Bitcoin mining company boasts $30 million spend on Nvidia CMP GPUs

[Lone Wolf]

https://www.pcgamer.com/uk/bitcoin-mining-company-boasts-dollar30-million-spend-on-nvidia-cmp-gpus/


That's at least 18,000 graphics cards in one single order, for a total of 1,600 Gigahash of mining power.

pc gamer link is clean.

[r.linder]

Not a good sign for gamers at all, because CMP GPUs are using components like silicon that are already in short supply.

Don't fall for NVIDIA's BS, they're causing price increases on purpose to make profit, since they know people will relent and buy GPUs at a marked up value.

[Lone Wolf]

Opprinnelig skrevet av Escorve:

Not a good sign for gamers at all, because CMP GPUs are using components like silicon that are already in short supply.

Don't fall for NVIDIA's BS, they're causing price increases on purpose to make profit, since they know people will relent and buy GPUs at a marked up value.

Reading some the news posts on that site there one saying,


Nvidia's boosting supply of the GTX 1650 for gaming PCs. Lucky us

duno if thats some joke lol.

[r.linder]

Opprinnelig skrevet av gunsmoke999:

Opprinnelig skrevet av Escorve:

Not a good sign for gamers at all, because CMP GPUs are using components like silicon that are already in short supply.

Don't fall for NVIDIA's BS, they're causing price increases on purpose to make profit, since they know people will relent and buy GPUs at a marked up value.

Reading some the news posts on that site there one saying,


Nvidia's boosting supply of the GTX 1650 for gaming PCs. Lucky us

duno if thats some joke lol.

It's more BS and a waste of silicon. There's ulterior motives behind it all.

[Illusion of Progress]

It amazes me that people actually think mining is only a very small impact on what's going on with GPU prices. No, it's not the only thing, but because there was already a shortage, it gets excused as just a small impact. At this point it is THE major thing going on IMO (with bot buying). Let's just ignore the fact it happened before, plus the whole lockdowns started around a year ago, but pricing had a huge upward trend (atop already high prices) since early this year. But nothing to see here, folks.

Opprinnelig skrevet av Escorve:

It's more BS and a waste of silicon. There's ulterior motives behind it all.

And the unfortunate part of is, even if nVidia makes more money doing it this way, gaming as a whole would become a smaller market, because those who can't afford it simply get priced out of it. That, or gaming requirements (and what envelopes they can push), stagnates (and high end cards become even less needed). Likely some combination if they keeps up long term.

[plat]

What irks me is that this info doesn't change anything for us non-miners, it rubs salt in the wound because we gaming consumers are seemingly no closer to getting our fair crack at new gpus. It's still off in some nebulous distance.

Yet NVIDIA is wasting no time fulfilling this huge mining order, to be starting May 2021 the article says. Thanks a lot NVIDIA, your priorities and loyalties are messed up for sure.

Edit to correct a factual error.

[emoticorpse]

Opprinnelig skrevet av plat:

What irks me is that this info doesn't change anything for us non-miners, it rubs salt in the wound because we gaming consumers are seemingly no closer to getting our fair crack at new gpus. It's still off in some nebulous distance.

Yet NVIDIA is wasting no time fulfilling this huge mining order, to be starting May 2021 the article says. Thanks a lot NVIDIA, your priorities and loyalties are messed up for sure.

Edit to correct a factual error.

Nvidia didn't tell everybody to wait to upgrade cards as soon as cryptomining took off. That was everyone on here. They tried to sell them and nobody was buying apparently.

[iceman1980]

Cryptocurrency is in the realm of stupidity now.

[Rumpelcrutchskin]

There goes the planet even faster now.

[Vulkan]

Pure ♥♥♥♥♥♥♥ greed is what it all boils down to. Going to be nothing left for future generations because of theses parasites

[JohnMars78]

Remember that message nVidia sent to Hardware Unboxed, in which they were placing themselves on the gamer's side and saying how important the real-time ray tracing is blah-blah?
There goes that.

Opprinnelig skrevet av emoticorpse:

They tried to sell them and nobody was buying apparently.

Say what ???

[iceman1980]

Opprinnelig skrevet av JohnMars78:

Remember that message nVidia sent to Hardware Unboxed, in which they were placing themselves on the gamer's side and saying how important the real-time ray tracing is blah-blah?
There goes that.

Opprinnelig skrevet av emoticorpse:

They tried to sell them and nobody was buying apparently.

Say what ???

At least the cryptominers can't buy these when they scale up.

https://spectrum.ieee.org/tech-talk/computing/hardware/new-superconductor-microprocessor-yields-a-substantial-boost-in-efficiency

Yeah you read that right 10Ghz CPUs are coming RIP cryptocurrencys security.

[Carlsberg]

Opprinnelig skrevet av Escorve:

Not a good sign for gamers at all, because CMP GPUs are using components like silicon that are already in short supply.

Don't fall for NVIDIA's BS, they're causing price increases on purpose to make profit, since they know people will relent and buy GPUs at a marked up value.

It could backfire on them if software houses focus on current gpu's and hardware. No point in producing software to run on hardware that is not available. They too need to make an income and if they don't drive the hardware market then the hardware will stay still.

[iceman1980]

Opprinnelig skrevet av Carlsberg:

Opprinnelig skrevet av Escorve:

Not a good sign for gamers at all, because CMP GPUs are using components like silicon that are already in short supply.

Don't fall for NVIDIA's BS, they're causing price increases on purpose to make profit, since they know people will relent and buy GPUs at a marked up value.

It could backfire on them if software houses focus on current gpu's and hardware. No point in producing software to run on hardware that is not available. They too need to make an income and if they don't drive the hardware market then the hardware will stay still.

The advances they've made in raytracing really didn't have much of an earth shattering result

[Illusion of Progress]

Opprinnelig skrevet av Carlsberg:

It could backfire on them if software houses focus on current gpu's and hardware. No point in producing software to run on hardware that is not available. They too need to make an income and if they don't drive the hardware market then the hardware will stay still.

Yep, that's what I've thinking about this too.

[carl]

I was under the impression that developers of the latest AAA games have console first in mind where the current generation of consoles has ray tracing capabilities.

I also hear it theorised that since consoles use AMD hardware it should benefit AMD more than Nvidia GPUs but I have yet to see that materialise.