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HammadAli7
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October 13, 2021, 02:42:06 PM
 #1

I have countered this behaviour from companies releasing gpu cards like rtx, nvidia etc,. that they oppose the buying of gpu by miners .
Gpu miners help these companies earn a hefty amount of money in a short period . THye should not oppose any one who wants to buy theur product
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October 13, 2021, 05:05:59 PM
Merited by philipma1957 (3)
 #2

they are not. they blame the miners just to justify their high price ( and profit) in front of the gamers
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October 13, 2021, 05:35:06 PM
 #3

GPU companies pretend to supports gamers but miners are pumping more dollars into their pockets so tell me how the heck will they hate making more money? All they can do is pretend to supports gamers than miners back the truth is they prefer making more money

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October 13, 2021, 05:43:59 PM
 #4

Yes totally agree. Miners most profitable customers in gpu history till now. You think this company dont count money? They only say it we against miner only for public.
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October 13, 2021, 09:00:21 PM
 #5

Bunch of kneejerk and unaware answers to a complex question. This has become the norm for BCT unfortunately. Not being associated with a GPU manufacturer, I can state at least two reasons why miners are not appreciated by GPU manufacturers. Manufacturers estimate a specific number of returns for repairs/refurbishment, etc of their retail version of GPUs. Use of retail GPUs in a mining setting ultimately increases demand for RMA support, and I am sure hurts their bottom line.

Miners create a shortage for cards, where retail users who buy the cards, then go out and buy games and other software help GPU manufacturer's business dealings with software vendors. There is a larger ecosystem and low supply of retail cards to actual retail users hurts that ecosystem. When Timmy can't buy his GPU to go out and play Warzone, he won't spend money on in-game purchases, he may ultimately stop buying games, or even quit gaming on the PC. Forward looking GPU manufacturers could easily see this, and would ultimately want to kick miners off the retail GPU purchase chain.


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October 13, 2021, 09:56:57 PM
 #6

Bunch of kneejerk and unaware answers to a complex question. This has become the norm for BCT unfortunately. Not being associated with a GPU manufacturer, I can state at least two reasons why miners are not appreciated by GPU manufacturers. Manufacturers estimate a specific number of returns for repairs/refurbishment, etc of their retail version of GPUs. Use of retail GPUs in a mining setting ultimately increases demand for RMA support, and I am sure hurts their bottom line.

Miners create a shortage for cards, where retail users who buy the cards, then go out and buy games and other software help GPU manufacturer's business dealings with software vendors. There is a larger ecosystem and low supply of retail cards to actual retail users hurts that ecosystem. When Timmy can't buy his GPU to go out and play Warzone, he won't spend money on in-game purchases, he may ultimately stop buying games, or even quit gaming on the PC. Forward looking GPU manufacturers could easily see this, and would ultimately want to kick miners off the retail GPU purchase chain.



While you may want to think this is true the reality is not so much.

If AMD or NVIDIA wanted to sell to gamers first they could simply kyc the buyer.

Ie valid Government proof for 1 card per 90 days or 120days whatever is needed to keep the cards out of scalper hands.

Microcenter now sells gpus to people with a picture id only 1 a month which great reduces scalping. No gpus online only in the store.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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October 13, 2021, 10:54:47 PM
Last edit: October 13, 2021, 11:15:56 PM by Metroid
 #7

Companies are not against miners, they are against not earning big money from miners ehhe, as cryptocoins marketcap used to be low, mining was unaware by most people and companies did not bother about it, as cryptocoins marketcap started rising and rising, companies started noticing there was a big money in the crypto market to be earned. This goes back to 2018 when they decided to create specific motherboards for crypto mining. That was when it all started. Now we have nvidia blocking cheap gaming gpus and creating expensive asic gpus for mining.

Remember the gold rush? only companies who sold the materials to miners earned big money, the miners themselves only spent money and in the end 0.000000000000000001% of them got rich hehe while all companies who sold shoves and other materials got rich ehhe

You trolls should learn something about it, reason why I say miners are losers in the end.

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October 14, 2021, 01:42:17 AM
 #8

The gaming market is more stable so they don't want to piss of gamers. Mining is too volatile
and unpredictable to rely on for quarterly profits.

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October 14, 2021, 02:33:14 AM
 #9

I think secretly they love miners even though whenever there is some earning release we hear the old “our outlook doesn’t include miner business”. However I think AMD especially has miners to thank especially during the early BTC and LTC mining days which were mostly led by AMD GPUs.

I remember back in 2014 most of the GPUs sold out were AMD since for some odd reason Nvidia cards just weren’t efficient. Now it’s different however most veteran miners only used AMD GPUs for mining and rarely Nvidia. Another reason was the price point, Nvidia was just too costly.

They make it seem they hate miners with all these LHR GPUs but that is mostly to please the normal gamers which have been giving them business for decades.

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October 14, 2021, 05:40:05 AM
 #10

I'm not sure how much companies make from miners, but last time I checked it doesn't contribute much to their sales. Distributors probably make more money than the vendor since they can mark up the price depending on the situation, which is why new cards like RX6600 has a terrible MSRP, so that the vendor can get more profit (but still, the seller/distributor probably got more). At the end of the day they also release a dedicated gpu for miners, so there's no love/hate situation, just profit-based relationship. If there's enough demand they'll make more cards, and they'll say that they protect their main customers (gamers, retailers etc) by doing that.

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October 14, 2021, 06:11:06 AM
 #11

The LHR-s slowly are being exploited in different ways to squeeze near the 100% capacity of those cards.They have limited it mostly in Ethash algorithms although new versions of LHR cards are limited almost everywhere.Luckily for us,the miners the miner software developers like NbMiner,T-rex and a few others are making new exploits to these cards which now I think I am ready to buy them as they will work near 100% or sometime even 100% with T-rex by making it dual mining.The hate is only a show from Nvidia to gamers as Nvidia all it cares is their profit.

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October 14, 2021, 07:14:41 AM
 #12

In normal times when microchips are not in short supply this would not be much of an issue because gpus would be more plentifully manufactured. Chips are in everything so we are seeing a shortage for chip dependent products from cars to gpus. This gpu battle would not be very significant as seen in the past when you could just walk into BB and pick up a gtx 1080 on any given day. Some people here made very good points about gamer market compared with the volatility of the miner market, so this factor has influenced decision making for gpu manufacturers. I think companies are squeezed and this is a business decision to nerf the cards to reduce bulk orders and manage distribution. Of course it's about money, it has to be. A business is in business to stay in business. Capital is its food and it needs to survive however the board of directors see fit.
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October 14, 2021, 08:00:39 AM
 #13

Probably it's more like a love and hate relationship, not just hate. The video games industry has many players: video game developers, steam, retail, and hardware. GPU plays very important role in this industry, as AAA games need good GPUs, along with CPU et al. GPU scarcity means less sales of video games, CPU, memory, ssd, etc., because there's no upgrade path without new GPU. Meanwhile, mining only needs a low-end system with a bunch of PCIE slots + GPUs. It hurts the industry as a whole, but yeah, it gives a nice $$$ to the GPU manufacturer. BUT, I think AMD already solve this problem partially with their powerful APU.

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October 14, 2021, 08:44:04 AM
 #14

arguably miners largely contributed to nvidia having almost total gpu dominance. Wonder what the margins were on pascal - being sold out couple years after launch.

Q2' 21 - 83% market share for nvidia, crazy
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October 14, 2021, 12:57:42 PM
 #15

Listen, if anything is in short supply its because the ecenomic scarcity theory of value is being exploited by producers of goods. In these times when we are told falsely that man made climate change will kill us all (ignoring the suns role), the corporations who make things then make less but maintain there profit levels and even continue to increase profit as production falls such is there financial model and ideology intwined.... Corporations dont need to make a lot of product, they just price what product they do make according to supply and demand and this is the crux of the scarcity theory of value, accredited to the Scottish economist (dont snigger at the back) John Law, who 300 years ago setup the first central bank of France using his theorys which collapsed fairly quickly lol as they printed paper without regard for its growing worthlessness.

Whose to say that AMD and Nvidia are without a doubt under orders from the central bankers to delay the inevitable fiat collapse for a while longer so the chip shortage is manufactured to so that profit is not harmed in compliance with such a demand from high up... Although Game producers are probably screaming at these GPU makers, our sales are down help us and we see things like RX6900XT prices getting slashed with offers of free games added as well because miners not to interested in the expensive RX6900XT at current prices.
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October 14, 2021, 03:17:24 PM
 #16

I have countered this behaviour from companies releasing gpu cards like rtx, nvidia etc,. that they oppose the buying of gpu by miners .
Gpu miners help these companies earn a hefty amount of money in a short period . THye should not oppose any one who wants to buy theur product
The release of LHR video cards primarily reduces the growth of the Ethereum hash rate, and therefore increases the demand for video cards.
Nvidia has a special series for miners with a limited warranty (3-6 months).
I think Nvidia has a solution to quickly deactivate LHR if needed.

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October 14, 2021, 05:49:59 PM
 #17

I think you got the wrong one, AMD or nvidia only making GPU chip and design it. The real companies behind that are against miners are computer manufactures like Asus, MSI, Gigabyte,... and their retail partners. That's where the real shitshow comes. They will give a shorter warranty than the typical 24-36 months because they knew miners will have to buy it. They can simply void the warranty if they see the appearance of mining GPU not up to their liking. Yes, I'm not even joking as this was true.

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