[ladybro]

Miners in China supposedly throwing out their rigs after this latest crash made them too expensive to keep running.

https://twitter.com/DoveyWan/status/1064878600594305025

[Symbiote]

As replies point out, the man is dressed in summer clothes. Many replies say it clean-up from a flood earlier this year.

[pavel_lishin]

It's difficult for me to accept that it's cheaper to wheelbarrow out a bunch of machinery, than it is to just cut power to a warehouse for a month.

[all2]

Does this mean GPUs will be flooding the market? I've been looking to buy something for gaming...

https://us.bidvoy.net/gtx_1070/27386

Guess not. I suppose if most of the miners are on BTC, they'll be using custom ASICs.

[prolikewh0a]

The price of other crypto's reliant on GPU's will also fall with the price of Bitcoin, likely making them unprofitable.

GPU prices are fairly cheap right now to be honest. I just picked up a GTX 1060 6GB for $139.

[tshannon]

Is any of that hardware useful or anything other than mining? Or is all of that hardware investment a loss?

If it the latter, then what an incredible waste.