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☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 13 hours ago

Bitcoin Is Crashing So Hard That Miners Are Unplugging Their Equipment

futurism.com

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Bitcoin Is Crashing So Hard That Miners Are Unplugging Their Equipment

futurism.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 13 hours ago
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Bitcoin's plunge has made it far less economical to mine the digital token. Some companies are starting to unplug their equipment.
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  • corsicanguppy@lemmy.ca
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    3 hours ago

    Yessss. Just get more ddr4 and GPUs onto the market.

  • GiorgioPerlasca@lemmy.ml
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    3 hours ago

    Cryptocurrencies have various use cases:

    • moving money from and to sanctioned countries, like Belarus, Iran, North Korea, Russia
    • paying for criminal activities, like hitmen, organs, drugs
    • scams

    In most cases, they do more harm than good.

    • Jakeroxs@sh.itjust.works
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      1 hour ago

      Replace crypto with cash and all those things are true

  • ☂️-@lemmy.ml
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    4 hours ago

    finally!

  • Carl [he/him]@hexbear.net
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    7 hours ago

    damn it peaked at 125k last time.

    Every time this happens I hope it’s the final one, and so far every time I’ve been disappointed.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      6 hours ago

      same

    • whiskers165@lemmy.ml
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      6 hours ago

      I think you might wanna get ready for more disappointment, say maybe two or three years from now

  • LENINSGHOSTFACEKILLA [he/him]@hexbear.net
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    8 hours ago

    these posts always make me laugh and feel good and want to check in/snoop on some past acquaintances, or at least check the obits.

  • iByteABit@lemmy.ml
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    9 hours ago

    Nature is healing

  • 🇵🇸antifa_ceo@lemmy.ml
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    12 hours ago

    Finally. Let us be free of crypto please.

    • enterpries@sh.itjust.works
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      8 hours ago

      Yeah. Let’s give banks all the power.

      • ea6927d8@lemmy.ml
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        8 hours ago

        Like they don’t already have it?

        • enterpries@sh.itjust.works
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          8 hours ago

          Stay in school.

    • sun_is_ra@sh.itjust.works
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      9 hours ago

      You are free of crypto.

      no one is forcing you to use it

      • 🇵🇸antifa_ceo@lemmy.ml
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        4 hours ago

        Crypto is just a speculative asset used to trick people into gambling their money on unregulated markets. Fuck you. It has no actual use in society beyond that and if you scree otherwise you’re just coping.

      • ShinkanTrain@lemmy.ml
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        7 hours ago

        Tell that to my arms dealer.

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