If you’re looking to build a PC today, chances are you’re in trouble. Cryptocurrency mining has driven the prices of GPUs from “inflated” to “utterly absurd.” In fact, prices are so high, they’re actually higher, in some cases, than we’d expect a person to spend on an entire computer. It’s one thing to say people shouldn’t buy in when a GPU (See on Amazon) is running $50 to $100 over MSRP (and we’ve railed against these kinds of price wars before), but the pricing here is nuts. AMD’s Vega 56…
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Chinese Bitcoin Miners Eye Sites In Quebec, Manitoba | CBC News
China’s Bitmain Technologies is eyeing bitcoin mining sites in Quebec, a company spokesperson told Reuters, as expectations of a potential Chinese crackdown on cryptocurrency mining make the energy-rich province an attractive alternative. China has grown into one of the world’s biggest sources of cryptocurrency mining but there are signs Beijing is increasing scrutiny of the sector’s players and may ask local authorities to regulate their power use. Bitmain Technologies, operator of some of the largest mining farms in the country, is among several companies looking to expand overseas. Bitmain spokesperson Nishant Sharma…
Read MoreWhat Is Bitcoin? Here’s What You Need To Know About It | Digital Trends
Bitcoin. It’s a word that was once merely discussed as an academic idea among technology enthusiasts, then became a hushed mention among law enforcement tackling online drug trades – and most recently it’s the latest craze for those looking to make a quick buck. But what is bitcoin? Why are people so interested in it? People buy bitcoin for all sorts of different reasons. It’s a store of value, a transactional medium, and an idea that some claim could change the future of economics entirely. Most notably, it’s not a…
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