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Internet cafes are reinventing themselves into cryptocurrency mining farms
Internet and cyber cafes in Asia are slowly transforming themselves into cryptocurrency mining farms for the simple reason it makes more money. Currently, the pandemic has a severe effect on such places.
They are placing together all the graphics cards from the local computers and mounting them on various platforms to have them mine all day. One of the most famous cybercafes in Vietnam announced on Facebook, “By transforming the business in this pandemic, the benefits are higher, making it clear that mining is being more than profitable for this class of companies.
The owner of this particular cybercafé also owns a computer store, which explains how they had access to so many GeForce RTX 3080 graphics cards to mount them on more powerful farms that complement the rest of the systems to pay off the investment faster.
Source: (Star Computer – Tin Học Ngôi Sao) via @I_Leak_VN
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IchimA
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Posts: 1271
Joined: 2008-12-12
Senior Member
Posts: 1271
Joined: 2008-12-12
#5887800 Posted on: 02/16/2021 12:13 PM
That was new . No need to be rude man ! We all grown man here . At least I hope .
That was new . No need to be rude man ! We all grown man here . At least I hope .
TheDeeGee
Senior Member
Posts: 7992
Joined: 2010-08-28
Senior Member
Posts: 7992
Joined: 2010-08-28
#5887801 Posted on: 02/16/2021 12:13 PM
You're not the only one, it makes my blood boil as well.
Dont worry i am taking few days break anyway, fed up of this crypto nonsense.
You're not the only one, it makes my blood boil as well.
Noisiv
Senior Member
Posts: 8187
Joined: 2010-11-16
Senior Member
Posts: 8187
Joined: 2010-11-16
#5887803 Posted on: 02/16/2021 12:22 PM
It's annoying no doubt. And it would be hard to get these cards even without miners, and now its next to impossible.
But of all the things in this world... NOT BEING ABLE TO BUY STUFF - this is what makes your blood boil?
REALLY?
You're not the only one, it makes my blood boil as well.
It's annoying no doubt. And it would be hard to get these cards even without miners, and now its next to impossible.
But of all the things in this world... NOT BEING ABLE TO BUY STUFF - this is what makes your blood boil?
REALLY?
AlmondMan
Senior Member
Posts: 932
Joined: 2007-09-03
Senior Member
Posts: 932
Joined: 2007-09-03
#5887804 Posted on: 02/16/2021 12:25 PM
Never understood economics behind cyber cafes TBH...
You buy bunch of PCs; You rent a space in a high-traffic area. And then what?
You sell peanuts to stranded tourists?
Your shaman puts a curse on any idiot with a similar idea in a two miles area?
In a world where people don't have space or economy to have hardware or internet at their home, they can come to an internet café and use the internet there. Or play games there, or meet up with friends to play in a social space or whatever. You pay for the time you spend there and you buy your food there... Not sure how that's so difficult to figure out the economy in :p
Never understood economics behind cyber cafes TBH...
You buy bunch of PCs; You rent a space in a high-traffic area. And then what?
You sell peanuts to stranded tourists?
Your shaman puts a curse on any idiot with a similar idea in a two miles area?
In a world where people don't have space or economy to have hardware or internet at their home, they can come to an internet café and use the internet there. Or play games there, or meet up with friends to play in a social space or whatever. You pay for the time you spend there and you buy your food there... Not sure how that's so difficult to figure out the economy in :p
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Joined: 2011-10-22
Made me think of this for some reason xD