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Crypto miners are hoarding early shipments of RTX 3080s

1 hour ago, Master Disaster said:

I honestly don't think Nvidia care. I mean when we had the bit coin boom a few years back there was stories of Nvidia selling GPUs by the palette load to miners while the retailers were all totally sold out.

 

It really doesn't matter to Nvidia, a sale is a sale at the end of the day.

You got it backwards.

AMD were the ones encouraging miners by doing things like releasing drivers optimized for mining and advertising their products as good for mining. Nvidia were trying to prevent miners from buying their cards.

 

Here is a topic from 2018 about Nvidia begging retailers to not sell cards to miners:

 

Here is my post from a couple of years ago about it:  

On 3/2/2018 at 10:49 AM, LAwLz said:

I think it's funny that people still have this mentality that "Nvidia is a shitty, greedy company and AMD is the cool guy that just wants to be your friend" when it's clearly wrong.

AMD is a scummy, backstabbing company. They pretend to be friendly when they need pity from consumers, but as soon as an opportunity arise to make a quick buck they completely abandon their core fanbase, and chase after miners. They are even advertising their CPUs as good for mining now.

 

Miners are buying cards in droves, creating unhappy gamers?

Nvidia - "Hey retailers, can you please do something about this? Lots of people are unable to buy cards for gaming."

AMD - "Hell yeah! Let's market to miners as hard as we can! Fuck our core audience, there are profits to be made here!"

 

 

You'd have to be blind to still believe AMD are the good guys. Both companies are assholes but I'd even go as far as to say Nvidia are slightly less asshole-ish to their audience.

 

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nvidia (and all of their partners) are probably going to se a limit (most likely 1-2 per customer) this should keep most miners away from the cards just long enough for some fast hands to snag a 3080 or 3090

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7 minutes ago, LAwLz said:

Here is a topic from 2018 about Nvidia begging retailers to not sell cards to miners:

Yeah this is nVidia, saying one thing and doing another themselves no doubt. $$$ is the only thing that matters to them, more the better.

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5 minutes ago, eeeee1 said:

nvidia (and all of their partners) are probably going to se a limit (most likely 1-2 per customer) this should keep most miners away from the cards just long enough for some fast hands to snag a 3080 or 3090

Setting a limit would keep a few from buying up cards, but I think miners would just get others to help them buy cards or have them mailed to friends or family to get around the 1-2 card limit.

I was planning on getting a 3080, guess I'll pick up a used 2080S if the 3080 cards aren't back in stock, thanks greedy miners.

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so bad stock just got even worst nice.

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3 minutes ago, Blademaster91 said:

Setting a limit would keep a few from buying up cards, but I think miners would just get others to help them buy cards or have them mailed to friends or family to get around the 1-2 card limit.

I was planning on getting a 3080, guess I'll pick up a used 2080S if the 3080 cards aren't back in stock, thanks greedy miners.

i was hoping that nvidia could just block ip's from buying more if they hit the limit but i am no javascript or whatever website programming language/api there is    expert.

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Oh for crying out loud, not this crap again.

 

Listen, miners: they are GRAPHICS Processing Units. Their purpose is to process graphics. Could you please leave them to the people who are actually going to use them for that purpose, rather than hoarding them, thanks.

 

Surely we'll soon reach the point where there aren't enough transactions for all these people with their stupid overpowered rigs to verify?

 

1 hour ago, eeeee1 said:

i was hoping that nvidia could just block ip's from buying more if they hit the limit but i am no javascript or whatever website programming language/api there is    expert.

Could be done, but it doesn't get around the fact that miners could go to different locations to order to avoid the block (ordering GPUs is a one off thing, unlike say an online game) or the fact that if you have the cash for more than 2 high-end latest gen cards, you can probably afford to buy a VPN connection,

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2 hours ago, NumLock21 said:

where did that dude managed to snag that much RTX 3080s from?

Is that photoshop?

Consider that pretty much everyone builds their cards in China, it's likely these "fell off the back of the truck" so to speak. Someone in the logistics chain probably walked off with a box.

 

Like in all seriousness, this is something that happens in food logistics, because food spoils, so sometimes instead of things being trashed, the delivery drivers take them home. So something like that happening with electronics wouldn't be unsurprising if it had been damaged in shipment, but these items would have been returned by the the store for credit.

 

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If you are in the USA, the profit has been eliminated. Block halving along with high electric price and IRS, you just mine for them. Your time is wasted. I would restart again if not for that. BitC just dropped profits by half and so one of the biggest farms went cold.

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115 Mh/s ? Holy Sh*t, when that's a lot then what's the Mh/s of the 3090 gonna be ? 

 

 

But they those are some sneaky little Bastards, me want new 30 series Cards too.

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Oh fuck off.

 

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can we be done with wanna be quick money makers ruining pc gaming for the rest of us. I am wanting to build a pc using a 3080. I remember getting ym 1080 right before the boom and watching my $700 card turn into a $1000+ card for NO REASON other then supply and demand to these humans. 

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This is just ridiculous.

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2 hours ago, valdyrgramr said:

Hot as in used or actual performaance for the task?   There's a bit of a difference there.   HBM and HBM2 cards were pretty much sought the most from AMD's side, and the hardest to get if you were a gamer during the shortage.

hot, as in saught after.

 

I dont think RDNA2 will be using HBM if it's meant to go from high end to mid range or even low end, otherwise two versions of the architecture will have to be made with different memory controllers. HBM might be the only solution to high end Radeon GPUs' huge need on memory bandwidth if they dont want to make huge memory widths (512bit or higher) again, who knows.

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RTX 3080 Before holiday $699

RTX 3080 After January 2021 $2,000

Damn miners!

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8 minutes ago, BLKBRDSR71 said:

RTX 3080 Before holiday $699

RTX 3080 After January 2021 $2,000

Damn miners!

F in chat.

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40 minutes ago, Jurrunio said:

hot, as in saught after.

 

I dont think RDNA2 will be using HBM if it's meant to go from high end to mid range or even low end, otherwise two versions of the architecture will have to be made with different memory controllers. HBM might be the only solution to high end Radeon GPUs' huge need on memory bandwidth if they dont want to make huge memory widths (512bit or higher) again, who knows.

It's using a GDDR variant which makes sense given that they're meant for gaming and not compute.   HBM2 is meant more for workstation/server cards as compute tasks is where you see the real benefit of it.  I'm curious if they're going to do a gen 3 of vega with it, or if vega is officially dead.

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4 minutes ago, TempestCatto said:

Can we just ban crypto mining already? Seriously, what a damn joke it is. It just hurts us all!

I don't even get why they still do it.  I thought mining was mostly just barely break-even these days.

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The games is pretty much ez: buy it now or gtfo

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