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You would have to saturate the market with specific mining devices. Like with bitcoin ASIC miners, the crypto mining demands have to increase to the point where
by randomsilence 5y ago
You would have to saturate the market with specific mining devices. Like with bitcoin ASIC miners, the crypto mining demands have to increase to the point where using gaming graphic cards becomes unprofitable. Otherwise miners will buy the specific mining devices and the gaming devices. The problem is that Etherum was designed to resist ASIC approaches.
Instead of locking cards down, Nvidia could manage the supply. They could sell their cards in cooperation with Steam: Only people with an active steam account are eligible to a new card. If their performance stats don't improve after the purchase, which means they have resold their hardware, they won't be allowed to buy another card.
- eru 5y ago> If their performance stats don't improve after the purchase, which means they have resold their hardware, they won't be allowed to buy another card. And then you have people who lose their cards, or it gets damaged, or who don't want Steam, etc. It's a big can of worms.
- randomsilence 5y agoNot wanting Steam is the biggest issue. They could include further shops and even individual games. There also needs to be an option for people who want to do scientific computing. Having vouchers from scientific institutions would exclude everybody who is independent. The approach has to be refined a bit, but the general principle is that you can link cards to individuals. To balance the downsides, Nvidia doesn't have to go all in on 'Steam sales', like Sony, who sells some of their PS5 to registered gamers but not all of them. On the other hand, I don't see the problem with damaged or lost cards. Damaged cards can be treated like guarantees: send in your damaged card and buy a new one. Lost cards on their own are a problem but how do you lose your card? You have to lose your entire gaming rig which most likely means that it is stolen. So send in a copy of your police report. That way, miners will be punished for wrong legal proceedings if they make a business out of 'losing cards'.
- Mindwipe 5y ago> They could sell their cards in cooperation with Steam: Only people with an active steam account are eligible to a new card. If their performance stats don't improve after the purchase, which means they have resold their hardware, they won't be allowed to buy another card. I have a baby. I do anything on Steam once a month at best. Crypto miners could pretty trivially make their use cases look like they spend more time gaming than a good 30% of Steam's active user base. This is a non-starter.
- loa_in_ 5y agoThere are more mining rigs than people behind them, so limiting the number to number of people would be some improvement for sure