1 hour ago, mSparks said:

pretty sure burgeling crypto miners while they are on holiday is against the law even if its not against forum rules.

Don't worry, the guys already cracked it.... 🤣

Edited August 27, 20214 yr by jcomm

2 hours ago, mSparks said:

pretty sure burgeling crypto miners while they are on holiday is against the law even if its not against forum rules.

Must of sold the house, PC must be in shed.

1 hour ago, jcomm said:

Don't worry, the guys already cracked it.... 🤣

The pricing for any GPU here is almost 40-50% high , e.g. an AMD RX 580 8GB (original price is 19k INR ) now the price is 42k INR can you believe that ? I have been trying to get a decent GPU but these miners 🤦‍♂️

Its not the miners its the manufacturers and resellers, all in for a quick buck.

11 minutes ago, mjrhealth said:

Its not the miners its the manufacturers and resellers, all in for a quick buck.

well i want a gpu at the normal rates , don't like that happening anytime soon.  

even going for used GPU on sites like olx is just too pricing, 30k for the 580 8GB no way

top 3090 $4000 here in aus,wont pay more than $800 for anything no value for money in any of them

 

12 hours ago, mjrhealth said:

Its not the miners its the manufacturers and resellers, all in for a quick buck.

I blame the central banks that print money out of nothing. 

Ive been on the fence about BTC (Baby Trading Currency). It's supposedly a CIA creation. The metals are still a good buy considering.

GPU prices will probably continue to rise. With the extra trillions of dollars soon to be circulating and stealing value from the existing paper monopoly money, and TSMC is also raising their prices by 10-20%.

This mining business blows my head off. It costs a fortune to set up a proper farm, uses huge amount of energy and basically produces only heat. Yet people make a lot of money out of it. 
for sure there has to be a better way…

Crypto currency got banned in China and now they have enough energy to have a huge fleet of electric cars powered instead. 
 

and worst, the prices for gaming cards went through the roof, the the point normal working people can’t pay them.

40 minutes ago, soaring_penguin said:

This mining business blows my head off. It costs a fortune to set up a proper farm, uses huge amount of energy and basically produces only heat. Yet people make a lot of money out of it. 
for sure there has to be a better way…

Crypto currency got banned in China and now they have enough energy to have a huge fleet of electric cars powered instead. 
 

and worst, the prices for gaming cards went through the roof, the the point normal working people can’t pay them.

Well I'm certainly not going to pay £1400 for a 3080 to get a bit more FPS compared to my 2070. And if developers would take more care to optimise their offerings I wouldn't need to. FlightFactor take note.

And if the whole PC market crashes into dust I wouldn't cry myself to sleep.

Edited August 28, 20214 yr by jarmstro

4 hours ago, soaring_penguin said:

This mining business blows my head off. It costs a fortune to set up a proper farm, uses huge amount of energy and basically produces only heat. Yet people make a lot of money out of it. 
for sure there has to be a better way…

Crypto currency got banned in China and now they have enough energy to have a huge fleet of electric cars powered instead. 
 

and worst, the prices for gaming cards went through the roof, the the point normal working people can’t pay them.

What amazes me is the greenies and the "global warming" groups are not clamping down on this, considering the inefficiency, but we digress

Edited August 28, 20214 yr by mjrhealth

I just came back from a week of bikepacking and all I see here is the same old. Ugh. Don't y'all have a simulator you can spend time with instead?

 

(Except for the crypto hate train. I'll hop onto that.)

Edited August 28, 20214 yr by Bjoern

Every time I hear about crypto, it stings.  I wanted to buy $1000 worth of bitcoin a few months after it came out in 2009.  Every person I know told me it has to be some type of scam.  This is when they were a few cents per coin.

Then I revisited the idea when they were $200 per coin.  Everyone I know told me it was unlikely to go much higher.

They peaked down here at about $AUD80,000 per coin.  

I've done the math.  

1 hour ago, GoranM said:

Every time I hear about crypto, it stings.  I wanted to buy $1000 worth of bitcoin a few months after it came out in 2009.  Every person I know told me it has to be some type of scam.  This is when they were a few cents per coin.

Then I revisited the idea when they were $200 per coin.  Everyone I know told me it was unlikely to go much higher.

They peaked down here at about $AUD80,000 per coin.  

I've done the math.  

Crypto is useless if you are trying to barter during an extended power outage. You are better off buying and taking possession of silver/gold bullion! The naked short selling of the precious metals can not last forever! 

11 hours ago, soaring_penguin said:

This mining business blows my head off. It costs a fortune to set up a proper farm, uses huge amount of energy and basically produces only heat. Yet people make a lot of money out of it. 
for sure there has to be a better way…

Crypto currency got banned in China and now they have enough energy to have a huge fleet of electric cars powered instead. 
 

and worst, the prices for gaming cards went through the roof, the the point normal working people can’t pay them.

Powered by what? All of those ingredient for green energy must be extracted from the earth! China is one of the biggest polluters on the planet, they are literally dumping raw sewage into the ocean, and getting a free pass from the globalist! 

4 hours ago, GoranM said:

Every time I hear about crypto, it stings.  I wanted to buy $1000 worth of bitcoin a few months after it came out in 2009.  Every person I know told me it has to be some type of scam.  This is when they were a few cents per coin.

You're never too early, as they say ... Right now, people are selling pictures of digital rocks for $1.2million....