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RE: What The Next Crypto Bubble Will Be
Solid knowledge, @dhenz!
I've also watched this video today about miners in the US.
You might find it interesting.
Solid knowledge, @dhenz!
I've also watched this video today about miners in the US.
You might find it interesting.
This video is a subterfuge torpedo attempt by the maintstreet media on Cryptos saying it uses too much electricity. However, they never discuss how FIAT costs much more in vaults, brick and mortar banks, security systems, fraud, central bank systems, dollar printing, cost of exchanges to the poor trying to send money via the criminal Western Union....not a balance viewpoint, IMHO.
Every viewer sees it's own reality. What I found interesting in the video is the fact that for those infrastructure providers regarding mining, if for whatever reasons the bubble would implode and mining wouldn't be needed anymore - there are other sectors (like AI) where computing power is needed, which indirectly will help crypto mining by reducing the risks.
Implode and mining not being needed is possible but not probable and there's a big difference between the two.
I'm aware of that. Both options are very unlikely for me at this point in time. And I shared the video to showcase the investments being made into mining in the US.
@sadkitten is countering 50% of @haejin self-votes for 1 week starting Friday, August 31st 2018 because it is part of last weeks top self-voters. For more details see this post.
Thanks for the link.
Too bad I can't watch this video in Canada. My son has a nice comp. I think we could be mining something helpful with somehow.✌❤
I don't know much about mining nowadays, but most miners now use what is called ASIC, application specific integrated circuits, which means that our general purpose computers, no matter how powerful, aren't cutting it anymore.
If you want to mine something, start by searching for non-asic profitability and see what you come up with c;
Greatly appreciated info in your reply @ecoinstant. Thank-you!!
My pleasure! I wouldn't mind reading an article about what you find!