Ethereum, the stupidly popular cryptocurrency is moving from a Proof-of-Work model which needs powerful machines to a Proof-of-Stake method which will cut actual electrical power use dramatically and need less computing power to work with.
Why is this important? Well, there's a reason why NVIDIA have been making steps to reduce the Ethereum hash rate with new GPUs. Miners end up buying them, lots of them and it has been one of the primary causes of the ridiculous demand issues we've seen that end up stopping us all buying a new graphics card. Not only that, but it's pushed up prices of existing cards too.
In the official announcement, Ethereum developer Carl Beekhuizen explained the switch over will happen in "the upcoming months" and Ethereum will end up using "at least ~99.95% less energy post merge". So it's good for the world as a whole because crypto like Ethereum uses a ridiculous amount of energy right now. This will move Ethereum from requiring the power of "a medium-sized country" down to "that of a small town (around 2100 American homes)" and as this newer system scaled up it will help "further decrease the energy consumed per-transaction by leveraging economies of scale".
The important bit for us though? The computing power needed in Proof-of-Stake for users is quite low, so there's no need to buy up big lots of GPUs.
So perhaps by the end of this year, we might finally start to see the reduced demand on GPUs for mining thanks to steps being made like this. I think we can all agree it's needed.
Article taken from GamingOnLinux.com.
Quoting: ArtenEvery new chip design for new proces node is more expensive with every generation of process node and there is no silver bullet like machine learning - because machine learning slowly moving to specialized hardware and so they have they own chips. We need make more GPUs and ethereum do this job for us. Righ now, there is shortage, because eth price fluctuation, but that is only short term problem. But without is limiting development of GPUs for PC, so we can in the end be tied to professional segment and game consoles chips as high-end and integrated GPU as low-end and nothink in-between.What kind of corporate welfare are we planning here? GPU manufacturers ought to make decent products that meet the demand. There is, and always has been, demand for mid-tier GPUs. They aren't even prohibitively expensive to make, it's an industry standard practice to make mid-tier and low-end products by scrounging together half-broken chips from higher tiers and disabling the broken bits. I don't see the logical connection from Ethereum miners to mid-tier GPU availability, and even if such a connection did exist, I don't think subsidizing chip manufacturers by having their products be bought in massive volumes for the purpose of crunching useless numbers and gathering dust in some warehouse next to a newly reopened coal power plant that will power said warehouse is the way to do it.
Quoting: SamsaiQuoting: ArtenEvery new chip design for new proces node is more expensive with every generation of process node and there is no silver bullet like machine learning - because machine learning slowly moving to specialized hardware and so they have they own chips. We need make more GPUs and ethereum do this job for us. Righ now, there is shortage, because eth price fluctuation, but that is only short term problem. But without is limiting development of GPUs for PC, so we can in the end be tied to professional segment and game consoles chips as high-end and integrated GPU as low-end and nothink in-between.What kind of corporate welfare are we planning here? GPU manufacturers ought to make decent products that meet the demand. There is, and always has been, demand for mid-tier GPUs. They aren't even prohibitively expensive to make, it's an industry standard practice to make mid-tier and low-end products by scrounging together half-broken chips from higher tiers and disabling the broken bits. I don't see the logical connection from Ethereum miners to mid-tier GPU availability, and even if such a connection did exist, I don't think subsidizing chip manufacturers by having their products be bought in massive volumes for the purpose of crunching useless numbers and gathering dust in some warehouse next to a newly reopened coal power plant that will power said warehouse is the way to do it.
What corporate welfare? Crypto is free market. There is no welfare here.
RTX 3060 die 276mm^2, RTX 3070 die 392.5mm^2, RTX 3080 die 628.4mm^2. So its clearly different chip.
Link with ethereum is mining cards. NVIDIA CMP 30HX uses TU116 (GTX 1660), NVIDIA CMP 40HX uses TU106 (RTX 2060). And they use damaged chips, which are not usable for GPU.
About what imaginary coal power plant do you talk? I know only about one powerplant which has been rebuilded from coal to gas, so there is no reopened coal powerplant. If you read leftist propaganda in arstechnica, pleas read whole article, not only misleading title.
Last edited by Arten on 24 May 2021 at 9:45 pm UTC
Quoting: PendragonGood news! ..
now let's just hope the CCP doesn't decide to invade Taiwan
wouldnt really effect anything given china miltary might compared to Taiwans and the chinese government would have the fabs and factories open again in record time because well 1) they are not concerened with health and safety 2) They dont give a fuck what the world thinks of them and 3) see point 2 i realise its only 1 point but its so big it needs to be stated twice.
But back to graphics cards yeah something needs to happen especially when people are buying the 750 ti for over half its original rrp when it launched in 2012 and people want over 300 pounds for a graphics card that cost 129.99 when it was new in 2014/15 in the 1050ti
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