Cryptocurrency miners are renting Boeing 747s to ship graphics cards

#1

Post by z3t1 » Sun, Jul 30, 2017, 9:29 PM UTC

Cryptocurrency miners are renting Boeing 747s to ship graphics cards
pcgamer.com

Re: Cryptocurrency miners are renting Boeing 747s to ship graphics cards

#2

Post by aphextron » Sun, Jul 30, 2017, 9:51 PM UTC

Is this the real story behind nVidia's insane stock spike over the last year?

Re: Cryptocurrency miners are renting Boeing 747s to ship graphics cards

#3

Post by ctz » Sun, Jul 30, 2017, 9:54 PM UTC

Any actual source for this? (Like a waybill, or customs documents. Not a press release.)

Re: Cryptocurrency miners are renting Boeing 747s to ship graphics cards

#4

Post by klodolph » Sun, Jul 30, 2017, 9:57 PM UTC

aphextron wrote: post #2

Is this the real story behind nVidia's insane stock spike over the last year?

Miners use AMD cards because they have better integer performance, unless I'm mistaken.

Re: Cryptocurrency miners are renting Boeing 747s to ship graphics cards

#5

Post by elmar » Sun, Jul 30, 2017, 9:59 PM UTC

Another source speakes more of ether. https://news.ycombinator.com/item?id=14885294

Re: Cryptocurrency miners are renting Boeing 747s to ship graphics cards

#6

Post by usaphp » Sun, Jul 30, 2017, 10:04 PM UTC

klodolph wrote: post #4

aphextron wrote: post #2

Is this the real story behind nVidia's insane stock spike over the last year?

Miners use AMD cards because they have better integer performance, unless I'm mistaken.

I thought they use AMD cards because they consume less power

Re: Cryptocurrency miners are renting Boeing 747s to ship graphics cards

#7

Post by dragontamer » Sun, Jul 30, 2017, 10:04 PM UTC

usaphp wrote: post #6

klodolph wrote: post #4

Earlier quoted context omitted.

Miners use AMD cards because they have better integer performance, unless I'm mistaken.

I thought they use AMD cards because they consume less power

NVidia actually consumes less power in most games.

But AMD cards use less power with integer performance.

Re: Cryptocurrency miners are renting Boeing 747s to ship graphics cards

#8

Post by joezydeco » Sun, Jul 30, 2017, 10:11 PM UTC

The 747 is needed because it's filled fore-to-aft with cards? Or just because it sounds good in an article?

A ticketed courier could deliver a large number of cards just as quick, if not quicker.

Re: Cryptocurrency miners are renting Boeing 747s to ship graphics cards

#9

Post by notjesse » Sun, Jul 30, 2017, 10:18 PM UTC

The article title makes Genesis Mining sound like a bunch of amateurs, but they are a fairly large private company. Ordering express bulk freight for any company of this size doesn't sound so crazy.

Re: Cryptocurrency miners are renting Boeing 747s to ship graphics cards

#10

Post by lostmsu » Sun, Jul 30, 2017, 10:29 PM UTC

usaphp wrote: post #6

klodolph wrote: post #4

Earlier quoted context omitted.

Miners use AMD cards because they have better integer performance, unless I'm mistaken.

I thought they use AMD cards because they consume less power

Power does not matter that much if you spend $3 of it to earn $100 every month. It mostly depends on payback time.