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(minor) "Nvidia reports record sales"

Roman_K2Roman_K2 Posts: 1,268
in The Commons

Page one tidbit from the Wall Street Journal last week.

Comments

  • WendyLuvsCatzWendyLuvsCatz Posts: 40,085

    ...and most of it either crptomining or social isolating families playing Fortnite

    not a render in sight crying

  • kyoto kidkyoto kid Posts: 41,857

    ...I was hoping people had lost interest in the former as it became a case of diminishing returns after most cryptocurrencies began to decline in value.and some even went bust.

  • kenshaw011267kenshaw011267 Posts: 3,805
    kyoto kid said:

    ...I was hoping people had lost interest in the former as it became a case of diminishing returns after most cryptocurrencies began to decline in value.and some even went bust.

    Cryptomining isn't really a thing on dGPU's any more. People still do it of course but the Chinese "entirely legitimate businessmen" who were filling entire warehouses with cryptomining rigs aren't. The cost, even at the dirt cheap electricty and labor costs they had, are higher than they make running the rigs. These current shortages are not a result of cryptomining. This is simply too much demand and too little supply mixed with really scummy people running bots the etailers cannot be bothered shutting down.

  • kyoto kidkyoto kid Posts: 41,857
    edited November 2020
    kenshaw011267 said:
    kyoto kid said:

    ...I was hoping people had lost interest in the former as it became a case of diminishing returns after most cryptocurrencies began to decline in value.and some even went bust.

    Cryptomining isn't really a thing on dGPU's any more. People still do it of course but the Chinese "entirely legitimate businessmen" who were filling entire warehouses with cryptomining rigs aren't. The cost, even at the dirt cheap electricty and labor costs they had, are higher than they make running the rigs. These current shortages are not a result of cryptomining. This is simply too much demand and too little supply mixed with really scummy people running bots the etailers cannot be bothered shutting down.

    ...in a way that's good to know.  Back in the Pascal days it got downright ridiculous, you ended up paying almost double for a GPU card then (if youu could even find one).  I was seeing "buy it now" prices for 1070s around 1,000$ on eBay

    Post edited by kyoto kid on
  • NylonGirlNylonGirl Posts: 2,209
    kyoto kid said:

    ...I was hoping people had lost interest in the former as it became a case of diminishing returns after most cryptocurrencies began to decline in value.and some even went bust.

    I really wanted Dogecoin and Coinye to become mainstream.

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