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

blogs.nvidia.com

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

#271

Post by PeterStuer »

zelon88 wrote: post #105
cybrexalpha wrote: post #9

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…

That's for the people who already own the card. If you're in the market for a new card and you have the option of a powerful, purpose-built card that works out of the box or one that needs endless tweaking, few people would choose the more complex option. Especially if it means every new driver that gets released is going to require days to make work properly.

People are and still will be buying up every card that they can get their hands on at a price that turns an ROI of less than 6 months. They-ll just download a different driver/firmware if needed.

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

#272

Post by tibbydudeza »

bhaak wrote: post #73
krsdcbl wrote: post #28

Earlier 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

Warren Buffett, the renowned investor, famously dismissed gold in a speech given at Harvard in 1998. He said: “It gets dug out of the ground in Africa, or some place. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.” It sucks that gold is so desired just for its look. If it were cheaper it wou…

The same about diamonds.

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

#274

Post by jiofih »

serverholic wrote: post #16
Thaxll wrote: post #15

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…

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.

Wait, haven’t they been moving since 2018?

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

#275

Post by OldHand2018 »

k__ wrote: post #256

Is mining a viable investment?

At this exact moment, yes (I would think). But that says nothing about tomorrow, or next month. Even if the crypto price stays the same or goes higher, your ROI depends on how many other people are mining and what their hash rate is.

The people that are doing the best right now are almost certainly the ones with fully depreciated equipment.

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

#276

Post by mywittyname »

TomVDB wrote: post #226
the-enterprise wrote: post #63

(1) Many gamers are miners in their spare time! (2) Big Mining operations actually write their own drivers (3) Huge Mining operations even use custom boards (4) I heard that that Nvidia has been selling silicon directly to the big boys ( https://wccftech.com/nvidia-allegedly-sold-175-million-worth... ) (5) With this action I expect its only the little guys getting removed from the game here (1) a huge benefit for the…

> (2) Big Mining operations actually write their own drivers Strong claims require strong evidence.

This doesn't seem that far fetched. Especially since miners don't need to produce full-featured drivers.

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

#277

Post by glsdfgkjsklfj »

nvidia going to learn a lesson.

first, this is very obviously because they noticed cloud operators are offering these RTX cards and they do not have a 10x-the-price-enteprise-quadroRTX yet.

what they think will happen:

they will blame miners for their production issues, make RTX cards less attractive for cloud operators, sell a truck load of quadro cards to them while offloading RTX cards to actual gamers who then generate revenue in other ways (they do not have those free game bundles deals for nothing)

What will happen:

nerf cards, lose sales for gamers and ML startups.

impact production lines even more with multiple models, lose sales for cloud operators.

cause actual miners (not their strawman 'oh the prices are up' for their production issues) to either reverse engineer the drivers, or just keep the old drivers running and buying the now-cheaper RTX cards, compounding the production capacity.

game studios that started to use those features to speed up crowd AI etc will just slap a "AMD Recommended" on their games.

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

#279

Post by jsheard »

arsome wrote: post #243

Sounds like it's time to crack some NVIDIA drivers. I already do it for the video encoding limitations, why not this too? Miners are willing to go to some really hacky extremes, reflashing firmwares, custom fan mods, extreme overclock configurations, etc to maximize hashrates and certainly won't care if they have to jump through some hoops to patch a specific version of the Linux driver or enable unsigned drivers on…

Someone with early access to 3060 hardware, but not access to the launch drivers managed to wrangle it into working on pre-3060 drivers and still found that mining performance was artificially reduced. It starts high then falls off after a minute or so when some heuristic decides that mining is happening.

https://videocardz.com/newz/zotac-geforce-rtx-3060-early-gpu...

There's speculation that the limiter might actually live in the cards VBIOS, which is much harder to modify than the driver as newer Nvidia cards require a signed VBIOS to boot.

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

#280

Post by tibbydudeza »

cybrexalpha wrote: post #9

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…

The CMP cards will be much cheaper than the GPU gaming units so why would they bother ???.
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