Post
Topic
Board Economics
Re: Saving the Tech Industry
by
stompix
on 27/01/2018, 18:32:02 UTC
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?

The same way cars where invented to save the oil industry.
They first tried with steam (cpu),  then whey went with oil (gpu) and now we're going electric with (ASICs).

How about we speak with some numbers on the table...
How many videocards are mining right now? How many are used to play games on twitch?