Time to get out of

[InbetweenDreams]

@Karl Rand you can ask @andy to move the thread to the Money section if you like.

@Chase Yes, it does use a lot of energy in mining. The catch is the more people who mine the difficulty goes up to offset the cost to process the transactions. Of course there's other ways to implement crypto such as Proof of Stake which helps with the issue. The Proof of Work models is what several currencies like Ethereum use and that's part of the reason why you can't find any GPU's. Of course the real reason you can't find any graphics cards is because of the pandemic, plus the newest release of cards are a huge upgrade plus a huge demand for working at home, gaming, and of course people buying cards up to mine with. The thing is I think some of these currencies will die off favoring other methods. However, being decentralized there has to be some incentive for people to run their hardware in some fashion. Who knows, I'm just going along for the ride and not trying to invest anything as the currencies are extremely volitale.