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Crazy to me that as soon as one GPU wave is dying (crypto), another one is picking up slack.
by aqme28 4y ago
Crazy to me that as soon as one GPU wave is dying (crypto), another one is picking up slack.
- atleastoptimal 4y agoWhich is a good thing. So glad all that GPU compute is being used on cool stuff rather than running SHA-256 18 quintillion times
- DJBunnies 4y agoThey can’t both be cool?
- nightfly 4y agoOne is a contest to waste the most resources, one has potential to actually have useful results
- super256 4y agoWhy do you think Bitcoin does not have useful results?
- ben_w 4y agoStrictly speaking, the comment you're replying to doesn't say which of the two is a contest to waste resources and which has potential to have useful results.
- super256 4y agoI assumed that this was doubling down on atleastoptimal’s view.
- speedgoose 4y agoCan you cite an useful result? I can't but I don't think that some people getting richer is useful.
- Xerox9213 4y agohttps://www.elliptic.co/blog/live-updates-millions-in-crypto-crowdfunded-for-the-ukrainian-military https://www.elliptic.co/blog/live-updates-millions-in-crypto... https://www.cnbc.com/2022/03/23/ukrainian-flees-to-poland-with-2000-in-bitcoin-on-usb-drive.html https://www.cnbc.com/2022/03/23/ukrainian-flees-to-poland-wi... In general, the purpose of Bitcoin is not to get rich, but to have a currency that is universally accepted and not tied to a political party’s fiscal decisions.
- UncleEntity 4y agoIn general, so is the Federal Reserve.
- super256 4y agoSure: I can buy servers and domains anonymously and buy drugs online, which are illegal in my country.
- idiotsecant 4y agoBitcoin has a use, but there are other options for consensus algorithms that don't waste as much energy as the citizens of a medium sized country and fill the same user case (and other expanded use cases). Why not just do that?
- DJBunnies 4y agoWell, I agree with you there.
- moffkalast 4y agoNothing cool in throwing away lots of resources for no reason. In fact there's substantial heating involved.
- ben_w 4y agoOnly if you really like big numbers for the sake of them. Otherwise, one is just straight up snake oil[0], and the other… is kinda hard to tell yet, because while I'm really impressed, I don't know if it's {a toy, a tool, the first sign of a major transformation}. [0] did you know the original snake oils contains more omega-3 and therefore improves cognitive function when compared to lard? I did not. But you can get omega-3 elsewhere, and the people who made the term synonymous with fraud didn't use those snakes, so…
- varispeed 4y ago> running SHA-256 18 quintillion times or games. People could have been studying or doing something more important than wasting time and energy. I get that it is entertainment, but so are board games and that don't require mining rare earth minerals or putting pressure on the grid as you can always play board games with candles on.
- KMnO4 4y agoBe careful. The gaming industry has successfully conditioned people into believing they need a $1500 GPU with the TDP of a microwave so they can play the next unfinished-at-release AAA title.
- counttheforks 4y agoOr TV shows or movies. People could have been studying or doing something more important than wasting time and energy. Or going outside. People could have been studying or doing something more important than wasting time and energy. Or not being locked in the education facility. People could have been studying or doing something more important than wasting time and energy.
- mrtranscendence 4y agoMonopoly by candlelight, just the future I had always envisioned.
- BizarroLand 4y agoWhy are you wasting candlestick on playing games? It's such a waste! Don't you know bees died to make that candle? The most ecologically friendly thing you can do is go to sleep. If you want to play games, do it while the sun is out! (/s, just in case)
- varispeed 4y agoIf more people played Monopoly, they would have realised the Western economy is at the stage were a few players bought all properties and utilities.
- 4y ago
- kkielhofner 4y agoDefinitely a good thing but FYI it hasn't been profitable/feasible to mine bitcoin (SHA-256) on GPU for many many years as ASIC based miners have completely taken over. I've talked about it plenty on HN but any way you slice it crypto is an unbelievable waste of resources in every possible way regardless. What really (finally) more or less killed GPU mining was the Ethereum move to PoS (Proof of Stake).
- Mistletoe 4y ago[flagged]
- senttoschool 4y agoNo matter how many times Bitcoin halving events happen, it doesn't make it anymore useful. Interest rates have far more impact on crypto than Bitcoin events. Currently, crypto market trades closely with NASDAQ. Hopefully regulation will put an end to this.
- isoprophlex 4y agoIt'll die with the environment it helped destroy, that's for sure.
- saurik 4y agoOne day we'll find out that all of the VR, crypto, and maybe now AI bubbles were nothing but conspiracies being driven by big-GPU to keep their share price up.
- toxicFork 4y agoThe universe was a hoax invented by a GPU company
- psychphysic 4y agoDLSS and DLAA were at least, FSR proved that.
- taneq 4y agoVR has been a godsend for forcing hardware, OS and driver developers to actually pay attention to jitter and max latency. If crypto means we get nice fast pretty games and fancy AI then I’m for it. :)
- schaefer 4y agoSpeaking for myself, I have already gotten more use out of 2 weeks of chatgpt than I have out of 16 years of Bitcoin
- dividedbyzero 4y agoWhich is just what I'd expect to read on an influential tech forum if grandparent was in fact right.
- EVa5I7bHFq9mnYK 4y ago14. First Bitcoin was mined 14 years ago. And Bitcoins have not been mined with GPUs since 2013.
- arbitrary_name 4y agoYou pedantry reinforces the point, rather than diminishing it.
- favaq 4y agoGee, it's almost as if GPUs are useful.
- tnzk 4y agoIndeed, except for processing graphics.
- nirav72 4y agoFor most part of the 20th, a bulk of the energy humanity was able to extract was used for industrialization. Now it seems that a vast bulk of the energy being extracted will go towards computation.
- alchemist1e9 4y agoThe singularity and fusion power are probably interlinked because of this. Once one happens the other will and in either order.
- ben_w 4y agoDoubt it, unless you include solar as fusion, but then we've already got it.
- xmcqdpt2 4y agoI doubt it frankly. Computation consumes a lot of energy, true, but it is dwarfed by how much energy we use in transportation and food production. Energy use per capita in most of the Global North is about 75,000kWh per year, https://ourworldindata.org/grapher/per-capita-energy-use https://ourworldindata.org/grapher/per-capita-energy-use That's like the average person running 27 NVIDIA A100s at max capacity at all times!
- vasco 4y agoYeah but every time we discover a new interesting thing to do with computers the requirements go up by several orders of magnitude. How many more orders of magnitude of energy can we spend on food production from here with current projections of world population to peak in 2100?
- college_physics 4y agoGPU conspiracy or just the side-effect of the decline of Intel?
- swyx 4y agotheres an economics theory of “supply creates its own demand”. we wanted to do ml, gpus were around for games, we repurposed them for ml, and ml architectures that benefit from gpus won the “hardware lottery” (influential paper from sara hooker in case you are unaware)
- messe 4y agoCharlie Stross (cstross on here) had a fun blog post[1] about this phenomenon just a week and a half ago. > As for what you should look to invest in? > I'm sure it's just a coincidence that training neural networks and mining cryptocurrencies are both applications that benefit from very large arrays of GPUs. [...] > If I was a VC I'd be hiring complexity theory nerds to figure out what areas of research are promising once you have Yottaflops of numerical processing power available, then I'd be placing bets on the GPU manufacturers going there [1]: https://www.antipope.org/charlie/blog-static/2023/02/place-your-bets.html https://www.antipope.org/charlie/blog-static/2023/02/place-y...
- layer8 4y agoJust imagine if Bitcoin, GPT and Half-Life had come out at the same time.
- senttoschool 4y agoBitcoin miners don't use GPUs.
- layer8 4y agoThey did initially.