Nvidia GeForce RTX 30 series graphics cards with cryptomining limiter reportedly coming next month

That’s nvidia’s solution to fix the gpu shortage; a slap on the wrist to miners.

https://www.techspot.com/...ards-cryptomining.html

It states towards the bottom:

Like the RTX 3060, the rest of the GeForce RTX 30 GPU family is expected to receive a similar treatment, as Nvidia reportedly plans to update the whole lineup with new graphics processors featuring anti-mining capabilities -- the kind that can't be bypassed.

We will see how that goes

Since it only applies to Ethereum miners would just do a different coin, but anything helps, hopefully its a actual hardware solution that cannot be bypassed.

Xavier Zepherious
only applies to one type of etherium
there are many coins that use the same algorithm
 
and ETH is changing it's alg to combat Nvidia
 

I agree, too little too late.
AMD had the right idea with the low memory bandwidth and Infinity Cache... Nvidia instead went to GDDR6X with insane power consumption. And now caused themselves drama by trying the mining limiter, failing to prevent sales to miners, and even failing to keep the mining limiter v1 working. But they don't care, look at the money they're making.

Xavier Zepherious
and ETH is changing it's alg to combat Nvidia
 

changing what exactly?
 
afaik it's the opposite, ETH is planning to use proof-of-stake in the future instead of mining.
Also some changes in July that may hurt miners.
 

again with people not reading news stories
 
ETH has forked
 
We have ETH 1.0 moving to ETG and ETH2.0
 
if you Hear any news is that the people working on changing it slightly so that Nvidia detection algorithm misses ETH - like it does with other ETH based coins
there is more than 1 type of coin out there you know
 
as you know it only works on ETH and NOT ANY OTHER COIN
 
which in itself is a FTC/SEC violation because as a company you cannot pick winners and losers making it unfair to compete against other coins
Crypto currencies are legitimate business 
 
they are interfering in a legitimate business model - on an open SDK saying all research and math can be done with our cards with NVIDIA NOT GETTING IN YOUR WAY OF USING the SDK any way you want
then change the game when Someone makes a piece of software thet is so good that one type of market buys up all the cards
thats not the fault of that business.... it's the fault of Nvidia for not having supply - it the fault of Nvidia for not PLANNING on extra production or 2nd having a card specific for this market that is better(preferably enter the ASIC market)  
 
case in point lets say i create a piece of software that improve robots that all the robot manufacturers buy up all the supply of gpus - leaving none for games - along come Nvidia and says nope were gonna gimp your product making all those robots and future robots useless
even tho i as a company played fair and used the product exactly as you asked - using your open SDK to create something even more useful to society= - just because you don't like what I did..... and you did 't come up with it yourself or it hurts your sales to gamers - changing your business model you relied on(even tho you are making more$$$)
... you rake me over the coals and kill my business - that is illegal
 
 
 
id rather them go after industries that are illegal  and make software used in those industries not work first - but NO they do nothing to combat that

Ethereum GeneSys Foundation Has Completed A 'Hard Fork' Of Ethereum to Reclaim Staked ETH 2.0 Coins, And Incentivize The PoW Mining Community On The Blockchain Network

https://www.prnewswire.co...network-301272383.html
 
ETH will be BOTH POW and POS
 
 
This hard fork initiated by the Ethereum GeneSys Foundation, known as the 'Maple Fork', has been undertaken to save the Proof-of-Work community, and to produce a forked coin called Ethereum GeneSys (ETG). The foundation also plans to make future changes to the Blockchain consensus, including those related to significant reduction of gas fees, Proof-of-Work security, as well as performance improvements.
 
Earl concluded "It is not only important to have node diversity based on codebase, but geographically diverse hosting as well. The long term goal is to have Hybrid approach, with both PoW and POS in their respective mainline branches, for all to participate".  
 
 

Where there is a will there is a way. Miners will just move on to something else.

I don't even mine but I can see this is the wrong approach for so many reasons.

I'm skeptical that there will be any impact

you realize ETH is over $(CAN)4k

I predict nvidia might be forced to split their products bringing in the FCC to force them to make products that are aimed for miners, and products aimed for gamers/developers. Get enough petitions/signatures going and people could make an impact.

Pretty sure it won't be efficient a long time, Nvidia doesn't have a real interest about let AMD sell his graphic cards to the miners. It's just marketing ****...

virboi
And theyre based on old tech so its cheap af to produce.

Nvidias stock per share is over $600, and AMD is 85. Says everything.

Good to hear, but won't last long
There is always a way