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Nvidia Limits RTX 3060 Hash Rate

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Re: Nvidia Limits RTX 3060 Hash Rate

#151

Post by j1dopeman »

gruez wrote: post #141
johnday wrote: post #123

Earlier quoted context omitted.

This may look true from the perspective of a single sale, but in the long term this just doesn't hold up. NVIDIA builds a strong and long-held reputation with gamers, and are a well renowned name in the field. If they made cards for miners at the detriment of gamers, they risk losing that valuable market position.

This is a common sentiment I see on discussion forums, but I think it's wishful thinking at best. Most consumers aren't enthusiasts that follow these types of news, and even the ones who do probably won't care/remember a few years down the line. After all, nvidia seems to be doing just fine despite their long history of anti-consumer practices over the years.

I think they run the risk of people giving up on pc gaming completely or never getting into it in the first place. A market that has and should be growing will shrink instead.

Re: Nvidia Limits RTX 3060 Hash Rate

#152

Post by michaelt »

Netcob wrote: post #113
nottorp wrote: post #95

Does that mean they're bringing down the xx60 card price too? Rabid gamers who MUST have that 1440Hz refresh may be willing to pay anything for their space heaters, but there are people who play games but aren't willing to spend 1K (or 3K, how far have they gone these days?) on a video card. In other words, is this done to increase sales volume or just nvidia's profit?

It's done so that when the crypto bubble bursts again, the market isn't flooded with used graphics cards. In 2017 everyone was buying GTX 10XX cards, on one hand because they actually represented a good improvement over the last generation for a change, but mostly due to the crypto bubble. Which then burst at the beginning of 2018. Then RTX 20XX came along, which actually represented a slight drop in price/performanc…

And at the same time, it lets them cut out the scalpers and sell straight to the miners who'll pay twice the price for a card - without the price-gouging upsetting gamers.

Re: Nvidia Limits RTX 3060 Hash Rate

#153

Post by Sholmesy »

Retric wrote: post #130
ShinyRice wrote: post #96

Earlier quoted context omitted.

That is not quite true. Miners that know what they're doing will undervolt their cards in order to improve power efficiency, which makes cards run cooler and at lower power.

You can’t tell from an eBay listing that a given card was undervolt or overclocked. On average it’s far more risky than buying a gamers card which, so their best avoided. Also, undervolting isn’t always the correct choice it depends on how valuable the coin being minded is relative to energy costs. Someone mining in their dorm room for example may not be paying based on electricity useage.

Citation needed?

My understanding was that gaming cards are pushed far harder, at higher temps, with fluctuating power and thermals, which causes more issues than a single stable power limit and temperature

Re: Nvidia Limits RTX 3060 Hash Rate

#154

Post by SXX »

_lqaf wrote: post #138
kamranjon wrote: post #74

Earlier quoted context omitted.

'One of the biggest contributors to climate change' - this is so far from being even remotely true

Perhaps overstated, but it is a noticeable percentage of global electricity use spent on what is at best an enabling technology for the somewhat quixotic pursuits of a tiny fraction of the population. You should of course make your own judgments, but many people do not consider that a good tradeoff.

Keep in mind that bulk of crypto mining is quite centralized around the places with cheap elictricity so it's also mean cheapest source give highest advantage.

Unlike actual people mining farms can be placed right next to power source so it's easier to use Nuclear / Wind / Solar / Hydro for such purposes.

Re: Nvidia Limits RTX 3060 Hash Rate

#155

Post by SXX »

altcognito wrote: post #94
hahahahe wrote: post #89

I am convinced Nvidia is deeply involved in the crypto space more so than they care to admit. I can’t wait until Apple matches or surpasses Nvidia so we don’t have to listen to Jensen’s lies quarter after quarter about how insignificant crypto mining is to their business.

Isn’t it just so mysterious how they have all these supply problems? I wonder why they can’t seem to manufacture products! In all reality, what they are doing is totally normal, I just wish they wouldn’t lie about it.

How do you think they can lie as public company? Literally everyone is bottlenecked by TSMC right now.

Re: Nvidia Limits RTX 3060 Hash Rate

#156

Post by gruez »

Retric wrote: post #136
gruez wrote: post #120

Earlier quoted context omitted.

>Not to mention crypto miners will often have the GPUs overclocked on top of running full tilt to get every last hash out of it. It's about as brutal of a situation as you can get for a GPU. This is false because miners often undervolt to achieve better efficiency. The popular GPU mining algorithms are all memory-bound, so you can undervolt your core clocks quite a bit and still get >95% of the original performance.

That depends on how valuable the last 5% of your hash rate is and local electricity prices. Running an OC especially for memory can objectively be the correct choice. For collage dorms for example rarely charge based on electricity use. Some apartment complexes also include electricity as part of the rent.

>For collage dorms for example rarely charge based on electricity use. Some apartment complexes also include electricity as part of the rent.

Those situations are rare. A student in a college dorm isn't going to be able to afford multiple GPUs for a mining rig, and if he's mining with one GPU, he's likely going to keep it when the crash comes rather than trying to sell it into a flooded market. Apartment mining is more believable, but even then power consumption is going to be an issue for them because of noise. They're also going to be vastly outnumbered (in terms of GPUs operated) by professional miners because most people don't have a few thousand dollars to drop on generating highly speculative assets.

Re: Nvidia Limits RTX 3060 Hash Rate

#157

Post by pmorici »

sandworm101 wrote: post #137
vsareto wrote: post #131

Earlier quoted context omitted.

>As soon as it stops being profitable for mining it will have zero resale value, and become e-waste. There's lots of old graphics cards no one sells or buys as well

There are, but these could be thrown put in a matter of weeks. As soon as bitcoin prices crash again, these cards are junk. By the time the next boom happens there will be a new generation of cards and these will be unprofitable. Nvidia is simply leveraging this predictable boom-bust cycle to make a quick buck selling a polluting product. This is Captain Planet-style environmental arrogance.

These cards aren’t being used to mine bitcoin gpu mining hasn’t been applicable to Bitcoin since at least 2014. These cards are being used to Ming alt coins

Re: Nvidia Limits RTX 3060 Hash Rate

#158

Post by gruez »

paulie_a wrote: post #133
gruez wrote: post #118

Earlier quoted context omitted.

>Pretty sure their obligations to any shareholders would be to limit it so more gamers can play and buy games for it. It's not really the same because playstations are sold at break-even or at a loss with the expectation that follow-up revenue would make up for it. On the other hand no such dynamic exists for nvidia. For them, sale to a miner is the same as a sale to gamer.

I thought this was long ago disproven. That at very early stages yes breakeven or small loss happens. But rapidly becomes mildly profitable per unit

Is this as a result of how the r&d expenses are deducted against revenue, or manufacturing process improvements?

Re: Nvidia Limits RTX 3060 Hash Rate

#159

Post by sandworm101 »

pmorici wrote: post #157
sandworm101 wrote: post #137

Earlier quoted context omitted.

There are, but these could be thrown put in a matter of weeks. As soon as bitcoin prices crash again, these cards are junk. By the time the next boom happens there will be a new generation of cards and these will be unprofitable. Nvidia is simply leveraging this predictable boom-bust cycle to make a quick buck selling a polluting product. This is Captain Planet-style environmental arrogance.

These cards aren’t being used to mine bitcoin gpu mining hasn’t been applicable to Bitcoin since at least 2014. These cards are being used to Ming alt coins

Whatever the coin, it is all the same crypto market. The crash will come one day soon and these cards will be in dumpsters.

Re: Nvidia Limits RTX 3060 Hash Rate

#160

Post by roblabla »

SXX wrote: post #155
altcognito wrote: post #94

Earlier quoted context omitted.

Isn’t it just so mysterious how they have all these supply problems? I wonder why they can’t seem to manufacture products! In all reality, what they are doing is totally normal, I just wish they wouldn’t lie about it.

How do you think they can lie as public company? Literally everyone is bottlenecked by TSMC right now.

Nvidia isn't using TSMC for any of their current products, they're using Samsung. They may switch to TSMC for their more high-end cards, but I don't think that is the case right now.
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