Well I've been making money the same way since I was a teenager, I work for it. So frankly I couldn't care less how they impact mining. The LHR cards will be less sought after by miners and while demand is still going to be very high from gamers, at least we aren't competing with corporations or individual users that have deep pockets and your average gamer is likely willing to pay a lot less than your average miner. So 2nd hand market LHR cards will likely be less inflated and easier to get for your average consumer, if the consumer isn't able to get them directly from a retailer.

robsamples420
let's be honest. there are only about 8-12 months left for Eth mining before Eth moves to Proof of Stake.   This isn't going to drastically effect the "used" market, once Eth moves to POS. as allot of those cards will be dumped onto the used market.  As far as moving to alternative coins.  that's not very likely either as, there isn't any network that could remain profitable once the HASH of eth migrates to it.  
 
none of this solves the underlying problem.  designing a retail/channel system that allows consumers to compete with bots/scalpers/large mining operations.  
 
retailers/aib board partners/nvidia/amd all have a vested interest in meeting the demand of consumers (gamers, miners, ai researchers).  the problem is Scalpers are buying up all the supply and then flipping it at 3-4x MSRP.   that's the problem.  and it's killing the market for PC Gaming.  this will trickle down to Developers and Publishing studios eventually because nobody can build systems to run the latest AAA titles.  
 
Long term, Retailers/Board Partners need a "Direct Buy" w/Verification process to allow people who want a product to be able to backorder and wait.
 
EVGA queue program is a nice effort, but it's woefully under supplied.  the bulk of evga's products goto retailers, not direct evga store sales.  
 
I should be able to buy a card from bestbuy and wait for that card to ship from evga.   not compete with 5 million other people all hitting a website as new inventory stocks.
 
scalpers will cont to hoover up the supply and flip it on ebay as long as they are able to cont to get supply from wholesalers, retailers.

Nvidia is not stupid and they know the market well. What they are doing is really smart for them. They know there will be a dump of gpu's. By making mining only cards they are lessening the flood of mined on gpu's to the gamers. Think about it. If the market is flooded with all kinds of cheap gpus, who is going to spend $999 on a gpu when they can get a used gpu for $200. And there also the propaganda aspect where people who lack critical thinking think that this huge company cares about them. A win win for nvidia. Smart move.

The difference between a gamer and a miner is that - a gamer only needs one GPU or max 2 GPUs but a miner buys as many GPUs as he can because more GPUs = more money. So gamers and miners arent equal unfortunately. Same with scalpers.

so for clarification: does "integrate into the queque" mean that people get a choice if they want to wait for the card they originally applied for or that you will simply get LHR cards if you are in the queque? 

 
I haven't done my research on the LHR cards and how exactly they are limited, but it's likely that people will find a way around the limiter and the GPU market won't change. 

I'm hopeful that it will change availability for the good. Its nearly impossible to get a card, you have to be super lucky. But if they launch lhr, and the "limiter" is broken, it will be exploited by hardcore miners. Those folks with warehouses of miners, buying pallets of cards.

Bora1114

gsrcrxsi

Bora1114
Do people honestly believe that Nvidia took the time to make sure all games, editing software, simulations, etc. are unaffected by the LHR limiter?

 
I'm sure 99.9% of people will be fine with their use cases but talk about getting screwed if something goes wrong in the software ya use. 
 

they don't have to. it only targets the ETH algorithm, and it's mothodology for effecting ETH and nothing else has already been demonstrated with the 3060.
 
you don't have to prove that the square peg doesn't fit in the round hole, or triangle, or any other non-round shape. just that the round peg fits in the round hole.

There is no way to know yet that some part of a different piece of software looks close enough to the eth algo that it gets flagged. The issue becomes an issue when something that is a cylinder fits into the round hole when the hole was made for a sphere. 
 
There has not been enough testing, nor enough time to show everything works correctly. Maybe once LHR cards hit reasonable levels of usage in steam hardware surveys and there are no reports of issues in particular programs than skepticism would no longer be warranted. 
 
 
 

no other workload is close to the ETH algorithm. that's why it's so easy to target and why nothing else is effected. the algorithm is very unique.

Nothing wrong with getting a little extra money out of something that's inactive, as long as energy prices don't offset the profits too much :) I can eth mine with a 3070 while I work. Just gotta turn it off to play a game. Otherwise, it's picking up a few dollars here and there. 

they just get moved to current queues

TheDoctorCMG
I noticed that some reports claim nvidia has no intention of selling LHR founders edition cards. So idk if this means they just aren't going to advertise that they have been changed to LHR, or that they're going to continue selling their current founders edition cards as non LHR variants. Or conversely once the current crop of non-LHR chips are exhausted then the founders edition just ceases to be sold.

It was reported that the non-LHR chips are going to continue to be manufactured.  So, I would expect non-LHR chips to continue to be sold.

Actually got a 3070 in cart on Canada Computers, no account so it was gone before I had any hope of checking out. 
 
Crypto is way down over the last 10 days, but Ethereum is up big from Bitcoin vs. a month ago, so that still makes GPU mining red hot. 
 
Secondary market GPU prices are down at least 10% though.

Looks like 3080 prices might be down 20% off their current peak, $2.5K vs. $2K, to around the level they've been at for the past 3 months.  Straight ROI for a $2K 3080 at the current payout rates of $8.50 per day is about 230 days.  So figure rates would have to drop to under $2 (ETH ~$500) before scalping prices became minimally influenced by mining.

I love how people think splitting the market is going to help with supply shortages, resulting in nothing but double dipping the consumers and causing a bigger silicon shortage, haha people are such suckers.

Hmm yeah, I guess it remains to be seen where it's all going

mcarterstoner
It's actually amazing to watch the wild swings in wealth for some of these people. Hundreds of millions of dollars wiped out in a day /smh

Or the other way around in not that much longer period of time.