Nvidia to limit hash rate of RTX3060 GPU's

[KompuKare]

As has been mentikned before RTX3000 cards are for games, as long as games are not effected Nvidia can do whatever the hell it wants, they never promised you anything but gaming performance - by using the card for something other than games you are using it outside of its advertised and intended use so you take all risk

That's taking it a bit farther than even Nvidia would be willing to segment the market though.
GeForce cards run CUDA, maybe not at full speed compared to Quadra due to strategic fuse blowning (and occosionally yield binning) so disabling that would be counter productive for Nvidia.
Ditto video encoding / decoding.
These are not crypto workloads though, even if distributed compute workloads (F@H etc.) might be similar.
Isn't the ASIC resistance of ETH mostly due to memory speed, halving the bandwidth or running memory at desktop speeds when (if) the drivers detect crypto might work.
On the fly detection might be tricky as they wouldn't want to hit some shader routine in a game whose workload resembles crypto hashing.
Don't some of these hash function involve bit shifting, or similar? In other words things a game engine might actually need to do.

 

[shamus21]

Quite a few people who had high-paying city jobs left them to go live in the mountains (you know what I mean, here; I'm not being 100% literal).

Once your basic needs are met, and you have a few options for recreation/entertainment, the drive to make more money can end up being a snare. A lot of people suddenly realise that money isn't making them happy at all.

People have ruined their own lives chasing money. I'm sure that's not too contentious.

It's funny/sad/depressing seeing people scramble to make a few quid a day as tho not doing so would be a serious error of judgement.

I also look forward to a serious governmental review of the environmental cost of mining. And also throwing the regulatory book at the whole crypto industry.

(People have ruined their own lives chasing money. I'm sure that's not too contentious.) What they do with their own life's is up to those individuals the real problem is when their actions impede on others life's.

 

[bigmike20vt]

Quite a few people who had high-paying city jobs left them to go live in the mountains (you know what I mean, here; I'm not being 100% literal).

Once your basic needs are met, and you have a few options for recreation/entertainment, the drive to make more money can end up being a snare. A lot of people suddenly realise that money isn't making them happy at all.

People have ruined their own lives chasing money. I'm sure that's not too contentious.

It's funny/sad/depressing seeing people scramble to make a few quid a day as tho not doing so would be a serious error of judgement.

I also look forward to a serious governmental review of the environmental cost of mining. And also throwing the regulatory book at the whole crypto industry.

I think moderation is the key here
Money may not buy you happiness always but equally not having enough sure makes life stressfull.
Due to a combination of luck, help from parents and hardwork I am comfortable and right now have a reasonable buffer to not worry about cash to much.
For me this bitcoin is a bit of fun. I get the same buzz as going to the casino is or playing fruit machines is for some.... But this game isn't rigged.

But I remember as a child hiding behind the sofa with my mum when the coal man came for his money because she was skint (he always got paid in the end)
I remember cutting trees down with my dad for the local farmer as well as working as a farm hand. Dad didn't get paid but got to keep the wood and free access to shooting on his land so we had meat for Sunday lunch.
It all worked out in the end but the whole "money doesn't make you happy" always rings false to me. And that is in UK where we get decent health care for all. Add in having to pay for medical and not having money is terrifying.
As for mining .., it can be wasteful but doesn't have to be..... The only waste isnheat so if that heat is used instead of Central heating or to warm water cylinder then that is actually cleaner than burning gas fired central heating.

I don't have such a system as it's just 1 GPU in my gaming rig ... But it still has meant no heating my games room for last week (when I started).
IF I was gonna go big with it tho with a multi GPU miner I absolutely WOULD set up a waste heat recycling system (central heating in winter through more of the house and always fancied a hot tub... But can't justify the wasted electricty...... But if it was waste heat from a.mining rig.........).

Things are not black and white imo

 

[Dontrocktheboat]

Well at least Nvidia is trying to do something. Its recognised the problem, and is doing something about it.
And 3060 will be the most popular card out there thats available to the "general public". So fair play.

Will it work? Will people by pass it?

Probably...but..it will not be easy or quick and that should leave 3060 some breathing room from the relentless miners.

 

[McPhee]

Huge difference in those scenarios. Yes, many useful/required activities have a carbon cost.

1) Most industries are trying to reduce consumption (energy/carbon/etc).
2) BTC energy usage will increase (exponentially?) by design (read the other day it's increased 800% in 2.5 years).

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.

How much of a typical driver's annual mileage is necessary/useful? What's the carbon footprint of the remainder, factoring in not only the tailpipe emissions, but the emissions from mining, refining, and transporting that fuel? There's only a "huge difference in those scenarios" if you assume all mileage is necessary/useful.

The same argument could be applied to other aspects of daily life. Is it necessary/useful to have heating on? Yes. But at what temperature and for how long? As a society, we waste an immense amount of energy through inefficiency and over-consumption. But it is "normal" and therefore ignored. The environmental argument around mining is nothing more than an argument of convenience, jumped on by disgruntled gamers.

Also worth noting that electricity isn't inherently dirty. It can be produced with very low life cycle emissions. And these forms of generation are quickly becoming the cheapest means of producing electricity. Given mining is relatively power intensive, it wouldn't be unreasonable to expect mining to move faster than average over to renewable. Taking that to the extreme, heating a house using renewables-powered mining rigs would significantly lower CO2 impact than gas central heating (interesting bit of trivia for you here: electric heating is now more carbon-efficient than gas on the UK average electricity mix).

 

[stuman]

Well, I hope they adjust their prices to reflect the part of the market that can swallow the ridiculous prices of GPU by mining away some of the cost.

they will also need to make the mining cards cheap as well as there is no return on the GPU when they come to sell.

I can’t see it happening though as this is a marketing ploy through and through.

what they should have done is run a portal where there is only 1 card per address through the nVidia website, you can select AIB partner cards etc if you want but the only place to buy is through them.

eventually after the rush has subsided then can release to the general populous. It will upset retail outlets.

just hope AMD don’t pull the same stunt. (And sort out their ray tracing)

 

[Woodsta888]

https://www.theguardian.com/games/2...software-puts-brakes-on-mining-cryptocurrency

 

[Dontrocktheboat]

I love how Mr Musk gets great praise for his electric clean cars and then dumps his profits into dirty criptocurrency business .

Which is mostly mined usung dirty cheap coal power stations. Irony has no bounds.

 

[Aretak]

The mining nerf is not just driver related, it's a silicon and vbios level change and kope says all SKU are going EOL for replacement- meaning all RTX3000 card will get mining nerf if you buy a new card, old card will have high hash rate

https://wccftech.com/nvidia-says-it...current-ampere-turing-gpus-remain-unaffected/

That'd be nice. Current owners can upgrade to a shiny new non-mining version and sell their old card to a miner, since they'll be in even higher demand.

 

[Jono8]

Quite a few people who had high-paying city jobs left them to go live in the mountains (you know what I mean, here; I'm not being 100% literal).

Once your basic needs are met, and you have a few options for recreation/entertainment, the drive to make more money can end up being a snare. A lot of people suddenly realise that money isn't making them happy at all.

People have ruined their own lives chasing money. I'm sure that's not too contentious.

It's funny/sad/depressing seeing people scramble to make a few quid a day as tho not doing so would be a serious error of judgement.

I also look forward to a serious governmental review of the environmental cost of mining. And also throwing the regulatory book at the whole crypto industry.

Thing is, who are you to judge what people find fun and use resources on?

If people enjoy mining and trading crypto and make money from it , why is that so terrible?

I could just as easily state any number of pointless things that people do as hobbies/recreation/side hustles are a waste of resources.

Why do we need a billion videos on YouTube demonstrating how to do a push up or a dumbell curl, for example? We don't. We need one. However, everyone is trying to make revenue from youtube ad money so we end up with tons of them.

People moaning about crypto need to get a sense of perspective. It isnt "wrong", just because you don't enjoy it or want to take part in it.

 

[Hedge]

I doubt many people here will even want a 3060 anyway. I imagine it performs like a gtx1080 and then does a crap job at raytracing anyway. The appeal of the 3060ti is that it can mine to make it cheap.

 

[willhub]

I think a 3060 will be 2070 Super level speed

 

[bemaniac]

This news means I can sell my 3090 for £2750 to miners next month and buy a new non mining locked 3090 for £1399 right?

 

[willhub]

They're not locking all 30 series just 3060

Oh just seen the link above, interesting, the value of the new 3080's will tank compared to the older ones second hand value wise.

 

[PeegeeTips]

they not locking existing products, they're starting to do so with the 3060.

we all know the 3070/3080 are not long for this world, with new GA102 sku's arriving shortly...

 

[FoxEye]

Thing is, who are you to judge what people find fun and use resources on?

If people enjoy mining and trading crypto and make money from it , why is that so terrible?

I could just as easily state any number of pointless things that people do as hobbies/recreation/side hustles are a waste of resources.

Why do we need a billion videos on YouTube demonstrating how to do a push up or a dumbell curl, for example? We don't. We need one. However, everyone is trying to make revenue from youtube ad money so we end up with tons of them.

People moaning about crypto need to get a sense of perspective. It isnt "wrong", just because you don't enjoy it or want to take part in it.

Crypto mining is projected to use as much energy as 1/2 of the whole EU in ~3 years time (at current rates of growth).

That's what's "wrong". PoW crypto seeks to use as much energy as there is available.

I honestly don't care what you do for a hobby.

And the fact that other things use energy is neither here nor there. In the case of crypto, people are literally being paid to burn energy - and that's it. There's nothing more to the story. People are being paid to just burn energy and watch it drift into the sky. By design.

It's hard to see that as anything other than a total disaster.

e: What crypto is/embodies, is a demonstration that we don't care about our energy usage. We don't even care what energy is used for. We just want to burn through resources as fast as we can.

 

[Jono8]

Crypto mining is projected to use as much energy as 1/2 of the whole EU in ~3 years time (at current rates of growth).

That's what's "wrong". PoW crypto seeks to use as much energy as there is available.

I honestly don't care what you do for a hobby.

And the fact that other things use energy is neither here nor there. In the case of crypto, people are literally being paid to burn energy - and that's it. There's nothing more to the story. People are being paid to just burn energy and watch it drift into the sky. By design.

It's hard to see that as anything other than a total disaster.

e: What crypto is/embodies, is a demonstration that we don't care about our energy usage. We don't even care what energy is used for. We just want to burn through resources as fast as we can.

But you are overlooking all the other technically pointless and arbitrary hobbies and side hustles that use a ton of resources. Why not just shut all them down too ?

 

[Lightnix]

And the fact that other things use energy is neither here nor there. In the case of crypto, people are literally being paid to burn energy - and that's it. There's nothing more to the story. People are being paid to just burn energy and watch it drift into the sky. By design.

When you put it like that it just reminds me of the cash-for-ash scandal in NI. Who they think they are: Elon Musk. Who they really are: Arlene Foster.

 

[FoxEye]

But you are overlooking all the other technically pointless and arbitrary hobbies and side hustles that use a ton of resources. Why not just shut all them down too ?

But which other single hobby is on course to use 1/2 of the whole energy use of the EU in 3 years?

Scale is important too.

Which other hobby is designed to use the maximum amount of energy we can generate and make available?

 

[Woodsta888]

But you are overlooking all the other technically pointless and arbitrary hobbies and side hustles that use a ton of resources. Why not just shut all them down too ?

Most other hobbies have an element of fun / well being reward.

I saw in Iran where 'leccy' costs 5% of what it does in the UK, one mining farm uses 175kW! And mining has been the cause of energy blackouts there.