If you cannot run what you want on the device, do you really own it?
If you cannot buy it because miners have purchased all the stock, do you really own it?
Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
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Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#12It's a real shame that companies think that they should be the ones dictating how you use a piece of hardware you bought from them. It's a further shame that they would artificially hinder their hardware for such purposes. I will avoid nvidia in the future as a result of this sort of attitude, and I don't even mine cryptocurrency. I have no dog in this race other than a philosophical one.
It's easy to speak philosophically when you have no dog in the race. It's harder when you need a GPU for other tasks and have to pay the crypto tax.
No. They (nvidia or someone else) should be building tons and tons of cards for the existing demand. I just cant understand why isnt someone salivating at such market inefficiency.
Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#13Wow nVidia really needs some serious competition.
Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#14It's a real shame that companies think that they should be the ones dictating how you use a piece of hardware you bought from them. It's a further shame that they would artificially hinder their hardware for such purposes. I will avoid nvidia in the future as a result of this sort of attitude, and I don't even mine cryptocurrency. I have no dog in this race other than a philosophical one.
the vast majority of their customers will happily give up crypto-mining for the chance to buy a card at a reasonable price
(... assuming the miners can't trivially patch to the drivers to re-enable the functionality)
Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#15Gamers hate miners, they're driving the price up, make hardware impossible to get ect ... It's a really problematic situation. Almost 6 month after launching new graphic cards from AMD / NVIDIA good luck gettting an RTX 30xx or 6800.
On a side note all those virtual currency are just plain wrong on the environment side, it does not make any sense in 2021 to have a currency that need heavy computation thus increasing power consumption. When people designed those currency they def did not think about that.
Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#16Gamers hate miners, they're driving the price up, make hardware impossible to get ect ... It's a really problematic situation. Almost 6 month after launching new graphic cards from AMD / NVIDIA good luck gettting an RTX 30xx or 6800. On a side note all those virtual currency are just plain wrong on the environment side, it does not make any sense in 2021 to have a currency that need heavy computation thus increasing…
This is why Ethereum is moving to proof-of-stake. Saying that virtual currency is wrong because the biggest currency is unwilling to innovate is wrong.
Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#17It's a real shame that companies think that they should be the ones dictating how you use a piece of hardware you bought from them. It's a further shame that they would artificially hinder their hardware for such purposes. I will avoid nvidia in the future as a result of this sort of attitude, and I don't even mine cryptocurrency. I have no dog in this race other than a philosophical one.
Nvidia is in a "tough" spot. If they increased GPU prices to take advantage of miner demand, they could be rich but lose the gaming segment. If they keep the price accessible for gaming, then they end up dealing with scalpers and low availability which, fair or not, impacts their brand. This is really an attempt to get the miners to buy something else so they can have both market segments.
Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#18Gamers hate miners, they're driving the price up, make hardware impossible to get ect ... It's a really problematic situation. Almost 6 month after launching new graphic cards from AMD / NVIDIA good luck gettting an RTX 30xx or 6800. On a side note all those virtual currency are just plain wrong on the environment side, it does not make any sense in 2021 to have a currency that need heavy computation thus increasing…
This is why Ethereum is moving to proof-of-stake. Saying that virtual currency is wrong because the biggest currency is unwilling to innovate is wrong.
When?
Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#19It'll be interesting to see how long it takes for someone to reverse-engineer the drivers and remove the slowdown code.
I'm sure someone raised that objection internally, and was pointedly ignored (as they should be if all you care about is the PR angle of "we're doing something"!)
Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#20Earlier quoted context omitted.
It's easy to speak philosophically when you have no dog in the race. It's harder when you need a GPU for other tasks and have to pay the crypto tax.
No. They (nvidia or someone else) should be building tons and tons of cards for the existing demand. I just cant understand why isnt someone salivating at such market inefficiency.
A thought just occurred to me: is there an upper limit to how much computing power (and energy) cryptocurrency mining can reasonably use? Or could all computer hardware be repurposed to mine crypto and there would still be demand for more hardware?