Gadgets

Chinese miners mine Ethereum at Starbucks (video)


Bitcoin's explosive growth has led to an increase inprices of all cryptocurrencies. The most promising was the second largest cryptocurrency Ethereum (ETH) by capitalization, which rose in price over the year from $ 110 to the current $ 1,588. As a result, miners became more active, and there was a shortage of video cards on the market. The GeForce RTX 30 series became especially popular.

At the same time, the high cost of the cryptocurrency allowed Chinese miners to switch from GPUs to gaming laptops equipped with top-end video cards.

The Ethereum mining process was demonstrated by the authora video from the social network Bilibili, which told how during a morning visit to Starbucks in 2 hours she was able to get 0.00053 ETH, which is $ 0.84. At the same time, she used a laptop equipped with a GeForce RTX 3060 video card, which was connected to the outlet of the cafe, and the girl did not pay for the electricity spent on mining ETH.


Such mining is becoming popular in China, where consumers have begun to massively buy laptops based on GeForce RTX 30 series graphics cards, as GPUs themselves have long been in short supply.

The description for the presented video says,that on the day of testing, the price of ETH was $ 1,330, and the full payback of the laptop would be 260 days, taking into account the zero electricity price. As a result, 140% of the income can be received per year. However, it should find a Starbucks that can comfortably accommodate for the coming year, while the price of ethereum should remain at its current high level.

Source :: bilibili