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Topic: How can people be buying eth right now? - page 4. (Read 8164 times)

sr. member
Activity: 294
Merit: 250
August 05, 2016, 02:20:46 PM
#96
I dont understand this shit at all, Huh All I know is I'm riding this wave successfully and its all I care about  Cool
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
August 05, 2016, 12:54:55 PM
#95
The hashing rate of the Ethereum (ETC+ETH) is about 4700GH/s now, that is about 174,000 R9 390.
What was it pre-forking?
member
Activity: 75
Merit: 10
August 05, 2016, 08:06:11 AM
#94
The hashing rate of the Ethereum (ETC+ETH) is about 4700GH/s now, that is about 174,000 R9 390.
legendary
Activity: 994
Merit: 1034
While it is admittedly a peripheral point:

Whether we are discussing BTC/litecoin mining back in the day or ... they all represent a drop in the bucket in GPU sales

I seem to recall reputable reports that for a time, Bitcoin mining was driving more than half of high-end graphics cards sales.

Nvidia and AMD are publicly traded companies. We don't have to speculate as to were their profits are coming from. We can directly compare our hash rate at the time to their profit reports. Crypto was a drop in the bucket of their sales! This is just a fact.

Not that I think that is implausible. After all, I am just parroting what I had heard. But... What are the figures?

I started to do the math than realized no one could possibly know either way because there is no accounting for how much of that hashpower about 10TH/S growth in the year preceding ASICs came from existing CPUs/GPUs repurposed and how much new purchases . My impression was that it was a drop in the bucket because full node rate was still very high back than(over 100k ) leading one to believe that many of those nodes were mining in decentralized manner and not centralized farms . The second bit of evidence is AMD/Nvidia werent really marketing to btc at all. Lastly, we didnt see a sharp uptick in nvidia /amd revenues during 2012. I'll admit because of those unknowable variables above it is impossible for us to know exactly as it may be that other sales within amd/Nvidia sharply dropped and were picked up by gpus for mining. I doubt this , but cannot be conclusive.
legendary
Activity: 3024
Merit: 1640
lose: unfind ... loose: untight
While it is admittedly a peripheral point:

Whether we are discussing BTC/litecoin mining back in the day or ... they all represent a drop in the bucket in GPU sales

I seem to recall reputable reports that for a time, Bitcoin mining was driving more than half of high-end graphics cards sales.

Nvidia and AMD are publicly traded companies. We don't have to speculate as to were their profits are coming from. We can directly compare our hash rate at the time to their profit reports. Crypto was a drop in the bucket of their sales! This is just a fact.

Not that I think that is implausible. After all, I am just parroting what I had heard. But... What are the figures?
legendary
Activity: 994
Merit: 1034
While it is admittedly a peripheral point:

Whether we are discussing BTC/litecoin mining back in the day or ... they all represent a drop in the bucket in GPU sales

I seem to recall reputable reports that for a time, Bitcoin mining was driving more than half of high-end graphics cards sales.

Nvidia and AMD are publicly traded companies. We don't have to speculate as to were their profits are coming from. We can directly compare our hash rate at the time to their profit reports. Crypto was a drop in the bucket of their sales! This is just a fact.

How many gamers run dozens of GPUs at the same time?

First hit in a huge list returned by google: http://www.extremetech.com/computing/172381-massive-surge-in-litecoin-mining-leads-to-radeon-shortage

a Shortage is merely due to unforeseen demand and inaccurate inventory forecasting due to some new demand. Stores necessarily have to have tight inventory. Being a drop in the bucket of sales doesn't remove the potential for there to be local shortages in some stores.
legendary
Activity: 3024
Merit: 1640
lose: unfind ... loose: untight
While it is admittedly a peripheral point:

Whether we are discussing BTC/litecoin mining back in the day or ... they all represent a drop in the bucket in GPU sales

I seem to recall reputable reports that for a time, Bitcoin mining was driving more than half of high-end graphics cards sales.

seriously? there are tens of millions of pc gamers around the world. how many people in 2011-13 woulda been mining bitcoin? 10,000?

How many gamers run dozens of GPUs at the same time?

First hit in a huge list returned by google: http://www.extremetech.com/computing/172381-massive-surge-in-litecoin-mining-leads-to-radeon-shortage
legendary
Activity: 1288
Merit: 1087
While it is admittedly a peripheral point:

Whether we are discussing BTC/litecoin mining back in the day or ... they all represent a drop in the bucket in GPU sales

I seem to recall reputable reports that for a time, Bitcoin mining was driving more than half of high-end graphics cards sales.

seriously? there are tens of millions of pc gamers around the world. how many people in 2011-13 woulda been mining bitcoin? 10,000?
legendary
Activity: 3024
Merit: 1640
lose: unfind ... loose: untight
While it is admittedly a peripheral point:

Whether we are discussing BTC/litecoin mining back in the day or ... they all represent a drop in the bucket in GPU sales

I seem to recall reputable reports that for a time, Bitcoin mining was driving more than half of high-end graphics cards sales.
full member
Activity: 155
Merit: 100
Some people are even buying the ETC (Ethereum Classic), it seems people are very interested in the Ethereum technology.

I would not recommend buying the ETC at the moment. The hacker has 3.6 million ETC to dump to the market.

The ETC price is rising fast at the moment. Maybe the ETC big owners are also the DAO hacker or related?

Bingo!!!  It's all another game.

I am sad to see the DAO hacker will benefit from the stolen funds. Maybe I should sell all the mined coins.
full member
Activity: 170
Merit: 105
The Truth illuminates the eyes of the heart!
Some people are even buying the ETC (Ethereum Classic), it seems people are very interested in the Ethereum technology.

I would not recommend buying the ETC at the moment. The hacker has 3.6 million ETC to dump to the market.

The ETC price is rising fast at the moment. Maybe the ETC big owners are also the DAO hacker or related?

Bingo!!!  It's all another game.
hero member
Activity: 693
Merit: 508
Some people are even buying the ETC (Ethereum Classic), it seems people are very interested in the Ethereum technology.

I would not recommend buying the ETC at the moment. The hacker has 3.6 million ETC to dump to the market.

The ETC price is rising fast at the moment. Maybe the ETC big owners are also the DAO hacker or related?
full member
Activity: 155
Merit: 100
Some people are even buying the ETC (Ethereum Classic), it seems people are very interested in the Ethereum technology.

I would not recommend buying the ETC at the moment. The hacker has 3.6 million ETC to dump to the market.
hero member
Activity: 693
Merit: 508
Some people are even buying the ETC (Ethereum Classic), it seems people are very interested in the Ethereum technology.
legendary
Activity: 910
Merit: 1000
It doesn't make any sense.  Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?
I don't think so because it is just fluctuating price of ethereum and it is time for price of ethereum going up. And it is normal every cryptos coins are always has fluctuating of price. Today price of ethereum going up you should sell ethereum not buy.  Grin
full member
Activity: 155
Merit: 100
i see this 'centralized premine eth whale pumping' thing repeated constantly. at what point do they feel they've made all the money they want? i'm gonna guess never in which case there's no point complaining about it. you might as well hop on board the pump train.

That is right. If you do not like the Ethereum, just stay away. If you miss the initial offering, and still think it is good, buy some.
legendary
Activity: 1288
Merit: 1087
i see this 'centralized premine eth whale pumping' thing repeated constantly. at what point do they feel they've made all the money they want? i'm gonna guess never in which case there's no point complaining about it. you might as well hop on board the pump train.
hero member
Activity: 742
Merit: 500
Hire me for your campaign management.
I think there are those people who have a lot of ethereum and they want to increase its price so that they sell their coins remaining in their wallets, so that is the way with them, and so they are giving air to ethereum.
sr. member
Activity: 294
Merit: 250
please help gofund.me/bigs21024 Family in need
all i can say is i may have sold too soon at .0210500  lol
hero member
Activity: 693
Merit: 508
Beats me, probably because the corrupt establishment wishes the price to go higher so it does. Ethereum has failed their mission. It should be below $1 right now at the least.

Maybe it should be below 1 dollar by now, but the Ethereum users think it should be worth 15 dollars now.
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