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The blockchain bonanza is over for graphics card makers


Jason
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For now. If the price goes back up people will mine. Those that do the math will realize it's better to take that $1500 and just buy 5 Ether than buy hardware to mine because to mine 5 Ether would likely take 2 years.

 

Network hashrate for Ethereum has not dropped hardly at all even though the price has dropped by like 75%.

 

https://etherscan.io/chart/hashrate

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