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Chip shortage until 2023

Misleading headline. What they actually said is that it'll be two years before they could meet the current level of demand, due to the time it takes to build new fabs. There's no attempt in those statements to account for any potential drop in demand during that period, which would reduce pressure on existing supply chains. That's not to say that there will be a drop in demand, as things like another crypto "crash" that people are banking on may not happen, but it's at least a possibility. Of course, both Intel and TSMC have a strong vested interest in demand remaining sky-high and aren't going to be telling their shareholders that the gravy train has brakes.
 
I would also add that when the mining crash happens there will be plenty of cards available
 
eeii said:
I would also add that when the mining crash happens there will be plenty of cards available
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If mining crashes.

It's pretty clear that cryptocurrency is in a different place to 2012 and 2017. There's a lot more confidence in its resilience. The next crash simply might not be all that big, relative to the last two. And there's every chance it won't be big enough to render mining unprofitable. Even if it is, miners may push through this time, expecting another huge rise in 2-3 years.
 
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McPhee said:
If mining crashes.

It's pretty clear that cryptocurrency is in a different place to 2012 and 2017. There's a lot more confidence in its resilience. The next crash simply might not be all that big, relative to the last two. And there's every chance it won't be big enough to render mining unprofitable. Even if it is, miners may push through this time, expecting another huge rise in 2-3 years.
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Yes, I had predicted that it would all be over again by now judging by previous bubbles.

But having just looked at WhatToMine.com, it seems I was wrong at it still profitable. Looks like the increase in difficulty has been matched almost exactly by the rise ETH's price.

Very strange. I still maintain it won't last, but then I have no stake in this game and wouldn't bet any money on either outcome.
 
Robi_uk said:
Maybe the next ETH change will make GPU mining not very appealing for the masses.
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There are loads of coins that can be mined using a GPU. Conflux mining is only marginally less profitable than Etherium. And if you're using a client like Nicehash, the change will be seamless; it'll swap to Octopus algo and pay slightly less BTC per day.
 
McPhee said:
If mining crashes.

It's pretty clear that cryptocurrency is in a different place to 2012 and 2017. There's a lot more confidence in its resilience. The next crash simply might not be all that big, relative to the last two. And there's every chance it won't be big enough to render mining unprofitable. Even if it is, miners may push through this time, expecting another huge rise in 2-3 years.
Click to expand...

We needed this added change in sentiment, this is exactly what will suck people in and for it to become a true bubble. Until you have complete fomo and your average member of the public losing everything, this won't be over.
 
Things like this in particular, this type of gross, careless and over consumption of power really needs to be addressed by governments world wide.

Running a mining rig with 10+ 250w GPUs from your house should not be an acceptable amount of power for a single household to consume.
 
Any headline with the word "could" means absolutely nothing. There can be less then a 0.0000001% chance of something happening for the word "could" to be used. I wouldn't be lying if I said the world "could" end tomorrow.

If the chances of the shortage lasting through to 2023 were over 50% then the headline would have the word "likely" or "probably" instead.

"Could" is meaningless and happens a lot with clickbait publications with absolutely nothing to back it up.
 
R3v4n said:
Things like this in particular, this type of gross, careless and over consumption of power really needs to be addressed by governments world wide.

Running a mining rig with 10+ 250w GPUs from your house should not be an acceptable amount of power for a single household to consume.
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Problem is the power companies are run for profit, if the 10 card gpu person you mentioned pays their bills no one will care. They rather have wasted energy that is paid for then give out free energy for the needy.
In the UK we are fortunate we do not have a shortage of power, but in Countries where BTC mining is causing power issues you are more likely to see action.
 
R3v4n said:
Things like this in particular, this type of gross, careless and over consumption of power really needs to be addressed by governments world wide.

Running a mining rig with 10+ 250w GPUs from your house should not be an acceptable amount of power for a single household to consume.
Click to expand...

government has no business telling you how much electricity you use. I have solar panels, I will use as much electricity as i see fit.

Whats probably is going to happen, electricity will go up massively, and guess who is going to suffer the most? Old people and the poor.
 
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