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Internet Cafes are turning into crypto mines

Nivedita Bangari by Nivedita Bangari
February 17, 2021
in Technology, News
0
Internet Cafes are turning into crypto mines

Montreal, Canada - 28 February 2018: Stacked cryptocurrency coins (Bitcoin, Ethereum, Litecoins)

Cryptocurrency is increasing in value day by day, and investors are looking to invest big in the growing digital currency market. As witnessed by the investment and promotion of Bitcoin by none other than the man, Elon Musk himself, the cryptocurrency value seems to be soaring high.

But one interesting news related to Cryptocurrency has surfaced online, and it’s interesting in all aspects. As we already know, due to the restrictions imposed because of the pandemic, Internet Cafes have lost their business. But things are not the same.

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People cannot meet at Internet Cafes due to local restrictions meant to limit the spread of a virus, but the Internet Cafes are now transforming into cryptocurrency mining cafes. In recent news, an owner of a Vietnamese Internet Cafe has announced it is switching business to GPU mining operation. “Profits are higher”, the company has announced on Facebook.

It seems that crypto mining is taking off with a bang, but the question remains as to where the café owners got access to numerous GeForce RTX 3080 graphics cards in the first place. Well, the business can’t be blamed for trying to be in business but still, it hurts our feelings as gamers.

The availability of the cards has been in question, but it would have been much easy to sell those cards rather than use them for mining. But using the cards for the cryptocurrency is also a plus point it’s just that we would be much happy to receive those cards for ourselves.

Source

Tags: CryptocurrencyInternet Cafes
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