Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is hurting
by
Yaunfitda
on 01/02/2018, 19:34:23 UTC
Exactly! Especially if we take into account that BTC is not mined with GPU.  Angry

Correct. Don't blame it on bitcoin mate. No one is mining bitcoin with GPU nowadays. Put the blame on altcoins.

The OP is talking about this article:   https://www.theverge.com/2018/1/30/16949550/bitcoin-graphics-cards-pc-prices-surge

Because of the demand for certain GPUs, retailers are inflating the MSRP from $300 to $700-800 and taking advantage of the demand.  PC gamers are having trouble affording higher end systems because of the price increase.  NVIDIA is trying to prioritize gamers because they're afraid a lot of these customers will run to consoles, but what can they really do, people will take advantage of profit when it's available.  This should push more demand for lower end GPU's.  NVIDIA is probably worried about losing customer market share if the high prices continue for too long. 

I think they used manufacture to board then. One for gamers only and two for mining specifics. Its still gonna be a win win situation for them and for their customers. This crypto market really change the landscape of many business. But its all good at the end. Need to adapt otherwise you will become obsolete.