You should check out their rules on what constitutes a church, too. Similar issue, with the added risk of getting the Templars pissed at you.
Have a question for those much more knowledgeable than me: why are ASICs not replacing GPUs for mining yet? Is it all about supply, with the cards being more abundant even though ASICs are better at the job? Itâs just sad that something designed specifically to do the job isnât the high-demand item.
They have, for bitcoin. Will probably happen for other cryptos when the cost of developing that specialized hardware becomes preferable to continuing to use GPUs as efficiency goes down.
EDIT: that doesnât actually solve anything, though, since miners will shift to using their GPU mining rigs to whatever the new ascendant crypto is, just like what happened when going from Bitcoin to Etherium.
stusser
8269
They have for Bitcoin, but my understanding is Ethereum was specifically designed to be memory-intensive to mine rather than compute-intensive, so ASICs werenât appropriate.
Well that sucks. I was hoping the answer was going to show some light at the end of the mine-shaft, but I guess weâll just have to grumble about the lack of [the newest] GPUs for the foreseeable future.
Tim_N
8271
As mentioned above, since Bitcoin uses ASICs it is Ethereum mining that is mostly to blame for the shortage of GPUs.
A hard fork of the network, called EIP 1559, is supposed to significantly impact miner revenue (long before Ethereum 2.0 comes along which does away with mining entirely). I think the upgrade is set for July (?), so hopefully in a couple of months people will stop buying up GPUs for this purpose.
stusser
8272
Thatâs possible, although my guess is some 4chan ingenue will invent a new memecoin that scales really well on programmable GPU shaders and the cycle will begin again. What we really need is a cryptocurrency thatâs generated by doing something useful, like protein folding or improving climate prediction models.
Tim_N
8273
The thing is most new altcoins/shitcoins are proof-of-stake. As far as I know there is zero benefit to the users of the coin in having it be proof-of-work. In fact, there are so many good proof-of-stake coins that have significantly lower fees and faster transaction times than any proof-of-work coin out there.
Ethereum mining is significantly more profitable than smaller proof-of-work coins because there is actual demand for the coins. I just canât see a new proof-of-work coin coming out these days which can generate that much demand (from price speculation hype or use cases) when there will be a deluge of mining GPUs that will be desperate to mine the coin and dump it on markets immediately to make back more of their capital investment.
Some are trying to do just that right now, like Ravencoin, but hopefully they will die.
stusser
8274
NFTs are selling for millions of dollars. I just saw an article where an artist said some jackhole sold a NFT of his artwork without his permission, and made out with $20k. People are stupid. Thatâs why cryptocoins will continue to proliferate. Dumb people.
Tens of millions, even. Boggles my mind.
Nesrie
8276
I watched one of those Jim expositions on this⌠I still donât understand what theyâre paying for, and of course gaming in the middle of it because some guy is selling art from a video game or something.
Yeah, itâs so weird. Iâve long been fascinated by artificial economies and artificial scarcity like in CCGs, gacha Games etc., but this⌠has even less intrinsic value (at least to me). Especially in cases where people are taking digital assets that donât belong to them and selling them for crazy amounts of money.
LockerK
8278
Wasnât that one bought by his business partner and probably just a poor attempt at money laundering or some other nefarious scheme?
ShivaX
8279
NFTs feel like they exist solely to launder money.
You pay someone for⌠nothing? Like nothing. You get nothing.
They probably donât even have the rights to sell you the thing youâre buying anyway.
But here are millions of dollars.
Or just to inflate the price of cryptos further. Definitely a fraud and not an honest transaction. Even the artwork involved reportedly plagiarizes another artistâŚ
Nvidia sponsored video on Flight Simulator performance on Nvidia cards. Digital Foundry.
This is the main PC game that made me want to finally upgrade my PC so badly, so very relevant to me.
So, this was said to be delayed until the end of April, so I thought I had plenty of time to find some other better deal, potentially, if I found a card using hotstock, but apparently this has shipped now.
So I guess Iâm getting a new machine.
stusser
8283
It isnât the worldâs worst deal. Speccing out a similar box on pcpartpicker assuming $400 MSRP for the 3060ti came out to $1200. So you paid a $300 premium but they built the thing for you, warrantied it, and threw in a shitty keyboard and mouse. And itâs not like you can buy a 3060ti for $400.
I would have stuck to 8GB, small SSD, and a RTX3080. Hell, the RTX3080 alone could literally sell for $2200. No joke. Green text, completed auction.
https://www.ebay.com/sch/i.html?_from=R40&_nkw=rtx3080&_sacat=0&rt=nc&LH_Complete=1
KevinC
8284
Thatâs not far off of what I paid for my entire GTX 3080 / 5900X system a few months ago.
Local Microcenter has the Colormaster 6800 non-xt in stock for⌠$950. A lesser card than I want for an abhorrent price, and yet I am tempted due to scarcity. I must stay strong. sigh
