Re:Are cryptocurrencies to blame for high GPU prices?
by toolz on Saturday January 01, 2022 @11:06PM
(#29765718)
ETH continues to grow its hashrate every day. Even in the face of growing competition, hashrate grows. It's an interesting theory, but there's no evidence of you being right. We already have many extremely high market-cap PoS coins, many with more features than ETH will have even after it's PoS transition, yet PoW hash continues to skyrocket.
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Re:Are cryptocurrencies to blame for high GPU prices?
by Acrobatic_Road on Sunday January 02, 2022 @03:35AM
(#29766956)
Because ETH is still the king, and those coins haven't proven themselves yet. Next year ETH will be PoS and there will be no other major PoW coins outside of Bitcoin in the top 10. At which point, other PoS coins will lose their competitive advantage. So from a user and developer perspective, there's no reason to jump ship.