Bitcoins no graphic cards why?

To explain this at first you should know how works bitcoin mining and what we use to do it.

Bitcoin-mining is based on sharing the computing power – the more computing power you have the more bitcoin parts you will earn, simple.

But for it to be profitable, you must have a graphics card, because the extraction on the processor is at least silly because graphics cards can perform more difficult calculations in the shorter part of the CPU. And yet when we want to dig bitcoins, we have to make sure that the electricity bill is not bigger than profit. So you need a graphics card, a good graphics card, for example GeForce GTX But one can be inadequate so why don’t buy more for example 6 as at miner visible below.

Now one bitcoin-miner can go to the store and buy a monthly delivery of graphics cards. But life is not so good that in a month, only one person who wants to dig bitcoins will come for a graphics card. dozens will come. Either one person will buy 14 graphics cards or even more. Because why not?

So what will happen, we have a lot of bitcoin-miners and an insufficient number of graphics cards. And what happens when there is not enough product, but the demand is big? The price is rising. So if you want to buy a new computer for gaiming, it's good to wait until the craze on bitcoin digging is over, and the price of graphics cards will return to normal.

At the end example from life recently you will be able to buy GeForce GTX 1070 ti gaming for About 2000 – 2000 zl but now it cost ~ 3200 zl*.

*zl Polish currency 1zl ~ 3,3$

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