r/technology – Bitcoin falls further as China cracks down on crypto currencies


Graphics cards will be more available once Ethereum has its “merge” and fully translations to proof of stake. Currently you can earn $10+ per day on one card mining Ether. After the merge validation will be done by people who stake their Ether and graphics cards will no longer be needed. Expected date of the merge is 1st December. There has already been successful dev test nets already and all the different clients underwent genesis, talked to each other and finalised transactions already so this looks realistic. Obviously once the public test net goes up then demand for cards will drop in anticipation of the merge. Bitcoin is mined on ASICS pretty exclusively. No other coins will drive the current demand.


Graphics cards will be more available once Ethereum has its “merge” and fully translations to proof of stake. Currently you can earn $10+ per day on one card mining Ether. After the merge validation will be done by people who stake their Ether and graphics cards will no longer be needed. Expected date of the merge is 1st December. There has already been successful dev test nets already and all the different clients underwent genesis, talked to each other and finalised transactions already so this looks realistic. Obviously once the public test net goes up then demand for cards will drop in anticipation of the merge. Bitcoin is mined on ASICS pretty exclusively. No other coins will drive the current demand.

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