Do we have possibly massive Bitcoin Miners present in Canada?!

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Jul 5th, 2021 1:05 pm

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Jul 1st, 2021 2:57 pm

esfandiyar2002 [OP]: Deal Addict; Feb 16, 2014; 1172 posts; 540 upvotes; London

Jul 1st, 2021 2:57 pm

Do we have possibly massive Bitcoin Miners present in Canada?!

I was about to purchase this from Amazon Canada after a long wait. It showed on stock with a reasonable price tag meaning plenty were there when I added that to the cart. I received a notification and the time interval between receiving a notification and initiating the order was almost ten minutes. The moment I decided to click to go to confirm the order, it came out that the price had changed all of the sudden! I am curious, though, do we have massive miners in Canada who constantly check everywhere including Amazon Canada to order an infinite number of drives for mining purposes or these are guys who purchase that amount and send it back somewhere on earth for mining?! There is almost no other justification on what could possibly happen in that 5-10 minutes interval! Any thoughts?!
https://imgur.com/a/skM5dbJ

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Jul 1st, 2021 3:12 pm

engineered: Deal Expert; Feb 11, 2007; 20310 posts; 24110 upvotes; GTA

Jul 1st, 2021 3:12 pm

esfandiyar2002 wrote: ↑ I was about to purchase this from Amazon Canada after a long wait. It showed on stock with a reasonable price tag meaning plenty were there when I added that to the cart. I received a notification and the time interval between receiving a notification and initiating the order was almost ten minutes. The moment I decided to click to go to confirm the order, it came out that the price had changed all of the sudden! I am curious, though, do we have massive miners in Canada who constantly check everywhere including Amazon Canada to order an infinite number of drives for mining purposes or these are guys who purchase that amount and send it back somewhere on earth for mining?! There is almost no other justification on what could possibly happen in that 5-10 minutes interval! Any thoughts?!
https://imgur.com/a/skM5dbJ

No, miners hoard graphics cards, not hard drives. Amazon prices and stock can change instantly and frequently.

If the women don't find you handsome, they should at least find you handy.

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Jul 1st, 2021 3:17 pm

Amourek: Deal Guru; Feb 6, 2003; 10683 posts; 1187 upvotes; Vancouver

Jul 1st, 2021 3:17 pm

Bitcoin doesn't use hard drives for mining, it's Chia (XCH) that's driving up demand for storage. As a result there haven't been any good mass storage deals the last couple of months. With big drives being in such short supply, you can expect people to jump on them quickly whether it's for Chia or normal use.

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Jul 1st, 2021 3:43 pm

Cheapo-Findo: Deal Expert; Mar 9, 2007; 15337 posts; 12603 upvotes; Think of the Childre…

Jul 1st, 2021 3:43 pm

Auto Buy Bots

WOULD SOMEBODY THINK OF THE CHILDREN!!!

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Jul 1st, 2021 6:32 pm

Keith1411: Deal Addict; Jul 18, 2019; 2434 posts; 6098 upvotes

Jul 1st, 2021 6:32 pm

Chia farmers are using buy bots on bigger hard drives.

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Jul 5th, 2021 7:38 am

death_hawk: Deal Expert; Aug 22, 2006; 30442 posts; 15929 upvotes

Jul 5th, 2021 7:38 am

Value of Chia dropped by a grand.
Netspace growth has also slowed. It's only 30EiB as of now. It was like 20EiB like a month ago.

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Nope. That's why I'm on the internet arguing with strangers. If I had anything better to do I'd probably be doing it.

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Jul 5th, 2021 1:05 pm

EasyCompany251: Deal Addict; Nov 21, 2014; 3081 posts; 5325 upvotes; Atlantic

Jul 5th, 2021 1:05 pm

No one (who is serious about mining Bitcoin and actually is looking to make profit) mines bitcoins via video cards. Difficulty is too high. That's what ASICs are for.

Other crypto currencies maybe.....depending on difficulty and current value.

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