Well this can't be good, Vega 64 could be great for mining

[potoooooooo]

1 hour ago, knightslugger said:

so what is a bank if not a business or institution that stores currency?

 

the term "Piggy Bank" comes to mind...

Paypal isn't regulated, it's not a bank. If you store any currency on paypal you're an idiot. Paypal routinely shuts down accounts and takes all your cash for the smallest reasons.

 

Don't be an idiot, using paypal as a bank isn't what it's for.

[Misanthrope]

1 hour ago, NvidiaIntelAMDLoveTriangle said:

Can AMD just put a Samsung Note 7 with all their cards and as soon as it detects the user is mining, the Note 7 goes off.

HEHEHEHE

I'd be controversial but maybe they should competely disable compute on consumer cards unless is tied to dx, opengl or Vulkan. 

[knightslugger]

5 minutes ago, potoooooooo said:

Paypal isn't regulated, it's not a bank. If you store any currency on paypal you're an idiot. Paypal routinely shuts down accounts and takes all your cash for the smallest reasons.

 

Don't be an idiot, using paypal as a bank isn't what it's for.

but you load funds to the account, and then withdraw those funds when needed. one way or another, or even for but a moment, you are storing currency at paypal.

 

but that doesn't answer the question of "What is a bank?".

 

no matter.

 

Retailers would never go for that. Why would I (if i were a retailer) strap myself of customers because they don't have (or want) a 3rd party transaction party account just to buy a product? Are you seriously telling me to turn away the customer who has cash in hand because they don't have a paypal account?

[elkenrod]

I called this in another thread!

 

given the high price, and the disappointing benchmarks/lack thereof last month, I figured there had to be AN AREA where AMD could tout a benefit.  

 

The blind tests didn't seem compelling at all, which only left mining results.

 

Mining performance is the new gaming performance.  As long as a GPU manufacturer can claim significant mining results over the competition, the cards will sell very well.  Well done AMD if these results are accurate.

[mach]

 

1 hour ago, Ryan_Vickers said:

yeah that's what I was also going to mention - if this higher performance carries over to other currencies too, they'll just buy them for that and it won't really solve anything

If you can't beat them, join them

I'm going to pre-order one on launch anyway. If it's good for mining I'll mine a bit until it's not profitable to compensate the price. Then I can enjoy the vega at a discount

Although I doubt it's going to be as crazy as rx 500 though. Ethereum's price has come down a lot and stabilized. Plus the possible shift to pos. Small/leisure miners aren't going to be that excited.

[vanished]

1 minute ago, mach said:

If you can't beat them, join them

I already did a while ago  

Difference is I just put the card I already had for gaming to work in its spare time mining, rather than specifically ordering a 747 full of cards just for mining alone  

[Marinatall_Ironside]

2 hours ago, AnonymousGuy said:

2 per paypal account and address.  It's a pain in the ass to set up multiple paypal accounts (I think Paypal blocks it too) and multiple shipping addresses.

 

2 hours ago, Zando Bob said:

Limit cards to 2 each, and have them put in their phone # and email to purchase. That'll make it harder for people to buy masses of them. 

Get a friend (or two, three, four, etc., you get the picture) to help you purchase the two RX Vega 56 or 64 GPUs and you've effectively bypassed those two limitations because you're getting your friend to use their phone, address, and PayPal accounts or credit card numbers to register the purchase as separate from the primary purchaser. How do you think an individual is able to get 4 Nvidia Titan Xp's while bypassing the "Limit Two per Household" limit?

 

"Hey, buddy, I'll give you x amount of money, you buy me these Vega GPUs and you send them over to me."

 

What you're doing is you're paying your friend to get you your Vega GPUs for your mining purposes so that he/she buys them and then ships them to you. Clever, aren't I?

Edited August 3, 2017 by JurunceNK

[tom_w141]

1 hour ago, Ryan_Vickers said:

When in the Vega release date again though?  Aug 14 or 18th or something like that?  Ethereum will be changing from PoW to PoS around that time so even if this is true it might turn out to mean nothing

Unfortunately that won't do anything. There are plenty of Altcoins being mined. When Eth becomes PoS which has been "coming" since forever (delayed numerous times) miners will change coin.

[HarryNyquist]

Can this stupid f'ing bubble pop already, please.

 

Please.

[knightslugger]

1 minute ago, HarryNyquist said:

Can this stupid f'ing bubble pop already, please.

 

Please.

that's a lot of families you're hoping it will hurt... mining isn't strictly a casual activity.

[Evolution90]

RIP PC gaming.

[System Error Message]

you shouldnt limit to paypal, i mean what about cash? You cant trace cash. Some of us dont have paypal because of the bad experiences when things go wrong. We use debit cards instead which cant be generated like credit cards as its tied to a bank account.

 

Paypal is link to a card as they charge extra if they have to take from your bank account.

 

Best way against mining isnt to cap electricity or GPUs, but by capping crypto currency growth. If the currency is set to grow at a specific rate that is much lower than what we have now than many people will find themselves at a huge loss when they try to mine.

[DoctorWho1975]

13 minutes ago, knightslugger said:

that's a lot of families you're hoping it will hurt... mining isn't strictly a casual activity.

 

This has to be one of the absurd arguments for this BS I have ever seen. For god sakes, think about the children can be used for everything.

[HarryNyquist]

21 minutes ago, knightslugger said:

that's a lot of families you're hoping it will hurt... mining isn't strictly a casual activity.

My guess is with all the federal crackdown on it, it'll soon become an illegal activity...

EDIT: Yes I know they can't make calculating crypto hashes and such illegal. If you shut down everywhere giving you real money for the cryptocurrency du jour, it's worthless. That's what I'm talking about being shut down.

[laminutederire]

8 minutes ago, DoctorWho1975 said:

 

This has to be one of the absurd arguments for this BS I have ever seen. For god sakes, think about the children can be used for everything.

Think of the children who won't have anybody thinking about them because of your comment

 

[knightslugger]

Just now, HarryNyquist said:

My guess is with all the federal crackdown on it, it'll soon become an illegal activity...

then BTC dies and hundreds of millions of dollars worth of coin is lost.

 

8 minutes ago, DoctorWho1975 said:

 

This has to be one of the absurd arguments for this BS I have ever seen. For god sakes, think about the children can be used for everything.

professional miners make it their job to mine. The network would SUCK without them. these people have families to support. what's absurd is that you'd rather destroy their life so you can play Team Rocket League on a new GPU.

[DoctorWho1975]

So I guess no one should game right? The children come first... no GPU's available for gaming, they should just be built for miners. Maybe you should have to register first as a miner then you can actually buy a "gaming" er should I say... mining card. That way no miners children are hurt.

[knightslugger]

4 minutes ago, DoctorWho1975 said:

So I guess no one should game right? The children come first... no GPU's available for gaming, they should just be built for miners. Maybe you should have to register first as a miner then you can actually buy a "gaming" er should I say... mining card. That way no miners children are hurt.

or like i said before, let the market equalize the demand. If that means higher prices for GPUs, so be it. you have no more or less right to technology access as the next guy, who may or may not play video games.

[captain cactus]

I mean, it's not like Vega has some specialised hardware/instruction sets for mining, right? right?

 

Wrong.

 

 

Why AMD... Whyyyyyyy... Just gimme a Vega 56 on launch day, ok? I won't mine on them. I just wanna play some games man

[DoctorWho1975]

Market CANT equalize demand, there is far too much demand which is way outstripping supply. Supply will never catch up. It's not like gamers are getting their hands on these cards anyways. I'm guess your children are going to be very well fed while gaming doesn't happen.

[knightslugger]

1 minute ago, DoctorWho1975 said:

Market CANT equalize demand, there is far too much demand which is way outstripping supply. Supply will never catch up. It's not like gamers are getting their hands on these cards anyways. I'm guess your children are going to be very well fed while gaming doesn't happen.

it will when GPU prices exceed $1200/unit...

[Misanthrope]

5 minutes ago, DoctorWho1975 said:

So I guess no one should game right? The children come first... no GPU's available for gaming, they should just be built for miners. Maybe you should have to register first as a miner then you can actually buy a "gaming" er should I say... mining card. That way no miners children are hurt.

Look AMD and Nvidia might not want to admit this to their gaming customers, but they're delighted to be making a killing on the mining market. Their efforts to release "mining only" cards were just a gesture to try to appease desperate gamers but why would they refuse money and unprecedented demand?

 

Truth of the matter is that if they truly wanted, both could stop all mining dead in their tracks with a driver update (though not at this point since old drivers are out in the wild but you get the idea). But they will not be doing that since again, what kind of company would step away from a far more profitable market? Sure long term miners go away but they know that if they know that they can hold on to killing mining for a while before they ruin the more long term gaming market.

[TimeOmnivore]

8 minutes ago, knightslugger said:

professional miners make it their job to mine. The network would SUCK without them. these people have families to support. what's absurd is that you'd rather destroy their life so you can play Team Rocket League on a new GPU.

The only purpose in life is to enjoy what little of it you have left. If these people's actions are actively making it more difficult for me to enjoy my life more than it otherwise would be, then no, I don't care about their lives or the families they need to support. Call me selfish and I'll wholeheartedly agree with you - I am. It's not my job to care about their well-being.

[DoctorWho1975]

2 minutes ago, knightslugger said:

it will when GPU prices exceed $1200/unit...

Maybe.. maybe not, if crypto currency continues to skyrocket the 1200 dollar mining cards become viable.

[AshleyAshes]

1 minute ago, Misanthrope said:

Look AMD and Nvidia might not want to admit this to their gaming customers, but they're delighted to be making a killing on the mining market. Their efforts to release "mining only" cards were just a gesture to try to appease desperate gamers but why would they refuse money and unprecedented demand?

Well, no, they need both.  Mining sales are great and all but they're highly unreliable as history has shown that the usage of GPUs in mining can evaporate quickly.  They're good, for sure.  But they also need sales from people buying individual cards and from OEMs installing them into their pre-builts.  To alienate customers can drive customers to competitors and this can have a long term effect on unit sales.