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Nvidia is crowned the smartest company in the world right now (NVIDIA)

Discussion in 'Hardware Components and Aftermarket Upgrades' started by Dr. AMK, Jul 4, 2017.

  1. Dr. AMK

    Dr. AMK The Strategist

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    They will not do anything to stop the miners, you will be surprised when you discover who is behind all of this cryptocurrency madness. Just wait and see.
     
  2. Papusan

    Papusan BGABOOKS = That sucks!! STAHP! Dont buy FILTH...

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    From my earlier posts...
    Maybe we can see increased prices (+ empty shelves) on next gen processors as well due the crypto-currency mining craze? All we get from this is Overpriced, Gpu, Cpu, Memory and ssd's from this mess...

    After GPUs, CPUs May Become The Next Go-To Hardware For Use in Cryptomining – AMD Ryzen Threadripper CPUs Can Pay For Themselves in Under a Year


    "With the provided insight, what AMD is saying is that with home mining on a Ryzen Threadripper, you can earn almost $90 US per month through the NiceHash platform and given the current price of the chip and electricity cost, you can pay for the chip in less than a year."

    And of course, Samsung want it's share...
    Samsung Enters Volume Production of a Killer Crypto-mining ASIC
    "One of the world's largest SoC, DRAM, and NAND flash makers, with its own semiconductor fabs, Samsung, is eyeing itself a large slice of the crypto-currency mining craze. The company reportedly entered volume production of a highly efficient crypto-currency mining ASIC, for an unnamed client from China. The client has placed a gargantuan order for crypto-coin mining ASICs contract-manufactured by Samsung, which appears to be targeted at Bitcoin, for now."

    IT WILL BE WORSE BEFORE IT WILL BE BETTER!!
     
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  3. hmscott

    hmscott Notebook Nobel Laureate

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    Actually the Threadripper performance might bring a new generation of dedicated mining hardware, with dozens of ThreadRipper CPU's slaved to mining through a FEP (front end processor).

    It would be cheaper, and easier to modify to new algorithm's, and if done right with VM's running dedicated to each CPU, it could be used for other actually useful purposes.

    And, the ThreadRipper CPU array's with VM miners might even be profitable to run when mining operations are charged 10x-20x more for their "wastage" power usage by the newly enlightened power companies.
     
    Last edited: Feb 9, 2018
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  4. Papusan

    Papusan BGABOOKS = That sucks!! STAHP! Dont buy FILTH...

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    Is It Safe to Buy Used GPUs From Cryptocurrency Miners?-Howtogeek.com
    [​IMG]

    That being said, if cryptocurrency markets continue to bust as they have in the early part of this year, there are going to be some really fantastic deals to be had for anyone looking for a new GPU. It’s possible that the secondary market could get so flooded that even new cards go under their recommended retail prices for the first time in a long time. After a bleak few months of hardware shortages, it’ll be a welcome change for PC gamers everywhere.
     
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  5. hmscott

    hmscott Notebook Nobel Laureate

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    I'd recommend leaving the miners sit on their "used" GPU's, and no gamer should buy them at anything more than 1/10 original MSRP.

    There needs to be a ground swell of awareness in the gaming community to not support mining in any way.

    It's them or us, really they only care about the money, so do your part by not giving them your money. They'll just waste it on spinning more imaginary gold. :)

    If you do buy a GPU from a miner, give them a copy of this book, maybe they will read it and wake up:

    Extraordinary Popular Delusions and The Madness of Crowds: All Volumes - Complete and Unabridged Paperback – Unabridged, November 1, 2016
    by Charles Mackay (Author)
    https://www.amazon.com/Extraordinary-Popular-Delusions-Madness-Crowds/dp/1539849589

    "Charles MacKay's groundbreaking examination of a staggering variety of popular delusions, crazes and mass follies is presented here in full with no abridgements. "

    "The text concentrates on a wide variety of phenomena which had occurred over the centuries prior to this book's publication in 1841. Mackay begins by examining various economic bubbles, such as the infamous Tulipomania - wherein Dutch tulips rocketed in value amid claims they could be substituted for actual currency - and various follies spread by word of mouth in urban areas.

    As we progress further, the scope of the book broadens into several more exotic fields of mass self-deception. Mackay turns his attention to the witch hunts of the 17th and 18th centuries, the practice of alchemy, the phenomena of haunted houses, the vast and varied practices of fortune telling and the search for the philosopher's stone, to name but a handful of subjects. Informed by personal research, and exhaustive in detail, it is with an evocative conviction that the author excoriates mankind's numerous delusions.

    Further examples of topics in this lengthy book include various claims concerning old relics and artefacts, often involving such items being said to possess religious significance. Mackay saves particular scorn for popular romanticism surrounding the lives of certain criminal scoundrels, whereby said wrongdoers are thought virtuous in popular society; he also notes the marked emergence of quack medicine concurrent with meaningful advances in medical science. The acceptance into society of these phenomena is considered but another facet of the human crowd's inherent madness, feeding into the central thesis of this book.

    Charles Mackay was a journalist used to writing for a popular audience; as such, his book is highly readable and accessible even today. Despite his dogged research and dislike of various delusions, Mackay was not himself immune to participating in them himself; he was involved in the 1840s Railway Mania, and supplemented his interest with newspaper columns in which he assured readers that there was no danger of the railway market crashing.

    Today, Extraordinary Popular Delusions and The Madness of Crowds is distinguished as an expansive, well-researched and somewhat eccentric work of social history."
     
    Last edited: Feb 9, 2018
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  6. Papusan

    Papusan BGABOOKS = That sucks!! STAHP! Dont buy FILTH...

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    I would really like that the market could get so flooded of "very cheap" graphics that it has to force AMD/Nvidia to re-thinking their price and how they want sell it policy. Hit them where it feeels best. Greed must be stopped. If we pay the miners <low> prices and buy their used graphics, this will hit Nvidia/Amd. Run and buy if prices sink as a stone. Aka miners selll due no profit. And Nvidia/Amd have none or less buyers who want their new products:)
     
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  7. hmscott

    hmscott Notebook Nobel Laureate

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    Yeah, but it wouldn't teach anything to the most important group, the miners causing the negative effects to society, the economy, and the world in general.

    Sure Nvidia could charge lower prices, they aren't hurting for money, giving back to the gamers that built it's core value Nvidia would be giving a big thank you to gamers. Even if Nvidia just started charging what AMD charges for the same performance that would be nice.

    AMD released the RX580 4GB at $199, and that's really all anyone needs to game at 1080p at usable frame rates.

    Could AMD sell that RX480 for $100? I don't know what the BOM costs are, but I'm sure AMD has some additional engineering and general sunk costs to cover. Plus AMD GPU department needs building up like Nvidia has been able to do over the last 20 years.

    I'd say don't buy any mining GPU's, but there are people that could use a gaming capable GPU for $25 - $50, so I'd say that's the max gamers should pay for a dried up sucked out 24/7 eviscerated used GPU, like those miners are offering on the used market.

    Generally miners run them till they are just dried up husks, ready to drop and have zero value left for them, which really is next to zero value to a gamer.

    So again, 1/10 MSRP should be the most we pay for a discarded GPU from a mining operation.
     
    Last edited: Feb 9, 2018
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  8. Papusan

    Papusan BGABOOKS = That sucks!! STAHP! Dont buy FILTH...

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    I know. But it wouldn't push a finger into Nvidia/Amd's asss. They will continue push out tech for highest possible $$$. And we are back to stage 1. No changes, maybe worse. Miners don't want buy anymore due no profit. You who want new graphics will still have to pay maximum prices.
     
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  9. hmscott

    hmscott Notebook Nobel Laureate

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    Nah, you need to re-read what I wrote.

    Making GPU's for miners that work for gaming and mining, and make GPU's for gamers that don't work for mining. It's an easy firmware lock-up that Nvidia is so good at doing.

    Used GPU's from the current wastage by mining need to sit and gather dust, with no value to recoup - as they are worthless to gamers as reliable GPU's. $25-$50 maybe for those in need.

    Otherwise the rest of us that can afford to buy the new gaming GPU's at a strictly maintained MSRP will help keep Nvidia's core business intact.

    The miner's can get their "special firmware" mining capable GPU's at 2x MSRP of the gaming GPU versions - which won't be usable for mining.

    Nvidia has already said that they won't support consumer GPU's in datacenter compute farms, so maybe that can be enforced in firmware as well.

    Nvidia charges for professional GPU's with features not available in the gaming GPU's, it's time for Nvidia to make GPU's that work for mining and gaming, and GPU's that don't work for mining at all and only work for gaming.
     
    Last edited: Feb 9, 2018
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  10. Papusan

    Papusan BGABOOKS = That sucks!! STAHP! Dont buy FILTH...

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    Will never happen. They will instead ramp up the production before they go to this step. More money is better than less money. Whatever they do... The gamers will have to pay for play.
    If people get their hands on cheap graphics. They will buy. That's for sure.
     
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