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By the time you actually get those products on the shelves, Ethereum will either be on Proof of Stake, in an ice age, or less valuable than now. And thus the G

By the time you actually get those products on the shelves, Ethereum will either be on Proof of Stake, in an ice age, or less valuable than now. And thus the GPU shortage will end. In 1-2 years we might see 5nm GPUs, and so the gulf between a 14nm GPU and the latest GPU (even if you can't find them on shelves) will be even greater. Its more realistic for GlobalFoundries to consider opening a new factory with 10nm/7nm, especially if they can pickup established knowledge and hardware from other players.

rini17 5y ago
I doubt it's so simple, there are many other profitable coins to mine.
screye 5y ago
Computer gaming moves in console generations. The PS5/new XBox are targeting a ~5 year generation. This means that games will be mostly playable as long as you get a top of the line 14nm GPU for 5 more years. Remember that graphics have stopped being a bottle neck for games for a few years now. The top played games: Fortnite, Apex, LoL, Dota, Fifa and the like are perfectly playable on mediocre graphics.
- nradov 5y ago
  Nethack also runs pretty well on old GPUs. I consistently get >60fps even on integrated graphics.
  - dcow 5y ago
    Are you sure your terminal emulator is rendering that quickly? d= e.g. iTerm2 caps at 30fps unless you change the default.
    - stainforth 5y ago
      The more important question is does it register key release events
      - dragontamer 5y ago
        Lol. Nethack is designed for the Unix console. All commands are key-down only. But you had me going for a second. Nethack is also turn-based, so there's no real-time element at all. If you come across a difficult turn, its a common "strategy" to walk away from the computer, relax a bit, and then look at the screen with a different mindset. Maybe you can think of a better solution if you give yourself time.
  - B1FF_PSUVM 5y ago
    Big deal. I was getting that on a VT-220 terminal connected with RS-232.
    - jfrunyon 5y ago
      The VT-220 appears from quick Googling to max out at 19200 baud, or < 2 full screen (80x24) "draws" per second. ;) (Although I assume nethack is more clever than just "re-send the whole screen for every change".)
      - B1FF_PSUVM 5y ago
        Hey, but the frames are redrawn at AC line frequency. No one said anything about the data changing ... (and yeah, I believe it only sent data for the delta.)
- pandaman 5y ago
  PS5/new Xbox are 7nm though. 14nm was the PS4 shrink/Scorpio.
- jfrunyon 5y ago
  The top played games have pretty much always been playable on mediocre hardware. Otherwise they wouldn't be top played.
jkilpatr 5y ago
Proof of stake Ethereum is very similar to 5G, yes there is real technology, yes it's 'working' in some capacity now. But you really shouldn't plan on it reaching you any time soon. The ETH2 'beacon chain' is a meta-chain that's supposed to checkpoint a bunch of 'sub chains' for scalability. They have launched this beacon chain. But it doesn't do anything other than mint ETH2 tokens and operate their proof of stake consensus system. AKA it's another blockchain, different than ETH1 and it doesn't even move transactions yet. It's got a novel POS system to it's name, that's not nothing, but that is all it has at the moment. What does a 'sub chain' actually look like to interact with? How do you coordinate with many of them? All these questions have answers in theory, but not answers in solid production ready interoperable code. 'Proof of stake Ethereum' only happens if these questions are figured out and then ETH1 is somehow brought under the beacon chain's governance. Which is a whole different kettle of fish than a greenfield subchain. Exactly how this is to happen... well I haven't even seen anything credible on this. As far as I can tell it's not even seriously being worked on yet. So we may, if things go well, have another blockchain calling itself ETH2 that is proof of stake by the end of this year. But that won't cause ETH1 to stop wasting electricity or gracefully move it's economic activity to a proof of stake system. Moving billions of dollars of economic activity out of the hands of miners (who have every incentive to screw it up) and into the hands of a proof of stake validator set while at the same time not significantly disrupting said system or opening up new vulnerabilities is not trivial. tl;dr Proof of stake Ethereum is possible, but there definitely isn't a rush order on it. I would bet on Ethereum miners still being around 2-3 years from now.
- jensvdh 5y ago
  All the more reason for crypto environment regulations. We can't keep destroying the environment just because "miners" want to make a profit.
  - ClumsyPilot 5y ago
    I have a long laundry list of things that are destroying the envuronment just to make a profit.
simias 5y ago
At this point I really wouldn't dare making any projection on the future of cryptocurrencies. You can't rationalize irrationality. Let me remind you that currently Doge coin, a literal joke fork of LiteCoin that traded for a fraction of a cent mere months ago, is the fifth biggest cryptocurrency by market cap and is being pumped by Elon Musk for some reason. I have literally no idea what that space is going to look like one week from now.
- ClumsyPilot 5y ago
  I see it as no worse than gamestop or synthetics CDO's and some other stuff going on Wallstreet.
- lobocinza 5y ago
  Same reason as any pump.
Shorel 5y ago
My 2014 Radeon HD 6850 was recently sold for a nice profit. I don't think everyone in the world goes for only the latest and greatest. Or even have the budget to get a card more expensive than $200 USD. I am a member of a simracing league with dozens of people in South America, and only 1/4 of them have machines capable of running games launched in the last three years. Only one guy in the group has a GeForce RTX 3080. One, out of more than a hundred. Everyone else in the group will definitely welcome an affordable mid-range card. Including me.

rini17 5y ago

I doubt it's so simple, there are many other profitable coins to mine.

screye 5y ago

Computer gaming moves in console generations. The PS5/new XBox are targeting a ~5 year generation. This means that games will be mostly playable as long as you get a top of the line 14nm GPU for 5 more years. Remember that graphics have stopped being a bottle neck for games for a few years now. The top played games: Fortnite, Apex, LoL, Dota, Fifa and the like are perfectly playable on mediocre graphics.

nradov 5y ago
Nethack also runs pretty well on old GPUs. I consistently get >60fps even on integrated graphics.
- dcow 5y ago
  Are you sure your terminal emulator is rendering that quickly? d= e.g. iTerm2 caps at 30fps unless you change the default.
  - stainforth 5y ago
    The more important question is does it register key release events
    - dragontamer 5y ago
      Lol. Nethack is designed for the Unix console. All commands are key-down only. But you had me going for a second. Nethack is also turn-based, so there's no real-time element at all. If you come across a difficult turn, its a common "strategy" to walk away from the computer, relax a bit, and then look at the screen with a different mindset. Maybe you can think of a better solution if you give yourself time.
- B1FF_PSUVM 5y ago
  Big deal. I was getting that on a VT-220 terminal connected with RS-232.
  - jfrunyon 5y ago
    The VT-220 appears from quick Googling to max out at 19200 baud, or < 2 full screen (80x24) "draws" per second. ;) (Although I assume nethack is more clever than just "re-send the whole screen for every change".)
    - B1FF_PSUVM 5y ago
      Hey, but the frames are redrawn at AC line frequency. No one said anything about the data changing ... (and yeah, I believe it only sent data for the delta.)
pandaman 5y ago
PS5/new Xbox are 7nm though. 14nm was the PS4 shrink/Scorpio.
jfrunyon 5y ago
The top played games have pretty much always been playable on mediocre hardware. Otherwise they wouldn't be top played.

jkilpatr 5y ago

Proof of stake Ethereum is very similar to 5G, yes there is real technology, yes it's 'working' in some capacity now. But you really shouldn't plan on it reaching you any time soon. The ETH2 'beacon chain' is a meta-chain that's supposed to checkpoint a bunch of 'sub chains' for scalability. They have launched this beacon chain. But it doesn't do anything other than mint ETH2 tokens and operate their proof of stake consensus system. AKA it's another blockchain, different than ETH1 and it doesn't even move transactions yet. It's got a novel POS system to it's name, that's not nothing, but that is all it has at the moment. What does a 'sub chain' actually look like to interact with? How do you coordinate with many of them? All these questions have answers in theory, but not answers in solid production ready interoperable code. 'Proof of stake Ethereum' only happens if these questions are figured out and then ETH1 is somehow brought under the beacon chain's governance. Which is a whole different kettle of fish than a greenfield subchain. Exactly how this is to happen... well I haven't even seen anything credible on this. As far as I can tell it's not even seriously being worked on yet. So we may, if things go well, have another blockchain calling itself ETH2 that is proof of stake by the end of this year. But that won't cause ETH1 to stop wasting electricity or gracefully move it's economic activity to a proof of stake system. Moving billions of dollars of economic activity out of the hands of miners (who have every incentive to screw it up) and into the hands of a proof of stake validator set while at the same time not significantly disrupting said system or opening up new vulnerabilities is not trivial. tl;dr Proof of stake Ethereum is possible, but there definitely isn't a rush order on it. I would bet on Ethereum miners still being around 2-3 years from now.

jensvdh 5y ago
All the more reason for crypto environment regulations. We can't keep destroying the environment just because "miners" want to make a profit.
- ClumsyPilot 5y ago
  I have a long laundry list of things that are destroying the envuronment just to make a profit.

simias 5y ago

At this point I really wouldn't dare making any projection on the future of cryptocurrencies. You can't rationalize irrationality. Let me remind you that currently Doge coin, a literal joke fork of LiteCoin that traded for a fraction of a cent mere months ago, is the fifth biggest cryptocurrency by market cap and is being pumped by Elon Musk for some reason. I have literally no idea what that space is going to look like one week from now.

ClumsyPilot 5y ago
I see it as no worse than gamestop or synthetics CDO's and some other stuff going on Wallstreet.
lobocinza 5y ago
Same reason as any pump.

Shorel 5y ago

My 2014 Radeon HD 6850 was recently sold for a nice profit. I don't think everyone in the world goes for only the latest and greatest. Or even have the budget to get a card more expensive than $200 USD. I am a member of a simracing league with dozens of people in South America, and only 1/4 of them have machines capable of running games launched in the last three years. Only one guy in the group has a GeForce RTX 3080. One, out of more than a hundred. Everyone else in the group will definitely welcome an affordable mid-range card. Including me.