1badmf wrote on Oct 8, 2021, 22:28:
El Pit wrote on Oct 8, 2021, 17:23:
GeForce RTX 3090 Ti or as they call it in China - Miner's Wet Dream. All 3 pieces available worldwide in 2022 have already been sold to some Chinese miners, I am sure.
mining has been banned in china and they are dead serious about it. they're terrified of a currency in their country that's completely out of their control. if any miners buy up 3090tis it'll be western dudes. there are now mining companies that have scaled up to industrial levels and trade on the stock market. their only source of income is mining. that is crazy to me considering how volatile the price of bitcoin is.
They banned it, but China is big and local governments very corrupt and interested in making quick and easy money. This is why in some areas, the people suffer from blackouts - that power is used for that quick and easy money.
"There is no right life in the wrong one." (Theodor W. Adorno, philosopher)
"Only a Sith deals in absolutes." (Obi-Wan Kenobi, Jedi)