- Sep 3, 2019
- 2,700 (2.28/day)
- Thessaloniki, Greece
|System Name||PC on since Aug 18th 2019, 1st CPU R5 3600|
|Processor||Ryzen 9 5900X, ECO mode 88W PPT|
|Motherboard||Gigabyte X570 Aorus Pro (Rev1.0), BIOS F36d, V2 220.127.116.11|
|Cooling||Corsair H110i 280mm (w/ Contuctonaut since Jan 2020)|
|Memory||2x16GB G.Skill Trident Z Neo (GTZN) 3600MHz 1.40V CL16-16-16-16-32-48 1T, tRFC:274, B-die|
|Video Card(s)||MSI RX 5700XT Gaming X, GPU 2100MHz, VRAM 1750MHz|
|Storage||Samsung NVMe: 980Pro 1TB (OS 2022), 970Pro 512GB(2019) / SATA-III: 850Pro 1TB(2015) 860Evo 1TB(2020)|
|Display(s)||2007 24" EIZO FlexScan S2411W 1920x1200 16:10 60Hz Samsung S-PVA 14-bit (16.7M/1.06B colors) 6ms G2G|
|Case||None... naked on desk|
|Audio Device(s)||Sound Blaster Z <--optical link--> Logitech Z5500 5.1 500W, Logitech G935 headset|
|Power Supply||Corsair HX750i|
|Mouse||Logitech MX Master (Gen1)|
|Keyboard||Logitech G15 (Gen2) w/ LCDSirReal applet|
|Software||Windows 10 Home 64bit (21H2)|
I'm sorry, but you certainly don not know what are you talking about, how things work on crypto, what decentralized mean, probably not know what blockchain is and what it can do on its full potential and how it can gain value and so on...What does it matter finite or infinite ammount, usually the last coin will take forever to mine on increasing difficulty. And If it is tied to some fiat, it's like printing money, should be illegal.
The only value it holds is for speculation, if it doesn't increase nobody would want it, let alone decrease. And it won't increase forever, actually it can as long the whales can stamp whatever price they want on it by selling and buying to themselves using their own multiple accounts, yeah, i want 30k for 1 coin, great it's a deal i just solt it for 30k to myself, yeah, next i want 40K for it, it's a deal, in all likelyhood if they make 50% of the transactions, 50% of the time it returns back to them, and also receive the fee reward, and so on and so forth. So long as the new comers keep paying the miners this could work.
Not all coins are mineable, not all coins are decentralized/centralized and its not like printing FIAT. Different blockchains can serve different purposes. There is a whole lot more behind the tech and we haven't seen much of it yet.
Anyway, mining will eventually be terminated by code upgrades. At least for some of them. Ethereum is the first of the big ones and its very close to its upgrade.
Dont spread out your false ideas, your psychology (based on herd behavior) assumptions or your shallow understanding of digital coin and blockchain.
People's greatest power is knowledge, and some are fighting to keep it restricted (not you I want to believe) or drown it into a river of lies, with mockery, alleged security issues, and so on...
And this does not apply to crypto only.