Cryptocurrencies are not "useful for society" claims Nvidia

[WYP]

Funny that Nvidia didn't say this when miners were buying huge numbers of their GPUs.



Read more about Nvidia claiming that Cryptocurrencies are not "useful for society".

 

[23RO_UK]

Well lets face it, greed and morality aren't compatible.

 

[KingNosser]

of course not they want you to think about AI and RTX overdrive now

The prices they have on the current cards are nuts, they are nuts as all they have done is have a huge amount of stock and materials they haven't shifted fully and by the time they shifted the 3000 series and reduced prices on the 4000 series they will have tons of stock of that to shift and release the new over priced 5000 series.

Idk what planet they are on but it doesn't seem like a good way to run a biz on stock they can't sell until 2 years later when it's then old stock and devalued, what is the point in making a product most can't afford.

The 4070 is midrange in the stack sold at older flagship prices, the gap in the list is huge only card worth paying for if you can afford one is the 4090 nothing else is going to be worth a dam thing for another year or so when it's time to clear the warehouse.

The worst part is the nm shrink as what are they going to do to break the 1nm level that in my view is going to be very hard and need a new idea or three like EUV did to get to where they are now and i also think it's not happening soon as there are so many things they need to think about in terms of the science behind it to make it work and be stable at a level that will last, otherwise your see more than dodgy power cords.

the world is a mess and their viewpoint sure has flipped once they milked that crypto but now that it's not part of there income oh now they dont feel it's good, whats the matter some one take away the jelly babies in the office lol

 

[Gothmoth]

The worst part is the nm shrink as what are they going to do to break the 1nm level that in my view is going to be very hard and need a new idea or three like EUV did to get to where they are now and i also think it's not happening soon as there are so many things they need to think about in terms of the science behind it to make it work and be stable at a level that will last, otherwise your see more than dodgy power cords.

i get the whole progress thing.... i am an engineer myself.

but the last years i ask myself where is this going?

is the world much better today then it was 20 or 30 years ago?
what new technology has really improved my life?

do i need a new phone every year or every 2 years?
i sure do not, my handy is from 2018.

i like new tech as much as the next guy.
but it has to make sense.
i don´t buy new stuff because it has useless gimmicks.
i don´t buy tech as fashion accessory or status symbol.

it has to offer me something of value.
with many things (features) i ask myself, who needs that, who really uses that?

and the worst thing is they pack more features into everything but it only last half as long as 20 years ago.

i have a 80.000 euro mercedes that annoys me with electronic issues.
nothing i can fix myself. i have to drive to a mercedes shop.
todays cars are full with sh*tty sensors i don´t really need.
and it gets worse with every new generation.

my first car got me from A to B and i could fix stuff myself.
i could disassemble the engine to replace a valve with no issues.
today everything has to be reseted or factory approved because the car has a computer inside that annoys the sh*t out of you.

sorry fo the rant... but my 5 year old washing machine just died.....

 

[KingNosser]

Well I upgrade when i have to lower settings or my workload is causing issues with what i want to do, had lag at times on 2500k so went 1700x problem solved then as AM4 ended and i had a new card 5800X.

Idk when i will upgrade, but like you say it has to make sense have a use or purpose which for me is gaming, so unless i need more power to enjoy things the way i like which is everything to the max at a half decent fps then no reason.

The biggest thing is just how much more powerful and in my view not every gen or even two gens, I went from 560ti sli to 970sli to 6800xt a fair gap between them thou i must admit the 970sli was aged heavily when they basically killed sli.

the 1nm issue is going to be a massive problem, so for nvidia they have to move chiplet and my feeling is the size of these cards right now is just crazy 4+ slots at times.

like you say where is it heading and what value is there, DXR at a decent level then what another form of rendering requiering a new set of software and more power.

I've seen gaming since the start and the whole time i've enjoyed it, when something is new it looks and feels good, that feeling doesn't change but of course you can see the drastic difference it's made, but games are still just the same really.

It's this constant refocusing on what they feel they want to do and create and feed the masses and lock it down to the newest gen keep it closed that is the worst part of it, might as well rent us cards and send back each gen at this point.