Post
Topic
Board Economics
Re: Saving the Tech Industry
by
DaftAjax
on 27/01/2018, 21:56:57 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?
Having more people engage to mining decrease the profits out of it. You might think it could be the reason, but no, its just mere coincidence.

True you needed, a power house computer in order to utilize the capabilities of mining, by buying computer parts and not assembling them to be a gaming rig but to be a mining rig, which obviously triggers the cryptocurrency.

Many people might think or even businesses that runs to distribute or manufacture computer parts that this could be intentional and they're being helped by this cryptocurrency thing, but that's just wrong, it doesn't. Also you might think that they've took advantage of it and might've found out that this could increased the annual sales of these parts, but like I said its pure coincidence.

Technology have their own thing, its growth and development are exponential it always has been. And they don't need this platform to be able to evolve.