Quote:
Originally Posted by 68style
Fuck those guys, how much energy do all the banks put together use + all the flights for bank executives + all the carbon footprint of lavish luxury yachts and whatever else they buy with all their collective wealth... or the human cost and environmental cost of resource based projects they enrich themselves with... the metal mined to make their coins and the polymers or trees used in making their paper/plastic bills.
Yah sure... the banks are the good guys in all this! How could we have been so blind... what a fuckin joke. Nice try boomers.
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I get all that, but the problem I'm finding as an actual consumer of electronic products, bit mining is affecting stock on all levels as a results of this mining:
https://www.tomshardware.com/news/gp...iners-ethereum
I have no doubt that bit mining is also affecting PS5 stock due to overall component shortages along with the obvious GPUs. The problem at least for me is that when you have folks purchasing GPUs solely for the purpose of bit mining, it affects the gaming market.
If a person building a PC and looking to purchase a GPU for gaming suddenly can't purchase a card for a reasonable price, they won't. That results is a drop in game sales, which can thus affect the industry for creative purposes. Less games will be made, which also has an effect on the console market, it all cascades down.
Add that to the people who are now also scalping cards to sell to bit miners, this also create pressure on further development because those cards could be sitting in a PC of someone who will purchase a game or software, and is not.