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Author Topic: Ethereum (switching to POS - Proof Of Stake), Gaming industry and Hackers (Ranso  (Read 360 times)
gazmendj (OP)
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June 15, 2017, 10:09:15 PM
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Blaming the POW (Proof Of Work)

Everybody knows that nowadays PC games require as better GPU as possible. Buying one for average home budget is not so cheap, especially this year when prices of good VGA Cards (because of GPU mining) have skyrocketed for about 100% from manufacturer preferred price! Take a look for example recent RX 580 series GPU, you cannot simply buy them (at least not for the normal price), 470 is a little bit old and nowhere to find.

As days go, complexity of generating blocks is harder and harder, so the need for updating GPU's at mining farm is 'a must' or they will simply need to turn off their machines. Buying new GPU series is a solution, but they have to get rid of old ones.

If you want to build today your mining rig, yes you can find some 470/570 GPU's but used for only (they will tell you) 1-3 months (I bet they are 6+months used on mining) so you shouldn't buy them, they are simply too much used 24/7 at 100% processing, on the other hand you simply cannot build your rig with 580 because of non availability or they are too expensive.

This way manufacturers sell their GPU's, but gamers suffer (less money in their pockets Smiley ), also less games are being sold.

Switching to POS (Proof Of Stake) - is it ordered by Game developing software houses?

Switching to 'new' way of maintaining blockchain, in principles leads to 1. less GPU miners, 2. stabilized VGA Cards prices, 3. increased selling of VGA Cards and 4. increased purchase of games! Also all hundreds of thousands used cards on mining rigs/farms will be cheaply sold by miners to probably new gamers, so the increase of games purchased will be even higher! Probably game prices will slightly go up.

The man with the mask (hacker/ransomware)

How are they connected here? Simply. After seeing wannacry effect, hackers are probably targeting taking control of PC's so they can use their GPU's on mining for other AltCoins and getting profit directly for them!


I would like the MythBusters guys give their verdict on these as 'busted' or 'plausible', but from my point of view some things I mentioned here really make sense.
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