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

Post by sujinge9 » Thu, Feb 18, 2021, 9:44 PM UTC

cat199 wrote: post #225

paulpan wrote: post #160

Earlier quoted context omitted.

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…

> This just seems like a feeble gesture at appeasing gamers. Color me cynical, but this seems like a strong gesture at increasing margins on GPU computing by upselling using cryptocurrency and gamers as PR pawns/scapegoats if Nvidia is selling more cards than they can produce/distribute at desired target prices they should produce more cards and improve their distribution networks..

Post by throwaway1777 » Thu, Feb 18, 2021, 9:47 PM UTC

Leherenn wrote: post #210

selfhoster11 wrote: post #163

Earlier quoted context omitted.

They don't need to mine for that, merely buy existing Bitcoins.

Is that easy? I assume they are going to have Syrian pounds as cash. Then I guess you need to put them in a local bank account and use that account to buy BTC. Can you buy BTC with Syrian pounds? If yes, wouldn't the exchange rate be dreadful? I'm not sure exactly who would want SYP.

Post by PixelOfDeath » Thu, Feb 18, 2021, 9:48 PM UTC

Tenoke wrote: post #116

ralmidani wrote: post #111

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.

Post by terramex » Thu, Feb 18, 2021, 9:49 PM UTC

Klwohu wrote: post #215

Hahaha, this can't be real. Will they gimp the RTX-3060 in other applications like machine learning too? Will people who already bought these cards for mining have to watch out for updated drivers or firmware? This is an absolute nightmare scenario which will come back to haunt Nvidia for years. I can't believe they approved this. It'll be interesting to see how games perform on the newly gimped cards people already…

Post by pizza234 » Thu, Feb 18, 2021, 9:50 PM UTC

reilly3000 wrote: post #223

GPU supply is a huge problem, but this is a massively problematic solution. It likely won't even work; if it can be done w/ firmware, it will be reversed by firmware patches. I've been all through GPU firmware flashes in a quest to get both NVIDIA and AMD cards passed through to VMs w/ QEMU on Unraid, and I feel like this could be easily circumvented based on that experience.