▲ 116 ▼ NVIDIA GPU market domination hits almost 100%, AMD dwindles, Intel non-existent (www.tweaktown.com) submitted 1 year ago by inclementimmigrant@lemmy.world to c/pcgaming@lemmy.ca 97 comments fedilink hide all child comments
[–] Tinidril@midwest.social 37 points 1 year ago (5 children) Don't forget the crypto scammers. permalink fedilink source parent hideshow 5 child comments replies: [–] 9488fcea02a9@sh.itjust.works 6 points 1 year ago (4 children) GPU hasnt been profitable to mine for many years now. People just keep parroting anti-crypto talking points for years without actually knowing what'a going on To be clear, 99% of the crypto space is a scam. But to blame them for GPU shortages and high prices is just misinformation permalink fedilink source parent hideshow 4 child comments replies: [–] D06M4@lemmy.zip 2 points 1 year ago Most people are buying Nvidia because that's what's commonly recommended on reviews. "Want to use AI? Buy Nvidia! Want the latest DX12+ support? Buy Nvidia! Want to develop videogames or encode video? Buy Nvidia! Want to upgrade to Windows 11? Buy Nvidia!" Nonstop Nvidia adverts everywhere, with tampered benchmarks and whatnot. Other brands' selling points aren't well known and the general notion is that if it's not Nvidia it sucks. permalink fedilink source parent [–] Tinidril@midwest.social 0 points 1 year ago (2 children) Profitability of Bitcoin mining is dependent on the value of Bitcoin, which has more than doubled in the last 12 months. It's true that large scale miners have moved on from GPUs to purpose designed hardware, but GPUs and mining hardware are mutually dependent on a lot of the same limited resources, including FABs. You are right that crypto doesn't drive the GPU market like it used to in the crypto boom, but I think you are underestimating the lingering impact. I would also not rule out a massive Bitcoin spike driven by actions of the Trump.p administration. permalink fedilink source parent hideshow 2 child comments replies: [–] Taldan@lemmy.world 9 points 1 year ago* (1 child) Profitability of Bitcoin mining is dependent on the value of Bitcoin No it isn't. It's driven by the supply of miners and demand of transactions. Value of bitcoin is almost entirely independent ASICs, which are used to mine Bitcoin are using very different chips than modern GPUs. Ethereum is the one that affected the GPU market, and mining is no longer a thing for Ethereum A massive Bitcoin spike would not affect the GPU market in any appreciable way Crypto mining is pretty dumb, but misinformation helps no one permalink fedilink source parent hideshow 1 child comment replies: [–] Tinidril@midwest.social 2 points 1 year ago ASICs and GPUs do share significant dependencies in the semiconductor supply chain. Building FABS fast enough to keep up with demand is difficult and resource constrained, both by expertise and high quality materials. You are wrong about the market value of Bitcoin's impact on the profitability of Bitcoin mining. https://www.investopedia.com/articles/forex/051115/bitcoin-mining-still-profitable.asp Another thing to consider is that many coins still use proof of work, and an ASIC designed for one might not work for others. Some miners (especially the most scammy ones) choose the flexibility to switch coins at will. That doesn't change the fact that ASIC now dominates, but GPUs do still have a share, especially for some of the newer scam coins. permalink fedilink source parent
[–] 9488fcea02a9@sh.itjust.works 6 points 1 year ago (4 children) GPU hasnt been profitable to mine for many years now. People just keep parroting anti-crypto talking points for years without actually knowing what'a going on To be clear, 99% of the crypto space is a scam. But to blame them for GPU shortages and high prices is just misinformation permalink fedilink source parent hideshow 4 child comments replies: [–] D06M4@lemmy.zip 2 points 1 year ago Most people are buying Nvidia because that's what's commonly recommended on reviews. "Want to use AI? Buy Nvidia! Want the latest DX12+ support? Buy Nvidia! Want to develop videogames or encode video? Buy Nvidia! Want to upgrade to Windows 11? Buy Nvidia!" Nonstop Nvidia adverts everywhere, with tampered benchmarks and whatnot. Other brands' selling points aren't well known and the general notion is that if it's not Nvidia it sucks. permalink fedilink source parent [–] Tinidril@midwest.social 0 points 1 year ago (2 children) Profitability of Bitcoin mining is dependent on the value of Bitcoin, which has more than doubled in the last 12 months. It's true that large scale miners have moved on from GPUs to purpose designed hardware, but GPUs and mining hardware are mutually dependent on a lot of the same limited resources, including FABs. You are right that crypto doesn't drive the GPU market like it used to in the crypto boom, but I think you are underestimating the lingering impact. I would also not rule out a massive Bitcoin spike driven by actions of the Trump.p administration. permalink fedilink source parent hideshow 2 child comments replies: [–] Taldan@lemmy.world 9 points 1 year ago* (1 child) Profitability of Bitcoin mining is dependent on the value of Bitcoin No it isn't. It's driven by the supply of miners and demand of transactions. Value of bitcoin is almost entirely independent ASICs, which are used to mine Bitcoin are using very different chips than modern GPUs. Ethereum is the one that affected the GPU market, and mining is no longer a thing for Ethereum A massive Bitcoin spike would not affect the GPU market in any appreciable way Crypto mining is pretty dumb, but misinformation helps no one permalink fedilink source parent hideshow 1 child comment replies: [–] Tinidril@midwest.social 2 points 1 year ago ASICs and GPUs do share significant dependencies in the semiconductor supply chain. Building FABS fast enough to keep up with demand is difficult and resource constrained, both by expertise and high quality materials. You are wrong about the market value of Bitcoin's impact on the profitability of Bitcoin mining. https://www.investopedia.com/articles/forex/051115/bitcoin-mining-still-profitable.asp Another thing to consider is that many coins still use proof of work, and an ASIC designed for one might not work for others. Some miners (especially the most scammy ones) choose the flexibility to switch coins at will. That doesn't change the fact that ASIC now dominates, but GPUs do still have a share, especially for some of the newer scam coins. permalink fedilink source parent
[–] D06M4@lemmy.zip 2 points 1 year ago Most people are buying Nvidia because that's what's commonly recommended on reviews. "Want to use AI? Buy Nvidia! Want the latest DX12+ support? Buy Nvidia! Want to develop videogames or encode video? Buy Nvidia! Want to upgrade to Windows 11? Buy Nvidia!" Nonstop Nvidia adverts everywhere, with tampered benchmarks and whatnot. Other brands' selling points aren't well known and the general notion is that if it's not Nvidia it sucks. permalink fedilink source parent
[–] Tinidril@midwest.social 0 points 1 year ago (2 children) Profitability of Bitcoin mining is dependent on the value of Bitcoin, which has more than doubled in the last 12 months. It's true that large scale miners have moved on from GPUs to purpose designed hardware, but GPUs and mining hardware are mutually dependent on a lot of the same limited resources, including FABs. You are right that crypto doesn't drive the GPU market like it used to in the crypto boom, but I think you are underestimating the lingering impact. I would also not rule out a massive Bitcoin spike driven by actions of the Trump.p administration. permalink fedilink source parent hideshow 2 child comments replies: [–] Taldan@lemmy.world 9 points 1 year ago* (1 child) Profitability of Bitcoin mining is dependent on the value of Bitcoin No it isn't. It's driven by the supply of miners and demand of transactions. Value of bitcoin is almost entirely independent ASICs, which are used to mine Bitcoin are using very different chips than modern GPUs. Ethereum is the one that affected the GPU market, and mining is no longer a thing for Ethereum A massive Bitcoin spike would not affect the GPU market in any appreciable way Crypto mining is pretty dumb, but misinformation helps no one permalink fedilink source parent hideshow 1 child comment replies: [–] Tinidril@midwest.social 2 points 1 year ago ASICs and GPUs do share significant dependencies in the semiconductor supply chain. Building FABS fast enough to keep up with demand is difficult and resource constrained, both by expertise and high quality materials. You are wrong about the market value of Bitcoin's impact on the profitability of Bitcoin mining. https://www.investopedia.com/articles/forex/051115/bitcoin-mining-still-profitable.asp Another thing to consider is that many coins still use proof of work, and an ASIC designed for one might not work for others. Some miners (especially the most scammy ones) choose the flexibility to switch coins at will. That doesn't change the fact that ASIC now dominates, but GPUs do still have a share, especially for some of the newer scam coins. permalink fedilink source parent
[–] Taldan@lemmy.world 9 points 1 year ago* (1 child) Profitability of Bitcoin mining is dependent on the value of Bitcoin No it isn't. It's driven by the supply of miners and demand of transactions. Value of bitcoin is almost entirely independent ASICs, which are used to mine Bitcoin are using very different chips than modern GPUs. Ethereum is the one that affected the GPU market, and mining is no longer a thing for Ethereum A massive Bitcoin spike would not affect the GPU market in any appreciable way Crypto mining is pretty dumb, but misinformation helps no one permalink fedilink source parent hideshow 1 child comment replies: [–] Tinidril@midwest.social 2 points 1 year ago ASICs and GPUs do share significant dependencies in the semiconductor supply chain. Building FABS fast enough to keep up with demand is difficult and resource constrained, both by expertise and high quality materials. You are wrong about the market value of Bitcoin's impact on the profitability of Bitcoin mining. https://www.investopedia.com/articles/forex/051115/bitcoin-mining-still-profitable.asp Another thing to consider is that many coins still use proof of work, and an ASIC designed for one might not work for others. Some miners (especially the most scammy ones) choose the flexibility to switch coins at will. That doesn't change the fact that ASIC now dominates, but GPUs do still have a share, especially for some of the newer scam coins. permalink fedilink source parent
[–] Tinidril@midwest.social 2 points 1 year ago ASICs and GPUs do share significant dependencies in the semiconductor supply chain. Building FABS fast enough to keep up with demand is difficult and resource constrained, both by expertise and high quality materials. You are wrong about the market value of Bitcoin's impact on the profitability of Bitcoin mining. https://www.investopedia.com/articles/forex/051115/bitcoin-mining-still-profitable.asp Another thing to consider is that many coins still use proof of work, and an ASIC designed for one might not work for others. Some miners (especially the most scammy ones) choose the flexibility to switch coins at will. That doesn't change the fact that ASIC now dominates, but GPUs do still have a share, especially for some of the newer scam coins. permalink fedilink source parent