- Feb 4, 2002
- Monterey, CA
Still holding some, just as speculation, but I've liquidated quite a bit.
Did you do it before the hard fork?
So in other words you probably wouldn't recommend buying bitcoin or bitcoin cash now as an investment?Whether they were purchased or mined doesn't seem to be the big deal. Speculating when there was a lot of uncertainty and lucking out was the important part. I'm not sure that can be replicated now that cryptocurrency is an established thing.
Are you now also holding Bitcoin Cash?About a third before, a third after, and holding the remaining third.
You don't invest in cryptocurrency. You speculate.So in other words you probably wouldn't recommend buying bitcoin or bitcoin cash now as an investment?
Are you now also holding Bitcoin Cash?
The good news is that it's not insanely good as rumoured. The bad news is that it's at least as good or better than nVidia. If AMD releases the DAG fix for Ethereum, and the difficulty bomb gets pushed back as expected, it's game over.That's disappointing. I guess there will now be availability for gamers at sane prices.
Not according to Coug's link. It shows the 1070 is a better card per watt.The good news is that it's not insanely good as rumoured. The bad news is that it's at least as good or better than nVidia.
Not according to Coug's link. It shows the 1070 is a better card per watt.
LinusTechTips pointed out that miners can probably buy every card AMD is able to produce, and that that would be a good thing for the long-term future of AMD.
Who are these miners that can buy all of the video cards? Are they organized crime?
You Aussies give way too much money to your children.If the minors are buying direct from the distributor doing the importing... that doesn't leave a lot in the smaller distributors and retail channel...
AFAIK, unless the electricity is free they very much care about hash per watt because they need to turn a profit making more money mining than they're spending on electricity. Ultimately that's why GPU's fell to ASICs with Bitcoin mining. As the complexity went up it cost more to run GPUs for mining than you could make from the mining.But do miners really care about per watt measurements, or only in the highest possible hash rate?
Yes, but... you can only attach so many cards to a rig.Not according to Coug's link. It shows the 1070 is a better card per watt.
In other bad news...
AMD released a blockchain compute driver with the DAG fix.
Ethereum developers announced a delay in the difficulty bomb, to be implemented in September.
And, graphics RAM prices went up 30% this month.
As I'm sure you know they use it on video cards. So, if it gets more expensive the cards will too.How is the price of RAM related?
It seems only two firms (Samsung and SK Hynix) make most GDDR and all HBM, so it's not too hard for them to reduce supply, even if not colluding.As I'm sure you know they use it on video cards. So, if it gets more expensive the cards will too.
So the video RAM is different from the system RAM?
It doesn't....How does a CPU with internalized video keep up then?
I still think bitcoin is a good investment, but not at ~$3,000. I won't go in unless it drops to around $1,000. There seems to be good support for that price level, making my downside risk pretty low if I go in at $1K. Anything higher is a bubble if you ask me, at least for the time being.Burst bubble or major correction?