234

Yes, I know that it still exist, and yes, decentralized currency which utilizes distributed, cryptographic validation is not actually a strictly bad idea, but...

Is the speculative investment scam, which crypto substantially represented, finally dead? Can we go back to buying gold bars and Pokemon cards?

I feel like it is, but I'm having a hard time putting my finger on why it lost its sheen. Maybe crypto scammers moved on to selling LLM "prompts?" Maybe the rug just got pulled enough times that everyone lost trust.

you are viewing a single comment's thread
view the rest of the comments
[-] Wahots@pawb.social 7 points 1 year ago

Nah. This happens every few years, has been since 2014. Buy a GPU before they rise up and use all of our electricity again. An new SBF will crash it sometime.

[-] goatmeal@kbin.social 3 points 1 year ago

there are no more notable projects that rely on GPU mining. you should be more worried about taiwan getting invaded.

[-] arbitrary@lemm.ee 2 points 1 year ago

What is keeping prices high now is particularly nvidia but also amd transitioning more to an AI/ML pro/server/datacentre market, consumer GPU's are not a big let alone majority of the pie. They're simply not making enough consumer cards and don't care that very little cards are sold because they're getting ludicrous prices on what does sell. intel gen 2 needs to be good in the mid range to provide competition again, the problem is a distinct lack of competition.

this post was submitted on 19 Jun 2023
234 points (100.0% liked)

Technology

37696 readers
390 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:


This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS