Crypto crash deepens, stocks slip

Re:Crypto crash deepens, stocks slip by sva_ on Wednesday May 19, 2021 @09:44AM (#27208483)

I think there's a realistic chance that you'll soon be able to get them at a nice discount on ebay.

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Re:Crypto crash deepens, stocks slip by kevingadd on Wednesday May 19, 2021 @09:48AM (#27208531)

Ethereum switching to PoS seems like it would definitely reduce the incentive to buy truckloads of gpus

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Re:Crypto crash deepens, stocks slip by eeegnu on Wednesday May 19, 2021 @09:54AM (#27208630)

Wouldn't the hundreds of other PoW currencies still be an incentive?

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Re:Crypto crash deepens, stocks slip by greg7mdp on Wednesday May 19, 2021 @10:09AM (#27208846)

Most GPUs are used to mine ETH. It is by far the most profitable. Unless another POW coin becomes as valuable as ETH, demand for GPUs will drop precipitously.

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Re:Crypto crash deepens, stocks slip by yakubin on Wednesday May 19, 2021 @09:54AM (#27208626)

[deleted]

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Re:Crypto crash deepens, stocks slip by zionic on Wednesday May 19, 2021 @09:57AM (#27208676)

BTC hasn't used GPUs to mine in 8+ years man.

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Re:Crypto crash deepens, stocks slip by cdiddy2 on Wednesday May 19, 2021 @10:00AM (#27208723)

bitcoin doesnt use GPUs

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Re:Crypto crash deepens, stocks slip by sarabad2021 on Wednesday May 19, 2021 @10:34AM (#27209210)

Mining prices are skyrocketing right now - Still extremely profitable even in a bear market

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