Does anyone think mining was created to boost or save the tech industry in terms of hard goods? I have followed all of this for sometime including prices of video cards and such, 2015 was to be projected as the worst year for computer/part sales. It would seem alot more plausable to have coins that can not be mined such as IOTA where as i understand it, computers are bouncing small verification between 3 algos that tangle to make a whole instead of a DAG that never stops growing?
Eh that's a bit of a stretch, especially because mining Bitcoin was not a new concept during those years. I'm sure that mining Bitcoin goes back to around the 2010's, so when you take that into perspective, it's hard to justify the "saving the tech industry" idea.
I do agree though that clearly mining has boosted the gpu sales and it's probably started to push companies towards development much faster than before. Since graphics cards are selling like hotcakes, it makes sense that the company would want to keep making them better and better.