NVIDIA RTX 3080 Ti, 3060 LHR Tested in Cryptomining Workloads

[Jism]

58 MH/s at a 199 W is till enough for profitability. Just so but it works.

Mining should be banned. It is respoonsible for at least 110 Terawatt Hours which is like sweden in total as a country. Do we really need this? No.

 

[R-T-B]

Mining should be banned. It is respoonsible for at least 110 Terawatt Hours which is like sweden in total as a country. Do we really need this? No.

The banking system is arguably responsible for more power consumption. This is a bad argument.

You don't need to ban it anyways, just reduce it's impact through taxation. That, and bitcoin and co are actually pushing forward green energy initiatives that otherwise would be unfunded:

Crypto Mining Company Plans One Of The Largest Solar Projects In The U.S. | OilPrice.com

One crypto mining company is looking to make its solar power debut in Montana and is planning one of the largest solar projects in the United States known as the Basin Creek Solar Project

oilprice.com

 

[watzupken]

Yeah, its a mining nerfed GPU! But you still can't get one. Despite all these LHR cards being announced, the reality is that they are still overpriced or simply not available to purchase. Just looking at the month of May, I am not sure how many RTX 3xxx card drops are there. The top 100 GPUs are pretty stagnant with Turing cards dominating the top 30 on Amazon. If Turing cards are used for mining cards, then not sure why there is hardly any Ampere cards for sale.

 

[TheUn4seen]

That's actually great. My non-castrated 3080 just increased in value.
First of all: It has been said time and time again that mining is not the problem as far as availability for gamers, surprisingly high demand during the pandemic when people sat at home and had time to play games is.
Even if miners were responsible, well, LHR cards are still profitable, you just need more of them to match the non-LHR versions for profit, which means even less cards for gamers since you need almost two 3080tis to match a single non-LHR 3080. Even more if you correct for lower efficiency.
So, if you gamery types thought these are aimed at "fixing" the market for you, you are dum-dums. These are aimed at forcing miners to go for dedicated mining cards which give the manufacturer a higher margin but still take manufacturing allocation from consumer cards. Not to mention there aren't nearly enough of them to saturate the demand, so miners will still buy consumer cards... only now they will need more of them.

 

[watzupken]

The banking system is arguably responsible for more power consumption. This is a bad argument.

You don't need to ban it anyways, just reduce it's impact through taxation. That, and bitcoin and co are actually pushing forward green energy initiatives that otherwise would be unfunded:

Crypto Mining Company Plans One Of The Largest Solar Projects In The U.S. | OilPrice.com

One crypto mining company is looking to make its solar power debut in Montana and is planning one of the largest solar projects in the United States known as the Basin Creek Solar Project

oilprice.com

Power is used regardless of industry, as long as man wants to make life easier for themselves by means of automation. The higher the automation level, the more power it uses. If I look at banking for instance, I totally agree that it uses a lot of power in its day to day operations, with data centers running 24/7 along with back ups. But as a positive, it provides people with jobs. Mining operation is largely automated, i.e. you let the ASIC or GPU do the heavy lifting, and don't result in much benefit to the society other than the owners. And because the currency is digital, you need power and network to transfer it, which also adds to the power usage.

My opinion on "sustainable" energy is that they are not that sustainable as they sound. Take a solar panel for instance, it takes a lot of fossil fuel to produce energy to create a solar panel, which by the way, is not very efficient in converting light into power and have a finite lifespan. That does not include the solar farms utilising power to try and adjust the panels throughout the day to capture sunlight directly. So how much benefit a solar panel really offers vs the cost of manufacturing, maintaining and automating the farms is questionable.

 

[fynxer]

Mining should be banned. It is respoonsible for at least 110 Terawatt Hours which is like sweden in total as a country. Do we really need this? No.

First fun fact, Sweden uses 56% renewable energy from solar, wind and water. Problem is not blockchain tech, it is what kind of energy source you use.

You funny man your solution is to ban something you don't understand. Why not say that they have to use renewable energy instead of banning the evolution of blockchain tech.

Blockchain is new tech that in the near future will be very green and it will totally transform the world even more so than the internet did.

You should instead put your efforts in to stopping plastic, micro/nano plastic is really damaging the world. It is not just in the food and water but it is also in the air.

You realize you are actually breathing in plastic that get stuck in you lungs and it will just keep on piling up in there til you can not breath anymore.

You do not notice breathing the plastic at the moment but plastic air pollution is growing exponentially so one day soon we will have to wear masks just to be outside.

Page not found NL - Plastic Soup Foundation

Plasticvervuiling in de oceanen moet bij de bron worden gestopt! Lees hier meer over wat de Plastic Soup Foundation doet om plasticvervuiling aan te pakken.

www.plasticsoupfoundation.org

Better you put your effort in to fixing the problem with plastic that is a billion times worse for humanity than a little blockchain tech that can easily be fixed with renewable energy.

 

[R-T-B]

Mining operation is largely automated

Not really. It takes as much work if not a lot more work (due to increased heat) as your average datacenter, that generally does employ people.

 

[DeathtoGnomes]

Found it.
View attachment 202034

thats one expensive PSU.

 

[hardcore_gamer]

The banking system is arguably responsible for more power consumption. This is a bad argument.

Comparing the total power consumption instead of efficiency is a bad argument. Crypto represents only a tiny fraction of the overall transactions. Crypto is highly inefficient compared to traditional banking because of the computational complexity built into it.

 

[trog100]

it will be interesting to find out what the ebay price for such cards turns out to be...

trog

 

[TheinsanegamerN]

First fun fact, Sweden uses 56% renewable energy from solar, wind and water. Problem is not blockchain tech, it is what kind of energy source you use.

You funny man your solution is to ban something you don't understand. Why not say that they have to use renewable energy instead of banning the evolution of blockchain tech.

Blockchain is new tech that in the near future will be very green and it will totally transform the world even more so than the internet did.

You should instead put your efforts in to stopping plastic, micro/nano plastic is really damaging the world. It is not just in the food and water but it is also in the air.

You realize you are actually breathing in plastic that get stuck in you lungs and it will just keep on piling up in there til you can not breath anymore.

You do not notice breathing the plastic at the moment but plastic air pollution is growing exponentially so one day soon we will have to wear masks just to be outside.

Page not found NL - Plastic Soup Foundation

Plasticvervuiling in de oceanen moet bij de bron worden gestopt! Lees hier meer over wat de Plastic Soup Foundation doet om plasticvervuiling aan te pakken.

www.plasticsoupfoundation.org

Better you put your effort in to fixing the problem with plastic that is a billion times worse for humanity than a little blockchain tech that can easily be fixed with renewable energy.

The irony being all the chinese made masks that are just LOADED with microplastics that people have been screaming at you to wear for the last year+. oops.

Crypto isnt even on the top 20 worst enviromental issues today honestly. China's CO2 output, india's CO2 output, china's plastic pollution, ece are all far worse then crypto. But crypto gets in the way of my bing bing wahoo and makes people who are not me money, so it MUST be banned.

Power is used regardless of industry, as long as man wants to make life easier for themselves by means of automation. The higher the automation level, the more power it uses. If I look at banking for instance, I totally agree that it uses a lot of power in its day to day operations, with data centers running 24/7 along with back ups. But as a positive, it provides people with jobs. Mining operation is largely automated, i.e. you let the ASIC or GPU do the heavy lifting, and don't result in much benefit to the society other than the owners. And because the currency is digital, you need power and network to transfer it, which also adds to the power usage.

My opinion on "sustainable" energy is that they are not that sustainable as they sound. Take a solar panel for instance, it takes a lot of fossil fuel to produce energy to create a solar panel, which by the way, is not very efficient in converting light into power and have a finite lifespan. That does not include the solar farms utilising power to try and adjust the panels throughout the day to capture sunlight directly. So how much benefit a solar panel really offers vs the cost of manufacturing, maintaining and automating the farms is questionable.

The worst part about solar is the toxic waste that is produced during their manufacture in china, which is dumped DIRECTLY into the waterways/ocean. Yeah great, you saved a pound of CO2 and wiped out aquatic life. Fantastic job.

Solar and wind in their current design are just pet projects for NIMBYs who are scared of the power of the atom but what to scream about "MuH eNvIrOmEnTaLiSm" anyway.

 

[trog100]

The irony being all the chinese made masks that are just LOADED with microplastics that people have been screaming at you to wear for the last year+. oops.

Crypto isnt even on the top 20 worst enviromental issues today honestly. China's CO2 output, india's CO2 output, china's plastic pollution, ece are all far worse then crypto. But crypto gets in the way of my bing bing wahoo and makes people who are not me money, so it MUST be banned.

The worst part about solar is the toxic waste that is produced during their manufacture in china, which is dumped DIRECTLY into the waterways/ocean. Yeah great, you saved a pound of CO2 and wiped out aquatic life. Fantastic job.

Solar and wind in their current design are just pet projects for NIMBYs who are scared of the power of the atom but what to scream about "MuH eNvIrOmEnTaLiSm" anyway.

its easy to blame china but lets not forget we exported all our pollution (along with our jobs) to china quite a few years back..

trog

 

[Quicks]

well im sure the 3080ti hashrate is not yet bios modded.. give it few days.... or before launch and the hashrate will be unlocked

Little faith? Why would they make the same mistake twice...

If they do they will lose all credibility and customers do not forget, besides that they can sell GPU just for mining (that did not meet requirements), this is a money making game and they are in the business of making even more money?

 

[bug]

Little faith? Why would they make the same mistake twice...

If they do they will lose all credibility and customers do not forget, besides that they can sell GPU just for mining (that did not meet requirements), this is a money making game and they are in the business of making even more money?

I like it how people are eager to point out Nvidia's efforts to curb miners' use of gaming cards are flawed (or outright malicious) while saying diddly squat about AMD's efforts which are... nowhere to be seen.

 

[Ja.KooLit]

Little faith? Why would they make the same mistake twice...

If they do they will lose all credibility and customers do not forget, besides that they can sell GPU just for mining (that did not meet requirements), this is a money making game and they are in the business of making even more money?

https://www.techpowerup.com/forums/...iled-idea-implementation.282757/#post-4531761

already starting ....

 

[R-T-B]

Comparing the total power consumption instead of efficiency is a bad argument.

You're also assuming you are using old inefficient bitcoin blocks.

Bottom line of the arguement is PoW is flawed, but it's not as flawed as you think, and better tech is on the way.

well im sure the 3080ti hashrate is not yet bios modded.. give it few days.... or before launch and the hashrate will be unlocked

nvidia bioses bear signatures now. There haven't been any bios mods since Maxwell, or pascal if you count some laptops.

 

[ymbaja]

That's actually great. My non-castrated 3080 just increased in value.
First of all: It has been said time and time again that mining is not the problem as far as availability for gamers, surprisingly high demand during the pandemic when people sat at home and had time to play games is.
Even if miners were responsible, well, LHR cards are still profitable, you just need more of them to match the non-LHR versions for profit, which means even less cards for gamers since you need almost two 3080tis to match a single non-LHR 3080. Even more if you correct for lower efficiency.
So, if you gamery types thought these are aimed at "fixing" the market for you, you are dum-dums. These are aimed at forcing miners to go for dedicated mining cards which give the manufacturer a higher margin but still take manufacturing allocation from consumer cards. Not to mention there aren't nearly enough of them to saturate the demand, so miners will still buy consumer cards... only now they will need more of them.

You make some very good points, but the thing that really jumps out at me is the “..only now they will need more of them”.

This right here is the problem. There is no limit on how many cards a miner “needs”. Roi is the same on one card as it is on 1000. As many as can be purchased, will be purchased as long as it makes economic sense. The only way this ends is when mining becomes no longer profitable.

 

[Ja.KooLit]

You're also assuming you are using old inefficient bitcoin blocks.

Bottom line of the arguement is PoW is flawed, but it's not as flawed as you think, and better tech is on the way.


nvidia bioses bear signatures now. There haven't been any bios mods since Maxwell, or pascal if you count some laptops.

you maybe right. But I am talking about mining bios. The highlight of this launch now are mining performance. Everybody knows already where the 3080ti performance will be. Mining does not care if it has signature or not

 

[R-T-B]

Mining does not care if it has signature or not

It does if it wants drivers.

Unless you are talking about mining specific cards, no idea on them.

 

[NotHereMan]

Although there are issues with mining, power consumption and efficiency, the real problem is the people themselves. Similar to what watzupken said, the more man wants to make life easier, the more automation is implemented. The debate is do humans really need to make life easier when they have been able to survive for many mellinnia. So have many other species, but it appears this easy life style is creating opportunistic, entitled and faith contradicting rotten trash. Survival of the fitess, but damn.

 

[Ja.KooLit]

It does if it wants drivers.

Unless you are talking about mining specific cards, no idea on them.

Well lets see. I mean I am happy if they cant unlock nor mine with it to stop this mining craze.

 

[Xaled]

The banking system is arguably responsible for more power consumption. This is a bad argument.

You don't need to ban it anyways, just reduce it's impact through taxation. That, and bitcoin and co are actually pushing forward green energy initiatives that otherwise would be unfunded:

Crypto Mining Company Plans One Of The Largest Solar Projects In The U.S. | OilPrice.com

One crypto mining company is looking to make its solar power debut in Montana and is planning one of the largest solar projects in the United States known as the Basin Creek Solar Project

oilprice.com

Using that energy for purposes other that making rich richer is definitely better.

If you got money and want to earn more, invest, work, do entrepreneurship, take a risk.
And yes banking is already %50 fake and desperately unfair, and using it as an excuse for a %100 unfair system like mining and crypto-currency is complete non-sense

 

[64K]

I like it how people are eager to point out Nvidia's efforts to curb miners' use of gaming cards are flawed (or outright malicious) while saying diddly squat about AMD's efforts which are... nowhere to be seen.

You probably already know this but AMD has taken a position where they are saying that they will not do anything to hinder miners from using their GPUs or put any restrictions on them. They aren't going to make any efforts at all.

 

[R-T-B]

Using that energy for purposes other that making rich richer is definitely better.

I really don't get that argumentation. Bitcoin has produced more "from-nothing" millionaires than anything in recent history, yet somehow that factoid gets lost.

Personally speaking, older crypto investing funded my ability to go from social security drawing class to a successful consulting business. If I'd held I'd have done far better obviously, but meh.


Crypto is and always was designed to be deflationary. Everyone knows that. That's not really "unfair" at all.

 

[80251]

Found it.
View attachment 202034

I hope he doesn't get car-jacked -- NOT.