Learning IT

Need help in the world of technology? Here is the section for you, or talk about your favourite tech related topic, or what is new in the world of tech here.
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Skeithex
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Re: Learning IT

Post by Skeithex »

Oh damn it did go up... a lot. Good time to get into I suppose and use some It knowledge to mine for it.
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froggyboy604
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Re: Learning IT

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I think the price of motherboards, CPU, and video cards may go up again because of Bitcoin rising price. Other less popular cryptocurrencies like Dogecoin is also going up.

I wonder if tech companies and gamers will have a problem buying faster computer parts because many people and companies could start mining Bitcoin before the price of Bitcoin falls in the future.
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Skeithex
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Re: Learning IT

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I asked around and guess its hard to come by bitcoin these days, so you may not see many people getting it.
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froggyboy604
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Re: Learning IT

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I think there may still be hundreds to thousands of rich people and companies who may buy up a lot of video cards to use for Bitcoin mining. Hopefully, video cards makers can make enough video cards, so there are no video card shortages which cause video cards to rise in price again.
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Skeithex
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Re: Learning IT

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It's possible, but I hear to make a bit coin is a whole country worth of power, that is very expensive.
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Re: Learning IT

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There are places with cheaper electricity, so people living in places with cheap electricity maybe interested in Bitcoin mining.
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Skeithex
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Re: Learning IT

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Prices would go up or access cut off if someone tried to use cheap power to get bitcoin.
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