China by Bitmain and one other company.
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Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3... by PragmaticPulp on Thursday February 18, 2021 @08:48PM (#26188512)
Right, which is a major problem for the decentralized currency narrative. It also creates a massive incentive for market manipulation to continue keeping prices high enough for them to get ROI on the mining investment.
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Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3... by jki275 on Friday February 19, 2021 @09:11AM (#26193310)
Yes, that's a huge issue for btc. BTC isn't really a decentralized cryptocurrency anymore.

There are others that are.

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Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3... by philjohn on Saturday February 20, 2021 @05:42PM (#26208683)
No, not bitcoin, other crypto currencies, including monero, eth etc.
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Re:Nvidia announces mining GPUs, cuts the hash rate of RTX-3... by jki275 on Sunday February 21, 2021 @04:21PM (#26217336)
Which is a quite different discussion.
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