There must have been warehouses full of unsold 8GB RX570 cards after the last mining crash, which was awesome while they were down at £130 level. So yeah, selling direct to miners I'm sure is a thing, but it looks like crypto is crashing already so pumping up the manufacturing seems unwise.Originally Posted by AC81
From watching a video earlier it seems more than Eth is hobbled by the card, but they did find things that were profitable to mine. Fingers crossed it makes enough of a difference.
Iota (05-03-2021)
Out of curiosity... any 'professional' things like vray, encoding and or davinci resolve affected from what you can remember.... it wouldn't be a shock for nvidia to do it to push users towards quadros
Pumping up the production, makes it more difficult for the miners to get some of their money back by selling the cards that they got, and can even end getting losses, especially if mining collapses... as I fail to see what value you get other than huge powerbills.There must have been warehouses full of unsold 8GB RX570 cards after the last mining crash, which was awesome while they were down at £130 level. So yeah, selling direct to miners I'm sure is a thing, but it looks like crypto is crashing already so pumping up the manufacturing seems unwise.
From watching a video earlier it seems more than Eth is hobbled by the card, but they did find things that were profitable to mine. Fingers crossed it makes enough of a difference.
Would it take much of a stretch for Nvidia to utilise those Tensor Cores for limiting mining activity on the entire chip in the future? I'm sure they could if they chose to do so.
That's the real problem, they're only limiting one crypto currency, if they were really serious they would also be targeting others as well?
Specs mostly in line with the 3090 makes me sad. 3080FE fits in my rig and I was fortunate enough to get one. This is presumably going to be the same size at the 3090.
If there's a 3080Ti FE and the mining lock works, there's a slim chance I could land one and sell my 3080 to some miner to pay for it. But I can be pretty sure it won't fit.
No I don't want a new case.
No I wouldn't do that to those of you still trying to get a 3080.
I find the 12 GB VRAM figure doubtful if only because the competition - the RX 6900 series - has 16 GB VRAM.
It was a video by "Red Panda Mining", so he wasn't bothered by doing anything useful or even fun with the card, just hash rates.
My recent reading of mining threads has been very interesting, if somewhat disturbing. I would rate the expected resale value expected by some miners of their cards firmly into "delusional" as it is. More manufacturing makes more cards to be snapped up by the miners who often seem to be taking out massive loans to pay for their 8 x 3090 rigs at scalper prices, so I don't see simply making more cards as helping the gaming community.
I have been doubtful that Nvidia's mining limiter was harsh enough, thinking it needed to drop mining rates by something like a magnitude to really work. But there do seem to be people incensed by the limiter, and saying that they will never buy another Nvidia card ever again after what they obviously see as slight and betrayal of their just cause. Sadly I suspect their greed will win out and they will purchase again, and this is just more hot air from a community which are masters of heating air
Last edited by DanceswithUnix; 06-03-2021 at 03:19 PM.
A 12GB 3080 variant is the easiest to produce - it just needs chips with all 12 memory controllers working and the PCB already has 12 positions for DRAM with only 10 currently used. The 3090 is double sided and 16GB may come in the future but needs a completely new chip.
All production will switch to the mining limiter including 3080 after a certain date - but it wont be retrospective
So the people getting FE for £649 early on did very well - its still impossible to get now and the later you buy the nearer you are to next years model.
They're not harsh enough... Certainly.
But, i wouldn't say the amount of cut is the isssue. They're limited enough to the point where they're by no means real money earners.
The issue still remains that they are only limiting Etherium.
There are dozens of other things to mine. So, if a miner can get hold of these cards, they're still likely too. After all, mining some of the other cryptocurrencys makes sence.
You don't want to have all your eggs in one basket given the volitility of cryptos
Some of the smaller currencys are likely to be worth significant amounts. A bit of a gamble yes. But who'd have predicted Etherium would pass £1.3K.
As the popularity of others rise, which they are beginning too. Limiting just etherium isn't a valid solution to keeping the cards away from miners.
Monero is up nearly $200 from 10 months ago. Zcash up $100.
Last edited by AC81; 06-03-2021 at 08:59 PM.
Hang the miners.
Hang the bots.
Hang the scalpers.
I would say hang the code out loud too, but as a former sailor it might have severe repercussions for me
The IMPORTANT question is:-
Will it also continue Nvidia's avalailability strategy?
Because if so, this card may never see the light of RGB inside someones PC!
Not from the videos I had watched, it looked like most were impacted. So that's a good start, but not enough.
The problem is you only need one thing that is profitable, and there was one already. I'm sure others will follow. Heck, when Bitcoin went ASIC only for mining part of the surge of altcoins was creating things that were hard to dominate with the power efficiency of ASICs for compute (who wants efficiency eh?). With that background, I could almost see someone creating an altcoin targetting the 3060 workload.
Redpandamining did a video where he tested the 3060 mining a number of different cryptos.
He's goes on to say in his results he thinks 3 are effected.
There's still money to be made there. These are still viable crypto mining cards. You just have to choose what to mine.
Watch from 9:40 for a bit.
https://www.youtube.com/watch?v=3QlXQyPZEME
Certainly, conflux gave him a good margin.
I read raven coin mines well on 3060 and have seen s few people with 3060s on their mining rigs
I had seen it, but had mis-interpreted the results. Have now had the time to go look at his spreadsheet, and picking over the details I can see plenty of miners buying the 3060. Perhaps with the 3080ti Nvidia will widen the scope of the crypto nerf. But if they only knocked out one crypto hash each time they release a new GPU, we will be well into the 4000 series before it has an effect.
I'm certainly not seeing shelves full of 3060 cards yet, though TBF if the crypto nerf was successful there is probably so much pent up demand from normal users that they would probably be sold out.
Yes, everyone is making out like all the shortage is due to miners, but judging from the very self-selecting Steam survey plenty of gamers have 3000 series cards so there is availability. (Radeon 6000 is less available but then it released later and is competing with consoles swallowing up so much of 7nm capacity.)
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
LinkBack URL
About LinkBacks
Reply With Quote