Dubai retailer is selling tons of Nvidia CMP 170HX mining GPUs for $4,300.
Nvidia's Ampere Cryptomining Monster GPU Goes on Sale for $4,300 : Read more
Nvidia's Ampere Cryptomining Monster GPU Goes on Sale for $4,300 : Read more
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The price per hash is gonna have to get a lot more competitive compared to gaming GPUs, if they want miners to pick these cards over gaming GPUs.
Ultimately AMD and Intel will need to introduce their own lines of miner cards with a higher hash rate than the top end gaming GPU. It creates a product-line wall of separation between miner and gamer.
The resale value may be a significant concern for the home miner who needs to squeeze every dollar out of a GPU to break even, not so much for large-scale miners who will run GPUs until they either break or aren't cost-economical anymore, at which point they have limited resale value which may not be worth the resale hassle and liabilities.The problem with a card like this is that miners can't resell it as easily as gamer cards
It's called crypto because it's encoded for security, so the card has to do a certain amount of work which takes a certain amount of power, the only way to change that would be for nvidia or amd to crack the security and find a shorter way to do the same work with some asic, a thing that would make the crypto not be crypto anymore...Meh , Nvidia (and others) should focus on low voltage mining cards that gives the same results .. not release the same GPU for mining. I dont know why they are ignoring this all together , Miners will leave the gaming market if you give them a chip with at least 50% lower TDP that delivers the same income.
The price per hash is gonna have to get a lot more competitive compared to gaming GPUs, if they want miners to pick these cards over gaming GPUs. Folks seem to be finding code to bypass the "LHR" code in newer gaming GPUs, at least in part.
It's called crypto because it's encoded for security, so the card has to do a certain amount of work which takes a certain amount of power, the only way to change that would be for nvidia or amd to crack the security and find a shorter way to do the same work with some asic, a thing that would make the crypto not be crypto anymore...
The only other way would be for them to skip a few decades and bring out a super advanced GPU of the future that doesn't need any power anymore.
An economic crash would make crypto skyrocket in price fyi 😉
We know the math behind it, and the cracking thing was just hyperbole from me because there is also no way to crack it other then what we already do, crypto works by using hundreds of bits worth of hexadecimal data as password and the only thing you can do is to randomly try combinations until you find the right one, this is determined by how fast your hardware is, there is no trick you can do to make it faster or use less power.You dont need to crack the code to make it run faster .. all what you need to know that math behind it and accelerate them.
We know the math behind it, and the cracking thing was just hyperbole from me because there is also no way to crack it other then what we already do, crypto works by using hundreds of bits worth of hexadecimal data as password and the only thing you can do is to randomly try combinations until you find the right one, this is determined by how fast your hardware is, there is no trick you can do to make it faster or use less power.
Because they are open source and use common encryption, for example here is bitcoins github page and the sha-2 page that it uses for encryption.How do you know ?