35 Comments

  1. The irony of ETH primarily switching to POS for environmental concerns that too much electricity is used towards mining it when the vast majority of GPUs will simply switch to other coins thus not solving the electricity issue at all lulz

  2. I am a newbie in the mining space and have a question. So basically Ethereum is being secured with 10 million GPUs, while other coins like Ravencoin, ergo, conflux will maybe have 600,000 combined. Won't the rewards for mining either of these coins go to nil if all those 10 M Ethereum GPUs suddenly freed up and started competing for a bit of the much smaller Ergo/ Ravencoin pie?

  3. Look some guy will create an app like Golem that can utilize the unused GPU mining rigs power, to run some crazy software that has real world uses. If not, who ever can create a real world use case for the worlds largest decentralized computer will probbaly make alot of money. Someone right now is scheming on how to design a program that will use all those old Graphics cards.

  4. I think people should be skeptical about virtually any of this coming to fruition. You have to look at the world we live in, and especially this market. People say whatever it takes to achieve what they want or need. ETH 2.0 and POS rumors were gaining ground around the Cardano hype and growth, they had to execute some sort of damage control. They SAY all of these things are coming, because it can only help ETH in the short term. It also keeps the environmentalists from pissing their pants over energy concerns that in reality aren't even much of an issue. Remember when gas fees were through the roof and people were complaining, then the ETH team comes along and says they will magically reduce gas fees. Same deal. I don't remember jack shit coming from that aside from the price benefiting. There's virtually no reason for ETH to change a damn thing. They should recognize that they have a niche, and that there's no reason for them to restructure anything. People seem to forget what Cryptocurrency is about, worried about regulations, taxes, blind threats and allow it to affect the market. Crypto is a revolution against the nutjobs and their slave system and slave currency. So why does anyone care what anyone has to say? You mine the crypto, it goes to a wallet, end of story. There is no intermediary to regulate buying crypto, trading crypto, selling crypto or mining crypto. Nothing needs to change, and I doubt it will. The only thing that needs to change is people listing to other people, trying to manipulate prices, pumping and dumping, and of course scammers. That's something that intermediaries do have control over. So they should go after those people, and the government should build mining farms, embrace the technology, use solar, wind or any other free source of power to do it. Laugh at China for claiming to outlaw crypto and mining. Which I also don't believe. I think they are words with no action behind them.

  5. For my first mining rig I was thinking about just going with 12 rx580 8gb GPUs and using my old dell inspiron 560 and upgrading the ram on the mother board and going with 1200 watt HP server power supplies with breakout boards. Im trying to do this at the lowest price possible but I don't want to buy used GPUs maybe refurbished if they have a warranty , any suggestion would be great .

  6. Dont mine any coin originated from China , their comunist gov can make those developers do whatever they wish with that coin ……fyi f China….bunch of comunist and scammer….not all but most of them.

  7. One of the best crypto to mine right now and after Ethereum 2.0 will be FIRO that is based on MTP Algo; electricity costs are lower that others and your gpus won't be in overheat so it mean also lifetime span for them.

  8. The fact is, BTC is the future of crypto and the questions traders ask themselves now is if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, i started with 1.5 BTC and i've accumulated over 6.5 BTC in just three weeks, with the trading strategy given to me by expert trader Alex Gregman. Alex methods are top notch and profitable and he can be contacted easily on Teleqram ( @AlexG511 )

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