161–170 of 762 posts
If you cannot run what you want on the device, do you really own it?
https://www.theverge.com/2020/7/2/21311332/bmw-in-car-purcha...
Earlier quoted context omitted.
If it is not physically possible, this decision makes a lot of sense. Due to the global semiconductor shortage it simply is not possible to build more on the scale customers would like to.
The instrument to regulate that is called the price. You increase the price until there is a steady supply. That would help funding new fabs and in the long run increase the supply so that it could be available for a broader range of consumers. The way they do it is not sustainable. They will not generate enough money to pay for new manufacturing plants this way.
That’s on the order of years for this problem. I would imagine that Nvidia doesn’t think it could survive the reputational costs of charging market clearing prices for their cards for years - effectively proscribing their core gamer market for the entire period.
Sure, that’s what’s happening now, but it’s the fault of scalpers not a business decision by Nvidia. The scalpers get the ire of the core market, and Nvidia gets to look like it’s doing its best (while guaranteeing all the inventory it can make will sell)
It’s the same reason your favorite band charges a low face for tickets that doesn’t reflect demand - they don’t want to be the bad guy excluding poor people from the experience, they just let the scalpers do that.
I would normally be appalled by such an action, but the supply issues for RTX 30x0 cards are beyond ridiculous. Mining trashes the environment and, for the majority of crypto assets/volumes, does not provide genuinely valuable economic activity besides speculation (I say that as someone who has put thousands of dollars into crypto in the past). Why should people who want to try some ML/DL at home (maybe they even nee…
how Syrian refugees (or any other people from war torn place) convert their assets to crypto before leaving?
Gamers 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 CBECI tool estimates that bitcoin consumes about 15.24 gigawatts. There are approximately 2 million employees working at FDIC insured banks in the United States.[2] There are approximately 330 million people in the United States.[3] United States food production uses about 10 quadrillion BTUs per year (about 332 gigawatts = [10 quadrillion BTU / (365 24 60 60) sec to gigawatts]). 332 gigawatts / 330 million ~ 1kW…
I mean, how do you do for example mortgages or corporate finance with bitcoin - without hiring all the people and using all the resources current financial system does?
Frankly, more proper comparison would be the resource consumption of using gold in the financial system.
Earlier quoted context omitted.
Yeah, this is about par for the course for Nvidia. I wish AMD had a working product to kick their teeth in...
They do. The 5700XT is still an excellent card, the 6700 and 6700XT are coming out soon, and the 6800 and 6800XT are both absolutely killer cards as well, especially at the reference prices. Vendors and demand have effectively driven prices to an insane amount, and you just can't get them, unfortunately. Short of AMD doing something like Nvidia is doing here, I doubt we'll see them on store shelves any time soon.
Edit: 1100$ actually.
I would normally be appalled by such an action, but the supply issues for RTX 30x0 cards are beyond ridiculous. Mining trashes the environment and, for the majority of crypto assets/volumes, does not provide genuinely valuable economic activity besides speculation (I say that as someone who has put thousands of dollars into crypto in the past). Why should people who want to try some ML/DL at home (maybe they even nee…
The practical utility of crypto is such a joke when compared to the intended use cases that all of the speculators fawn over. The idea that crypto is a "store of value" seems like meager coping with the fact that transaction rates in a distributed system necessarily must suck compared to what Visa, et. al. are doing with IBM mainframes and racks of x86 hardware contained in the same datacenter (i.e. 1~2ms latency dom…
This defies your assertion that scaling cannot ever be achieved with current crypto approaches.
You wouldn't have to monkey around with hardware freedom and even if a person decides to re-sell it at least it had the chance of being used by a "real gamer" first.
Gamers 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 CBECI tool estimates that bitcoin consumes about 15.24 gigawatts. There are approximately 2 million employees working at FDIC insured banks in the United States.[2] There are approximately 330 million people in the United States.[3] United States food production uses about 10 quadrillion BTUs per year (about 332 gigawatts = [10 quadrillion BTU / (365 24 60 60) sec to gigawatts]). 332 gigawatts / 330 million ~ 1kW…
Gamers 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…
I feel so lucky to buy RTX 2060 two years ago. It's still a good card if you're not doing 4K gaming, and right now it costs more than when I bought it.
Five months later I still have my eBay searches saved, and the exact model I bought is now regularly selling for 40+% more than it cost me. There's one right now with a few hours left on the clock, currently going for 50% more than I paid, with 75 watchers and 51 bids. It's wild.
Earlier quoted context omitted.
The instrument to regulate that is called the price. You increase the price until there is a steady supply. That would help funding new fabs and in the long run increase the supply so that it could be available for a broader range of consumers. The way they do it is not sustainable. They will not generate enough money to pay for new manufacturing plants this way.
> ‘long run’ That’s on the order of years for this problem. I would imagine that Nvidia doesn’t think it could survive the reputational costs of charging market clearing prices for their cards for years - effectively proscribing their core gamer market for the entire period. Sure, that’s what’s happening now, but it’s the fault of scalpers not a business decision by Nvidia. The scalpers get the ire of the core market…