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Nice catch, didn't noticed the date. Strange also that cryptocurrencies aren't mentioned at all in the article, or maybe it's simply lack of research from the j
by IronBacon 8y ago
Nice catch, didn't noticed the date. Strange also that cryptocurrencies aren't mentioned at all in the article, or maybe it's simply lack of research from the journalist.
If you look around in the HW forums, the blame for current GPUs prices is strong demand from cryptocurrencies mining operations, but yeah, could also be hearsay repeating.
- distances 8y agoThe article date predates the Bitcoin spike of the end of the 2017. Furthermore, aren't cryptocurrencies more of a niche hobby than an actual growing field in the industry?
- stingraycharles 8y agoYes but it would be worth mentioning when explaining Nvidia’s surge in income rather than attributing it solely to AI/ML. But yes the article predates that.
- zrobotics 8y agoThey're a growing niche right now, and are impacting gpu availability quite strongly, but AMD/Nvidia are both quite rightly worried. If ethereum drops, or someone cracks ASIC mining (nobody mines bit coin w/ gpus anymore, but some currencies were designed with ASIC resistant algorithms) then demand could plummet overnight and literal tons of cards would show up used. Sure, ML has been a growing field, and I don't see that changing overnight, but basing a long-term business and trillion dollar fabs on crypto would be insanity. Although I wouldn't call mining a niche hobby, there are some fairly sizeable commercial operators.
- whatsstolat 8y agoJust had a great idea for NVidia: Pay per usage graphics cards. Card is cheaper but you pay a monthly fee based on usage. Gets extra revenue from the Cryptos, plus ensures a revenue base if cards become cheap again. Just because its physical doesn't mean you can't go the way of azure, aws etc.