Money Talk

Is mining dead?

Submitted by NetDiablo, , Thread ID: 103215

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RE: Is mining dead?

#331
There is only so much crypto to mine so it will eventually run dry just like oil

RE: Is mining dead?

#332
I don't think mining is dead....hell you can't get any high end GPU's right now. 3090, 3080, 3070, RX 580....they are all overpriced and still being bought. Must still have some value, just on a much larger scale.

RE: Is mining dead?

#333
you are better offer mining for fucking coal than bitcoin

RE: Is mining dead?

#334
My dad is a miner. Mining is not dead as long as there is gold in the Earth. So never...

RE: Is mining dead?

#335
It might be overhyped and dying out quickly, but sooner with a blink of an eye, who knows that 32K$ of 1 bitcoin will turn into 100K$ in a matter of recovery and time.

RE: Is mining dead?

#336
i don't want the cryptocurrency have this impact on gpu market, they ruined everything, some miners they sell the tireds gpus from a 4-5 years old at a doubled price. the market and second hand market are crazy..

RE: Is mining dead?

#337
Honestly unless you have the money to do ASIC it feels dead

RE: Is mining dead?

This post was last modified: 08-02-2021, 10:52 PM by perlish
#338
Crypto Mining is the system that runs coin exchanges. If miners involved in a task increases, the difficulty increases. See bitcoin.it wiki for further information.

Also if you want to mine with your GPU or CPU, google crypto currencies using proof of work algorithms that are "asic resistant".

RE: Is mining dead?

#339
The days of solo operation is dead, mining in general i don't think so, but it's not sustainable

RE: Is mining dead?

#340
well this post aged very nicely

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