There is a universal truth when it comes to a capitalist system: nobody creates a company, an industry, not even a coffee shop, or whatever, to make a loss, not even the philanthropists! Generally speaking, those who create a business do so because they understand that that act is relevant to humanity. Anyone who undertakes, whether individual or collective, understands that they have something to offer the world and nothing, at the moment of this inspiration, will prevent it from happening. This is, in fact, the difference between those who lead and those who are led (of course, in a way, we are all led or conductors at some point!). In a productive system, whatever it is, there are three basic aspects that always depend on each other and support the undertaking: human capital (people), structural capital (machinery and building structures) and financial capital (money to move the wheel). Machine is sometimes not necessary, depending on what you do; You never start from zero humans, since the entrepreneur himself would already be a labor force; And money capital? Well, monetary capital is the only thing, since the bourgeoisie (so called because they lived in the towns, in the cities around the castle walls, there being, in fact, why there should be a derogatory tone!) started to finance the nobility and the arts the sciences, at the end of the Middle Ages, which is necessary and which, in most cases, is not available. Cryptocurrencies, in this sense, give ordinary people the chance to allocate few resources and withdraw, if done correctly, enough financial capital to start a physical business - if they wish - without relying on a bank, loan or moneylenders. Of course, if some rich angel spews money over his head, he doesn't even need cryptocurrencies, but that doesn't work because rich people love money! That's the beauty of the "Cryptonian" world and, just like the superman, who was born in Krypton (not to be confused with Crypto!) and turned out to be super on Earth but if he's close to Kryptonite, he dies, the Cryptonian world , when it splinters in a coin that collapses, it also kills for its splinters, the supermen (yes, because in a way, they are on the fringes of normal people who live off productive capital) who have bet on this new world. However, it must be remembered that everything in the digital world has to have a basic infrastructure to generate all these wonders. This means that even if you have human capital and financial capital, without machines, without tools, finally without the means of production, there is nothing that can be done, not even the coffee to sell (which at the very least needs a container to receive the net!). For those who don't know, cryptocurrencies necessarily require processing. Modern computers, from 2000, in addition to the central processor, have a graphics processor, for vector calculations, called the Graphical Processor Unit (GPU). This graphics processor, in the IBM-pc type computers, underwent many improvements, reaching the state-of-the-art of the NVIDIA gforce processors. There are, on a global scale, two companies that make good graphics processors: ATI and NVIDIA. A 20-year technological war and much progress later, users are grateful, especially those who play high-resolution graphics games. Speaking of processing, today, with the advent of modern cell phones, we have two types of processing: the central, von Newman architecture, commonly is the computer processor. the other architecture, called Harvard, uses some parallelisms of bus, not central, is called microcontroller, and widely used by smartphones, ASICs and all automation. Both are good at doing tasks, but not at complex math processing. They are inefficient because they heat up more for what they produce. GPUs are not, they are decentralized processors intended for complex vector calculations for rendering. It is on this computational power that crypto mines are based. That is, the entire crypto world is invariably based on GPUs. NVIDIA, the largest global producer, announces that starting with the new lines, there will be a hardware lock to limit processing when used for mining. This in itself will make crypto go up, more demand and less production in the media, it will become scarcer and more competition will be generated. The second problem is that, with the pandemic, all the inputs that cause a GPU to be produced have disappeared from the market or their price has become prohibitive: aluminum, silica, gold, copper, cadmium, tin, plastic and other components are scarce at the moment where the world embraced the automatisms and comforts of the internet. Therefore, as many mine owners are looking for these plates, the trade is unable to meet them, or it takes 30 days to arrive. Whoever has it raises the price, almost an auction. Who will pay the price? Everyone who is somehow in the Kryptonian world. This world will see price inflations. Whoever has the productive control will invariably interfere with the price. "Something to remember China and the United States once again? Or is it all by chance?) GPUs are, in my view, the first legal hardware drugs. An allusion that comes to mind, for the mines, is the extraction of gold in the 1980s, in Brazil, which became world famous: "Serra Pelada". Human anthill of people to extract gold from the earth. Thousands, billions of people, frantically mining, frantically dying. This fight is the same for GPUs. This addiction, this scheme to support cryptocurrencies will cost even more in the coming years. To see!
Dependence Inevitability: GPUs
By 1x0Fx0 - 100 | Bull, bear and the weather | 5 Jun 2021
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