this post was submitted on 15 Jan 2024
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[–] themeatbridge@lemmy.world 14 points 10 months ago (1 children)

Yeah, I remember the days before bitcoin mining when you could get deals every time a new generation was released. Current used hardware is barely discounted on second hand markets.

[–] PP_BOY_@lemmy.world 7 points 10 months ago (3 children)

*Ethereum mining. I don't think GPU mining was ever profitable for bitcoin FWIW. I do think it's ridiculous seeing 3 year old GPUs being sold for just -20% off MSRP even after clocking literal years of runtime

[–] themeatbridge@lemmy.world 4 points 10 months ago

Honestly, I never got into crypto enough to know the difference. I just know that was when the second hand market dried up and prices got absurd.

[–] hark@lemmy.world 2 points 10 months ago

Isn't it all about the AI now?

[–] joshhsoj1902@lemmy.ca 1 points 10 months ago

Isn't Ethereum using proof of stake now? I don't think GPU mining exists for it these days.