crypto + 

Ohhhh wow ETH went Proof of Stake and people who recently bought new GPUs at the still massively inflated prices are crying so, so, so very hard.

I just read a forum thread on Linus Tech Tips from people saying they're making 20-40c a day per card now. The GPUs won't live long enough to even make their money back.

This doesn't permanently solve anything but I get to soak in that sweet, sweet schadenfreude for now.
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re: crypto + 

@trysdyn oh does this mean gpus are going to become affordable again?
-F

re: crypto + 

@Felthry Yeah, you can no longer profit off buying as many as you can and running them into the ground. You make, based on my rough math, about a third of a GPU doing that now. So it's not worth it.

re: crypto + 

@trysdyn excellent. i don't know what "proof of stake" means but if it makes the crypto people mad and makes gpus cheap i'm all for it
-F

re: crypto + 

@Felthry Basically you no longer earn coins just by crunching math as fast as you can, which is why GPUs were so popular for it, they crunch simple math extremely fast.

re: crypto + 

@trysdyn well then it sounds like crypto is now:
- still a scam (let's just get that out of the way)
- less terrible for the environment

-F

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