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Couldn't Microsoft/AMD/NV release a firmware update to disable mining on standard graphics cards?
- Thread starter g67575
- Start date
This. Also, higher temps (for prolonged periods) is what kills GPUs - we all know this. This is mostly a function of the power the GPU consumes.
We also know that the majority of GPU crypto miners run their graphics cards outside a case or with the case open, to reduce the risk of damaging components from overheating.
This is from a GPU mining website called NiceHash "realistically speaking, the temperature from 60°C up to 70°C is the normal GPU mining temperature."
Link here:
https://www.nicehash.com/blog/post/optimal-gpu-mining-temperature
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This guy made a mining rig in his BMW, this is sure to make some ennemies: lol
https://www.pcgamer.com/this-guy-built-a-mining-rig-in-the-back-of-his-bmw-just-to-annoy-gamers/
https://www.pcgamer.com/this-guy-built-a-mining-rig-in-the-back-of-his-bmw-just-to-annoy-gamers/
Maybe the fans wear out, but the actual GPU will be fine, so long as it's not overheating. If it's just working for a long period of time and not flirting with overheating temperatures, it'll be fine.
I don't see the harm - Nvidia and AMD are selling products that are popular. That you want to game on them is fine, that someone else might want to mine on them is also fine. If I buy a product, I'd like to use it the way I want to.
posted about these mining cards before regarding the damage that can occur when a fan fails, its not nice viewing, chances are you'd be ok if the failed fan is replaced quick enough, but if not, damage CAN occur, not always, but can, Anyone wanna see a pic of as/h gigabyte 1070 that was used for mining and the centre fan failed?
Guys I have to admit I'm a miner and a gamer, my mining pays for me to have a superb top of the range gaming rig. The fact is at the moment Mining profits are amazing and cards like the 3060 TI & 3080 are the best mining cards right now especially the 3060 Ti which is what I use. Fact is GPU mining at the moment is focused on ETH that is where all the money is and that is why people are going crazy for 3060 and 3080 cards (3070 has same performance as 3060 ti so is avoided as is more expensive). This is why you will see 3090s and some 3070s as more available.
Now the reason why people are going crazy is not only the large profits these cards are making them, it is because this gravy train is going to come to an end with ETH 2.0 which is going to POS at some point (google it) over the next 1 to 2 years. It will then be run by validators and the GPU mining game will be up. At the moment there is nothing to take its place so people like myself are making hay while we can. I will literally buy up every 3060 ti and 3080 I can see as the return on investment is literally only 6 months right now so potentially 18 months of clear profits lay ahead. Then after ETH 2.0 goes POS we will then flood the market with cheap 3060s and 3080s, and whatever next years nvidea cards are, and price will crash as we won't really care that much what we get for them as they would have paid for themselves 3 or 4 times over even at today's prices.
I would not touch a mining card for that reason, no one will, as we need gamers to sell back to after this crashes over the next 1 to 2 years. Its also down to me what i use their products for not anyone else. That would be like telling gamers what games they can play and DTP what 3d modelling or move makers what films they can develop FX effects for. GPU's are multi purpose assets and get used for many different things in different industries, not just by gamers.
Thought i would just give you an insight into our mining world!
Oh just for the record i would never use Windows, managing 10 or 12 cards on a Windows PC is a nightmare and windows constantly complains with virtual memory errors. No like all miners I use an dedicated Mining Linux OS.
Now the reason why people are going crazy is not only the large profits these cards are making them, it is because this gravy train is going to come to an end with ETH 2.0 which is going to POS at some point (google it) over the next 1 to 2 years. It will then be run by validators and the GPU mining game will be up. At the moment there is nothing to take its place so people like myself are making hay while we can. I will literally buy up every 3060 ti and 3080 I can see as the return on investment is literally only 6 months right now so potentially 18 months of clear profits lay ahead. Then after ETH 2.0 goes POS we will then flood the market with cheap 3060s and 3080s, and whatever next years nvidea cards are, and price will crash as we won't really care that much what we get for them as they would have paid for themselves 3 or 4 times over even at today's prices.
I would not touch a mining card for that reason, no one will, as we need gamers to sell back to after this crashes over the next 1 to 2 years. Its also down to me what i use their products for not anyone else. That would be like telling gamers what games they can play and DTP what 3d modelling or move makers what films they can develop FX effects for. GPU's are multi purpose assets and get used for many different things in different industries, not just by gamers.
Thought i would just give you an insight into our mining world!
Oh just for the record i would never use Windows, managing 10 or 12 cards on a Windows PC is a nightmare and windows constantly complains with virtual memory errors. No like all miners I use an dedicated Mining Linux OS.
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Personally i would just remove all the cooling fans from the cards they just take up too much space in a mining case and just leave the card itself. I use powerful exhaust fans to remove hot air and without all the card fans you increase space and airflow between the cards so hot air doesn't get trapped. Temps are always 50s and 60s and with mining card your OC setting are different to gamers we reduce the GPU volts to around 65% and increase memory. My 3060's for gaming run at 200 watts for mining they only run at 115watts each and low temps in 50s and 60s so the Card fans are unnecessary.
Thanks sor1706. I can certainly see why the RTX 3060 TI is an attractive option for mining, considering it's price and Ethereum hash rate.
Is it really the case that Ethereum mining could end within 2 years? If so, I wonder what crypto currency will replace Ethereum for GPU mining?
I guess the main issue for people buying used graphics cards, is they have no way of knowing before they buy, if a GPU has been used for mining extensively. The only option is not to buy them - unless going for a low price perhaps
Is it really the case that Ethereum mining could end within 2 years? If so, I wonder what crypto currency will replace Ethereum for GPU mining?
I guess the main issue for people buying used graphics cards, is they have no way of knowing before they buy, if a GPU has been used for mining extensively. The only option is not to buy them - unless going for a low price perhaps
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This is exactly what I'm trying to say. It wouldn't matter if AMD/Nvidia produced millions of GPU's every month, mining demand will just grow with it, they will buy every single card produced because every GPU they have is extra income. This leaves none for anybody who isn't interested in mining. So until governments make it so you can't make money from mining, this ridiculous cycle will never end.
Soldato
- Joined
- 22 Nov 2018
- Posts
- 2,840
I think it's a great idea to release a new line of graphics cards with firmware that blocks miners.
Obviously they'd have to increase the MSRP of those 'gamer' cards to make it worth there while. Perhaps £50 extra? The higher tier cards could be £100 extra.
It will cost them a lot of money for this firmware update and they aren't a charity. £1 million profit from miners+gamers is no different from £1 million profit from gamers. It would need to be worth there while for a firmware update that slows sales.
Obviously they'd have to increase the MSRP of those 'gamer' cards to make it worth there while. Perhaps £50 extra? The higher tier cards could be £100 extra.
It will cost them a lot of money for this firmware update and they aren't a charity. £1 million profit from miners+gamers is no different from £1 million profit from gamers. It would need to be worth there while for a firmware update that slows sales.
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Is it really the case that Ethereum mining could end within 2 years? If so, I wonder what crypto currency will replace Ethereum for GPU mining?[/QUOTE]
not 'could' - it has to and 'Will' end at some point over the next 18 months to 2 years, ETH GPU will finish. Not Ifs no buts, once its go Point of Stake its game over for GPU mining as we know it unless you get very very cheap electricity. The Cryto world changes soo much, and so fast, for another coin to replace could take a very long time if at all, no one knows yet which is why we need the security of knowing that we can sell back to gamers or else we will all be sitting on worthless rigs that cost many many thousands to make.
not 'could' - it has to and 'Will' end at some point over the next 18 months to 2 years, ETH GPU will finish. Not Ifs no buts, once its go Point of Stake its game over for GPU mining as we know it unless you get very very cheap electricity. The Cryto world changes soo much, and so fast, for another coin to replace could take a very long time if at all, no one knows yet which is why we need the security of knowing that we can sell back to gamers or else we will all be sitting on worthless rigs that cost many many thousands to make.
The key Ethereum development phase is 1.5, which is when Ethereum will switch from the PoW to PoS blockchain (algorithm). I suppose a lot depends on progress with phase 1, if it's completed by the end of 2021, a transition to 1.5 in 2022 seems very likely.
More detail about phase 1.5 here:
https://ethereum.org/en/eth2/docking/
More detail about phase 1.5 here:
https://ethereum.org/en/eth2/docking/
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Yes I believe that are going to run a Hybrid POW/POS model for some time while testing. In order to become a ETH 2.0 validator you will need to mine 30 ETH which is a lot or join a pool so the rush is on....honestly 3060 ti & 3080 cards are like a drug to us miners we cannot get enough of them at the moment!
Probably not, but it kicks off a race to the bottom in terms of prices as miner's try to claw back whatever they can of their original investments. It means Nvidia and AMD would have to effectively compete with a much stronger second hand market which would impact retail prices quite strongly. It's happened before, so I think they'll be watching this carefully. Certainly if the current mining bubble bursts as current supply chains clear up it could trigger a very sudden drop in retail sales.
One solution to this might be a change in approach the unified architecture in some way. There was a time when GPUs were only good for rasterisation and nothing else. That changed with the GTX 8800 I think.
I might be wrong, but I'm pretty sure Nvidia nerfed the FP64 capability on the GTX 680, which effectively made it bad value for compute purposes.
I might be wrong, but I'm pretty sure Nvidia nerfed the FP64 capability on the GTX 680, which effectively made it bad value for compute purposes.
Fascinating post. So your saying that mining have less of an impact on retail supply in six months, and then flood the second hand market up to a year after that?
Associate
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All of those poor polar bears
Well to get into this game and get and good ROI you need to move now. In 6 months time it starts to become a bit of a gamble unless your goal is to become a stakeholder in eth 2.0. Miner Demand should start drying up by June 2021 and by mid next year or early 2023 when this goes full 2.0 then people will literally be flooding the market with rigs and cards unless theres another POW currency that goes berserk but cant see it at the moment and certainly wont be returning the same sort of profits that ETH is at the moment.
