File this under the massive rumour years worth of salt deliveries but limiting the hash rate of ETH may have limited utility if one of the devs of ETH is anything to go by (via reddit).
Ethereum developers are signaling that mining will be turning off by EOY 2021, when Ethereum moves fully to proof-of-stake.
So - gamers get cards that they can't use for mining on the side, and Nvidia can focus production on mining cards that can be priced according to the current coin prices, assuring nvidia of an ever increasing profit margin. Did I get that right?
I'm sure there will be things accidentally nerfed, but driver updates should fix that.
I notice Overclockers always have 2060 cards in stock at a price that even in the current climate no-one seems prepared to spend
It isn't a rumour, it is just the timescale has been slipping for years. There are still people trying to resist the switch to PoS to the point that there was a hard fork of Etherium last week to try and block Eth 2.0 from happening. I suspect that fork will fizzle and die like it deserves to, but the fact people are trying these stunts shows what a greed fest this stuff is based around.
The main problem is that there are other proof of work schemes, so things like Raven are quite mineable unless Nvidia are targeting them also in the next batch of cards.
Why would they want to damage their main and currently best market that is willing to pay double the price though for their CPUS`?
Old puter - still good enuff till I save some pennies!
I saw some for "only" £450 IIRC!
https://www.youtube.com/watch?v=xXN3Oe5FdRQ
Demand is up,so that tell me you are correct,its mining making things much worse.
For sure and i didn't mean to suggest it's not mining that's causing the problem, it was just IMO your average Jo Blogs probably doesn't understand that Nvidia/AMD can't just increase supply at the drop of a hat, some may even just see 'new GPU' costing 2-3x more than last time they looked and think that AMD/Nvidia are taking the widdle for the increases in MSRP.
That's fair enough. Just that the "rightly or wrongly" bit of your post made it sound like there is some debate here.
I've seen some pretty extreme views. Someone on the Overclockers forum even went as far as saying how bad it was that companies were using graphics cards for building new PCs rather than just selling them boxed, depriving miners the ability to scoop them all up. I shan't try and find it to link, as it will just make me angry all over again.
Yea, no, i only said rightly or wrongly because having had experience with customer complaints (long time ago) most customers really don't care who's to blame beyond the name on the tin, they just want you (AMD/Nvidia in this case) to sort it out.
They won't be - they will be making mining cards for that market priced accordingly, just like they make pro cards for business market, and compute cards for the super computer market. They want to control their markets however, so if they are making gaming cards they want them sold for gaming, or they risk loosing the gaming market.
I wonder if, more than controlling the price, they want to avoid a flood of millions of second hand cards hitting the market once the bubble bursts. OFC the alternative could be those cards hitting landfill, which is pretty awful. I would hope they end up going cheap to the likes of postgrad researchers to build cheap computational rigs.
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