Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

blogs.nvidia.com

Post reply on HN
Print view View original

621–630 of 762 posts

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

#621

Post by clarkmoody »

zaptrem wrote: post #615
px43 wrote: post #598

Earlier quoted context omitted.

Bitcoin doesn't need high transaction volume to provide value to its users, which is obviously apparent by looking at the current transaction volume. PoW is also the most efficient way to do what Bitcoin is doing. Attempts to displace PoW have all failed, because the required trade-offs are always too high, and detract from the value of the network. If you can figure out a fair way to seed value on a network that doe…

What issues do you see with Ethereum's upcoming PoS+Sharding system?

Exchanges will provide staking rewards (APR yield) for deposits of ETH. Very quickly they will control enough of the stake to enforce whatever rules they want on the system. As regulated entities, they can be leaned on by the state to change aspects of the system to appease their regulators (KYC, censorship, freezes, etc). Checkmate.

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

#622

Post by spiznnx »

qqii wrote: post #538
dumbfounder wrote: post #228

Earlier quoted context omitted.

I think it absolutely makes sense for them to customize their products for the market they want to serve, even if it is artificial, that is their prerogative. But the product is just for gamers that want better games. I think it's funny that is the moral high road here.

By the same logic those interested in ML shouldn't be buying up Geforce cards and should buy their Tesla line.

Yes, Nvidia would like that as well. I expect them to further cripple more non-gaming applications on the Geforce line going forward.

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

#623

Post by davesque »

They might be under a lot of economic pressure to do this. After all, if one of the premier manufacturers of gaming GPUs can't get their product into the hands of gamers, the game industry as a whole will certainly suffer. Imagine the extreme scenario where large studios develop and release their next gen AAA titles only to find out no one's buying them because they can't find any GPUs to run them on.

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

#624

Post by aspaceman »

skyzadev wrote: post #614
auggierose wrote: post #608

Earlier quoted context omitted.

I think you are the one not thinking it through properly. Yes, humanity will use energy. But it is kind of by design that bitcoin uses more and more energy, and that just doesn't make sense. Sorry. Bitcoin is not humanity using energy. It is humanity flushing energy down the drain.

Our sun is shooting out so much energy that is not getting used at all. That is flushing (sustainable) energy down the drain!

"Bitcoin is wasteful"

"But look at the sun man! That's the real waste"

Are you high?

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

#625

Post by arsome »

canada_dry wrote: post #616
arsome wrote: post #540

Earlier quoted context omitted.

https://github.com/keylase/nvidia-patch Basically just lets my Plex server transcode more streams at once without having a Quadro.

> my Plex server transcode more streams at once And... why do you need your Plex server transcoding multiple streams? Just curious!

I've got many users on it and 3 or 4 simultaneous streams is not an uncommon occurrence. Nvenc is artificially limited to 2 on consumer cards.

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

#626

Post by skyzadev »

AlotOfReading wrote: post #469
px43 wrote: post #444

Earlier quoted context omitted.

Each hour 430 quintillion Joules (430 exajoules) of energy from the sun hits the Earth.[1] It is almost exclusively reflected back out into space, and wasted. We have nearly no incentive to capture it, so the energy is being wasted at a mind boggling scale. I've been mining cryptocurrencies with solar power for about 6 years or so. The great thing about crypto mining is that it creates a price floor for energy usage.…

Since we're firmly in the ridiculous arguments camp already, it may as well be pointed out that all of that energy leaving the planet is a good thing. It's why the earth isn't a barren hellscape like venus, whose atmosphere captures energy much more efficiently. Most people would actually prefer that we capture just a bit less than we currently do.

So you are saying we will capture so much energy from the sun that the entire planet will become inhospitable. Do we then just keep burning fossil fuels until earth becomes inhospitable instead? Or do we kill ourselves and stop the need for energy use entirely? Remember that humans will forever have energy needs as we advance.

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

#627

Post by birdyrooster »

auggierose wrote: post #608
skyzadev wrote: post #600

Earlier quoted context omitted.

Electricity usage will forever be a human need and people need to realize and accept that. Taking down bitcoin because it's software that runs on computers that uses electricity is not the answer here - renewable and sustainable energy is the answer. Everybody is just echoing the same headline they read on some news article about bitcoin using a lot of energy without thinking it through properly.

I think you are the one not thinking it through properly. Yes, humanity will use energy. But it is kind of by design that bitcoin uses more and more energy, and that just doesn't make sense. Sorry. Bitcoin is not humanity using energy. It is humanity flushing energy down the drain.

Bitcoin doesn't have to keep halving until 2140, their governance could decide to stop mining early once it becomes an existential crisis for the network. Bitcoin is code and there could be special cases made so long as they can get the miners to agree. The miners can name their price on processing transactions on the network in lieu of continuing to mine. The transaction processing is much less onerous in terms of power consumption.

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

#628

Post by oh_sigh »

Gamers want to spend $500 on a GPU, whereas miners want to spend $1000 on a GPU. It makes sense that NVIDIA would have two offerings. Crypto may for the most part move on from non-GPU intensive methods, but gamers will almost always be looking for the cutting edge, so it would be wise to be able to continue to be competitive with the gaming market.

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

#629

Post by skyzadev »

aspaceman wrote: post #624
skyzadev wrote: post #614

Earlier quoted context omitted.

Our sun is shooting out so much energy that is not getting used at all. That is flushing (sustainable) energy down the drain!

"Bitcoin is wasteful" "But look at the sun man! That's the real waste" Are you high?

I was indirectly referring back to my original post above if you did not notice. And no I'm not high, just having a conversation about Bitcoin energy usage in relation to renewable and sustainable energy technology.

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

#630

Post by monocasa »

leetcrew wrote: post #263
tus89 wrote: post #257

Earlier quoted context omitted.

Is it even in theory possible to produce silicon that does not perform well on crypto operations while allows 3D to run at full speed? Or do they simply rely on the same underlying operations?

wouldn't hashing be mostly int operations, while 3D graphics would be FP32? I dunno if they still do this, but nvidia used to artificially limit the rate for other float widths on geforce parts to segment the market.

There's plenty of integer ops in games these days. They do pretty arbitrary computation in compute shaders.
Post reply on HN