This is definitely a scam however in my opinion I think Nvidia should be able to release an unlock for this cap when the time is right.

The point of LHR was so gamers would be able to get their hands on GPUs during all these shortages. Eventually the shortages will come to an end and cards will be affordable again, and when that happens Nvidia should unlock all these cards. Most likely it’s possible with a firmware.

Yeah it’s funny because none of those YouTube stars do any actually trading. Why trade and lose all your money when you can simply make a video in hindsight about what will happen tomorrow for cryptos.

Those are some of the worst click bait thumbnails I have seen and seems many are copying each other. And they get big revenue from YouTube for doing practically nothing. They got no production budget or anything. Just make a quick video, show some charts and you get profit.

It’s common sense that if there are reports of a war that the markets will tank. Depending on the severity it might bottom out the following days. However most people are already pricing this in. And there won’t be a war.

This is all just political. Stir the markets and get a few weak hands to sell. Even if there is a war it’s most likely going to be pretty short and nothing of WW3 which is what some are speculating.

I was reading this and then I heard Schiff and knew it would be nonsense. That guy is basically losing his mind for the past few years in my opinion.

Remember when Warren Buffet said that Bitcoin is rat poison, he said it once and went on with his life. Not like Schiff who waits until there is a -10% day and goes on a rank on twitter.

Seems the guy has nothing better to do with his time.

I don’t think we will have a 85% drop from ATH, maybe for other coins like ETH but not BTC. I know many want to load up when it hits 85% from ATH however there is a good chance it will never happen.

I think that this quarter we might possibility go to $25K and that will be it. If $33K wasn’t the low then most likely everybody will want to buy at $28-30K. So what will happen is there will be a big bull trap there and then it’ll drop fast to like $25K and be a big bear trap and mark the lows.

I think the reason why they put warranty seals on GPUs is because many gamers want to swap the thermal paste for something for efficient. And the issue here is that depending how old is the GPU, usually the thermal paste can be completely solid and you need to give it a yank to loosen it.

Then what happens is the solder cracks on the GPU chip and eventually the card will be dead within a few weeks or months with enough heat cycles. This is probably the most common reason why they use those seals.

It’s hard to follow but I am assuming you have access to solar power and want to mine. If yes then you can mine with GPUs or ASICs. However keep in mind you will need a reliable internet connection to do so.

If you are good with computers you can buy GPUs and build a open air mining rig. Search YouTube there are tons of videos. Only issue is the GPUs are expensive now even second hand.

Or you can buy ASICs which are easier to set up and they are a good intro to how mining works. But you might get issues finding decent ones. But a lot of the old ASICs which are inefficient are very cheap these days.

Yeah I had this same fear in 2016 because in June 2016 they were suppose to transition to POS. Missed out buying GPUs on the cheap and regretted it. Since it’s almost 6 years and they are still on POW.

Your bigger worry now should be the high difficulty and borderline bear market territory that we might enter. Seems like the bubble about to burst on many global markets due to inflation and fed rate fears and cryptos might follow.

I think unless you donated funds or received funds for the truckers convoy then you shouldn’t worry. There was some Bitcoin addresses where they were accepting donations. I think one guy donated like 5BTC and the address was public and everything. They got tainted and now flagged.

So if it’s sent to an exchange like Kraken they can freeze the person who received it. In Canada they are not treating this as a protest but instead terrorism. It’s gotten pretty bad lately. Even news crews don’t feel safe.

I am not surprised by this. Boomers have very big retirement portfolios, many in the 7 figures. And most boomers have houses which are paid off which they bought for maybe 5% of what it’s worth now.

Now take some new grad. Tons of debt. Job doesn’t pay much due to no experience. Has loans and most likely can’t get a mortgage because doesn’t have down payment.

Yes this is one of the reasons but Not only reason why Bitcoin is down. You need to understand most global markets are connected in one way or another.

Generally when stock market goes up, usually cryptos follow and same is true for vice versa. Lately there has been lots of bad news such as Omnicron variant, fed easing tapering, fed raising rates, bad earnings and latest is the Russian conflict.

So this is why it’s correlated to the stock market and how the stock market affects negatively due to WW3 rumors.

News like this generally doesn’t cause rallies anymore. We know Bitcoin is accepted and praised by many nations. So this is why with all this positive news, Bitcoin still went down.

I think depending on how the stock market performs next week, we might see Bitcoin do a huge move. Either by breaking the top pivot at $45K or going back to the mid $35Ks. Right now we are just ranging and not much is happening.

I know it’s temping to load up on GPUs when you are making good profits. However in the past I met many people who got themselves in a hole by doing so.

Generally they bought most of their gear with a credit card and interest is crazy high at 20%. Then the markets took a shift and they were pretty much mining at break even. And those 20% interest hurt every month. So they were forced to liquidate their farm to pay off their debts. Not smart.

Mixing GPUs with ASIC doesn’t affect anything. Many years ago most retail miners had tons of ASICs at their home and they also had GPUs.

ASICs also take up much less room than a GPU rig. The biggest difference is that the ASICs are crazy loud. So you can mine at home but the rigs need to be in a separate room such as a basement. You can’t sleep in that room.

Riserless motherboards are good because they remove the worry of having the sata cable melt down, this is the most common item that usually melts for most miners. So it’s not a bad idea.

You still got the risk of the GPU themselves having some fault such as a shorted capacitor which goes up in smokes, however this is more rare and usually the PSU detects the short and shuts down.

Honestly if you need a loan then I wouldn’t venture into mining. It comes with risks. The mining equipment is very expensive and if ETH keeps declining while difficulty keeps increasing then you won’t make much pretty soon, whether you got free power or not.

My advice just use some of the savings you have and start slow, and each month build up your farm. But borrowing money to buy all this gear is not a good idea trust me.

Yeah for many people in the mining field, depending on where you live. Profits can be horrible since electricity rates have gone up so much in the past year. I am paying record high electrical rates right now. We got LED everywhere and rarely use any high drain devices besides mining rigs.

They say its due to the shortage of energy and price of oil going up so many are using electricity, and when electricity goes up, people start using diesel to generate electricity and its an never ending cycle.

Hence this is why there is going to be lots of fed rate increases this year. Inflation is getting out of hand.

Did they really just start using warranty seals now after all those years? I can't remember but it was always 50/50 between manufactures with warranty seals and not.

Another thing that is strange is say you bought an MSI card, and a few months later buy another MSI card, brand new from box. And one has the seal and the other doesn't. They were never consistent throughout all these years.

Since they were never consistent how do they know which came with warranty seals or not? Maybe now more cards have it since the value is much higher than in the past.

I think all warranty should be like with cars or Apple products. The warranty stays with the product and not the owner.

If you buy a used car from someone, and something breaks you take it to the dealer and they need to fix since it’s under warranty. They don’t ask for receipts or if you are original owner.

Same with Apple products. Buy a used iPhone, it breaks, take it to Genius Bar, they verify serial and fix if it’s within the period. All warranties should be like this.

Normally when I had some cable melt or GPU blow up a capacitor all it does is make the rig crash. Never led to an actual fire. However I was always worried.

Kept all the rigs on metal open air cases and on a metal rack and kept away from anything flammable. Also had extra smoke detectors near the mining rigs. So if anything happened when I was home I would run quick. If I wasn't home then that's another issue.

I guess you can have a remote smoke detector and some cameras, you see the rig go up in flames you can call the fire dept. No idea if it would help that much since you are remote however.