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A comment on How badly is cryptocurrency worsening the chip shortage?. Parent comment

Re:How badly is cryptocurrency worsening the chip shortage? by NelsonMinar on Friday November 12, 2021 @11:54AM (#29201499)
I'll believe it when I see it.
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Re:How badly is cryptocurrency worsening the chip shortage? by Veliladon on Friday November 12, 2021 @12:26PM (#29201968)
This. Ethereum already forked once. Ethereum GPU could remain its own currency for all of those miners who invested a shit ton of capital into GPU acquisition.
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Re:How badly is cryptocurrency worsening the chip shortage? by rcxdude on Friday November 12, 2021 @12:37PM (#29202163)
It could, but would it be worth anything? Miners only mine because they can sell the crypto to others for more than it cost to mine it. At current levels that would require quite a lot of buyers for this new coin with no significant advantages over the main branch.
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Re:How badly is cryptocurrency worsening the chip shortage? by gbba on Friday November 12, 2021 @02:09PM (#29203324)
It'd be worth less, but not entirely worthless. I think ETC is a good example of what happens on a deprecated branch.
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Re:How badly is cryptocurrency worsening the chip shortage? by somebodythere on Friday November 12, 2021 @12:36PM (#29202141)
If the market value of Ethereum GPU is similar to the market value of ETC to ETH, the impact of Ethereum on the GPU market should shrink by 98%.
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