Re:Intel to spend $20B on two new chip factories in Arizona
by Scoundreller on Tuesday March 30, 2021 @03:20AM
(#26631978)
My friend can sell his 7y.o. GPU that he bought 3-4y ago for 50 EUR for 100EUR today. And it’s useless for mining.
Re:Intel to spend $20B on two new chip factories in Arizona
by baybal2 on Tuesday March 30, 2021 @06:21AM
(#26632946)
> And it’s useless for mining.
Tell these to people who keep mining at loss for god knows what reason
Re:Intel to spend $20B on two new chip factories in Arizona
by gruturo on Tuesday March 30, 2021 @06:39AM
(#26633026)
They may be counting on the price going up in the future, given past trends. It's not like they have to immediately sell whatever they mine.
(Yes, if you are really betting on that, you may as well skip the mining and buy the coins outright, but maybe they have cheap power or other reasons)
Re:Intel to spend $20B on two new chip factories in Arizona
by samvher on Tuesday March 30, 2021 @03:36AM
(#26632055)
Even though mining doesn't directly drive up the price of that GPU, it does do so indirectly. Miners push gamers out of the new GPU market so the gamers go elsewhere. And old GPUs can be pretty valuable for making it through the year (while waiting to obtain something better).
Re:Intel to spend $20B on two new chip factories in Arizona
by dj_gitmo on Tuesday March 30, 2021 @10:08AM
(#26634753)
Looked it up and apparently:
> Industry statistics indicate that creating an integrated circuit on a 300 mm wafer requires approximately 2200 gallons of water in total, of which 1500 gallons is ultra-pure water.
It's partially to mitigate supply risk. Recently, drought has worsened the supply of chip production, many of which are concentrated in Taiwan[1]. If you go on any PC parts forum, you will see that parts like new GPUs are nearly impossible to get. Some years back, flooding in Thailand[2] also threatened the supply of hard drives.
[1] https://thediplomat.com/2021/03/taiwan-prays-for-rain-as-dro...
[2] https://www.theguardian.com/technology/2011/oct/25/thailand-...