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Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half

blogs.nvidia.com

31–40 of 762 posts

Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half

#31
post #5

It's a real shame that companies think that they should be the ones dictating how you use a piece of hardware you bought from them. It's a further shame that they would artificially hinder their hardware for such purposes. I will avoid nvidia in the future as a result of this sort of attitude, and I don't even mine cryptocurrency. I have no dog in this race other than a philosophical one.

Support working hardware in the future (AMD)

Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half

#34
post #28
post #15

Gamers hate miners, they're driving the price up, make hardware impossible to get ect ... It's a really problematic situation. Almost 6 month after launching new graphic cards from AMD / NVIDIA good luck gettting an RTX 30xx or 6800. On a side note all those virtual currency are just plain wrong on the environment side, it does not make any sense in 2021 to have a currency that need heavy computation thus increasing…

I don't quite get why everyone seems to get onto the environment train with crypto but seem to have had no issues with gold

That's a false dichotomy.

Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half

#36
post #28
post #15

Gamers hate miners, they're driving the price up, make hardware impossible to get ect ... It's a really problematic situation. Almost 6 month after launching new graphic cards from AMD / NVIDIA good luck gettting an RTX 30xx or 6800. On a side note all those virtual currency are just plain wrong on the environment side, it does not make any sense in 2021 to have a currency that need heavy computation thus increasing…

I don't quite get why everyone seems to get onto the environment train with crypto but seem to have had no issues with gold

Because we don't have any alternative to gold.

Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half

#37
I hate that I wasn't able to get a 30x series because miners grabbed them. I hate that my preorder was canceled by the supplier on the day it was supposed to ship, just because a farm had a better price.

But guess what Nvidia? I no longer want your products. As much as I may dislike the fact crypto is affecting gaming (rendering, machine learning...) I can't help but ask: Who in the holy F are you to tell me what to do with my product?

I take it back actually, I'll buy one to use instead of toilet paper. Fix THAT with a bios update.

Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half

#39
post #15

Gamers hate miners, they're driving the price up, make hardware impossible to get ect ... It's a really problematic situation. Almost 6 month after launching new graphic cards from AMD / NVIDIA good luck gettting an RTX 30xx or 6800. On a side note all those virtual currency are just plain wrong on the environment side, it does not make any sense in 2021 to have a currency that need heavy computation thus increasing…

We did think about it but wanted both the simplest possible consensus model and the widest possible distribution of coins, which led us to Proof of Work (geared to lower-power ASICs) and fixed block reward. Proof of Stake is much more complicated, is subjective, and doesn't provide for coin distribution.

Re: Nvidia announces mining GPUs, cuts the hash rate of RTX-3060 in half

#40
post #17
post #5

It's a real shame that companies think that they should be the ones dictating how you use a piece of hardware you bought from them. It's a further shame that they would artificially hinder their hardware for such purposes. I will avoid nvidia in the future as a result of this sort of attitude, and I don't even mine cryptocurrency. I have no dog in this race other than a philosophical one.

Nvidia is in a "tough" spot. If they increased GPU prices to take advantage of miner demand, they could be rich but lose the gaming segment. If they keep the price accessible for gaming, then they end up dealing with scalpers and low availability which, fair or not, impacts their brand. This is really an attempt to get the miners to buy something else so they can have both market segments.

Segmentation has always left a bad taste in my mouth. I had to buy my 3090 (for gaming and video production) secondhand NIB because nvidia was playing dumb with prices.

And don't get me started on DVD region locks.

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