[HN Gopher] GeForce RTX 3060 Ethereum Mining Restrictions Have B... ___________________________________________________________________ GeForce RTX 3060 Ethereum Mining Restrictions Have Been Broken Author : optimalsolver Score : 143 points Date : 2021-03-16 12:03 UTC (10 hours ago) (HTM) web link (videocardz.com) (TXT) w3m dump (videocardz.com) | ccmcarey wrote: | There's also the fact that a few days ago Nvidia released a | signed driver that disabled the restrictions [1] _by accident_. | But now that the signed driver is out, anyone can just revert to | that at any time and mine whatever they want. | | Fantastic failure to a flawed endeavour. | | [1] https://www.theverge.com/2021/3/16/22333544/nvidia- | rtx-3060-... | Shadonototro wrote: | i'm pretty sure they did this to prevent a class-action lawsuit | | limiting a product after a purchase, i'm pretty sure this is | illegal | etrautmann wrote: | I'm curious how this is different from shutting down a paid | service or removing software features. Seems like there's a | large grey area. | mschuster91 wrote: | > limiting a product after a purchase, i'm pretty sure this | is illegal | | NVIDIA announced this limit _prior_ to public availability | and it made widespread news, meaning everyone who bought a | 3060 could reasonably be expected to know about the | restriction. No chance for a class action. | Shadonototro wrote: | source? | mschuster91 wrote: | A month ago on HN, for example (a couple dupes were | merged into that iirc): | https://news.ycombinator.com/item?id=26180260 | Scoundreller wrote: | > could reasonably be expected to know | | I'd wager I know about 1% or less of how restricted 99% of | what I buy is. | | There's probably some term or condition on my water bill | saying I can't export it to Cuba or use it to moderate | nuclear fission. | nikanj wrote: | I'm quite surprised if there isn't a binding arbitration | clause somewhere, which blocks class actions | belltaco wrote: | Plus Nvidia can offer a full refund of the MSRP, fully | knowing that even used cards go for more. | chunkyks wrote: | I have my cheque from Sony for OtherOS class action sitting | on my desk. The cheque is dated 09/16/2019 [nine years after | OtherOS was disabled via firmware], and it's for three | dollars and two cents. | aeruder wrote: | Still makes me mad. I bought a device that plays PS3 games | and runs Linux and then Sony said I have to choose. | floatingatoll wrote: | They can just revoke the signature, right? | __s wrote: | Only if network access can access revocation | tracerbulletx wrote: | cool cool cool. I never wanted a new video card anyways. | HugoDaniel wrote: | This could drive the bigger question of the feasibility of | hardware imposed restrictions. | ohiovr wrote: | That took longer than I thought it would. | CivBase wrote: | Hopefully they give up on the idea for future cards. NVIDIA | shouldn't decide what I can do with my GPU. | GuB-42 wrote: | That's the same idea as for GeForce/Quadro. Gaming GPUs are | crippled so that they work poorly with professional software | (ex: CAD). | | AMD does the same thing with Radeon/FirePro. | | I don't expect Nvidia to give up on that. And to be honest, for | me personally, it is a good thing. I don't mine and I don't | CAD, having GPUs unavailable for the former and overpriced for | the latter results in more affordable prices for myself. | Voloskaya wrote: | "The GPU maker seemed confident that its restrictions couldn't be | defeated, even claiming it wasn't just a driver holding back | performance. "It's not just a driver thing," said Bryan Del | Rizzo, Nvidia's head of communications, last month. "There is a | secure handshake between the driver, the RTX 3060 silicon, and | the BIOS (firmware) that prevents removal of the hash rate | limiter.""[1] | | Funny how it turned out to just be a driver thing. | | [1]: https://www.theverge.com/2021/3/16/22333544/nvidia- | rtx-3060-... | viraptor wrote: | I don't think the comment was wrong. The driver is limiting the | rate and the card validates you're using a signed driver. It's | still the whole protection system, not just the driver. | | I.e. you couldn't update the driver yourself. That relevant | "hack" seems to be the official beta/development driver without | the restriction. (The other solutions don't modify anything) | optimiz3 wrote: | How would the card validate you're using a signed driver? The | card only sees what the driver sends it, so presumably the | input could be spoofed. Also the card is not the root on the | system's TPM. | | Usually it's the reverse - normally drivers validate that the | card's firmware is signed. | | As an example, people would hack AMD Polaris card firmware | memory timings for better mining performance. | | To do so you needed to disable the firmware signature check | in the AMD driver, and to do this you needed to disable the | driver signature check in Windows. | chris37879 wrote: | Yeah, people seem to forget those mining GPUs that were | released specifically to prevent their resale in the | aftermaket gaming community that people still managed to | get to output video _despite the cards lacking physical | ports_. They did it with a modded driver. | brokenmachine wrote: | Sounds interesting. Any link for info about this? | kaszanka wrote: | Is it some Looking Glass [1] kind of thing, or did they | add physical ports to some unused traces or something? | | [1]: https://looking-glass.io/ | viraptor wrote: | I did rely on the assumption that some check exists. Of | course it could be spoofed, but that could be hard enough | to require reverse engineering the whole driver to figure | out. Or the limit could rely on the identification done on | the card itself and sent back. | | Either way - my point is, we don't have enough details to | say the original description from nvidia was wrong. | lupire wrote: | > "There is a secure handshake between the driver, the RTX 3060 | silicon, and the BIOS" | | What does this person think "driver" means? | serf wrote: | >Funny how it turned out to just be a driver thing. | | sort of makes one wonder how many whizz-bang hardware features | get advertised that are little more than just software, but are | oversold as unique physical engineering methods/techniques. | deaddodo wrote: | Reminds me of how every modern silicon has a "cutting edge, | future technology" neural network built into. | | Then you notice the asterisk and realize it's just an | accelerator (usually just a few instructions with some | dedicated logic) and all the NN is still in software. | elcomet wrote: | And you notice the NN software doesn't even use the | accelerator half of the time | bitL wrote: | You meant NVidia Quadro/Titan workstation performance? | DaiPlusPlus wrote: | I understand that pretty much the only difference between | $3000+ "professional" GPUs that get certified for AutoCAD and | other workstation systems are identical to $1000 "gaming" | GPUs, just with a different on-card BIOS/firmware and | e-fuses. I remember ages ago that people were able to simply | re-flash their ATI Radeons into FirePro cards and that | unlocked higher performance in some applications. | | Same thing with Cisco switches for port-unlocks and Tesla | cars (EAP and FSD are just software features, assuming you | have HW2+, and rear heated seats are standard, just not | activated unless you pay to enable it if you didn't get the | cold-weather package when you ordered it). | taf2 wrote: | sorta similar to cars that can get over the air updates and | suddenly accelerate from 0 60 faster then before... | Sohcahtoa82 wrote: | Yeah, little known fact. The Tesla Model 3 Performance | and the Model 3 LR AWD _have the exact same batteries and | motors_. There 's literally nothing stopping Tesla from | offering an even higher performance boost for LR AWD | owners to grant the same 0-60 as the Performance model, | but they don't because it would cannibalize Performance | sales. | salawat wrote: | Keep in mind, Nvidia does have some genuinely good process | mastery around handling encryption intended to keep users | from utilizing hardware in ways they don't intend, and | creating trusted computing platforms where safety critical | systems are concerned. | | https://docs.nvidia.com/drive/drive_os_5.1.6.1L/nvvib_docs/ | i... | | They've moved from keeping that sort of thing in EEPROM's | to burnable fuses from what I understand, and I'm pretty | sure what I'm aware of is pretty far behind state of the | art. | | If they've managed to set up the key management as well as | they have and keep things hush-hushed enough to keep the | nouveau folks obstructed, this seems either like an | uncharacteristically careless mistake, or some seriously | well executed malicious compliance from somebody. | | Either way. I still find it irritating to the extreme that | this type of thing only seems to happen to the detriment of | users. Nvidia wins either way. Miners or gamers will buy | out their cards. | kitsunesoba wrote: | > I understand that pretty much the only difference between | $3000+ "professional" GPUs that get certified for AutoCAD | and other workstation systems are identical to $1000 | "gaming" GPUs, just with a different on-card BIOS/firmware | and e-fuses. I remember ages ago that people were able to | simply re-flash their ATI Radeons into FirePro cards and | that unlocked higher performance in some applications. | | Yep. I have an old laptop with an Nvidia Quadro FX770M GPU | that (hackintoshed) macOS sees as a Geforce 9600M GT and | runs the included Geforce drivers quite happily on because | the FX 770M so close kin with its consumer counterpart. | | In fact, in a twist of irony for years the supposedly-more- | stable Quadro Windows drivers had a power state bug with | this card that would cause the laptop to bluescreen if the | GPU tried to ramp down to an idle state. The only solution | was to prevent the GPU from idling or to run a different OS | with more generic drivers. | Impossible wrote: | Raytracing (RTX) is largely a software thing, although real | hardware got added to improve ray-triangle and ray-AABB | intersection performance. | ur-whale wrote: | > Funny how it turned out to just be a driver thing. | | Marketing dude lies through his teeth, news at 8. | sandworm101 wrote: | New idea: Break the cards. | | A gamer doesn't need mathematical perfection. 99% of gamers | wouldn't care if a card game rendered something slightly off, a | pixel or two out of place on a 8k screen. A slight mathematical | error wouldn't be noticed. But that same math error would destroy | any mining efforts. So I propose that, rather than feeble | attempts at software-based DRM, that Nvidea actually break the | cards. Add in a tiny math error that gamers won't care about but | that will render the cards useless for anything requiring exact | calculation. | | This would of course be very difficult to design. | Jonnax wrote: | I'm always amazed how consumers will demand less for their | money. | pjc50 wrote: | Intel managed this accidentally with the FDIV bug: for certain | very specific values, floating point division gave the wrong | answer. | | Then there was the traditional rigged demo solution; one | generation of cards behaved differently when the program | running was named QUAKE.EXE. That is now almost standard, since | part of the reason NVIDIA driver downloads are so large is a | huge pack of compatibility tweaks for specific games. | simias wrote: | Modern engines render scenes in multiple passes, iterating over | the same framebuffer until everything has been rendered. | Engineering such a flaw in a way that wouldn't lead to dramatic | cascading effect will indeed be very difficult to design. | | Note that sometimes games do need absolutely exact results, or | at the very least reproducible results. For instance sometimes | you want to use something like `glDepthFunc(GL_LEQUAL)` which | will only accept a fragment if its depth is equal to the depth | buffer's value. A small fudging here would cause potentially | large visual issues. | | I'm not saying it's impossible but I expect that it would | create a lot of headache as random, potentially unmaintained | games would start glitching here and there. | tpxl wrote: | Which would also make the cards useless for any GPGPU | workloads. | ali_m wrote: | That might actually suit NVIDIA's interests just fine - they | could sell uncrippled GPGPU-capable cards at a premium whilst | claiming that they're helping to protect the supply of cards | for gamers. However I think it would be difficult to do this | without also breaking rendering pipelines. | tantalor wrote: | Isn't that exactly what they want? To only allow the cards to | be used for gaming, not compute tasks like mining. | csharptwdec19 wrote: | The problem with that however is that games might be using | the GPU for non-visual things such as physics or AI. Would | those 'off by one' errors impact those tasks? | postalrat wrote: | Yea. But in a good way. | X-Cubed wrote: | Look at the Dolphin blog posts for loads of examples of where | minor math errors add up to completely break a game. | sodality2 wrote: | This would split the market for ML as well. | wmf wrote: | Approximate ML is a hot research topic. | rtkwe wrote: | The other big use and market nVidia wants to have is ML | installations for data centers though. Those also want perfect | math and are pretty big business for nVidia. Also no one is | running an 8k monitor off a 3060 or particularly well off of a | single card usually. Also I dread trying to track down a | rendering bug and finding out it's an intentional defect in | cards, effects are getting pretty intricate and with raytracing | small errors will accumulate over the multiple bounces. | justwalt wrote: | I definitely wouldn't buy something that had been intentionally | crippled, on principle. Even if it were a very slight | crippling. | jy3 wrote: | Can anyone enlighten and explain why there were restrictions in | the first place? | MereInterest wrote: | Remember about ten years ago, how there was a fad to raise | money, then use it to buy every single item on the shelves of a | small convenience store? The intention was to keep small | locally-owned stores in business by buying more from them. | However, even though it brought a lot of profit on that one | day, it meant that the shelves were empty for the next few | weeks. The regulars saw that, and needed to find somewhere else | to shop. The regulars left, and some never came back, leaving | the store in worse financial position as before. | | Cryptocurrency miners are driving up the prices of GPUs. NVIDIA | wants to make sure that they have stock available for their | regular customers, because that is where the long-term profit | comes from. Ramping up production is not feasible on the short | time scale that cryptocurrencies have been around, nor is it | known whether cryptocurrencies will be around for long enough | to recover such an investment. | | TL;DR: Cryptocurrency miners are messing up the long-term GPU | market, and NVIDIA is trying to maintain that market. | madamelic wrote: | >Ramping up production is not feasible on the short time | scale that cryptocurrencies have been around, nor is it known | whether cryptocurrencies will be around for long enough to | recover such an investment. | | Bitcoin has been around since 2010. They've had plenty of | time to realize this was coming. Even the thickest person | could've spotted this wave coming in 2013, in addition to the | continued rise of computer and console gaming. | Rule35 wrote: | But they didn't want to think about it for even five minutes | and figure out a friendly way to do this. They should have | given gaming sites purchase invites to hand out to members. | | There are other ideas too, higher prices on raw hardware but | cash-back incentives if bought with games or gaming hardware. | | Now everyone hates them. AMD couldn't have paid for such | marketing. AMD gives everyone ECC support, unlocked cards. | They're (currently) the anti Intel/Nvidia, and the market | darling. | nullifidian wrote: | The official reason is availability -- it's nigh impossible for | a gamer to buy a GPU right now for something close to MSRP. The | real reason is probably a desire to prevent miners from selling | their GPUs on the second hand market, thus increasing sales of | new GPUs. | madamelic wrote: | The problem isn't miners. The problem is no one wants to stop | bots and scalpers from buying them en masse. | | If eBay prevented scalping and e-commerce created bot | protections, demand would stop being absurd. | | Nvidia stopped selling cards on their site because they | couldn't figure out how to prevent bots from buying them all. | Not to mention Nvidia is selling cards directly to large | miners by the pallet load. | zokier wrote: | Nvidia is still trying to fulfill orders for 3080 from launch | day. The availability problem is real. They do not need to | artificially increase the demand for their GPUs if they | already are selling way more than they can deliver. | arianon wrote: | That's true today, but will it remain true when the | cryptocurrency bull run ends, we enter a bear market, and | mining becomes far less profitable? Not just that, but the | most profitable coin to mine, Ethereum, is on track to move | away from Proof-of-Work, so we can expect a lot of second- | hand cards to be sold at fire-sale prices in 2022. | Guthur wrote: | There is evidence that many of the new GPUs are being bought by | crypto miners and there is vocal out cry because some feel | these cards should be for consumers (gamers), which is frankly | bizarre. | MereInterest wrote: | I don't know what is bizarre about it. I think | cryptocurrencies are fundamentally flawed due to their | environmental impact, and should be banned on that merit | alone. Add in the inability to reverse fraudulent | transactions and their role in the rise of ransomware, and | cryptocurrencies are easily something that should be banned. | | I don't see it as bizarre to be frustrated that one's hobby | is being priced out of reach by what amounts to an | environmentally-damaging pyramid scheme. | whywhywhywhy wrote: | >I think cryptocurrencies are fundamentally flawed due to | their environmental impact, and should be banned on that | merit alone | | A GPU is a GPU, why is it's environmental impact fine if | it's 31 million people pretending to be a cowboy in RDR2 | but bad if it's being used for financial transactions. | MereInterest wrote: | For the same reason that sending a letter to a friend is | different from using the "Send-a-Dime" chain letter. One | is something that improves the human condition and brings | enjoyment, while the other is a pyramid scheme with | negative externalities under the guise of a get-rich- | quick scheme. | babypuncher wrote: | The same number of financial transactions can be handled | with an exponentially smaller amount of energy. A secure | distributed ledger of financial transactions does not | inherently _need_ nearly this much computational power to | maintain, as is evidenced by Ethereum 's impending move | to proof-of-stake. | | You can't really say the same for video games. To reduce | the carbon footprint of a user playing RDR2, you either | need newer more energy efficient hardware, or you need to | alter the experience the game provides to make it less | computationally expensive. | nybble41 wrote: | > A secure distributed ledger of financial transactions | does not inherently need nearly this much computational | power to maintain, as is evidenced by Ethereum's | impending move to proof-of-stake. | | You can claim that as evidence _after_ Ethereum has | actually moved to proof-of-stake and operated in that | mode for a significant length of time without any notable | vulnerabilities. Proof-of-stake has some known drawbacks | compared to proof-of-work; in particular, at least in | naive implementations, there is nothing to prevent a | malicious party from staking the same coins in multiple | chains (forks) simultaneously, a flaw which proof-of-work | systems are specifically designed to avoid by making the | proof depend on each chain 's history. One assumes that | the Ethereum developers came up with some sort of | mitigation for that issue, among others, but it has yet | to see real-world testing with significant funds at risk | should it fail. | hughw wrote: | It seems like a good strategy for NVIDIA to prevent losing | market share among gamers. They could maximize profits near | term by seling cards at whatever the market will bear. But | they'd yield their gamer share to AMD, and that would have | long term negative consequences. | josefx wrote: | Officially it is a supply/demand issue. The crypto miners are | buying up all the high end cards, so NVIDIAs main target | audience (gamers, workstations, etc.) end up empty handed. | | What a lot of people seem to think: Used up cards could end up | flooding the market while miners migrate to the newest cards, | cutting into NVIDIAs profit or NVIDIA wants to make more money | by selling pure mining cards that can't be reused for anything | else. | mamon wrote: | This doesn't make sense to me: why don't they simply price | their cards 3x higher and sell them all to miners? Selling to | the highest bidder is kind of "Capitalism 101". Their profits | would skyrocket. | | And what about gamers? Well... they can buy used previous gen | cards from miners. | _Understated_ wrote: | My take on this is that Nvidia knew fine well that their code | would be broken. And in short order too. | | I reckon this was just lip-service to consumers, and possibly | their investors, that they're "doing something about those bad | cryptominers that are making us loads of money". | | Plus, whenever something is marketed as unbreakable, I picture | guys reading it saying "Oh really? Challenge accepted!" | maxden wrote: | I thought they were trying to stop used up cryptominer cards | from flooding the graphics card market. So this doesn't help | Nvidia in that respect. | IshKebab wrote: | > I reckon this was just lip-service to consumers | | Nope, this is price discrimination so that Bitcoin miners buy | their more expensive mining card. They don't want this to be | broken. | | See https://en.wikipedia.org/wiki/Price_discrimination | amelius wrote: | > Plus, whenever something is marketed as unbreakable, I | picture guys reading it saying "Oh really? Challenge accepted!" | | https://www.roadtovr.com/developer-reward-jailbreak-quest-2/ | | > Oculus Founder to Match $5,000 Reward for Anyone Who Can | Jailbreak Quest 2 | simias wrote: | I was also wondering why nvidia felt the need to step in. | Selling cards is selling cards, having too much demand doesn't | seem like a problem they should want solved. | | Sure it does incur some PR cost as gamers are frustrated not to | be able to purchase the cards, but I doubt it really damages | their brand in the long term, and AFAIK AMD also faces similar | issues so it's not like it massively benefits the competition. | | If I were nvidia I'd be cynically very happy that miners are | buying my cards in droves. What am I missing? | etrautmann wrote: | There is the issue that miners tend to dump the used cards on | the market much sooner than a gamer would. | M277 wrote: | The problem is that the mining bubble is temporary, and when | it crashes, these miners dump their cards in the used market | with _very_ attractive pricing. | | In 2018, something similar happened; ETH mining became | unprofitable and the result was that used Pascal cards were | available for the cheap in the second hand market. The | problem for NVIDIA? Turing, the successor to Pascal, released | in September 2018.... and many people, instead of buying | that, just bought used Pascal cards. | | IIRC, NVIDIA even commented that high end sales were low | compared to previous generations in an quarterly report. | | Granted, the second hand market cannot be solely blamed for | this, as Turing was really unattractively priced. (They | shifted each tier up, so the $370 GTX 1070 was replaced with | a $500 RTX 2070) | | These mining cards cannot be used for gaming (this is not the | first time NVIDIA releases dedicated mining cards. 2017 had | P106 mining cards as well, and when people tried using them | for gaming on the cheap++, NVIDIA blocked it through a driver | update) and thus reduce the risk for NVIDIA in the future. | | ++there was some software that allowed you to render on a | GPU, and output video from another GPU like the dedicated | iGPU of Intel CPUs. Looking Glass, I think? But I don't fully | remember. These days, this functionality is actually | integrated into Windows 10. | elorant wrote: | You forget the other part of the equation. Gaming companies. | If gamers can't get their hands on decent hardware they'll | stop buying games altogether. Thus the pressure doesn't come | from consumers alone. | Rule35 wrote: | They anticipated selling stripped down cards to miners for a | higher price. | | If they wanted gamers to have these cards they would just | give out purchase invites via gaming hardware sites like | Gamer's Nexus. They already make deals to supply OEMs before | general retail, so all the gaming hardware being build is | getting a supply either way. | throwaway8581 wrote: | Market segmentation is always better if you can pull it off. | That way you can optimally serve two demand curves instead of | just one. Sell more units at a lower price to gamers, for | higher total profit from gamers, and sell at an even higher | price to crypto miners, for a higher total profit from | miners. | SketchySeaBeast wrote: | And those miner cards can't become gamer cards so gamers | will need to buy a new card instead of an old high end | miner card when crypto falls out of style again. | jperry wrote: | They crippled their Geforce cards in terms of mining while | simultaneously launching different, more expensive, dedicated | mining cards[0]. | | [0] https://www.nvidia.com/en-us/cmp/ | ziml77 wrote: | It's _possible_ those cards are being made with chips that | are too defective to output video. Unfortunately only Nvidia | knows for sure and they 're not going to say anything | truthful about it. | Rule35 wrote: | If the cards were cheaper, or even the same price but | available, then I doubt there'd be an outcry. But they | charge more, for a surely defective part. | | It'd be like buying a car and finding a clause that says if | you manage to make money off of it they'll take a | percentage or "brick" the hatch or something, to prevent | your profitable usage. Nvidia should back the fuck off and | just sell a product. | [deleted] | rcxdude wrote: | Even if they were cheaper miners wouldn't like them: one | thing which substantially reduces miners' operating costs | is the resale value of the GPUs they are using. They can | buy a GPU, mine on it for a year or two, and then sell it | for ~50% of its original value (or even higher in today's | markets). The mining cards with zero resale value (which | will much more quickly become landfill) would need to be | substantially cheaper to make this worthwhile. | SloopJon wrote: | I haven't seen any pricing on the CMP cards yet. Are you sure | they're more expensive? | babypuncher wrote: | If they could actually enforce this then I would be all for | it. Crypto mining is the biggest and most pointless waste of | energy since nuclear weapons testing. All these crypto miners | are just making the planet hotter, while pissing off people | who have more legitimate uses for these cards but cannot | realistically obtain one because they are being hogged by the | miners. | spaced-out wrote: | Tell me about it. The company I work for uses tons of video | cards to run ML models for online advertising/customer | profiling/etc..., and it's gotten noticibly more expensive | thanks to crypto miners. | panzagl wrote: | Nuclear weapons testing kept us from using nuclear weapons, | worth it. | px43 wrote: | Who is "us"? Surely you don't mean the USA. | | https://en.wikipedia.org/wiki/Atomic_bombings_of_Hiroshim | a_a... | px43 wrote: | Eh, the vast majority of these cards are used by people who | are rendering fantasy worlds so they can run around | pretending to be an elf, or a soldier, or some other stupid | thing. Lots of them are full grown adults too, just wasting | time that they could be doing something meaningful with. | | That's way WAY dumber than powering a next generation | global financial infrastructure. | antiterra wrote: | While we're at it, let's get rid of the other meaningless | stuff, like fiction novels, watching sporting events, | poetry, visual arts, theater, and being a tired | technocrat with shallow self-righteous ideas about what | is and isn't meaningful. | | Of course, most gamers don't game 24x7 while their multi- | GPU rack is pegged at 100% either. | madamelic wrote: | Wow, that's new. A cryptocurrency proponent who hates | video games. | ziml77 wrote: | I don't know why they thought that would work for their | marketing though. Every tech news source I follow saw right | through that. And it was reasonable to be upset at the | restriction because someone buying the card for their gaming | machine would be the most affected if they wanted to try to | make back some of the cost of the card by mining when their | computer is idle. | simias wrote: | It was my understanding that you need very cheap electricity | for cryptomining to be worth it, am I mistaken? If not I | suspect that most people don't really have a good incentive | to mine coins, unless the use it to heat up their flat or | something (and assuming that they don't have more efficient | heating available). | etrautmann wrote: | As a technical point. | literallycancer wrote: | 5700 XT makes about 6-7 USD a day, depending on electricity | cost. It hasn't really been a factor for a while now. You'd | make profit even in Germany. | Rule35 wrote: | Every penny spent on electric heat would be more | efficiently spent mining. | simias wrote: | Not necessarily, if you have access to a heat pump for | instance you could get much more efficient and cheap | heating than a mining rig would offer you. You could also | be heating your home using natural gas or some other | resources costing a lot less than electricity in some | markets. | | Being able to reuse the heat from mining does make it | easier to break even of course, but given how competitive | the sector is I doubt that it's enough to offset the | costs in most places. | Rule35 wrote: | Yes, a heat pump would be better. I was thinking of what | most renters have available - baseboards and portable | heaters. | | Cover the costs, maybe not. Offset, certainly. | zokier wrote: | Even if they knew that it will be broken quickly (which I also | assume they did), it wasn't still necessarily lip service; even | slight deterrence against miners during launch probably helped | to get more cards in the hands of gamers, which was the | intention. Of course it is impossible to know how big of an | impact it really had, but I'd like to think it had at least | some for the so important launch day orders. | chris37879 wrote: | > helped to get more cards in the hands of gamers | | Well, you know, except for the cards that they binned | specifically so they could be sold as 'mining' cards. There's | no such thing, these are all 3060 GPUs, the mining cards have | a slightly different firmware that wasn't even able to do the | one thing it was supposed to do. | capableweb wrote: | > which was the intention | | Neither me, _Understated_ or you know exactly why nvidia did | what they did. What we do know, is that ultimately they | answer to their shareholders and they have to show profit. | Their motivations for why they do the things they do, can | usually be boiled down to: "because it makes us more money". | | Nvidia probably doesn't care where the graphic cards go, | miners or gamers, as they still make the same amount of | money. | __s wrote: | You can want brand loyalty. If Nvidia cards are soaked up | in mining & game devs start optimizing more heavily for AMD | gpus, suddenly Nvidia loses market capture of gaming gpus & | end up at the whim of crypto. Miners are also much less | brand loyal, someone comes out with a better hashrate/$ | card & you've lost your customers | | So there's arguments for miners not being a diverse | customer base that would encourage wanting to keep gamers | in line. But I'm saying this without knowing any details, | so I don't know | albertgoeswoof wrote: | Gamers will be around in 10 years, miners might not be | cinntaile wrote: | Perhaps this segmentation has some contractual clauses that | effectively bans companies from buying gaming cards to mine | with? They're not enforceable everywhere in the world, but if | it covers a big chunk of the cryptomining world then that's | probably good enough. That way they can charge a premium for | mining cards. | kmeisthax wrote: | Nvidia already did this once before: their driver license | specifically prohibits you from using GeForce cards in | datacenters. Only Tesla-branded cards (no, not the car maker) | are licensed for use in a datacenter. | | The license is pretty much unavoidable, even if you're using | Nouveau, because the cards won't work at all unless you give | it's power-management processor an Nvidia-signed binary to | run, and Nvidia won't sign Free replacements for that binary. | libertine wrote: | At this point NVIDIA seems to be motivated by shareholders | value, and nothing else. | | They shifted part of their production capacity to release | dedicated cards for mining that have way shorter life-cycle, | because they can't be used by anyone else. | | They found a way to sell more cards with a higher price tag. | bayindirh wrote: | > At this point NVIDIA seems to be motivated by shareholders | value, and nothing else. | | It's for a long time. This is just the latest layer. | libertine wrote: | You're right! | xiphias2 wrote: | It's mostly short-sighted shareholders looking at quarterly | results. I'm not sure long-term shareholders like the games | NVIDIA is playing with the companies. | | They lost Tesla for self driving, Waymo didn't even consider | them, even though they had early advantage in AI. Comma.ai | started with NVIDIA chip as well. I think Jen Huang is | brilliant, but he's listening to the wrong people. | xwdv wrote: | What's wrong with that? Being an NVDA shareholder isn't some | select privilege for an elite few. Just buy the stock. I'm | currently holding an NVDA position worth over $300k off a | modest investment I made 5 years ago. To attack companies for | delivering value to shareholders is just jealousy, and speaks | ignorance of the market. | ohgodplsno wrote: | >modest investment | | >$300k | | You live in a reality that is much different than most | Americans, Europeans or Asians. Reasonably, the average | person can maybe get a single share, and being willing or | able to blow $500 on a single share is rare. Get back down | to earth, you're part of an extremely privileged group of | people that fully benefits from your shares, while actual | customers do not get to see returns. | | Putting money in a company is not work. You are not owed | anything. | cinntaile wrote: | Regarding your last sentence... That is opinion not fact, | there are a lot of laws protecting shareholders. | | But I generally agree with the rest of your comment, an | investment of approximately $20000 in a single stock 5 | years ago is not a modest investment for the average | individual. | patrickaljord wrote: | > You are not owed anything. | | He is owed whatever the price someone is willing to pay | for his shares which for now seems to be around $300k. He | is not owed anything else though. | | > Putting money in a company is not work. | | He did work for that money, and he did take a risk | investing it in these shares, a risk many were not | willing to take. This is what he is being rewarded for | now. Doesn't make him a hero or whatever of course. | bluefirebrand wrote: | > He did work for that money | | How do you know that? People who have lots of money often | did not work for it, it's inherited. | | > he did take a risk investing it in these shares | | People often talk about investment risk like it's a real | thing, but it's not. You can either afford it or you | can't. | | If you can afford the loss its not risky, it's just | gambling. | | "I'm taking all the risk, I deserve most of the benefit" | is just bullshit rich people talk to avoid the fact that | the people who actually do all of the _work_ deserve more | of the upside. | literallycancer wrote: | Most people in the highest net worth lists are self made. | Inheritance doesn't help you that much if you are | retarded. Mostly it's gone in one or two generations. | bluefirebrand wrote: | This is basically just rich people propaganda, and it's | straight up not true. | | The majority of the top 400 richest inherited at least 1 | million. | | And of the ones who did not inherit that much, often they | were given that kind of money as seed money from family. | | Straight up 20% of the top 400 richest were literally | born in the top 400. | | Knock it off with this self-made malarkey. It's just not | true. | ohgodplsno wrote: | >a risk many were not willing to take. | | A risk many _cannot_ take. For a company as large as | NVidia, the risk of it collapsing is basically nil. The | risk of itsInvesting at random in the stock market gives | you a pretty much guaranteed growth on average. | | However, many of us cannot blow 20k. We can't blow 10k. | We can barely blow 1k. Once again, OP ought to have a | little bit of humility and recognize his incredibly | privileged position. | literallycancer wrote: | Here's an idea. Don't buy shit you don't need and you'll | have more to spend on stock plays. | foobarian wrote: | > "blow" | | Implying this is some frivolous expense akin to gambling | your savings away at a casino or buying an expensive car | is the wrong mindset. This is not entertainment; saving | for your future and retirement is a life impacting matter | that people need to take seriously. Yes I can't afford to | and won't blow $3k on a fancy new TV. But I can afford to | set aside $100 a month to put into a stock account even | if I skip eating out or having a fancy phone plan. | teitoklien wrote: | Many don't , but that's mostly on them , stop blaming | others for misfortune. | | And dragging them down too. | | Humility is a good thing Tiptoeing near snowflakes is | not, | | He never mistreated or harped at anyone He just said his | opinion that he likes the stock. He wasn't shitting on | poor people. | FireBeyond wrote: | "This is not just for the elite few" | | "I have a modest 300k position" | | When you look at these two statements in close proximity, | you feel that there's perfect humility to the fortune of | that position? | literallycancer wrote: | What are you doing on a software board then? California | houses cost at least 2-3 mil. What's the home ownership | rate? Are you implying that all Californian home owners | are part of some elite? | FireBeyond wrote: | I struggle to see this is a good faith argument. | | My income is in the "2%". I also entirely understand that | that makes me in "the elite few". | | > California houses cost at least 2-3 mil. | | You mean "houses in a few select neighborhoods and | locations", such as SF, more prestigious areas in LA. | Also, they don't. Median SF house price: $1.4M. | Sunnyvale, $1.6M. | | Not "at least 2-3M". And certainly not in conjunction | with this: | | > implying that all Californian home owners are part of | some elite | | The median Californian home price is $700K. So no. But | since you seem to imply that California is somehow | defined as "places where homes cost $2-3M" then yes, | absolutely. If you own a home worth $2M+ you are | unequivocally "one of the elite". You may not be buying a | new private jet every five years, but you are also | entirely capable of a lifestyle that the VERY VAST | majority of Americans have no chance of attaining. | | For reference, a $3M mortgage with a substantial | downpayment results in a mortgage payment of nearly | $14,000/month, which with Jumbo loans requires an annual | income in the region of $800K/year. | | Please don't try to continue an argument that says that | someone making just shy of a million dollars a year is | somehow neither privileged nor elite. | xwdv wrote: | I have a 300k position _as a result of a modest | investment of about $20k I made 5 years ago_. Christ, I | never said $300k was the modest investment and on a forum | filled with software developers making 6 figures I'm sure | more than a handful can invest $20k toward their future | retirement. | | Of course now I've been pelted with downvotes and no one | will remember what I actually said. | FireBeyond wrote: | Even then... | | "60% of Americans could not come up with $400 for an | unexpected expense". | | Based on that, what proportion of Americans could afford | to put even $20k into the stock market, _let alone call | it a MODEST $20k_? | [deleted] | MereInterest wrote: | The median US net worth is about $121k [0]. When you're | talking about having $300k available to put into stocks, | and saying "Just buy the stock.", that is something | entirely out of reach for the majority of people. | | [0] https://www.cnbc.com/select/average-net-worth-by-age/ | meddlepal wrote: | Boo hoo? Whats your point? Nobody has a human right to | affordable graphics cards. | fortyseven wrote: | Aww. Game over for the discussion, so you metaphorically | flip over the table? Geesh. | MereInterest wrote: | xwdv started his post by saying that having significant | stock was not something restricted to an elite few, and | then followed up by giving examples that directly | contradict that point. My goal wasn't to comment on the | graphics cards themselves, but rather to add support | against the pervasive and self-destructive idea that | maximizing the value of the shareholders is the sole duty | of a corporation. | zapdrive wrote: | The OP said they opened their position 5 years ago, when | the price of NVDA was 20 times less. So they probably | only invested about $15K out of that median $120K net | worth. | Barrin92 wrote: | The median net worth represents assets you own, not cash | on hand. When someone has a median net worth of 120k that | is likely the value of their house minus the outstanding | debt their car and their pension fund, and unless you're | willing to take a loan out on your house to gamble on the | stock market, the median American does not have 15k to | buy stock. In fact the median American can barely cover | 400$ in emergency bills. | | https://www.theatlantic.com/magazine/archive/2016/05/my- | secr... | | Not to mention that it would be insane for someone to | pump their entire savings into the stock of an individual | company. | lupire wrote: | > take a loan out on your house to gamble on the stock | market, t | | Most homeowners do this. | Rule35 wrote: | Legally wrong with? Nothing. Brand-wise? Huge. Gamers and | miners hate them for this. | | As a shareholder I'd imagine you want continuing revenue, | not a short bump before the market switches to AMD. | babypuncher wrote: | Why would gamers hate them for this? | | The whole point was to try and free up more 3060 supply | for gamers. | belltaco wrote: | Getting a strong vibe of 'let them eat cake'. | Ballas wrote: | Well, in this case it looks like NVIDIA themselves broke the | restrictions - or at least they are not present in the beta | drivers. | TechBro8615 wrote: | Not quite the 3 days after release predicted in the original | thread, but impressive and entirely unsurprising nonetheless. | jleahy wrote: | I got my first even downvotes for suggestion that it would be | rapidly cracked in that thread, followed by a lot of 'Nvidia is | full of smart people' comments. | | There always seems to be a persistent optimism for the | effectiveness of this kind of thing. For example how long DRM | or anti-piracy methods on games will be effective for. | Jonnax wrote: | It wasn't cracked. Nvidia released a driver which didn't do | the restriction. | tehbeard wrote: | > Nvidia is full of smart people | | If that were truly the case I wouldn't have to deal with | multiple fuck ups caused by Nvidia releasing drivers with | improper signing (windows seems fine with it, but virtualbox | runs into issues with it due to hardening checks.) | Findeton wrote: | These mining restrictions are... interesting, given that Ethereum | is about to move towards staking rather soon anyway .. | falcolas wrote: | I've been hearing this - "moving towards stakes soon" - for at | least a year now. | Rule35 wrote: | They have it running, and people are making money off of it. | The difficulty now is social, convincing people to switch. | qeternity wrote: | No, it's commercial: convincing the miners to switch who | obviously have a vested interest in perpetuating PoW | nootropicat wrote: | >soon | | The earliest likely merge date is Q1 2022. The only exception | is if the situation is urgent (miners attacking, or nicehash | having a dangerously high percentage of hash) - in this | situation the merge itself could be done in a month I think. | varispeed wrote: | In my opinion they set their prices too low and have not invested | enough in fabs. The demand now way exceeds their capability to | manufacture and unfortunately the only way to "restart" is to set | prices to a level that will allow building the capacity to | satisfy the demand at lower price point. They can try doing those | PR tricks, but they'll just waste even more money without | addressing the problem. | my123 wrote: | NVIDIA doesn't own any fabs, they don't really have a choice. | mywittyname wrote: | Interestingly. I was watching some interviews with the | founders of 3DFX, and when asked about why the company died, | their straight answer was: because they bought a fab. | DaiPlusPlus wrote: | I thought it was because 3DFX started to compete with their | own hardware partners? | | 3dfx was a chipset vendor - whether or not they fab their | own chips shouldn't matter all-that-much: it's who makes | and sells the boards that counts. The Voodoo1 and early | Voodoo2 cards were made, packaged, and sold by hardware | partners like Creative, Diamond, etc - but with the Voodoo3 | and later SKUs of the Voodoo2, 3dfx did it all by | themselves, so why would the miffed Creative Labs and | Diamond lend their sales channel expertise to 3dfx? PC OEMs | like Dell, HP, etc also probably had deals with Creative | for their Sound Blaster, and it wouldn't surprise me if | Creative politely asked them to not buy 3dfx-made boards in | exchange for a sweet discount on Sound Blaster cards... | mywittyname wrote: | Yes, exactly this, they bought STB Systems and began | manufacturing their own boards. I wasn't sure how much of | the manufacturing process this entailed. | coolspot wrote: | Regardless of the competition with hardware partners, | GeForce 256 blew it with nothing on the 3dfx side to | respond with. | | Fun to read discussion here: | https://m.slashdot.org/story/7743 | trishume wrote: | If they raised prices they'd still make more money, rather | than the money going to scalpers, and they could offer TSMC | more money for more fab time, which TSMC could take into | account when planning future fabs. | | As far as I can tell the reason they don't raise prices is | that the PR hit they'd take from all the gamers hating them | for it would be a bigger deal than the additional revenue. | my123 wrote: | They went to Samsung instead to get more capacity this gen. | ganoushoreilly wrote: | The had to reduce prices on the 3xxx series due to poor sales | on the 2xxx series, it just so happened that crypto growth was | happening at the same time. It was a bad situation, but raising | prices doesn't solve the problem. | pjc50 wrote: | So, does anyone have any technical details on how this works? | Both what the block was in the first place and how it was | defeated? | | I imagine it has something to do with how Etherum is mostly | integer math and boolean operations for hashing, while gaming | workloads tend to be floating point, but I'm just guessing. | | Another factor in the background: the pandemic has caused a | _worldwide_ fab capacity shortage. Lots of manufacturers are | running around with their hair on fire trying to book fab slots. | Even car production is being held up due to IC shortages. | rodgerd wrote: | Also your AV gear. One of the factories of a premium DSP | supplier burned down, and now no-one can get DSPs for their | home theatres. | DaiPlusPlus wrote: | Link? | pjc50 wrote: | https://www.prosoundnetwork.com/business/akm-factory-fire- | sh... | ganoushoreilly wrote: | Same factory made chips for Audio production hardware too. In | fact I think anything using SHARC components has been hit | pretty hard. Just a bad year all around for chip | manufacturers across the board. | ev1 wrote: | Apparently it's gotten even worse in the last month, since | Samsung and NXP's fabs are in winter-blizzard-disaster Texas, | and TSMC is in a once-in-a-century level of drought area | wmf wrote: | Most of Samsung's fabs are in South Korea; the Austin fab is | a minority of their production. | etrautmann wrote: | Isn't this less due to Covid than to increased demand from | different sectors like automotive, etc? | rcxdude wrote: | I don't know of any detailed analysis, but apparently the block | is based around the patterns of memory access etherium mining | produces (etherium's proof of work is designed to be memory- | bandwidth limited to discourage the use of FPGAs and ASICs in | mining, on the perhaps mistaken basis this would prevent the | kind of centralisation present in bitcoin mining). It's quite | plausible that the implementation of the proof of work could be | adjusted to avoid this detection, though depending on the level | of sophistication of the recognition it may have been difficult | to do without impacting performance. | pyrox420 wrote: | No one could have seen that coming... No one! | ai_ja_nai wrote: | These miners are really getting on my nerves: not only they are | polluting the planet (1% of electricity in 2018 was for | cryptomining), but are driving off the budgets of whole deep | learning practitioners | niels_bom wrote: | A counter argument I heard recently: all of the work and | resources we need to have physical money is comparable in | energy needs and environmental consequences. | | I have no source at hand. | | I'm also not sure what to think of it. | godelski wrote: | I purposefully waited a bit to build a new computer (first one | I've been able to build for myself and not others!) seeking the | new AMD and Ampere cards, with the purpose of being able to do | some research on my home machine and not a lab one. I figured | I'd have to wait a month or two after launch, no biggie, but I | got my 5900x last week and still can't find a 3080. This | shortage is insane and no one seems to be doing anything about | it. I'm extra peeved at NewEgg's shuffle system which I'm | pretty sure someone that just took a week of a stat's class | could tell you that they are giving the edge to bots and | scalpers. While I'm peeved at the miners, I'm also upset that | retailers aren't combating them and helping consumers. | exdsq wrote: | I'd argue deep learning is just as much a waste for most | businesses anyway | LispShmisp wrote: | Strong argument. | glouwbug wrote: | Most business logic neural nets simply train into what | could've been an or-gate | coolspot wrote: | Shh! | | You can't get a $700k/y salary for being an "OR-gate | logic engineer", but you can for being an "AI engineer". | lupire wrote: | 0.1%, not 1% | Dma54rhs wrote: | PC gaming alone wastes the same amount of energy. There are | also consoles and the whole industry of game creators | surrounding it. In my eyes they are both useless and pollute. | Some get kick out of games, some out shitcoins. | SirYandi wrote: | I would not call video games a waste of energy. Leisure is | important. | cheeze wrote: | Huge difference between running a graphics card at 100% | capacity (ok, most eth miners underclock but still use a good | amount of wattage close to 100% of the time) and someone | playing a video game for a few hours after work one day. | | Nowhere near the same amount of energy. Gaming certainly | doesn't use 1% of the planets energy, for example... | Dma54rhs wrote: | It does - https://www.researchgate.net/publication/28539647 | 5_Taming_th... | FireBeyond wrote: | The same amount? | | What gamers are running multiple GPUs in a game 24/7 with | 100% utilization? | | I don't think it even comes close. | ur-whale wrote: | Exactly as predicted the day the NVidia announcement came out. | | And a good thing too. | coolspot wrote: | Now if someone could enable full CUDA on RTX 3060/3070/3080, | that would be noice! | | And multi-stream video encoding while we are at it. ___________________________________________________________________ (page generated 2021-03-16 23:00 UTC)