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It's easy to speak philosophically when you have no dog in the race. It's harder when you need a GPU for other tasks and have to pay the crypto tax.
by ComodoHacker 6y ago
It's easy to speak philosophically when you have no dog in the race. It's harder when you need a GPU for other tasks and have to pay the crypto tax.
- xtracto 6y agoNo. They (nvidia or someone else) should be building tons and tons of cards for the existing demand. I just cant understand why isnt someone salivating at such market inefficiency.
- dixego 6y agoA thought just occurred to me: is there an upper limit to how much computing power (and energy) cryptocurrency mining can reasonably use? Or could all computer hardware be repurposed to mine crypto and there would still be demand for more hardware?
- unmasked_poker 6y agoUsually the amount of crypto that can be mined in a given time frame is limited. So you could buy more hardware, but it would not be profitable.
- rrss 6y agobecause building 8nm semiconductor fabs is slightly harder than setting up a lemonade stand.
- dahart 6y agoThey did exactly that just 3 years ago when bitcoin was hot, and (when bitcoin crashed) ended up with an oversupply of GTX cards that delayed Turing sales and tanked the stock for a while. https://www.tomshardware.com/news/nvidia-cryptocurrency-earnings-1060-2060,38083.html https://www.tomshardware.com/news/nvidia-cryptocurrency-earn...
- Nullabillity 6y agoDoesn't really make sense to blame Turing's sales on this when it was also a pretty bad generation in general (price hikes, poor performance, RTX gimmick turned out to be a flop).
- sneak 6y agoThere is no "crypto tax", just supply and demand. I recently bought a NIB 3090 (secondhand, because nvidia are in denial of reality apparently) for gaming and video production.