311–320 of 520 posts
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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.
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> 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. Like literally every other piece of Bitcoin or crypto mining technology. It’s straight to the landfill every 6 months. Bitcoin generates 100 GRAMS of ewaste for every transaction. Every 2 transactions consumes as much energy as driving a Tesla from SF to NY [edit for…
I checked your numbers against [0]. Road distance NY -> SF = 2900 miles [1]. Model S mileage is 290Wh/mi [2]. That is 840kW for Tesla against 657kW for a single transaction. This is all order-of-magnitude stuff but... wow. [0] https://digiconomist.net/bitcoin-energy-consumption/ [1] https://www.google.com/search?hl=en&q=road%20distance%20san%... [2] https://www.zeviecars.com/browse-cars/tesla-model-s
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No one mines bitcoin on GPU's anymore, since 8? years.
[citation needed]
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well, it's fundamental for my business, GPU overpriced can affect people's life.
I just want to upgrade my 9 year old pc. I’m not looking forward to spending $400 for what should cost $170
We often have used GPU's for around the price range you're looking for. They won't be fantastic, but probably an upgrade for a 9 year old machine.
Edit: I should also add, a lot of the really small scale shops also don't list 100% of their inventory online, with the benefit that it doesn't get scalped up like everything else.
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Not trying to pick on your comment but I'm always frustrated when someone points out "obligations to shareholders". I wish people would push back on this more. Sony's obligation when building and selling the PlayStation is to the end user customer. Not the shareholder. Because if Sony has only the shareholder in mind then a gaming console is probably the wrong market to be in from a pure profit perspective. Sony's ob…
I read this "Motives that are very short term profit driven." everywhere but never came to an explanation why that would be the case (something above anecdotal level). In my understanding DCF is just the natural way to put it. Maybe the discounting rate can depend a bit on the shareholder, but in large the investment horizon of most players should be quite far, given the current "risk-free" return.
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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.
> TSMC's 7 nm FinFET process for A100
> Custom version of Samsung's 8nm process (8N) for the GeForce 30 series[8]
That is, NVIDIA is using both, TSMC and Samsung. Both are probably maxed out.
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Here's a source: > According to Bryan Del Rizzo, director of global PR for GeForce, more things are working behind the driver. > According to Mr. Del Rizzo: "It's not just a driver thing. There is a secure handshake between the driver, the RTX 3060 silicon, and the BIOS (firmware) that prevents removal of the hash rate limiter." https://www.techpowerup.com/278712/nvidia-geforce-rtx-3060-a...
They must be using an eFUSE to differentiate between a gamer and miner GPU , would not make sense to have differing SKU's.
Mining cards could still produce a display output with Looking Glass style software.
Gaming cards could still mine using modded drivers and firmware or a change in mining algorithm.
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.
Imagine the PlayStation was able to be used to mine crypto. Game developers depend on gamers to actually play their games, what would you have Sony do? Encourage it or do nothing? Pretty sure their obligations to any shareholders would be to limit it so more gamers can play and buy games for it.
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Thanks. There should be such a comment every time someone mentions “but they have to maximise profit” and “think of the shareholder”. This point of view is not rooted in any law or legal principle and is just the Wall Street version of “might makes right”.
Of course it is rooted in law, natural law. Imagine a company makes a decent profit and then decides its goal is not to make so much profit anymore? What do you think would happen? I would vouch for Parkinsons Law kicking in instantly. This would just end up in a waste of resources and misery overall
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> 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. Like literally every other piece of Bitcoin or crypto mining technology. It’s straight to the landfill every 6 months. Bitcoin generates 100 GRAMS of ewaste for every transaction. Every 2 transactions consumes as much energy as driving a Tesla from SF to NY [edit for…
I checked your numbers against [0]. Road distance NY -> SF = 2900 miles [1]. Model S mileage is 290Wh/mi [2]. That is 840kW for Tesla against 657kW for a single transaction. This is all order-of-magnitude stuff but... wow. [0] https://digiconomist.net/bitcoin-energy-consumption/ [1] https://www.google.com/search?hl=en&q=road%20distance%20san%... [2] https://www.zeviecars.com/browse-cars/tesla-model-s