| Speaking as someone who mined BTC profitably with a GPU and has my ETH mining rig churning away with gminer on flexpool.io right now, I sell everything I mine as soon as I get it. I see no legitimate utility in it. It has enabled scourges on society like ransomware, wasted massive amounts of energy. web3 is based on the false premise that people want to make 100 decisions per day to pay half a cent to read someone’s blog. Big money NFTs are generally just a simple tax scam. Person X makes 10 NFTs, sells one to Person Y for $10,000. Donate the 9 remaining for a $90,000 write-off. Person Y does the same thing making 10 NFTs, selling one to Person X for $10,000. No money changes hands and only one losing out are other taxpayers. Other people see NFTs selling for big bucks and start buying them too thinking they’re investing rather than misunderstanding the scam. The most ridiculous claim I see repeated now is that blockchains like BSV will replace cloud services like AWS. I’ve spent many years making a modest amount of money with it; I just see all of it as just nonsense. |