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Hut 8's 'Ferrari of GPUs'

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firerain
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2022/06/10 05:29:34 (permalink)
https://cryptonews.com/exclusives/hut-8s-ferrari-of-gpus-ready-for-ethereums-pos-move-miner-open-ma.htm
 
Nvidia has been a bad bad boy. 
 
"Ennis says that Hut 8 has got “the Ferrari of GPUs.” According to the VP, US tech giant NVIDIA didn't even allow the company to disclose what GPU model they received, because only three customers got it globally."
 
Nvidia not only does not care about gamers but are doing some really shady deals. Remember that lhr thing. Well guess what it was not to help the gamers. Not only are they selling directly to the biggest mining companies they are selling next level tech. Also lowering the hash rate of hobby miners, so the big mining companies make much more profit then the little guy.
 
This is just a new low, how morally corrupt can you get.
 
On the other hand kind of interesting to see how easy these companies trick the bricks in the wall. All in all you're just another brick in the wall.
 
 
 

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    Cool GTX
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    Re: Hut 8's 'Ferrari of GPUs' 2022/06/10 09:01:43 (permalink)
     
    Nvidia using NDAs until they want press is nothing new - happens all the time with "Gaming GPUs"
     
    is this the same GPU ? Both from from 2021
    Hut 8 Buys $30M Worth of Nvidia's New Crypto Mining GPUs
    NVIDIA sells $30 million of CMP crypto GPUs to Bitcoin mining company
     

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    firerain
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    Re: Hut 8's 'Ferrari of GPUs' 2022/06/10 09:44:13 (permalink)
    Cool GTX
     
    Nvidia using NDAs until they want press is nothing new - happens all the time with "Gaming GPUs"
     
    is this the same GPU ? Both from from 2021
    Hut 8 Buys $30M Worth of Nvidia's New Crypto Mining GPUsNVIDIA sells $30 million of CMP crypto GPUs to Bitcoin mining company
     


    That's not really a problem, but them creating monopolies and monopolies on hash is, and I think its illegal (not a lawyer). I think they sell to 3 companies to have a defense if investigated.
     
    Sounds like its a different GPU. The older cmp gpus where released by nvidia. This one is exclusive to only 3 companies and are under NDA. 

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    Miguell
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    Re: Hut 8's 'Ferrari of GPUs' 2022/06/10 10:04:50 (permalink)
    nvidia never said it cares about gamers.
     
    for very long time now, i am very aware that corporations only care for their profits.
     
    now... selling "special" mining gpu's only to 3 huge mining companies might not exactly be legal.
    ant that detail needs further investigation if true

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    Grey_Beard
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    Re: Hut 8's 'Ferrari of GPUs' 2022/06/10 10:50:08 (permalink)
    More evidence of the Ponzi scheme that is crypto.  BuT tHe EvErY mAn’S FiNaNcIaL fReEdOm!  It’s so obvious now that only brain damaged perspectives don’t see it.  ”I see,” said the blind man as he picked the hammer and saw.



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    revenantx02
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    Re: Hut 8's 'Ferrari of GPUs' 2022/06/10 15:30:15 (permalink)
    Nvidia will screw over anyone as long as they make a buck.
    Sadly that is the way most companies are. Unfortunately AMD and Intel are the only other options, and we all know they do the exact same sort of things.
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    firerain
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    Re: Hut 8's 'Ferrari of GPUs' 2022/06/13 10:57:51 (permalink)
    Grey_Beard
    More evidence of the Ponzi scheme that is crypto.  BuT tHe EvErY mAn’S FiNaNcIaL fReEdOm!  It’s so obvious now that only brain damaged perspectives don’t see it.  ”I see,” said the blind man as he picked the hammer and saw.


    Ok, but what is the other choice, let the banks print worthless paper that supposedly have some imaginary value? Most people are not delusional, powers in control will never give man financial freedom. If this ever happens it game over for them, and they know it.
     
    There are many uses for crypto for one you can sell worthless pictures of apes. Possibilities are endless.

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    aka_STEVE_b
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    Re: Hut 8's 'Ferrari of GPUs' 2022/06/13 11:11:16 (permalink)

     


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    HeavyHemi
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    Re: Hut 8's 'Ferrari of GPUs' 2022/06/13 12:58:21 (permalink)
    https://www.nvidia.com/en-us/cmp/
     
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    Re: Hut 8's 'Ferrari of GPUs' 2022/06/13 13:41:45 (permalink)
    The analogy is stupid. Cryptobros want to make money. Then again, they're into crypto, so they're as stupid as the analogy is. A Ferrari costs you more money than you'll get out of it. I suppose that's about right with GPU mining + electricity bill though.
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    donta1979
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    Re: Hut 8's 'Ferrari of GPUs' 2022/06/13 14:27:32 (permalink)
    Grey_Beard
    More evidence of the Ponzi scheme that is crypto.  BuT tHe EvErY mAn’S FiNaNcIaL fReEdOm!  It’s so obvious now that only brain damaged perspectives don’t see it.  ”I see,” said the blind man as he picked the hammer and saw.


    All that free labor in terms of power/hardware to make this plan a reality as the every day man or woman has served their financial freedom away on a silver platter. 

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