Nvidia Limits RTX 3060 Hash Rate • Hacker News Board

Re: Nvidia Limits RTX 3060 Hash Rate

#211

Post by kortex » Sun, Feb 21, 2021, 4:05 PM UTC

ryebit wrote: post #196

galangalalgol wrote: post #179

Earlier quoted context omitted.

How long until gpgpu isn't cost effective for mining? I know a lot of fpgas went on ebay for cheap when the new xilinx line came out. The watt per hash has to be lower for fpgas already. Will the cost of a coin always reflect the current price to make a new one and thus gpgpu will always be a cost effective technique?

I think right now biggest earner for GPU mining is Ethereum. And (I think) it's aiming to move to Proof of Stake sometime in next 12-24 months, which kinda time limits the utility of both Eth-specific mining chips, and large investments in GPU mining (unless mining burns GPUs out really fast?). Regardless, most proof of work algorithms are already being optimized with ASICs (ala bitcoin)... Or, like Ethereum's ETHASH…

Proof of stake is the fusion power of crypto. It's been 6-24 months away since what, 2016? I toured Consensys a few years back and at the time it seemed PoS was right around the corner.

OTOH, it could be cracked tomorrow and value of dedicated silicon will go off a cliff. So I don't blame the GPGPU crowd for that, before even considering the engineering challenges of silicon/FPGA for eth.

Re: Nvidia Limits RTX 3060 Hash Rate

#212

Post by thgaway17 » Sun, Feb 21, 2021, 4:05 PM UTC

social_quotient wrote: post #169

pornel wrote: post #4

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.

Yeah, imagine if this applied to trucks. No one could use one for non truck bed usage. Ford disables ignition if it detects the bed is empty after X concurrent uses or miles. Trucks generally are often wasted (from a green perspective) because people like them not for their intended design utility. Same for single passenger SUV usage etc... (I drive an SUV - not trolling those that do)

Yeah it would suck, but if Ford F150s were selling for $100,000 because drag racers were buying them up, I don’t think I’d mind.

Re: Nvidia Limits RTX 3060 Hash Rate

#213

Post by LMYahooTFY » Sun, Feb 21, 2021, 4:06 PM UTC

sandworm101 wrote: post #159

pmorici wrote: post #157

Earlier quoted context omitted.

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.

This comment doesn't even make sense.

What does "the same crypto market" mean?

Re: Nvidia Limits RTX 3060 Hash Rate

#214

Post by ChuckNorris89 » Sun, Feb 21, 2021, 4:07 PM UTC

chrisseaton wrote: post #204

ChuckNorris89 wrote: post #200

Earlier quoted context omitted.

Yeah but that's just spending money, not investing.

Well so what? I said people did it as a hobby. They see it as 'investing' like Fantasy Football people are 'playing football'. It's not some mystery!

You clearly have a very deep understanding of finance.

Re: Nvidia Limits RTX 3060 Hash Rate

#215

Post by gsich » Sun, Feb 21, 2021, 4:07 PM UTC

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.

With ETH you underclock core and overclock memory. Core will lead to vastly lower power consumption, while still maintaining hashrate.

Re: Nvidia Limits RTX 3060 Hash Rate

#216

Post by ryebit » Sun, Feb 21, 2021, 4:08 PM UTC

galangalalgol wrote: post #202

ryebit wrote: post #196

Earlier quoted context omitted.

I think right now biggest earner for GPU mining is Ethereum. And (I think) it's aiming to move to Proof of Stake sometime in next 12-24 months, which kinda time limits the utility of both Eth-specific mining chips, and large investments in GPU mining (unless mining burns GPUs out really fast?). Regardless, most proof of work algorithms are already being optimized with ASICs (ala bitcoin)... Or, like Ethereum's ETHASH…

So nvidia is releasing a line of crippled cards that will mostly only be used for one year amd then trashed? That is horrible! Glad it may be over soon I guess.

Pretty much, from what I can tell!

I sorta see this as Nvidia trying to create some market segmentation not for the miners, but so gamers can actually get their cards before Nvidia loses mindshare. (Not that I think that's likely)

Re: Nvidia Limits RTX 3060 Hash Rate

#217

Post by dahart » Sun, Feb 21, 2021, 4:08 PM UTC

Sholmesy wrote: post #153

Retric wrote: post #130

Earlier quoted context omitted.

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

Where is your understanding coming from? There is no such thing as pushing cards “far harder, at higher temps” than when mining or doing other compute tasks that run the GPU at 100%. Failure rates land squarely on the side of higher temps, and the reasons are well understood https://electronics.stackexchange.com/questions/444474/can-i...

You might be thinking of spinning disk drives rather than GPUs. A lot of people suggest that leaving an HDD powered up and spinning is better than spinning up and down frequently, due to the temperature going up and down a lot and the added wear on this mechanical device. This is completely different from a GPU though.

Re: Nvidia Limits RTX 3060 Hash Rate

#218

Post by ezoe » Sun, Feb 21, 2021, 4:10 PM UTC

pornel wrote: post #4

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.

Yes. I am using Nvidia GPU even though I know it's so non-free, so unfriendly to the point Linus gave the middle finger and all. But I thought it's okay since I were to use it for proprietary video games anyway. But I have never thought they are this evil. With this move, Nvidia products are forever included in my boycott list.

Re: Nvidia Limits RTX 3060 Hash Rate

#219

Post by gruez » Sun, Feb 21, 2021, 4:11 PM UTC

thgaway17 wrote: post #212

social_quotient wrote: post #169

Earlier quoted context omitted.

Yeah, imagine if this applied to trucks. No one could use one for non truck bed usage. Ford disables ignition if it detects the bed is empty after X concurrent uses or miles. Trucks generally are often wasted (from a green perspective) because people like them not for their intended design utility. Same for single passenger SUV usage etc... (I drive an SUV - not trolling those that do)

Yeah it would suck, but if Ford F150s were selling for $100,000 because drag racers were buying them up, I don’t think I’d mind.

That's not exactly the same because vehicles are essential for everyday life (commuting), whereas GPUs aren't.

Re: Nvidia Limits RTX 3060 Hash Rate

#220

Post by gsich » Sun, Feb 21, 2021, 4:11 PM UTC

chrisseaton wrote: post #206

gsich wrote: post #205

Earlier quoted context omitted.

So I need two machines to used this GPU? Thats even worse. I know some trickery with an onboard CPU maybe works and thought you meant that.

> So I need two machines to used this GPU? No? Why would they need to be in different machines? You can stream from one GPU to another, whether they're in the same machine or not. One GPU may be a cheap little one built into your motherboard. You probably already have it anyway! And even if you did need two machines... again that's how gaming streaming services work. Cheap end-user machines or iPad or just TV, and th…

>No? Why would they need to be in different machines? You can stream from one GPU to another, whether they're in the same machine or not. One GPU may be a cheap little one built into your motherboard. You probably already have it anyway!

Thats not really called "streaming". So given that somewhere in this thread there was a youtube link on how to do that, which required testmode in Windows - it's still not practical.