Nvidia RTX Discussion

minitrue wrote: »

Ethereum is far more relevant to the gpu situation, it's down about 11% from it's peak on Friday but still higher than anything seen before April 13th and has also recovered about 7% from it's low yesterday. I'd guess it needs to drop a third or a half or probably more from where it is now to have enough gpu miners dropping cards to make any noticeable impact on the gpu market.

Although it is impossible to predict, when EIP 1559 comes in to place in July miners will probably earn 1/3 less Ethereum from mining. But it will also make the coin more scarce so this could drive the price up and mining may stay very profitable.

Lower BTC can also benefit GPU miners, if the Ethereum price remains high. You get paid in BTC, but mine ETH, so if BTC drops and ETH doesn't, you get more BTC. If the price goes back up, happy days!

Retr0gamer wrote: »

Yeah. I looked up the doge coin value as well since it had jumped so much but its worth so little that a massive percentage jump still means it's worthless

But all Crypto are inherently worthless, technically speaking,as you always need to exchange them with something else, pretty much like fiches in a Casino, and their exchange rate is so utterly volatile that you can't really hold any for very long.

If anything, the "joke" nature of Dogecoin manages to fully expose the the whole Cryptocurrency market as very little more than gambling, where the value of so-called "assets" is heavily influenced by things such as Twitter posts by celebrities and egomaniacs.

Anyway, I find it utterly sad that this bullsh1t about "crypto" appears more and more in a forums that are supposed to be about computer hardware as a hobby

H3llR4iser wrote: »

But all Crypto are inherently worthless, technically speaking,as you always need to exchange them with something else, pretty much like fiches in a Casino, and their exchange rate is so utterly volatile that you can't really hold any for very long.

If anything, the "joke" nature of Dogecoin manages to fully expose the the whole Cryptocurrency market as very little more than gambling, where the value of so-called "assets" is heavily influenced by things such as Twitter posts by celebrities and egomaniacs.

Anyway, I find it utterly sad that this bullsh1t about "crypto" appears more and more in a forums that are supposed to be about computer hardware as a hobby

I managed to ngaf about it for nearly a decade. Glad I never got into it at the beginning because I'm the kind of person that still thinks of and regrets unimportant things I did or said decades ago. I can't imagine what I'd feel like if I bought 100 Bitcoins in 2011 for €100 and spent it on Domino's Pizza ('Worth' nearly 6 Million Euro at its peak) Its paradoxical really. Bitcoin is just a giant Ponzi scheme if its not actually used as a currency but the people who actually 'used' it as intended in the early days are all likely experiencing various degrees of regret.

That said, I'm paying attention to it now because its one of the reasons GPU prices are so high and so hard to come buy. I've managed to get my hands on a RTX3090 in a prebuilt only 3 weeks after ordering but paid a hefty Premium (though not outright scalper prices). The old adage, "If you can't beat them, then join them", now has me researching Crypto-Mining to help pay off the high price of this PC. :rolleyes::rolleyes:

I'm shifting my discussion and questions about from here away to the relevant forums on boards and reddit because I can see and totally understand why many don't want to hear it. Laughed when a Regular poster over on the Crypto forum was warned not to post about some mining rigs he was selling over here as he'd likely get eaten alive

Samuel T. Cogley wrote: »

Cancelled

Same. What a pain

viperlogic wrote: »

Same. MSI canceling that particular card it appears from some threads online

harmless wrote: »

MSI have canceled production of the gaming x trio and replaced it with the gaming z trio.
The only difference is the z has a metal back plate and likely a more appropriate price for the current market.

This will force retailers to cancel all pre-orders on the x that were ordered at a lower price.

MSI have some good engineers working for them but some real scumbags in the sales and marketing departments.

GDDR6 runs hot, the metal backplate is a good idea but if there wasn't the current shortage it would be a free upgrade rather than something that is considered a new product.

errlloyd wrote: »

DLSS now on warzone. Should help anyone trying to eeek more frames.

Warzones dynamic resolution setting worked great for that already. Make sure the gpu is set to handle any scaling as well rather than the monitor.

Great tech and barely noticeable that it's running at a lower resolution at times. I'm sure DLSS will make that even better.

No amount of fps is going to make up for warzones issues though.

They had a 6700xt on Scan which I was able to buy... but I didn't want to. It was near 700 euro, and that's without import fees.

Ya HBM on the Radeon 7 and the fact it's architecture is based on the same architecture as compute GPUs make it a tank for crypto.

I guess that there just isn't enough AMD cards being made because of TSMC running at max capacity. Pretty sure their percentage GPU market share of this generation cards was wayyyy lower than Nvidias according to steam hardware survey and most of those GPUs should be belonging to gamers because as you said, they're kinda crap for mining

Mining is now more profitable than ever. 12-15 euro a day on a 3090 ffs!

Calibos wrote: »

I'll miss out on nearly €100 in mining profits in that week though!! :mad::mad: LOL :D

Don't worry about the fiat price, it's down 12% since this time yesterday bringing it back to where it was on Wednesday.
My goal is no longer a dollar value I just want 1 Eth, I'm at 0.65 since mid January.

I plan to hold for a few years. Eth has many changes planned in the coming years it will make or break it. I think it's worth the gamble.
If you're doing it short term then cashing out early is fine. Also if you don't like what Eth has planned look into other coins and exchange the Eth you mine for that. There are thousands of coins and probably only room for a small number to be successful long term.

Let's see where it's at when the next batches of cards with the mining limiters arrive. Miners generally seem to be ok with paying up to 6-8 months worth of mining profits for a card. The cards will still be in demand for mining, but I would expect the premiums to go down a bit (assuming sufficient supply).