Monday, July 10, 2017

Anyone Buying Hardware To Mine Ethereum Is Going To Lose

TweakTown warns that anyone buying hardware to mine Ethereum is going to lose big time. If you don't like that opinion, you can always read their guide to how to make millions Ethereum mining from two weeks ago. 😕

There's a huge cryptocurrency mining boom taking place right now, with global GPU shortages for both AMD and NVIDIA, as well as a general shortage on high-end PSUs that drive over 1000W. GPU shortages across the world, with both reactional effects to AMD and NVIDIA as well as eBay sellers, retailers, wholesalers, and even the second-hand market. Older graphics cards from AMD began doubling or tripling in price in the second-hand market, with the Radeon R9 295X2 selling for nearly $1000.