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Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half

blogs.nvidia.com

171–180 of 762 posts

Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half

#171
post #116

Earlier quoted context omitted.

I understand Nvidia is no angel. And I'm totally OK with them doing the right thing for the wrong reason. Also, my concern is not for data centers running creepy ML models that invade users' privacy, but for the average home user who wants to get started with ML and at the same time get decent frame rates when they play a game.

>I understand Nvidia is no angel. And I'm totally OK with them doing the right thing for the wrong reason. My argument is they should and could have scaled up the production rather than just shuffling around which group they hurt or help at the expense of which other (be it miners, ML folks or gamers). This isn't the 'right thing', it just helps the group you prefer on this round.

https://www.networkworld.com/article/3602456/youre-not-imagi...

Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half

#172
post #157

I'm a miner (7x3070, 2x3080, 1x3090) and I support this nerf. The reason is because I am also a gamer, and it's always regrettable that cryptocurrency mining has made gaming cards out of reach.

Out of curiosity how did you get those cards? Did you manage to buy them at retail or is the economics such that the miners are willing to pay the scalper premium?

Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half

#173

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…

Even $2000 video cards are sold out

I'm speechless

Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half

#174

Nvidia should partner with Steam. Steam has enough meta-data on user accounts to be able to offer a level of certainty about how accurate and authentic a given account and it's user information is. You could then use a trusted enough Steam account as a one-per-customer method to sell a card to. 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 chan…

I'm in the market for a card for computer vision stuff, but don't have steam.

Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half

#176

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…

Even $2000 video cards are sold out I'm speechless

It doesn't surprise me. My 2yo GPU is selling in EU for double the price I originally bought it from the same retailer. Its the first time computer hardware is actually not depreciating but gaining value as it ages.

Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half

#178

Have nvidia lost their minds? It's going to take days for mining operations to reverse-engineer the driver and undo this. So commercial operations won't be affected at all. Worse, their detection isn't going to be 100% perfect. What if After Effects does something that looks "kind of" like mining. Is it just going to be crippled? What will nvidia do then? Suggest I buy a Quadro for AE support? This will only penalise…

So true. Nvidia can't not know how resourceful cryptominers are - and to what lengths a miner will go to modify the firmware for even a few percentage point improvements. It'll just lead to a never-ending back and forth (will daily drivers become a thing?) until Nvidia decides it's not worth the effort. This just seems like a feeble gesture at appeasing gamers. What's interesting is that these "mining-crippling" chan…

Maybe there is some hardware enforcement involved? Also, retroactively capping functionality of a sold product seems like a PR and legal nightmare.

Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half

#179

Earlier quoted context omitted.

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?

Literally as we speak. It's in production, but the process of deprecating proof-of-work will still take a couple years.
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