So in other words you probably wouldn't recommend buying bitcoin or bitcoin cash now as an investment?Whether they were purchased or mined doesn't seem to be the big deal. Speculating when there was a lot of uncertainty and lucking out was the important part. I'm not sure that can be replicated now that cryptocurrency is an established thing.
You don't invest in cryptocurrency. You speculate.So in other words you probably wouldn't recommend buying bitcoin or bitcoin cash now as an investment?
The good news is that it's not insanely good as rumoured. The bad news is that it's at least as good or better than nVidia. If AMD releases the DAG fix for Ethereum, and the difficulty bomb gets pushed back as expected, it's game over.That's disappointing. I guess there will now be availability for gamers at sane prices.
Who are these miners that can buy all of the video cards? Are they organized crime?
AFAIK, unless the electricity is free they very much care about hash per watt because they need to turn a profit making more money mining than they're spending on electricity. Ultimately that's why GPU's fell to ASICs with Bitcoin mining. As the complexity went up it cost more to run GPUs for mining than you could make from the mining.But do miners really care about per watt measurements, or only in the highest possible hash rate?
It seems only two firms (Samsung and SK Hynix) make most GDDR and all HBM, so it's not too hard for them to reduce supply, even if not colluding.As I'm sure you know they use it on video cards. So, if it gets more expensive the cards will too.
So the video RAM is different from the system RAM?
It doesn't....How does a CPU with internalized video keep up then?
I still think bitcoin is a good investment, but not at ~$3,000. I won't go in unless it drops to around $1,000. There seems to be good support for that price level, making my downside risk pretty low if I go in at $1K. Anything higher is a bubble if you ask me, at least for the time being.Burst bubble or major correction?