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Presumably people enjoy investing in crypto. It’s a hobby for many, like gaming.
Presumably, gaming doesn't use as much electricity globally as the entire country of Argentina. https://www.bbc.com/news/technology-56012952
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How so? Take this excerpt from the article: > Nvidia does state that these GPUs "don't meet the specifications required of a GeForce GPU and, thus, don't impact the availability of GeForce GPUs to gamers." Frankly, that doesn't mean much. What does Nvidia do with a GPU that normally can't be sold as an RTX 3090? They bin it as a 3080, and GA102 chips that can't meet the 3080 requirements can end up in a future 3070 (…
Because cryptocurrency mining is now one of the biggest contributors to climate change. It is killing the planet. It is a moral imperiative to shut it down by any means necessary.
Earlier quoted context omitted.
How so? Take this excerpt from the article: > Nvidia does state that these GPUs "don't meet the specifications required of a GeForce GPU and, thus, don't impact the availability of GeForce GPUs to gamers." Frankly, that doesn't mean much. What does Nvidia do with a GPU that normally can't be sold as an RTX 3090? They bin it as a 3080, and GA102 chips that can't meet the 3080 requirements can end up in a future 3070 (…
Because cryptocurrency mining is now one of the biggest contributors to climate change. It is killing the planet. It is a moral imperiative to shut it down by any means necessary.
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> I mean, is there any inherent upside to burning tons of energy for games vs burning it for a cryptocurrency? You presume the total energy consumption would be the same whereas it'd be more likely that GPUs that are used for mining will be used 24/7 whereas gaming is likely to be performed by a human being who cannot or would not utilize the GPU nearly as many hours of the day.
> GPUs that are used for mining will be used 24/7 whereas gaming is likely to be performed by a human being who cannot or would not utilize the GPU nearly as many hours of the day. Yup. And even if they could utilize them 24/7, gamers generally* won't have 10+ cards going at once. *:I'm sure someone has some weird 360 degree flight simulator edge case.
I’d argue the target total fertility rate per woman should be somewhere below one. To hell with economic growth that relies on an ever increasing human population.
GPU mining is going to become much less attractive this year due to Ethereum moving to Proof of Stake, right? If this is the case (perhaps an expert can chime in) - it makes sense to limit the hash rate now, to prevent these cards being dumped later this year? And to redirect miners towards higher-margin products in the meantime, whilst ensuring better supply for gamers (who are the actual long-term customers).
What does a 'sub chain' actually look like to interact with? How do you coordinate with many of them? All these questions have answers in theory, but not answers in solid production ready interoperable code.
Furthermore some of these problems like 'how do you store a bunch of sub-chains' are questions not even properly answered in ETH1 nodes for the much simpler one chain case.
By launching the beacon chain early the organizations developing ETH2 can validate and make money while all these questions are figured out. This is where the money goes instead of the improvement of ETH1 since that's a tragedy of the commons as this point.
ETH2 is only worth money if these questions are figured out and ETH1 is somehow brought under the beacon chain's governance. Exactly how this is to happen... well I haven't even seen anything credible on this. Greenfield addition of chains under the ETH2 beacon chain is generously described as 'incomplete' moving ETH1 under ETH2 is much more challenging and I have not seen a plan with any level of detail.
Given that everyone is making bridges to ETH1 now and typical development timelines. I would give a medium to high chance that ETH2 will miss it's window by a couple of years and activity will move to other faster chains that are available now and capable of siphoning off traffic from Ethereum using bridges until they reach their own critical mass.
If I had to put money on it I would place 'proof of stake Ethereum' (defined as ETH1 under the POS beacon chain) more than 2 years out.
I could see the sub-chains (greenfield) working by EOY, although I wouldn't grant it a high probability.
Also if I had to put money on it I will bet on a halt of the Ethereum 1 chain for a time greater than 24 hours within that period, due to lack of maintenance on ETH1 nodes and increased stress from DeFi activity.
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ETH2 is kinda like 5G, yes there is a very real 5G network protocol, but in terms of pubic messaging, everything is 5G and communicating anything about how it works or when it will be available is filled with pitfalls and nuances that are difficult for the highly technical, much less the general public, to understand.
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They are removing all the display ports from the card so I can't imagine it can be used for gaming.
It can be. NVDA's stance is utter bull. It is entirely possible to render video games and stream them to another display [1,2] [1] https://www.youtube.com/watch?v=TY4s35uULg4 [2] https://www.youtube.com/watch?v=O1nok2VlF1M [3] https://www.youtube.com/watch?v=XfIibTBaoMM
I have used this service to play a few different games which I have licenses too where the developer no longer supports Mac; oddly this seems to have gotten worse with M1 chips.
I have no sympathy for miners, but purely from software freedom perspective this is maximally evil: closed-source software that decides what you can use your hardware for. The CMP version is a straight-to-landfill product. As soon as it stops being profitable for mining it will have zero resale value, and become e-waste.
Also, you just don't buy that hardware - so it's not "what you can use your hardware for" - unless they're retroactively updating drivers to prevent the same use of already purchased projects.
I'd argue your concern is an issue only due to patents that may prevent a competitor from coming in and making a competing product if the main producers are engaging in bad behaviours.
Edit to add: I love the downvotes - they're such a strong way to sway someone's thoughts on something, so much effort gets put into clicking a downvote too - it must be serious business!
I have no sympathy for miners, but purely from software freedom perspective this is maximally evil: closed-source software that decides what you can use your hardware for. The CMP version is a straight-to-landfill product. As soon as it stops being profitable for mining it will have zero resale value, and become e-waste.
Provide a better product for mining .. don't cripple what's out there.
This feels similar to when Nurofen tried to repackage generic drugs for different types of pain. I.e. ultimately a branding exercise.
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Edit: spelling and s/paracetamol/generic drugs