Re:Nvidia cripples cryptocurrency mining on RTX 3080 and 307...
by beckingz on Tuesday May 18, 2021 @08:37PM
(#27203183)
The issue is that production is inelastic compared to demand, so scalping provides no additional value and creates higher prices by making demand seem even higher.
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Re:Nvidia cripples cryptocurrency mining on RTX 3080 and 307...
by waterhouse on Wednesday May 19, 2021 @09:43PM
(#27216458)
It also creates an incentive for those unwilling to pay high prices to find ways to do without, or to delay their purchase until production has caught up.