Post
Topic
Board Mining (Altcoins)
Re: Will mining altcoins on video cards be relevant in the next bull cycle?
by
OgNasty
on 24/05/2023, 16:02:32 UTC
We saw 2 bull runs in 2017 and 2021. At that time, mining brought a very large profit, sometimes a video card paid off in a few months.
Do you think that next alt season will be profitable mining and video cards will rise in price again?

It always has been, so it would be a pretty wild change if they no longer were.  It's possible though.  Most algorithms now have ASICs and if they don't then ASICs or FPGAs can still be created rather quickly to take advantage of anything new.  That certainly puts GPUs on the back burner.  However, with AI being a massive user of GPUs I would think an obvious solution to this would be a blockchain that somehow powered AI creations using GPUs.  If something like this gets created, I could see it's coin being an extremely valuable to "mine" asset.