Is Russia Running Out of Computer Graphics Card Due to Bitcoin Mining? ~
Summary
So recently (a few hours ago to be exact); RT news, a Russian T.V program announced that the country is facing shortages of graphics card. The report states that “people buy up to 600 video cards at once….. causing a nearly 80% price surge since the spring.”
Source: https://www.rt.com/business/393179-russia-bitcoin-mining-video-card/
Mining Bitcoin can be an expensive route in terms of the consumption of electricity. It takes money to make money, therefore, the initial investment of computer parts & the coverage of electricity may or may not pay off. However, in this era, miners should also take into consideration the upcoming potential fork of bitcoin and how it may affect the crypto community.
Very interesting.