Mfw I realized that GPU price inflation due to miners is actually a conspiracy by Sony and MS in order to force us to...

>mfw I realized that GPU price inflation due to miners is actually a conspiracy by Sony and MS in order to force us to game on consoles

It all makes sense now!

>trying to insert console wars in the fact that profitable people want to profit off a new currency

no

internet monopoly money isn't a currency

spbs
^this is now a thing by the way, because I say so.

So since buying pre built is non-meme becoming cheaper than building your own does anyone have good recommendations?
All the prebuilts I've seen so far people just laugh at.

...

>GPU mining
2010 called.

>implying

Cryptocurrency as a concept didn't even exist in 2010 fool.

Bitcoin was released in 2009

>cheaper to buy a gaming laptop than to build your own desktop
Sup Forums BTFO once again

No, wall street is just stupid.

>I don't understand currency
bitcoin is currency to money launderers and drug dealers and very few vendors
doesn't make it any less of a currency

Also interested in this.

ctrl shift T that wikipedia article you bitch

learn your history when it took off

I don't know what the hell crypto is or how the fuck it works
how the fuck do you "mine" it? how does that even make sense?

I wouldn't mind if it were true, I want Valve to go bankrupt.

Every time a meme is born the value goes up. Sites like Reddit function as virtual mines.

Basement niggers buy a shit ton of gpus in order to create basic pc’s to make them run from hours to no end. They “mine” the exchange of bitcoins that are “sort of drop out” from transactions in internet, so in order to accomplish this the more pc’s you have running waiting for this action to happen, more probabilities you have to earn 0.001 bitcoin or something like around that number.

I wish that all those dumb faggots commit sudoku when their fucking crypto money worth jackshit

Mining it is performing math that makes the transactions more secure.
In return for doing said math, a bit of currency is generated.
The more math is done, the harder it becomes to do the math, meaning it's tied directly to how powerful the best cpus, or in some cases gpus, are.

Previously, due to its anonymous nature and the hassle of trading, only the black market really used it.
Then the couple of smart wall street fags realized they could use it to money launder.
Then the people of wall street who aren't smart (99% of them) thought the fags who were money laundering were currency speculating.

Currency speculation is what they're "investing in" and is incredibly volatile and generally a bad idea to put large sums on money in a once. You're supposed to make shitloads of very tiny investments. Now, because they're currency speculating, they're making the value of bitcoins go crazy. Which means people are less likely to accept them. Which means that the market floor goes down because nothing is leaving the market.

In other words, the stupid faggots of wallstreet are trying to copy the smart people of wallstreet but fucking themselves over as per usual by not following any kind of safe investment tactics.

Hardware is going up because some of the stupid people of wallstreet thought it might be a good idea to just mine the coins themselves, which is not usually a good idea, because it requires shitloads of power and China's already got control over most of the markets anyways.

If why bitcoin has value confuses you, try and figure out the difference and relationships between currency, value, wealth, and money.

I'm gonna laugh when the jews that control all the worlds economies finally decided to stop letting cryptospergs play make believe and outlaw all crypto globally. There's going to be many suicides that day, and I can't wait.

>outlaw all crypto
Hard to outlaw it, but they can outlaw any company from accepting it, which should have happened in the US since it is unconstitutional. Article 1 Section 8 and 10, I'm surprised nothing has been done yet.

Just starting to get profitable for me with my current mining set up after a few months of mining.

a month ago my hoarded etherum went from 650~ to 1400~

It's sharply dropped today down to 1100~ but it'll bounce back, even if it doesn't still at the point where I'm profiting.

The US president can’t even read the preamble

I still don't get any of it
I don't know anything about finances or economics either
I'm just gonna play video games instead of worrying about this computer crap

>it will bounce back

Get your pink wojaks ready.

All money comes from math
Nerd virgins come up with a way do math to make money that isn't the same math the jews do to make money.
New money is good for crime.
Smart jews see they can use it to move old money without being taxed.
Stupid jews fuck up new money and hardware price, while smart jews make lots of old money off of new money.
Banking jews want to kill new money because it doesn't use their math.
Criminal jews want to stupid jews to fuck off so they can go back to using their new money to buy drugs off the internet.

At current prices I'm making ~100€ per month off a single RX Vega 56. It's literally paying for itself.

I didn't plan for them to spike up so harshly during the begging of the year (from 600 to 1000 is huge) so I'm totally fine if they don't.

I'm going the long term, got in on it when it was worth around 400 and am no banking on it mooning, just a slow trickle of extra free cash.

>even 1050TIs are kill

Well I for one am glad PC gaming is finally dead. I think it's fair to say that you guys have had it coming.

Not really. 1050 Ti still cost the same as they did a year ago.

Don't forget to pay the €100+/month electricity bills

>100+ for a single gpu

Step it up sempai

So when will noVideo and AyyMD going to address the miner issue?

They can't just pretend nothing is happening.

Cryptocoins got so expensive that it's profitable to mine them no matter how much you pay for electricity. Hence GPUs being sold out even in Euroland

I am sorry you didn't know about bitcoin when it was about 1 USD