Yes, I know that it still exist, and yes, decentralized currency which utilizes distributed, cryptographic validation is not actually a strictly bad idea, but…

Is the speculative investment scam, which crypto substantially represented, finally dead? Can we go back to buying gold bars and Pokemon cards?

I feel like it is, but I’m having a hard time putting my finger on why it lost its sheen. Maybe crypto scammers moved on to selling LLM “prompts?” Maybe the rug just got pulled enough times that everyone lost trust.

  • Wahots@pawb.social
    link
    fedilink
    English
    arrow-up
    10
    ·
    2 years ago

    Nah. This happens every few years, has been since 2014. Buy a GPU before they rise up and use all of our electricity again. An new SBF will crash it sometime.

    • goatmeal@kbin.social
      link
      fedilink
      arrow-up
      4
      ·
      2 years ago

      there are no more notable projects that rely on GPU mining. you should be more worried about taiwan getting invaded.

    • arbitrary@lemm.ee
      link
      fedilink
      English
      arrow-up
      1
      ·
      2 years ago

      What is keeping prices high now is particularly nvidia but also amd transitioning more to an AI/ML pro/server/datacentre market, consumer GPU’s are not a big let alone majority of the pie. They’re simply not making enough consumer cards and don’t care that very little cards are sold because they’re getting ludicrous prices on what does sell. intel gen 2 needs to be good in the mid range to provide competition again, the problem is a distinct lack of competition.