NVIDIA's New 30HX & 40HX Crypto Mining Cards Are Based on Turing Architecture

[Chomiq]

These are actually worse at mining, still profitable but worse. In other words they're just supplying miners with more products, I wonder if next quarter they'll lie again with a straight face about "gaming revenue".

"We are constantly listening to feedback from our community and have made decisions that helped improved the availability of Ampere GPU's to our most dedicated customers - mine... I mean, gamers! We love PC gamers! Especially those hardcore gaming enthusiasts in China/Pakistan/Iran. Boy oh boy do the like to mi... game on their GPUs"

Once crypto crashes again they'll be like "Well sh*t, here we go again":

Nvidia Mining Chip Sales Drop 30% in Q4 Amid 'Post-Crypto Excess' | Bitcoinist.com

Nvidia managed to survive declining cryptocurrency mining chip demand to post total full-year revenue of $11.72 billion. The company forecasts an aggressive rebound for the 2020 fiscal year, but Wall Street analysts say such forecasts are overly optimistic given the lack of significant change in...

bitcoinist.com

When you're riding the crypto wave you're selling GPU to gamers, but once your sales drop 30% it's suddenly because:

This was a turbulent close to what had been a great year. The combination of post-crypto excess channel inventory and recent deteriorating end-market conditions drove a disappointing quarter.

 

[Vya Domus]

"We are constantly listening to feedback from our community and have made decisions that helped improved the availability of Ampere GPU's to our most dedicated customers - mine... I mean, gamers! We love PC gamers! Especially those hardcore gaming enthusiasts in China/Pakistan/Iran. Boy oh boy do the like to mi... game on their GPUs"

Once crypto crashes again they'll be like "Well sh*t, here we go again":


When you're riding the crypto wave you're selling GPU to gamers, but once your sales drop 30% it's suddenly because:

At least this time around investors seem to have learned not to get burned again, they realized they're inside the same bubble and bailed.

 

[Fluffmeister]

This is smart business, older cards built using TSMC's cheaper 12nm node, whilst Samsung continue to pump out as many 3000 series GPUs as they can.

 

[TheoneandonlyMrK]

This is smart business, older cards built using TSMC's cheaper 12nm node, whilst Samsung continue to pump out as many 3000 series GPUs as they can.

No one saying it isn't, it's the gamer's friends bullshit they're spouting that's ryling people.

 

[Fluffmeister]

No one saying it isn't, it's the gamer's friends bullshit they're spouting that's ryling people.

People just need to read "Nvidia" to get riled.

I blame the AIBs. Let's see how AMD do "When Gaming Begins" in March.

 

[TheoneandonlyMrK]

People just need to read "Nvidia" to get riled.

I blame the AIBs. Let's see how AMD do "When Gaming Begins" in March.

Yes, it's AIB, just them, it's not though is it, AMD and Nvidia are they're suppliers, Nvidia withheld product from a few Aibs that didn't toe the line and nearly sank them at one point we disagree and it's clear from your mention of AMD in reply where this is headed so I'll leave you to it.

 

[medi01]

This crypto craze is an apparent Ponzi Scheme:

Ponzi scheme - Wikipedia

en.wikipedia.org

Crypto has no other use or value, but "you can sell it for more".
This cannot continue forever.

 

[Fluffmeister]

Yes, it's AIB, just them, it's not though is it, AMD and Nvidia are they're suppliers, Nvidia withheld product from a few Aibs that didn't toe the line and nearly sank them at one point we disagree and it's clear from your mention of AMD in reply where this is headed so I'll leave you to it.

That's cool, I don't really care either way.

 

[Vya Domus]

This crypto craze is an apparent Ponzi Scheme:

Ponzi scheme - Wikipedia

en.wikipedia.org

Crypto has no other use or value, but "you can sell it for more".
This cannot continue forever.

It’s true that it can’t continue forever but there is still room to grow.

 

[Mussels]

Good logic to this one, use the old stock gamers dont want to make mining cards miners DO want.

 

[Jism]

This crypto craze is an apparent Ponzi Scheme:

Ponzi scheme - Wikipedia

en.wikipedia.org

Crypto has no other use or value, but "you can sell it for more".
This cannot continue forever.

For people wanting to avoid tax or being just a simple criminal, the BTC is ideal. However the power consumption used worldwide to mine a certain coin is just beserk. All these shitcoins need to move to a POS rather then mining. If that happens we'll be having a used market FLOODED with cards from all the crying miners selling their shit with loss.

 

[medi01]

It’s true that it can’t continue forever but there is still room to grow.

Well, yes, but for it to work more people need to take the bait.

For people wanting to avoid tax or being just a simple criminal, the BTC is ideal.

How do you turn BTC into washed money, actually? I could imagine buying goods with BTC (although that is rather problematic, e.g. try to buy a house or a car with it somewhere in EU).

 

[Vya Domus]

All these shitcoins need to move to a POS rather then mining.

POS doesn't eliminate mining.

 

[80-watt Hamster]

They're not trying to address any "issue" ~ they're just trying to mint more money off the crypto craze much like back in 2017.

One could argue that they're trying to solve one issue: Unmet demand they can't fill. Which would, of course, still count as minting more money off the crypto craze.

 

[TheoneandonlyMrK]

Good logic to this one, use the old stock gamers dont want to make mining cards miners DO want.

Yes but perhaps not so much, a mining card or gaming card is better than none.
But why did gamer's only get a 1050 and 2060 re released yet miner's get the better scraps.
Plus they're are ampere Cmp cards.
It's just more for miner's who also bought most everything else.
To slant it as a plus to gamer's is a stretch IMHO.

 

[R0H1T]

Which would, of course, still count as minting more money off the crypto craze.

Yeah arguably both but I'd imagine the more experienced/informed miners would still go with 7nm/8nm GPU's (from AMD/Nvidia) given the huge efficiency difference & overall RoI, unless of course they have free electricity

 

[TheoneandonlyMrK]

See it's day two, the unhackable 3060 didn't need hacking, just don't mine Ethereum, go for any other coin.

It really alll was just to benefit Nvidia's bottom line and nothing else.

Eth lawyers in prep mode I'd imagine.

 

[hat]

See it's day two, the unhackable 3060 didn't need hacking, just don't mine Ethereum, go for any other coin.

It really alll was just to benefit Nvidia's bottom line and nothing else.

Eth lawyers in prep mode I'd imagine.

That's what I was thinking. Sure Ethereum is the most popular one, but there's plenty of others to mine.

 

[Vya Domus]

That's what I was thinking. Sure Ethereum is the most popular one, but there's plenty of others to mine.

Plenty can be mined but not all are worth something. Blocking eth mining would be a pretty big blow, that is if it actually worked.