Nvidia LHR Lock Officially Cracked Bringing Full Crypto Mining Speeds

Re:Nvidia LHR Lock Officially Cracked Bringing Full Crypto M... by sascha_sl on Monday May 09, 2022 @03:37AM (#31311574)

Isn't ETC quite clear precedent for that?

It obviously wouldn't be as large and probably suffer from everyone on real ETH selling off their duplicated assets, but it'll surely be a thing, a last ditch effort to keep mining rigs profitable before everyone moves on to the next best coin?

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Re:Nvidia LHR Lock Officially Cracked Bringing Full Crypto M... by Vespasian on Monday May 09, 2022 @04:07AM (#31311708)

Sure it could happen (and probably will in some form).

However unless it captures a siginficant fraction of ETH value it won't be worth much and in turn won't be attractive to miners.

Right now ETH makes up 95+ percent of all GPU miner revenue and there aren't a lot of (successful) new POW coins these days.

I think the (GPU mining) market simply collapsing has a high likelihood.

[ Parent | on HN ]