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Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says

arstechnica.com

31–40 of 264 posts

Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says

#31
post #28

World really needs a ban on PoW cryptocurrencies. I guess on one side lot of people is not caring about it as long as they make some money of it, and in the other side maybe other people in power, is not caring as that would make a perfect excuse to ban any kind of cryptocurrency. I guess too we all will care as soon as the devastation caused by the climate change becomes a massive life threatening issue.

Or a carbon tax and solve the problem at source.

Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says

#32

Earlier quoted context omitted.

fwiw I've used nvidia drivers through DKMS for a long time and never really had any issues with it.

I'm afraid it isn't worth much, considering how many times a Linux Desktop user has told me "I haven't really had any problems with it" about something that ended up giving me no end of problems.

The problems of an even more infinite configuration space than what Windows offers...

Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says

#33
post #29

Earlier quoted context omitted.

The RX 6500 XT is a worse card than the RX480 released 5 years ago https://i.redd.it/oyxyoxmch2a81.jpg .

That picture is misleading. It doesn't show that the 6500 has >2x the clock speed and lower power requirements. 2x the clock speed is crazy.

2x the clock speed is a combination of design tradeoffs and Moore's Law.

Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says

#35
post #31
post #28

World really needs a ban on PoW cryptocurrencies. I guess on one side lot of people is not caring about it as long as they make some money of it, and in the other side maybe other people in power, is not caring as that would make a perfect excuse to ban any kind of cryptocurrency. I guess too we all will care as soon as the devastation caused by the climate change becomes a massive life threatening issue.

Or a carbon tax and solve the problem at source.

That’d only partially solve it: we don’t want to waste renewable power which could be going to something of value.

Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says

#36

Man, I'm glad I snuck a 1080ti purchase in a few years ago when BTC was crashing hard. Of course, being Nvidia means it'll suck if I have to transition to a Linux Desktop before the next cryptoshit market crash, but if it takes that long then they've probably managed to kill of high-end PC gaming along with the environment and I'll have bigger problems.

NVIDIA is finally opening up to Linux and working on better support in their proprietary drivers: https://www.phoronix.com/scan.php?page=news_item&px=NVIDIA-4...

Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says

#37
post #28

World really needs a ban on PoW cryptocurrencies. I guess on one side lot of people is not caring about it as long as they make some money of it, and in the other side maybe other people in power, is not caring as that would make a perfect excuse to ban any kind of cryptocurrency. I guess too we all will care as soon as the devastation caused by the climate change becomes a massive life threatening issue.

I pay for all my energy to be renewable. I don't see why my crypto mining needs to be banned.

In fact, estimates peg Bitcoin's use of renewable energy to be between 50-75%. This is a fact lost on HN, which hates crypto at all costs.

Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says

#38
post #31
post #28

World really needs a ban on PoW cryptocurrencies. I guess on one side lot of people is not caring about it as long as they make some money of it, and in the other side maybe other people in power, is not caring as that would make a perfect excuse to ban any kind of cryptocurrency. I guess too we all will care as soon as the devastation caused by the climate change becomes a massive life threatening issue.

Or a carbon tax and solve the problem at source.

any infrastructure dedicated to the mining of crypto is opportunity cost. Even if you use renewables, that energy could instead replace traditional energy sources which could be turned off.

This is an example of Jevon's paradox, namely that increases in efficiency or quality are offset by increases in demand. It's one of the reasons why we have globally barely made a dent when it comes to the increase of renewables as a total share of energy consumed despite the fact that the capacity has increased pretty much exponentially.

This is made even worse by the fact that green infrastructure itself necessarily often consumes non-green sources, in particular during construction.

Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says

#39

Man, I'm glad I snuck a 1080ti purchase in a few years ago when BTC was crashing hard. Of course, being Nvidia means it'll suck if I have to transition to a Linux Desktop before the next cryptoshit market crash, but if it takes that long then they've probably managed to kill of high-end PC gaming along with the environment and I'll have bigger problems.

Ethereum price crashing is what let you buy it. You might thinking the wrong decade but then the 1080ti didn't exist, and neither did Ethereum.

Looks like I bought it in June of 2018, and BTC was ~$6k, which was $7k down from its previous high in December of 2017. It would drop another $3k by January of 2019.

At least, that's what the first graph I found said.

Re: Radeon RX 6500 XT is bad at cryptocurrency mining on purpose, AMD says

#40
This will be an interesting experiment to see what happens when these companies spurn the customers that created the conditions for this market to exist. I hope Apple or another company is smart enough to use this opportunity to scoop up disenfranchised customers and let AMD and NVIDEA waste more time serving the Ponzi industrial complex.
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