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RE: Is there a new ASIC Ethereum Miner?

in #ethereum6 years ago

That is absolutely astonishing! If that is true than the whole Ethereum mining story will be turned upside down. And not only that, just imagine how many video cards will be useless )) Everyone will start selling them for really cheap. Might be a good thing for gamers though.

What do you think the impact will be if that turns out true? Because I still cannot believe it.

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I think GPU card prices will return to normal prices, they will never "fall" as gaming industry keeps them at insane prices already but they will stop selling for 200% MSRP.

Nvidia & AMD will not be happy as they have been making a killing, it is possible they will respond with their own solution as they have a lot of resources and experience but I suspect they won't get into ASIC territory.

That is true. If miners decide it is not profitable to mine anymore and will sell their video cards, the second hand video cards will be very cheap for a person who does not mind a used card for playing games ))

@ipromote, do you mind helping me out with one Steemit project our team is working on?

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