What are your thoughts on crypto miners?

Individual miners are neither good nor bad - they have just chosen an alternative form of investment. State miners (Russia, China) throw immense resources into it, and can perhaps be considered "bad guys" .

The chip shortage has much bigger causes than crypto mining.

Crypto is a scam from tech companies

Bastards. Because of them many PC components have expensive AF for the last few years. Midrange GPUs cost more than the RRP of the top spec GPUs. I wanted to update my pc in 2019 but I either couldn't afford the parts I wanted or they were continually out of stock. The worst part is some older parts instead of going down in value are even more expensive years later than they were at launch.

everyone is free to do what they want as they please...

if they want to mine - so be it...then the market determines the price for the crypto currencies...

its capitalism...if and when the price for chips goes up then people might wanna make more chips and mine less

Quote from selfmate

everyone is free to do what they want as they please...

if they want to mine - so be it...then the market determines the price for the crypto currencies...

its capitalism...if and when the price for chips goes up then people might wanna make more chips and mine less

everyone is free to do what they want as they please? what?

Crypto mining is not useful for society and bad for environment

Individual mining sure if it's like one or two side computers. Maybe people may consider them like botters in gaming. Big ass operations? I think it's bad, but any industrial level operation does damage.

Quote from kenzie-lee

everyone is free to do what they want as they please? what?

Crypto mining is not useful for society and bad for environment

yes people are free in a general sense...

so is a lot of things...which are bad for the environment and society but that it still doesn't mean people don't do such things...

Just like you are free to make posts here, walk outside, eat a burger...freedoms lol

and thus people are also free to crypto mine

I wouldn’t know as I’m not following it.

I'm just waiting for the next crash and the tears that will inevitably follow. It's surprising how many continue to fall for these ponzi schemes.

I noticed that when I visit allkpop I have an abnormally high CPU and my PC is extremely slow. I installed No Coin, minerBlock and other adblockers and only now the performance is normal.

Maybe a cryptojacking code is embedded on this website but I'm not sure.

I have no bad opinions on them bcos they help to secure the network anw. It’s just demand and supply and rn with the crypto crashes and decreased miners, we see these miners selling their hardware so hardware prices shd stay relatively stable for now

Hi! I see it's been a while, but I want to chime in, as it's an interesting topic. I think crypto miners are not necessarily the bad guys of the tech world, but their impact on the chip shortage cannot be ignored. It's important to balance innovation and responsibility towards other industries. Everyone should be careful about investing and analyzing a lot of information before making such an important decision. I usually check articles about investing in crypto at time.com to learn about new tendencies and stuff. What about you? Let's share our hacks and experiences!