Page 50 of 66

Re: Learning IT

Posted: Tue Nov 19, 2024 8:18 am
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.

Re: Learning IT

Posted: Tue Nov 19, 2024 9:00 am
by froggyboy604
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.

Re: Learning IT

Posted: Wed Nov 20, 2024 8:28 am
by Skeithex
I asked around and guess its hard to come by bitcoin these days, so you may not see many people getting it.

Re: Learning IT

Posted: Wed Nov 20, 2024 9:20 am
by froggyboy604
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.

Re: Learning IT

Posted: Fri Nov 22, 2024 8:16 am
by Skeithex
It's possible, but I hear to make a bit coin is a whole country worth of power, that is very expensive.

Re: Learning IT

Posted: Fri Nov 22, 2024 8:36 am
by froggyboy604
There are places with cheaper electricity, so people living in places with cheap electricity maybe interested in Bitcoin mining.

Re: Learning IT

Posted: Sun Nov 24, 2024 9:28 am
by Skeithex
Prices would go up or access cut off if someone tried to use cheap power to get bitcoin.