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Cryptocurrencies are making laptops, phones, and TVs skyrock...
Cryptocurrencies are making laptops, phones, and TVs skyrocket amidst a shortage of chips. $NVIDIA (NVDA.US)$ restarted production of GPU for miners.Smaller mining companies production is slowing drastically due to pecking order. Chinas mining is down from 80% to 40% now.
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WaysoftheMaster420 : building a pc right now is nearimpossible, unless you are willing to pay double and good luck finding a GPU. , matter of fact, people are selling 2 year old GPS s for more than they originally paid , kinda like stocks;).
Mcsnacks H Tupack OP WaysoftheMaster420 : Yea I sold my macbook last week for $700. I think I paid 600-650 for it in 2014. Said they buy them to ship overseas once they get 50-100 of them. They update them there to use to mine with.
Mcsnacks H Tupack OP : Used to not be profitable to mine with them. But now you can since the price is so high. Probably should have waited until Bitcoin reached 100,000 could have sold for double
STD0825 : what do you think about AMD or MU for investors not able to take a chuck of neivida?
OldNormanBates STD0825 : Both are good.I own fractional shares of both.
OldNormanBates : 1000 yr end
Mcsnacks H Tupack OP : $$NVIDIA (NVDA.US)$ has all the hardware that the others need since they have the most money. $$Micron Technology (MU.US)$ seems like the best investment with the highest percentage rate in returns tho.
STD0825 : ok so will you gentlemen (used very loosely, I read what you write.) possibly help narrow my search to 3 possibilities of gold stocks that you would consider strong emerging market supplies....my thoughts being the increase of precision crafted cpu and graphics card/boards at low costs seems like an industry ready to explode because of the 900 new E/V companies and data mining for coins....
plus you feel there will be a shift back to hard currence to some extent Tupack?
I would like to try my own DD but know nothing of the industry so to you guys....
Mcsnacks H Tupack OP STD0825 : I like $$CommScope (COMM.US)$ . Good buy in price at 13.80 and ER was thru the roof.
Mcsnacks H Tupack OP Mcsnacks H Tupack OP : They should get up to 30-40.00 by EOY