• Breaking News

    Sunday, May 2, 2021

    Home Unlabelled Hardware support: TSMC Uses AMD's EPYC Chips to Make Chips

    Hardware support: TSMC Uses AMD's EPYC Chips to Make Chips

    May 02, 2021

    Hardware support: TSMC Uses AMD's EPYC Chips to Make Chips

    TSMC Uses AMD's EPYC Chips to Make Chips

    Posted: 01 May 2021 11:26 AM PDT

    [TechTechPotato] The True Cost of Processor Manufacturing: TSMC 7nm

    Posted: 01 May 2021 01:51 PM PDT

    This Modder Stuck a Wii Into a GameBoy Advance SP

    Posted: 02 May 2021 01:46 AM PDT

    Where are we likely to head after the 2nm or 1.4nm node?

    Posted: 01 May 2021 10:33 AM PDT

    What exactly is the plan (if any) after we reach the limits of shrinking the node? Is it likely to go past 2nm or 1.4nm? And if so where to? And what is the plan after we reach the limits of shrinking?

    submitted by /u/Lost4468
    [link] [comments]

    AMD Frank Azor Interview | FidelityFX & PS5 & Xbox Impact, Future CPU & GPU Goals & Radeon Drivers

    Posted: 01 May 2021 09:54 AM PDT

    Unpopular opinion: Don't count on light at the end of the tunnel, it could just be more tunnel

    Posted: 30 Apr 2021 09:06 PM PDT

    I don't want to be a downer. I really don't. I'm not a full-blown miner anymore, I went through this before with a 6x 580 Rig back in 2017. I experienced the "wide crash and dump". I understand everyone is hoping for another crash, but I don't believe this is it.

    TLDR:
    The reason GPU's were dumped in 2018 is because crypto crashed, not because a coin went POS.
    Miners will search for the next profitable coin and are willing to sit on their hardware until another profitable coin starts to grow.
    In order for GPU's to be dumped, either Ethereum's POS has to fail, leading to a crypto crash, or another coin has to not be profitable for a duration of time where miners get desperate and dump their cards.

    Let me explain, this is in response to this post called "Light at the end of the tunnel" which claims that Ethereum is turning off mining at the end of 2021.

    I'd like to offer a rebuttal, that's not in defense of cryptocurrency, because I don't care about cryptocurrency at all. In fact, I sold off most of my crypto when the price was favorable and have no intention of holding it, basically ever. I will always look at it as a volatile "buy low, immediately sell at medium or better" money making device.

    I won't get into the technology, I've read enough about it and I'm an engineer, I know the gist of the technology. I'm not here to talk about that. I'm here to talk about why ethereum not being mineable will not necessarily mean a mass sell-off of GPU's.

    First, let's take a look at history:
    The Crypto Crash of 2017/Early 2018
    Back in December 2017, BTC was at the peak of a massive bull run. It reached (at the time), comically high valuation of nearly $20k. This lasted about a week, maybe a little less than a week before it came tumbling down. It got so bad, that Reddit admins on any cryptocurrency or finance related subs put out suicide hotline stickies. I personally know a few people who bought in late and went through serious depression afterwards. "I told you so" didn't seem appropriate at the time, but I did warn them, don't buy on the bull unless you're ready to hold for a long time and through very stressful high/lows.

    This led to a mass sell off of GPU's in end of January, early February 2018. HW Swap and Ebay was flooded with hundreds, thousands of 1070's, 1070 Ti's, 1080's and 580's.

    People remember that part. We laugh about it. We drink to it. It was good fun. I myself secured a 1070 Ti for around $275 at the peak of the GPU sell-offs.

    People inevitably relate this mass sell off to the upcoming changes to the Ethereum blockchain and say, "Just wait, they're going to mass sell off GPU's!"

    First, let's talk about why the last GPU dump happened:
    Ethereum was still mineable during the last sell off. So whether or not Ethereum can be mined has no impact on the price drop of GPU's back then. So why was Ethereum still able to be mined but GPU's were mass sold off?

    Because the profitability of a GPU mining Ethereum was so low that it was better to spend the electricity costs on buying Ethereum directly.

    That's the real reason. The only reason was because mining rig owners wanted to capitalize on the value of GPU's and get out quick, fearing their GPU's would hit rock bottom in secondhand value. They wanted to either return the GPU cost back to their initial investments for the GPU's to essentially get all the Ethereum/gains they made free, or they turned around and invested it into more cryptocurrency.

    In order for GPU's to be dumped when Ethereum merges 1559 or goes full POS by the end of 2021, you need one of two realities to exist. Without either of these two realities, GPU's will not be dumped.

    There needs to be no alternative coin that can be mined on GPU's, that will be more profitable than the electricity cost or the value of the GPU to mine it over the course of 1 calendar year.

    Basically, if any coin is available that's even profitable $100 a month on a 3080 after electricity cost, people will hold their cards. Period. They'll mine that coin, in hopes that the network growing will lead to the coin being worth more. (In general, as a coin becomes more difficult to distribute, the value increases to a point)

    The alternative is, that if for some reason the crypto market crashes again due to Ethereum going POS/not being mineable, GPU's will be dumped.

    Basically, if we get another crypto crash like in early 2018/end of 2017, then you'll see a mass sell off. This one is obvious, can't mine ethereum anymore, and all coins, including those that could be mined with a GPU will be worth dirt. People will sell off to try to get their investment costs back asap.

    Here's the thing though, the second reality could backfire on us. If Ethereum going POS fails, then it will be evidence that POW is still a better alternative if cryptocurrency is going to continue to exist/be a viable tech. Any other growing coin that can be mined, will stay POW even when the value and energy cost is ridiculous (Look at BTC, perfect example, it's completely worthless from a tech standpoint and it's still worth 30x Ethereum, and even now Antminers are chugging away to make more of it).

    I honestly hope GPU's get dumped into the market. The best case scenario would be Ethereum's POS is successful, and other coins follow suit and start migrating to a POS consensus protocol. But this will take time to realize. What will most likely happen, is some other coin that's mostly been in the shadow of Ethereum for years, that also has a plan or is considering to move to POS eventually, will rise in popularity like Ravencoin.

    Lastly, don't count on GPU's reaching some "sub MSRP" floor. Even at the peak of the mining dump, a lot of 1070 Ti's were going for fairly close to MSRP.
    If you search through HardwareSwap, you can find examples of GPU farms, where basically 1080 Ti's went for between $550 and $600 and 1070 Ti's went for between $375 and $450. And be careful too, there were a lot of scammers at the time too. Hardware Swap became a wild wild west for scam posts, PayPal disputes, boxes of rocks. Some times there were deals, but they weren't commonplace. Just like the famed "$450 2080 Ti" after the 3080 announcement. It happened a few times, but it definitely wasn't common or the average price.

    Edit: so what should I do?
    First off, don't pay MSRP for a used GPU that was mined on for months. Babied and under-bolted or not. If GPU's start being sold off by miners, this means new units won't be snatched by them. So try to get yourself a new in box one after MSRP adjusts. Pay what they're worth and not what they were inflated to.

    Second, don't sit on the fence because of some arbitrary hypothesis about a GPU market crash. If you have money for a GPU and have a chance to buy it for MSRP, buy it. The same "buy when you need and don't worry about releases/price changes in the future" advice applies here. If you get a chance to get a 3080 for a price you want to pay, jump on it, or you might regret waiting if this fictional "sell off" doesn't happen.

    Lastly, focus on what you can control. Don't look at EBay or HW Swap if 3070/3080 being sold for $1500/$2200 upsets you. Keep that out of sight out of mind. Best thing you can do is not participate. Create your wish list, check when you can, play games on console or other systems or explore other hobbies. When you have a chance or when it's time to check stock or when a restock happens, deal with it at that time. But don't sit around and stew in anger over this... it's unhealthy. You are more important than a GPU. Take care of yourself first.

    submitted by /u/sonnytron
    [link] [comments]
    Read more
    at

    No comments:

    Post a Comment