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Nvidia to limit hash rate of RTX3060 GPU's

FoxEye said:
BTC does not seek to reduce consumption. In fact it seeks to increase it. Nor is producing BTC something I'd class as a "useful/required" activity. Unlike, say, having your groceries delivered. Because you kind of need to eat.
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In every single example we can find, we could find positive and negative examples of ethics, waste, environmental impact etc.

As I have said many many times on these forums, there are always vested interests in everything. By not participating, all an individual does is make himself poorer. Its a shame that the world relies on wealth, but unfortunately it does.

When the day arrives that my life or security is not improved by having more money, I will gladly stop chasing it (and Im not particularly aggressive at chasing it either, compared to many).
 
Think of the meat industry, the amount of damage that can do to the environment, its supply and demand, a lot of people don't want to give up eating meat, at the same time if meat was wiped off the shelves overnight, it wouldn't kill us, the majority would just get used to it, but that would never happen because there is money to be made, money talks, dadada.
 
I think fundamentally, in order to decide whether something is wasteful, you have to know what our purpose is as a species. What are we here for, in this existance?

Tell me that and we can then work backwards to decide how best to achieve it.
 
The problem with thinking about existence is it can be very depressing, to be really critical there is absolutely no point of us existing at all, like is pointless.

Might as well try and get some happiness whilst we're here, the old saying "Money can't buy happiness" is rubbish.
 
From what I've read this isn't a software-only solution; https://twitter.com/bdelrizzo/status/1362619264423747590

Hi Ryan. It's not just a driver thing. There is a secure handshake between the driver, the RTX 3060 silicon, and the BIOS (firmware) that prevents removal of the hash rate limiter.
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I actually think this was probably quite necessary and the clever play. Nvidia will regain some control, make higher margins/profit on mining-only cards and help their OEM partners supply the gaming side of their business (i.e. miners don't buy addon services like GeForce Now or help increase G-Sync sales etc.) as well as avoiding a possible flood of secondhand cards that reduce sales on their gaming cards at some point.

May mean current 3000 models become even more desirable in the short-term.
 
danlightbulb said:
By not participating, all an individual does is make himself poorer.
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By not participating an individual is not burning as much power and not contributing to the problem as much.

danlightbulb said:
When the day arrives that my life or security is not improved by having more money, I will gladly stop chasing it
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That day will never arrive, and in the mean time you're contributing more CO2 to the environment for effectively a chip in an online gambling scheme. I hope it's worth it.
 
Jimmy Weirdarms said:
I hope it's worth it.
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It is worth it, for me, at this moment. Because, Im not rich, and Im not as financially secure as I want to be. Those are the facts. Give me a better system and I will happily take it.

willhub said:
Might as well try and get some happiness whilst we're here, the old saying "Money can't buy happiness" is rubbish.
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Yep. If it was a straight choice between being happy and poor and being unhappy and rich, I would take happy and poor. But, since no one can guarantee happiness in either case, I may as well be rich as it will make a lot of things much easier.

(btw im not rich at all, im actually quite poor. So I think I deserve the chance at making some money just like other people do who don't deserve it any more than I do).
 
Jimmy Weirdarms said:
By not participating an individual is not burning as much power and not contributing to the problem as much.



That day will never arrive, and in the mean time you're contributing more CO2 to the environment for effectively a chip in an online gambling scheme. I hope it's worth it.
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Fella I have solar panels and battery storage. Do you? Let’s not jump on our high horses and pretend environmental issues are the biggest concern.
 
Jimmy Weirdarms said:
They're a massive concern. You aren't typical regardless, and they are the biggest concern with cryptocurrency. BTC alone now uses more power than argentina. It's crazy.
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Do you have solar panels and/or battery storage? Has anyone ever calculated how much energy is being burned by gamers annually? Because you are on shaky ground. How many times have I heard people say I don’t care how much power my gpu uses only that I get the experience I want.
 
Doobedoo said:
Do you have solar panels and/or battery storage?
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Not at present, no. I'm glad for you that you do. That's hardly relevant to the larger picture of energy use for cryptocurrency.

I will get them at some point, I've already been better insulating the house and taking measures to cut down energy use in other ways. What I'm *not* doing is spending extra KWh performing useless calculations to get internet funbux.

You feel free to use your solar energy how you like. I don't believe the majority of miners are in any way green.
 
Jimmy Weirdarms said:
Not at present, no. I'm glad for you that you do. That's hardly relevant to the larger picture of energy use for cryptocurrency.
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So you are not one to be talking in such ways. If you didn’t spend as much on gaming and what not you could perhaps buy some solar panels and actually make a difference.
 
Doobedoo said:
So you are not one to be talking in such ways. If you didn’t spend as much on gaming and what not you could perhaps buy some solar panels and actually make a difference.
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Handwaving and whataboutery.

Useless crypto-thrashing has added whole new countries to the world in terms of power usage, this is objectively a bad thing.
 
Jimmy Weirdarms said:
Handwaving and whataboutery.

Useless crypto-thrashing has added whole new countries to the world in terms of power usage, this is objectively a bad thing.
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No stop deflecting and pretending like you are patron saint of all things holy and ecological. If you can’t be bothered to take some of your hard earned and use it for something that does actually make a difference, then don’t sit there pretending that you are concerned about environmental affairs. That’s the definition of a hypocrite.

Hypocrisy is the practice of engaging in the same behavior or activity for which one criticizes another or the practice of claiming to have moral standards or beliefs to which one's own behavior does not conform. In moral psychology, it is the failure to follow one's own expressed moral rules and principles.
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Doobedoo said:
No stop deflecting and pretending like you are patron saint of all things holy and ecological.
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Well, seeing as that's not something I've done, I can safely ignore what you have to say I reckon. I actually am taking my "hard-earned" and using it to cut down my energy footprint. and even if I wasn't, pointing out that burning more energy and emitting more carbon is *a bad thing* would not be wrong.

In summary :p
 
willhub said:
The problem with thinking about existence is it can be very depressing, to be really critical there is absolutely no point of us existing at all, like is pointless.

Might as well try and get some happiness whilst we're here, the old saying "Money can't buy happiness" is rubbish.
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Like the song says "You're nobody until somebody loves you". I chose to believe that God loves me so that gives me a strong identity and meaning.
 
Hotwired said:
Sounds like there's money to be made... in hacking the driver...
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Not good enough. As NVIDIA have said "It’s not just a driver thing. There is a secure handshake between the driver, the RTX 3060 silicon, and the BIOS (firmware) that prevents removal of the hash rate limiter."
 
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