Friday, January 15th 2021
NVIDIA Evaluates Cryptocurrency Mining GPU Production
During the 19th Annual J.P. Morgan Tech/Auto Forum Conference, NVIDIA has talked about the possibility of special graphics cards dedicated to mining purposes. The special edition crypto mining GPU is a form of graphics card that has no display outputs, and possibly a few defective texture units. Usually, GPUs that end up with defective texture units end up as waste, however, as crypto mining requires only the compute element from the GPU, these products could be rebranded as mining GPUs. But, it seems like NVIDIA is currently somewhere in the middle ground and weighing in whatever the company sees something like that as a feasible option.
During the conference, NVIDIA's Colette Kress, a chief financial officer, had said a few things about the possible production of GPUs dedicated to crypto mining. "If crypto demand begins or if we see a meaningful amount, we can also use that opportunity to restart the CMP [mining-specific GPUs] product line to address ongoing mining demand," said Ms. Kress. She added that "We [NVIDIA] don't have visibility on how much of the GeForce RTX 30-series end demand comes from mining. So, we don't believe it's a big part of our business today. Gaming demand is very strong, and we think that's larger than our current supply." And that is an understandable thing. Right now crypto mining is hot because of Bitcoin's price, however, NVIDIA can't predict if it will crash a lot or not, so the company doesn't want to risk starting a big production for something that can burst like a bubble.
Source:
Tom's Hardware
During the conference, NVIDIA's Colette Kress, a chief financial officer, had said a few things about the possible production of GPUs dedicated to crypto mining. "If crypto demand begins or if we see a meaningful amount, we can also use that opportunity to restart the CMP [mining-specific GPUs] product line to address ongoing mining demand," said Ms. Kress. She added that "We [NVIDIA] don't have visibility on how much of the GeForce RTX 30-series end demand comes from mining. So, we don't believe it's a big part of our business today. Gaming demand is very strong, and we think that's larger than our current supply." And that is an understandable thing. Right now crypto mining is hot because of Bitcoin's price, however, NVIDIA can't predict if it will crash a lot or not, so the company doesn't want to risk starting a big production for something that can burst like a bubble.
60 Comments on NVIDIA Evaluates Cryptocurrency Mining GPU Production
Is lying a main requirement to get a gob at nvidia?
Yeah they can because it will always crash, the issue that they are dancing around has to do with the fact that revenue from crypto is volatile, you could be shipping hundreds of thousands of GPUs to miners one month and close to zero the next. Investors don't like that, so they are trying to figure out how they can sell as many GPUs for mining while pretending that they aren't.
but probably nope.avi, just a lot of talk.
Its not sustainable and eth should have been proof of stake years ago.
They did manufacture dedicated mining cards in the past and it made no difference to the availability of cards because obviously miners would still buy anything that was available. But even if they didn't, it would have still made no difference because the pool of available wafers is still the same no matter what you do with the chips.
So yeah, either we collectively get real and stop doing this shit, or we ask governments and institutions to create an effective banhammer for it. Everything else is pissing against the wind and pure hypocrisy. If you want a healthy market, you have to work for it. The same thing applies to scalping. Whining about it, while still carefully on the lookout for a GPU that isn't super price inflated but just a little, is hypocrisy. You're part of the demand keeping them in business. The MSRPs are known and if you overpay, you condone higher prices.
That goes for all the systems we don't like btw. Somehow there is a staggering lack of commitment to change, instead we prefer to chase overinflated carrots and then complain they taste sour.
"If crypto demand begins or if we see a meaningful amount, we can also use that opportunity to restart the CMP [mining-specific GPUs] product line to address ongoing mining demand,"
OMG everything is sold out primary because of the Miningboom and only secondary a few Cards went to Homeoffice and Gamerdemand.
The good news is that ETH 2.0 is going to use a proof-of-stake model, as far as I know, this means miners will no longer be needed to mine ETH, when this goes live, I don't know.
Anyways, let's see what happens, all I know is, this whole story has infuriated me to no end, I am stuck on my GTX 660Ti which has a faulty VRAM module and I need, yes "need" a replacement not "want" a GPU, most just want something to say they have the latest toy though their previous toy already works great. *sigh* I can now finally buy a card if I should choose to do so, this after saving up a little... but I won't, I refuse, absolutely refuse to pay these non-MSRP prices, this has gone too far.
At this point I think best possible solution would be for the big 3 to invest in a separate crypto-specific architecture. Like how AMD has started RDNA for gaming and CDNA for computing and shit. Because my understanding is that modern mining rigs are driver-agnostic and usually run an efficient clock profile custom bios. And deleting the display ports means miners actually don't buy the cards since they won't be able to resell them when the market crashes. But seriously fuck the miners.
trog
So Nvidia wants to make them a cheaper SKU now so they save a few quid on what they sell miner's.
Spin.
RTX3080 800 dollars
RTX3080 Miner Edition 1600 dollars, ez money I would say.