a7goo (OP)
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January 23, 2018, 03:51:23 PM |
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What do you think about that nVidia wants to limit gpu sales to miners? Why are they moving on?
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cellard
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January 23, 2018, 05:26:27 PM |
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What do you think about that nVidia wants to limit gpu sales to miners? Why are they moving on?
Because the gamers are getting pissed off at miners hoarding all the graphic card for themselves. Nvidia created these GPU's for gaming, not to mine shitcoins, so they are getting tired of it and will now demand that you are not a miner. I find it kinda sad that they want to control this tho, anyone should be able to buy their product for any reason, but it seems it's having an impact on their business model. "For Nvidia gamers come first," Nvidia spokesman Boris Böhles told German hardware website ComputerBase last week. "All of our activities around our GeForce-products are directed towards our main target group. To ensure GeForce-Gamers continuously have access to GeForce-graphic cards even in the current situation, we recommend our trading partners to take according measures to ensure they can provide the needs of gamers per usual." I think they should start a 100% mining dedicated solution and they would make a lot of sales and leave common GPU's for gaming.
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LastJedi
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January 23, 2018, 05:38:40 PM |
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Nvidia is in a good position to do something in the market the way it is right now with alot of people who are selling their cards for maximum profits for what their company is selling them for. AMD said they will not be releasing another model of card until 2019! So one whole year without another 6XX model from them for the entire year. Atleast they see they are losing alot from those people who are buying up all the stock and hording these cards and selling them for upto 6x as much as they price were upon release. For example. I saw one ebayer selling their 560rx for $1200. Those cards are not really that good but people are telling others to buy up whatever card that came out within the past 7-9 months and you can be getting that money back with mining within 5-6 months, which is a complete and utter lie. You can not make that much with one of those cards. Maybe a 1080ti which they were selling for that same price ($1200) just when the 1070ti were coming out and cards were not as rare as they are now to see on store shelves.
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jmiro1
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January 23, 2018, 06:13:08 PM |
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New technology has come to light. Probably you heard of Antminer S9 and S7. Your GPU is not considered as the best machine for mining. You can say this could be reason behind the act of nVIDIA. I believe Nvidia is moving on, not leaving behind.
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dinofelis
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January 23, 2018, 06:32:50 PM |
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What do you think about that nVidia wants to limit gpu sales to miners? Why are they moving on?
Actually, NVIDIA is not against crypto mining. They have different markets, and sell similar products at different prices in those markets. Essentially, they sell to gamers, to computer scientists (deep learning) and data centers. Their problem is that the gamer products are in fact quality/price much better (Geforce) than their high-end Tesla products. For less than $1000, you have a high-end Geforce, while you have to pay an order of magnitude more for a a Tesla component for professional use. At a certain point, they had forbidden their Geforce to be bought by data centers, but they had made an exception for amateur cryptocurrencies. Now, they have also to exclude this category. They'd like you to buy Teslas.
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dinofelis
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January 23, 2018, 06:34:20 PM |
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New technology has come to light. Probably you heard of Antminer S9 and S7. Your GPU is not considered as the best machine for mining. You can say this could be reason behind the act of nVIDIA. I believe Nvidia is moving on, not leaving behind.
It is not hashcash mining. It are many other mining hashes that are not implemented on asics. There, GPU is king.
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drwhobox
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January 23, 2018, 07:11:21 PM |
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What do you think about that nVidia wants to limit gpu sales to miners? Why are they moving on?
Yes they are limiting the purchase of GPU to miners because the stocks for the gamers are getting out of no where. It's designed for gaming not for mining. But, it's capable for mining.most likely what would happen is they would askyou if you're buying a bulk set of GPU's. Asic miners are the real deal when it comes to mining cryptoes not GPU.
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swogerino
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January 23, 2018, 07:25:29 PM |
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What do you think about that nVidia wants to limit gpu sales to miners? Why are they moving on?
Because the gamers are getting pissed off at miners hoarding all the graphic card for themselves. Nvidia created these GPU's for gaming, not to mine shitcoins, so they are getting tired of it and will now demand that you are not a miner. I find it kinda sad that they want to control this tho, anyone should be able to buy their product for any reason, but it seems it's having an impact on their business model. "For Nvidia gamers come first," Nvidia spokesman Boris Böhles told German hardware website ComputerBase last week. "All of our activities around our GeForce-products are directed towards our main target group. To ensure GeForce-Gamers continuously have access to GeForce-graphic cards even in the current situation, we recommend our trading partners to take according measures to ensure they can provide the needs of gamers per usual." I think they should start a 100% mining dedicated solution and they would make a lot of sales and leave common GPU's for gaming. They already have started a 100% mining dedicated solution. There is the cheaper version the Nvidia GP106 which is based on Nvidia GTX 1060 6GB version and the more expensive version the Nvidia GP104 which is some sort of near GTX 1080 and is excellent for mining. This latest card have come out only lately.
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a7goo (OP)
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January 23, 2018, 08:17:02 PM |
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New technology has come to light. Probably you heard of Antminer S9 and S7. Your GPU is not considered as the best machine for mining. You can say this could be reason behind the act of nVIDIA. I believe Nvidia is moving on, not leaving behind.
It is possible
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Travis726
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January 23, 2018, 08:25:38 PM |
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Being a gamer I totally understand the frustration. . . Nothing like wanting to upgrade to a shiny new gpu so you can play your games in 4k, or play VR (or whatever) to find you are going to pay 2x+ msrp because miners are buying them all up as soon as they hit the shelves/sites.
I get that Ill get hate for saying that here, but anyone that is even slightly capable of empathy should see my point... As far as nvidia feeling that way, good for them. Gamers made them the company they are and will be buying gpu's long after miners will be Id be willing to bet.
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Rath_
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January 23, 2018, 08:29:23 PM |
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What do you think about that nVidia wants to limit gpu sales to miners? Why are they moving on?
As far as I know, they didn't say that they are going to limit GPUs that are being sold to miners. They only admitted that a lot of GPUs are being bought by people who want to use them only for mining. How would they know that someone will be mining? What if someone runs a shop which sells multi-GPU gaming setups? They can't, that's why it doesn't bother them. Probably they are content because the demand is huge, supplies are low so they can't rise the price of their products.
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Travis726
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January 23, 2018, 08:31:59 PM |
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What do you think about that nVidia wants to limit gpu sales to miners? Why are they moving on?
As far as I know, they didn't say that they are going to limit GPUs that are being sold to miners. They only admitted that a lot of GPUs are being bought by people who want to use them only for mining. How would they know that someone will be mining? What if someone runs a shop which sells multi-GPU gaming setups? They can't, that's why it doesn't bother them. Probably they are content because the demand is huge, supplies are low so they can't rise the price of their products. They definitely could raise the price of their products, and the miners can thank the gamers that they dont. If they were focusing on miners you can be sure the price would follow the price of bitcoin (profits possible) the way asics do.
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klintistwood
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January 23, 2018, 08:56:44 PM |
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They probably don't believe in mining on the longer run. Designing new cards takes months if not years, creating a specific product line for mining is an investment for them and they don't seem to be in a hurry to enter that market. There probably also a question of production capacity, mining is driven by euphoria and you can't match your production capacity to euphoria.
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QuintLeo
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January 23, 2018, 09:49:57 PM |
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What do you think about that nVidia wants to limit gpu sales to miners? Why are they moving on?
Because the gamers are getting pissed off at miners hoarding all the graphic card for themselves. Nvidia created these GPU's for gaming, not to mine shitcoins, so they are getting tired of it and will now demand that you are not a miner. I find it kinda sad that they want to control this tho, anyone should be able to buy their product for any reason, but it seems it's having an impact on their business model. "For Nvidia gamers come first," Nvidia spokesman Boris Böhles told German hardware website ComputerBase last week. "All of our activities around our GeForce-products are directed towards our main target group. To ensure GeForce-Gamers continuously have access to GeForce-graphic cards even in the current situation, we recommend our trading partners to take according measures to ensure they can provide the needs of gamers per usual." I think they should start a 100% mining dedicated solution and they would make a lot of sales and leave common GPU's for gaming. They already have started a 100% mining dedicated solution. There is the cheaper version the Nvidia GP106 which is based on Nvidia GTX 1060 6GB version and the more expensive version the Nvidia GP104 which is some sort of near GTX 1080 and is excellent for mining. This latest card have come out only lately. That seems to be the NVidia 3'd party makers, NOT Nvidia itself, pushing those. The P104 is a GTX 1070 GPU set up with GDDR5x instead of the normal GDDR5, and some BIOS changes to make it work better with the different RAM.
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QuintLeo
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January 23, 2018, 09:52:20 PM |
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They probably don't believe in mining on the longer run.
They don't, and both Nvidia AND AMD have made comments about being worried that the current "mining demand" will lead to a major glut of used cards somewhere soon down the road, killing their sales and profitability when it happens for months if not years. With that said, they probably CAN'T ramp their production up enough to meet the full demand right now, due to limits of the foundries on 14/16nm production and them ALREADY being swamped with folks wanting chips on the current node.
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I'm no longer legendary just in my own mind! Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin) 1GYbjMTPdCuV7dci3iCUiaRrcNuaiQrVYY (Bitcoin)
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cryptbro
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January 23, 2018, 10:24:27 PM |
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Lmao not our fault they're too closed-minded to see the profitability. This trains not stopping for anyone. Mine on.
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winmon
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January 24, 2018, 02:32:46 AM |
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Nvidia is in a good position to do something in the market the way it is right now with alot of people who are selling their cards for maximum profits for what their company is selling them for. AMD said they will not be releasing another model of card until 2019! So one whole year without another 6XX model from them for the entire year. Atleast they see they are losing alot from those people who are buying up all the stock and hording these cards and selling them for upto 6x as much as they price were upon release. For example. I saw one ebayer selling their 560rx for $1200. Those cards are not really that good but people are telling others to buy up whatever card that came out within the past 7-9 months and you can be getting that money back with mining within 5-6 months, which is a complete and utter lie. You can not make that much with one of those cards. Maybe a 1080ti which they were selling for that same price ($1200) just when the 1070ti were coming out and cards were not as rare as they are now to see on store shelves. Holy cow.....not releasing any card for a whole year sounds like business suicide....unbelievable!
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QuintLeo
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January 24, 2018, 06:50:00 AM |
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Lmao not our fault they're too closed-minded to see the profitability. This trains not stopping for anyone. Mine on.
They're worried about LONG TERM profitability vs short term spike then long term DUMP.
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I'm no longer legendary just in my own mind! Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin) 1GYbjMTPdCuV7dci3iCUiaRrcNuaiQrVYY (Bitcoin)
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klintistwood
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January 25, 2018, 11:24:15 AM |
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Lmao not our fault they're too closed-minded to see the profitability. This trains not stopping for anyone. Mine on.
They're worried about LONG TERM profitability vs short term spike then long term DUMP. They are probably right not to do anything about it, I'm not sure mining as we know it today will still exist in one or two years. The model is not viable, wasting so much electricity is not something sustainable on the longer run. Like you wrote earlier, there will be one day where the second hand market will be flooded with gpus used for mining because nobody will want those cards anymore, price will strongly go down and only those willing to buy second hand mining cards will be happy. Sellers and manufacturers will both lose something in that game.
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Riptide_NVN
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January 25, 2018, 01:06:58 PM |
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Nobody knows how long it will last and there may be another huge crash and sale of cards followed up by a period of time where not much happens. Then suddenly the market blows up again and we're back here talking about the same thing for the third time.
I agree with Travis. I'm a computer hobbyist and part time gamer primarily and I completely understand people being upset that the miners hoard everything and hog it all to themselves. It's not easy to get anything at msrp or close to it without putting some effort into it. Takes patience, knowledge, and luck to find something and get it before another person jumps in and gets it.
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