News : Cryptocurrency Price Surge Could Boost GPU Sales
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#1
https://www.coindesk.com/cryptocurrency-...t-analyst/

"After bottoming out as low as $286 in early November, ethereum surged to $453 – a 58 percent increase – over the weekend. Monero has nearly doubled in value over the course of the month from $82 to $161, while zcash has surged 49 percent from $213 to $318 during November."

Do you think that this is going to cause a spike for GPU sales, and lead to the rise in cost for GPU related units? Or is this just a bunch of people who are overthinking the matter?
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#2
(11-29-2017, 12:41 AM)Syntax Wrote: https://www.coindesk.com/cryptocurrency-...t-analyst/

"After bottoming out as low as $286 in early November, ethereum surged to $453 – a 58 percent increase – over the weekend. Monero has nearly doubled in value over the course of the month from $82 to $161, while zcash has surged 49 percent from $213 to $318 during November."

Do you think that this is going to cause a spike for GPU sales, and lead to the rise in cost for GPU related units? Or is this just a bunch of people who are overthinking the matter?

Personally, I feel that GPU sales have already peaked. There is a lot more talk and acceptance of a POS (Proof of Stake) model which doesn't require as much wasteful computing power. When blockchain was getting going, the secruity provided from mining power was necessary to avoid centralization - but now that crypto is being more widely accept, I think it will slowly turn by the wayside.
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#3
(11-29-2017, 03:49 AM)OMGoodness Wrote:
(11-29-2017, 12:41 AM)Syntax Wrote: https://www.coindesk.com/cryptocurrency-...t-analyst/

"After bottoming out as low as $286 in early November, ethereum surged to $453 – a 58 percent increase – over the weekend. Monero has nearly doubled in value over the course of the month from $82 to $161, while zcash has surged 49 percent from $213 to $318 during November."

Do you think that this is going to cause a spike for GPU sales, and lead to the rise in cost for GPU related units? Or is this just a bunch of people who are overthinking the matter?

Personally, I feel that GPU sales have already peaked. There is a lot more talk and acceptance of a POS (Proof of Stake) model which doesn't require as much wasteful computing power. When blockchain was getting going, the secruity provided from mining power was necessary to avoid centralization - but now that crypto is being more widely accept, I think it will slowly turn by the wayside.

Wouldn't a decline in graphics card prices be nice.. I mean, GRAPHIC cards aren't even being used to render GRAPHICS anymore, what a loco world this is.
hodling till Im odling
Ethereum, IOTA, Lisk, OmiseGo, Blackmoon Crypto
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