Reply to post: Re: "GPUs for mining cryptocurrencies" -- Evil

Nvidia cripples Ethereum mining on GeForce RTX 3060 to deter crypto bods from nabbing all the kit at launch

Binraider Silver badge

Re: "GPUs for mining cryptocurrencies" -- Evil

The only inherent value in crypto, as far as I can tell, is that it is anonymous therefore useful to money launderers. And then the whole world and dog has invested a lot of hard cash behind it.

Bubble. When the "next" tech comes along that's cheaper and better at facilitating this same need comes along; "Bye Bye". Lot of spilled milk and upset investors that didn't really know what they were getting into.

Not saying you can't profit off it but it's ethically bankrupt compared to conventional commodities and fiat currencies that have controls against money laundering (however inefficient).

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