Bitcoin Forum
December 11, 2016, 12:25:05 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Let's Put The AMD/ATI Conspiracy Theory To Rest....  (Read 1593 times)
gigabytecoin
Sr. Member
****
Offline Offline

Activity: 280


View Profile
May 05, 2011, 09:31:38 AM
 #1

I have read in a few posts that AMD (the company behind the ATI chipsets that we all love so much) could possibly have created Bitcoin to enhance their market share.

According to this link, if that is true, they are doing a horrible job.

Just FYI.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481415905
Hero Member
*
Offline Offline

Posts: 1481415905

View Profile Personal Message (Offline)

Ignore
1481415905
Reply with quote  #2

1481415905
Report to moderator
1481415905
Hero Member
*
Offline Offline

Posts: 1481415905

View Profile Personal Message (Offline)

Ignore
1481415905
Reply with quote  #2

1481415905
Report to moderator
benjamindees
Legendary
*
Offline Offline

Activity: 1288


View Profile
May 05, 2011, 10:38:34 AM
 #2

AMD sells more than just GPUs.  Their share price is dropping due to Intel, not NVIDIA.

http://www.gadget-reviews.eu/2011/05/04/nvidia-losing-ground-to-amd-and-intel-in-gpu-market-share/

Civil Liberty Through Complex Mathematics
wumpus
Hero Member
*****
Offline Offline

Activity: 798

No Maps for These Territories


View Profile
May 05, 2011, 10:40:40 AM
 #3

Do they really think us few crackpots mining Bitcoin would be even a dent in the AMD total sales?

Yes, I call bullshit on this too.

Bitcoin Core developer [PGP] Warning: For most, coin loss is a larger risk than coin theft. A disk can die any time. Regularly back up your wallet through FileBackup Wallet to an external storage or the (encrypted!) cloud. Use a separate offline wallet for storing larger amounts.
Raulo
Full Member
***
Offline Offline

Activity: 238


View Profile
May 05, 2011, 11:02:34 AM
 #4

Do they really think us few crackpots mining Bitcoin would be even a dent in the AMD total sales?

Depends on how do you define "a dent". The Bitcoin hashrate increased by about 1000 6990 during the last 3 months. It's about 0.1% of the AMD graphic revenue during a quarter which is around $400 million. 

Of course not all of the new mining capacity went to AMD (some were old purchases, or nVidias or ArtForz's ASICs) but all 6xxx purchases and a large part of 5xxx went directly to AMD.

If the difficulty increases 10-fold, which is highly likely, the increased capacity will be 1% of the AMD GPU quarterly sales. It will start to be a non-trivial part of their market.


1HAoJag4C3XtAmQJAhE9FTAAJWFcrvpdLM
phelix
Legendary
*
Offline Offline

Activity: 1680


nmc:id/phelix


View Profile
May 06, 2011, 03:17:32 PM
 #5

Do they really think us few crackpots mining Bitcoin would be even a dent in the AMD total sales?

Depends on how do you define "a dent". The Bitcoin hashrate increased by about 1000 6990 during the last 3 months. It's about 0.1% of the AMD graphic revenue during a quarter which is around $400 million. 

Of course not all of the new mining capacity went to AMD (some were old purchases, or nVidias or ArtForz's ASICs) but all 6xxx purchases and a large part of 5xxx went directly to AMD.

If the difficulty increases 10-fold, which is highly likely, the increased capacity will be 1% of the AMD GPU quarterly sales. It will start to be a non-trivial part of their market.


+1
and another +1 for mentioning the ASICS =)

blockchained.com ■ bitcointalk top posts
goatpig
Legendary
*
Offline Offline

Activity: 1330

Armory Developer


View Profile
May 06, 2011, 04:05:30 PM
 #6

Do they really think us few crackpots mining Bitcoin would be even a dent in the AMD total sales?
Depends on how do you define "a dent". The Bitcoin hashrate increased by about 1000 6990 during the last 3 months. It's about 0.1% of the AMD graphic revenue during a quarter which is around $400 million. 

Of course not all of the new mining capacity went to AMD (some were old purchases, or nVidias or ArtForz's ASICs) but all 6xxx purchases and a large part of 5xxx went directly to AMD.

If the difficulty increases 10-fold, which is highly likely, the increased capacity will be 1% of the AMD GPU quarterly sales. It will start to be a non-trivial part of their market.

Implying nVidia won't react as soon as this turns into seizable market...

btcarmory.com
da2ce7
Legendary
*
Offline Offline

Activity: 1218


Live and Let Live


View Profile
May 06, 2011, 04:18:53 PM
 #7

and another +1 for mentioning the ASICS =)

Unless AMD plans to make SHA256 chips...

One off NP-Hard.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!