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Unfortunately, it seems they're more than happy with the current state of things and they don't particularly care who buys their cards. They can push up the pri
by Brave-Steak 7y ago
Unfortunately, it seems they're more than happy with the current state of things and they don't particularly care who buys their cards. They can push up the price and the used market will move in lockstep because demand is so high.
- fluffything 7y agoFWIW, I think they do care, because it would be bad for them if gaming on the PC dies, since it drives a lot of innovations in graphics, and nvidia is still at heart a graphics company. However, there is little you can do when the stock of gaming oriented graphic cards disappears on day 0, and re-appears on ebay on day 1 at 4x their recommended price. This products are just very valuable to a lot of people nowadays. Nvidia could ramp up production, but production is not something that you can quickly ramp up or down. There is the fear that crypto will die, and then you end up with a lot of stock that you have to eat at a loss.
- Hamuko 7y ago>FWIW, I think they do care, because it would be bad for them if gaming on the PC dies, since it drives a lot of innovations in graphics, and nvidia is still at heart a graphics company. And because cryptomining is volatile as hell.
- fluffything 7y agoMore than volatile, at some point, using GPUs is just not worth it for cryptomining. Honestly, I think that once they discovered the issue, and decided what to do about it, then the ROI on mining bitcoin was already fading and people were migrating to FPGAs, so maybe they thought "things will get back to normal on its own". Turns out, the number of cryptocurrencies exploded, and many of them are worth mining. Also, every time the ROI on mining one disappears, a new cryptocurrency appears. Maybe they are just still waiting for either this problem to fix itself, by slowly ramping up production, but nothing too steep.