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re: Official CryptoTalk Thread

Posted on 6/16/21 at 10:11 pm to
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 6/16/21 at 10:11 pm to
so I just discovered DTube, which is basically decentralized YouTube, and I feel like this is the future of the internet. Decentralized file storage stored across nodes and maybe even distributed servers. Not sure the exact structure but at a high level my interest is definitely piqued. In an era where people are concerned about censorship, seems relatively censorship resistant
This post was edited on 6/17/21 at 6:56 am
Posted by BottomlandBrew
Member since Aug 2010
29421 posts
Posted on 6/16/21 at 10:36 pm to
That's the kind of idea that got me initially researching blockchain and crypto technologies and eventually investing. At the time I only knew about bitcoin, and I understood it, but didn't pay it much attention other than the possibility of scoring some good acid on something like silk road. I didn't really know the full capabilities of blockchain technology until my brother in law compared it loosely to the concept of bittorrent, but for the whole web. That was kind of the aha moment for me and gave me an idea of what this stuff could become and gave me a reference of what people were talking about when they talked about Web 3.0.
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 6/17/21 at 6:26 am to
Sounds like Storj.

There's another cool one called Render (RNDR), decentralized GPU usage/rendering. You can get paid to loan out some of your GPU resources.

LINK
Posted by tagatose
South Carolina
Member since Oct 2005
2029 posts
Posted on 6/17/21 at 6:55 am to
WWW 3.0 will look something like SWARM
Posted by tagatose
South Carolina
Member since Oct 2005
2029 posts
Posted on 6/17/21 at 6:58 am to
Here's a decentralized video streaming service where nodes get paid to transcode on the fly.

LIVEPEER
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 6/17/21 at 7:44 am to
Cointelegraph has an article up talking about June 25th.

Largest eth options expiration in 2021.

They say $2200 is the “line in the sand” for the bulls. Expiring around 2400 would be sorta neutral.
Posted by bluebarracuda
Member since Oct 2011
19216 posts
Posted on 6/17/21 at 7:54 am to
quote:

You can get paid to loan out some of your GPU resources.


So basically mining
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82098 posts
Posted on 6/17/21 at 7:56 am to
It’s amazing how overpriced GPUs are right now. I’ve signed up for alerts across multiple sites, follow breaking Twitter accounts, and do the Newegg shuffle but still no luck

ETA: then add the uncertainty of whether I’m about to buy a Lite Hash Rate model of the 30 series (they usually don’t specify) and it makes me uneasy
This post was edited on 6/17/21 at 7:58 am
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 6/17/21 at 8:00 am to
In a sense, but it's not used for mining ofc
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 6/17/21 at 8:01 am to
quote:

Richard probably has a trillion dollars to blow. Why not send out mailers. Lol


I know people buying billboards.

Don't think it's Richard sending stuff out.
Posted by BottomlandBrew
Member since Aug 2010
29421 posts
Posted on 6/17/21 at 8:06 am to
I'm still rocking my old 980. I'd love to upgrade to make flight simulator run better, but I ain't paying the jacked up prices.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 6/17/21 at 8:32 am to
iron was at $52 just a few days ago and now it's less then .01

that's one of the worst I've ever seen
Posted by bluebarracuda
Member since Oct 2011
19216 posts
Posted on 6/17/21 at 8:33 am to
quote:

ETA: then add the uncertainty of whether I’m about to buy a Lite Hash Rate model of the 30 series (they usually don’t specify) and it makes me uneasy



Only the 3060, 3070ti and 3080ti are "Lite" hash rate models.

They still mine (and decently well at that), but their price/performance isn't as good.

I'd love to be able to nab a 3080ti for my personal rig and move my 3070 over to my mining rig, but paying 2k+ for a 3080ti that only brings in ~$4.50/day is a terrible ROI
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 6/17/21 at 8:34 am to
what are you going to mine once eth moves to PoS
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 6/17/21 at 8:42 am to
quote:

iron was at $52 just a few days ago and now it's less then .01

that's one of the worst I've ever seen


Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 6/17/21 at 8:42 am to
Glorious
Posted by bluebarracuda
Member since Oct 2011
19216 posts
Posted on 6/17/21 at 8:45 am to
quote:

what are you going to mine once eth moves to PoS



Whatever becomes the most profitable coin to mine. Hoping there isn't one so mining just dies out and the market gets flooded with video cards. Could finally nab a 3090 sub-MSRP
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 6/17/21 at 8:46 am to
quote:

what are you going to mine once eth moves to PoS


Other coins and as some have mentioned, GPU render farms / video streaming will still need the GPU power.

Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 6/17/21 at 8:47 am to
quote:

3090 sub-MSRP


I bought 5 3090's at $2250 back in march. Everyone said I was crazy. Last month they were going for $3.3K lol.
Posted by bluebarracuda
Member since Oct 2011
19216 posts
Posted on 6/17/21 at 8:52 am to
quote:

GPU render farms / video streaming will still need the GPU power.


Nothing profitable there though. If there's no profitable coin after eth goes, it's going to be a steeeeep decline in video card prices

Really cant wait for that to happen

quote:

I bought 5 3090's at $2250 back in march. Everyone said I was crazy. Last month they were going for $3.3K lol.


I got my 3070 back in November for $750 from a scalper, and I thought I might be going crazy paying (what was then) the inflated price

Edit: Also it's crazy that people are still paying the $2600-2700 that 3090s are going for now. That's over a year ROI if the market doesn't pick back up
This post was edited on 6/17/21 at 8:56 am
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