Great, another company that is dictating what software I am running on the computer I own.
I’ve never mined Ethereum, but this really upsets me.
Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
51–60 of 762 posts
Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#52It'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 real shame is allowing scalpers to run their stock dry and generating this problem.
Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#531.2.3 Class action lawsuit.
Class action lawsuit relative to a product that isn't sold yet?
What next, class action lawsuit against Apple when they announce the next iphone won't have any external ports?
Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#54Earlier quoted context omitted.
I don't quite get why everyone seems to get onto the environment train with crypto but seem to have had no issues with gold
Because we don't have any alternative to gold.
As far as I know (last time I googled it) if speculation was removed and hoarding, gold would be worth about $100 an ounce for the things we need it for.
So yes we do have alternatives to gold. Things such as Bitcoin and crypto, which keep going up in value, while gold speculation has stagnated and is even going down. Weakening dollar and massive debts due to the pandemic should mean gold skyrockets, but people are buying the alternatives. It looks grim for gold. Tesla didn’t buy gold, they bought Bitcoin.
Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#55Gamers 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…
Not to take a side in this fight but i find the counter argument about the environmental cost of regular currencies interesting. How much co2 is emitted in the clearing of dollar transactions vs the clearing of bitcoin for example. That’s a whole lot of data centres. I’m not persuaded that we can put costs like legal (or even military) protection under just the dollar column - if you steal my $CO2COIN i can leverage…
not to mention the humans involved in clearing dollar transactions...
Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#56Gamers 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…
The environmental impact of "Proof of Work" could have been a problem but the inventors did think about that and realized that mining can be done pretty much anywhere, using renewable resources that would otherwise be untapped. As usual the ethical burden should be on the user of the tool, not the tool itself.
In the long run miners who do not use untapped (cheaper) renewables are going to be priced out, it just takes some time. That said other protocols much less computationally intensive, such as "Proof of Stake", are starting to be tested.
Anyhow, good idea NVIDIA!
Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#57Gamers 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…
Not to take a side in this fight but i find the counter argument about the environmental cost of regular currencies interesting. How much co2 is emitted in the clearing of dollar transactions vs the clearing of bitcoin for example. That’s a whole lot of data centres. I’m not persuaded that we can put costs like legal (or even military) protection under just the dollar column - if you steal my $CO2COIN i can leverage…
> How much co2 is emitted in the clearing of dollar transactions vs the clearing of bitcoin for example. That’s a whole lot of data centres.
About 40000 times less I think? That's the figure I saw for a SEPA transfer or Mastercard transaction vs the bitcoin equivalent
Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#58As I wrote in the other thread here, this won’t change anything. The additional chips which were previously binned probably don’t exceed demand. The demand of miners is inelastic and they will buy anything.
Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#59Gamers 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…
Ethereum has been designed from the very start to switch from PoW (mining) to PoS (validating) and Phase 0 of that transition has already started.
Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half
#60Great, another company that is dictating what software I am running on the computer I own. I’ve never mined Ethereum, but this really upsets me.
Then get literally any other Nvidia card?