Re:How badly is cryptocurrency worsening the chip shortage?
by zucker42 on Friday November 12, 2021 @01:29PM
(#29202834)
It's going to happen at some point, I agree, but I wouldn't count on it by mid-2022, which is important if you are looking to buy a GPU. The fact that my 1060 is valued at 150% it's launch price indicates that miners are also pessimistic about the speed of a full POS transition.
Plus, I'm not convinced that the transition will go entirely smoothly. Obviously it would be in miners interest to prevent the POS transition, and if there's a bug or problems with the new chain I could totally see a fork or political pressure to delay things further (I don't think either is likely, simply possible).
Plus, I'm not convinced that the transition will go entirely smoothly. Obviously it would be in miners interest to prevent the POS transition, and if there's a bug or problems with the new chain I could totally see a fork or political pressure to delay things further (I don't think either is likely, simply possible).