I don't trust Nvidia | Bitcointalksearch.org

Coinfarm ventures

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Quote from: FP91G on May 19, 2022, 10:40:22 AM

It will take several months to reduce prices for new models and optimize miners.

That makes the case for not buying the new generation, and waiting a few months to get good deals on the old generation, even stronger. My prediction is that RTX 3000 or RX 6000 rigs will last a long time because of their decent memory bandwidth, reasonable core FLOPs and low cost in the future. Even the RTX 2000 super series or the RX 5700 will be viable for 2+ years.

nVidia will be preferred over AMD for mining, since it's good at a variety of algorithms. Radeon is only good at FiroPoW/KawPow/ProgPoW or CryptoNightGPU, at which point the new gen makes more sense for those algos anyway because of the great compute efficiency.

FP91G

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Quote from: Coinfarm ventures on May 18, 2022, 11:30:49 AM

Quote from: FP91G on May 18, 2022, 07:26:29 AM

Nvidia GeForce RTX 4000 GPU range could arrive “mid July”

It will suck at mining because of the low memory bandwidth relative to the core TFLOPs. The only algos that the RTX 4000 / RX 7000 series will deliver bang-for-buck are ProgPoW, FiroPoW, KawPow and other power-intensive ones. The new generation has great TFLOP/W efficiency, but poor GB/s/W efficiency.

Shintel cards will have the same problem, but if they're priced low enough, it could work.

Bottom line: wait for gamers to snap up the new gen, prices of the RX 6000 / RTX 3000 series to be driven down, then buy RX 6800 or RTX 3060/Ti cards when they fall below MSRP. Wait for the next gold rush.

In mid-July, we will already have more information about the end of Ethereum mining. If gamers will buy these video cards at expensive prices, then I will not interfere with them. It will take several months to reduce prices for new models and optimize miners.

arielbit

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Quote from: FP91G on May 18, 2022, 07:26:29 AM

Quote from: bitcoin-shark on May 15, 2022, 02:34:15 PM

yes as a coincidence it is quite strange to discover the 100% unlock in conjunction with the release of the new lhr cards, but I think nvidia has nothing to do with it, what's the point of releasing some gpu lhr and providing the unlock at the same time?

Nvidia GeForce RTX 4000 GPU range could arrive “mid July”
16/05/2022 Kopite7kimi has clarified that the RTX 4000 series could launch “mid-July”.
https://www.pcgamesn.com/nvidia/may-release-geforce-rtx-4000-gpus-sooner-than-expected

This is probably done in order to sell off old stocks of video cards.
If the 4000 series is released, then the top models of the 3000 series should be discontinued.

getting earlier huh..previously it was in the 3rd quarter..hmmmmm

my hunch is getting stronger..it is 3xxx refresh! aaaaaaaaaaand they might want to catch the last bull trap before "the real bear market" LOL

adaseb

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When it comes to mining I also preferred AMD. Most of the mining GPUs I had were mostly AMD.

If you were around mining Litecoin back in 13-14 you most likely used AMD because they were much more efficient than Nvidia.

The biggest issue was the price with Nvidia. And buying them second hand from a gamer? You never got any deals. They were all like “This is an Nvidia GPU…. I know what I got”. And most AMD people sold it for best offer.

This is just my experience.

OgNasty

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I've always preferred AMD to Nvidia when it comes to their products. Especially when it comes to mining. My AMD VII's are some of the best GPUs I've ever owned and they absolutely destroy any of the other miners I have going right now, even though I have much newer Nvidia cards.

I can't really explain it, but something about Nvidia as a company rubs me the wrong way. I own plenty of their hardware, and it isn't bad or anything. There's just something about the way they do business (hashrate lock is a good example) that makes me feel like they're snake oil salesmen or something. I'm sure there's a nefarious answer for the question of why they did what they did to miners and the timing of things now. I doubt we'll ever know the truth though.

Coinfarm ventures

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Quote from: FP91G on May 18, 2022, 07:26:29 AM

Nvidia GeForce RTX 4000 GPU range could arrive “mid July”

It will suck at mining because of the low memory bandwidth relative to the core TFLOPs. The only algos that the RTX 4000 / RX 7000 series will deliver bang-for-buck are ProgPoW, FiroPoW, KawPow and other power-intensive ones. The new generation has great TFLOP/W efficiency, but poor GB/s/W efficiency.

Shintel cards will have the same problem, but if they're priced low enough, it could work.

Bottom line: wait for gamers to snap up the new gen, prices of the RX 6000 / RTX 3000 series to be driven down, then buy RX 6800 or RTX 3060/Ti cards when they fall below MSRP. Wait for the next gold rush.

FP91G

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Quote from: bitcoin-shark on May 15, 2022, 02:34:15 PM

yes as a coincidence it is quite strange to discover the 100% unlock in conjunction with the release of the new lhr cards, but I think nvidia has nothing to do with it, what's the point of releasing some gpu lhr and providing the unlock at the same time?

Nvidia GeForce RTX 4000 GPU range could arrive “mid July”
16/05/2022 Kopite7kimi has clarified that the RTX 4000 series could launch “mid-July”.
https://www.pcgamesn.com/nvidia/may-release-geforce-rtx-4000-gpus-sooner-than-expected

This is probably done in order to sell off old stocks of video cards.
If the 4000 series is released, then the top models of the 3000 series should be discontinued.

mindrust

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Quote from: MidNite36 on May 08, 2022, 12:25:14 PM

Nvidia is releasing their new graphic cards next week and LHR cards get fully unlocked this week? I doubt that this is a coincidence, its like Nvidia stands to gain a lot from this, is Nvidia the supposed hacker that gave Nicehash the unlock because that's how this looks to me right now, this whole thing is suspicious.

You are right to be suspicious. nVidia probably knows we would figure that but since they also know that we can't prove it, they don't care. I always bought nVidia GPU's but what if AMD is also hiding something like this from us? In the end nothing will change. People will buy the best GPU for their buck whether it is AMD or nVidia.

And don't look at intel. They have been placing spyware in your CPU's for the NSA for a long time.

adaseb

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Quote from: bitcoin-shark on May 15, 2022, 02:34:15 PM

yes as a coincidence it is quite strange to discover the 100% unlock in conjunction with the release of the new lhr cards, but I think nvidia has nothing to do with it, what's the point of releasing some gpu lhr and providing the unlock at the same time?

The cards were produced in the past few weeks or months. And it was a hardware mod. So hence why they released a software mod right now. It makes sense.

Right now gamers have more access to GPUs to they aren’t whining as much as in the past. If you went to any gaming forum or Reddit you would see all the hate towards miners. Now they are happy so no more point of LHR.

bitcoin-shark

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yes as a coincidence it is quite strange to discover the 100% unlock in conjunction with the release of the new lhr cards, but I think nvidia has nothing to do with it, what's the point of releasing some gpu lhr and providing the unlock at the same time?

JayDDee

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Quote from: kaya11 on May 15, 2022, 07:38:16 AM

The saddest part is that NH has it, why wouldn't it be someone else aside from this miner app.

I assume it's a rhetorical question, but someone had to pay LAPSUS$ for the LHR source code.

kaya11

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Quote from: MidNite36 on May 08, 2022, 12:25:14 PM

Nvidia is releasing their new graphic cards next week and LHR cards get fully unlocked this week? I doubt that this is a coincidence, its like Nvidia stands to gain a lot from this, is Nvidia the supposed hacker that gave Nicehash the unlock because that's how this looks to me right now, this whole thing is suspicious.

The saddest part is that NH has it, why wouldn't it be someone else aside from this miner app. I've quitted mining in NH long ago and switched to pool. Any ways let's just hope we can grab those new cards at MSRP or else, back to square one finding it first. In the end it is all about money and how to accumulate more, let's just hope we can make money even this kind of things happen, use it in your own advantage.

FP91G

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Quote from: JayDDee on May 14, 2022, 11:46:41 PM

Quote from: adaseb on May 14, 2022, 10:14:07 PM

So they did it mostly to please the gamers. No idea if it worked or not. Miners still bought their cards. However now that GPUs are becoming more accessible and less miners are buying them due to ETH low profitability, they might as well unlock them.

As you said, miners still bought their cards, and unlockers are forcing Nvidia to spend more money to try to improve LHR.
Add to that the stupidity of deliberately alienating valuable customers and it looks like a massive failure. The only winner seems
to be AMD because their GPUs became more competitive for mining, and maybe those lucky few that got non-LHR cards at MSRP.

Now there is no shortage of video cards, so LHR restrictions are meaningless. Probably it was Nvidia that helped the miner developers solve the problem, because they used to say that it was impossible to do it. And gamers are in no hurry to buy the RTX 3000 series.

JayDDee

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Quote from: adaseb on May 14, 2022, 10:14:07 PM

So they did it mostly to please the gamers. No idea if it worked or not. Miners still bought their cards. However now that GPUs are becoming more accessible and less miners are buying them due to ETH low profitability, they might as well unlock them.

As you said, miners still bought their cards, and unlockers are forcing Nvidia to spend more money to try to improve LHR.
Add to that the stupidity of deliberately alienating valuable customers and it looks like a massive failure. The only winner seems
to be AMD because their GPUs became more competitive for mining, and maybe those lucky few that got non-LHR cards at MSRP.

adaseb

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Remember the point of the LHR cards. It was mostly introduced because gamers were whining to Nvidia how they can’t purchase any GPUs because they were sold out due to miners buying everything and they had to overpay from scalpers.

So they did it mostly to please the gamers. No idea if it worked or not. Miners still bought their cards. However now that GPUs are becoming more accessible and less miners are buying them due to ETH low profitability, they might as well unlock them.

FP91G

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Quote from: MidNite36 on May 08, 2022, 12:25:14 PM

Nvidia is releasing their new graphic cards next week and LHR cards get fully unlocked this week? I doubt that this is a coincidence, its like Nvidia stands to gain a lot from this, is Nvidia the supposed hacker that gave Nicehash the unlock because that's how this looks to me right now, this whole thing is suspicious.

What protection would still be broken, but we did not know when this would happen. For Nvidia, the most correct decision was to initiate a hack of the LHR algorithm before the end of Ethereum mining, but they probably did not expect that the price of Ethereum would decrease significantly

TreyARC

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Trust or no trust I don't care, the LHR unlock works so why should I be wasting time to know how the unlock took place? It could be Nvidia playing their games again or just an hacker but who cares? As far as it works its a win win situation for all.

arielbit

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crosspost

Quote from: arielbit on May 08, 2022, 01:00:25 PM

Quote from: MidNite36 on May 08, 2022, 12:34:18 PM

Quote from: miner29 on May 08, 2022, 12:19:08 PM

Quote from: BitKongy on May 08, 2022, 09:48:44 AM

Quote from: miner29 on May 08, 2022, 09:20:48 AM

NBMiner has 100% unlock today. So expect all the majors will have it in short order.

You are joking right? Next time just drop a link or a picture to at least proof that what you are saying is the truth, are you currently using Nbminer? If yes send us a screenshot with your LHR graphic cards mining ETH with full hashrate unlocked.

Not joking. Go see for yourself or dont. Doesnt matter to me…all my LHR are enjoying the boost.

And you can read it for yourslf in the NBMiner thread on this which is literaly the post below this one currently.

Yes its working, tested and confirmed, I am sure that Nicehash isn't behind this unlocking, I am suspecting Nvidia itself, this morning Nicehash release the news and its not even 24hours yet now Nbminer released LHR unlock, something they don't even bother about right from when LHR became a thing.

probably nvidia last milking of GPUs before the bear market hits hard. Bitcoin ASICs were sold before bear market in the past, nvidia have adopted the strategy.

Slitters riot

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yep... Indeed this ss a very strange thing, in a blink of an eye everyone has unlocked the LHR cards. There is more to this that met the eye 👁️ .

Maliceprime

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The used GPU market in my country is impressively strong. I believe Nvidia is mindful of that and this is their way to put an end to it. I particularly just sold some LHR GPUs this week and have a few founders 3070s incoming. I feel pretty stupid.

Topic: I don't trust Nvidia (Read 501 times)