I want the pain to really hurt. They deserve it. I would blame NVIDIA and AMD for not ramping up production, but the sad fact is, there's only so many foundries capable of producing GPU chips and those are TSMC and Samsung, so it's really a matter of not having enough capacity.
I quit gaming to focus on disinformation because when I went off to college, folks from that community went so far as to walk uninivted into a house party thrown by an ex-girlfriend to repeat dead memes then act surprised when the response was nearly kinetic.
(I was starting to get involved with the local green movement instead of Pokemon Green, they were forever angry sitting alone at home for hours never led to a girlfriend. Always whining about finding a girlfriend, never a partner, the rude little "incel"s)
Anyways, I agree that the Bitcoin boys deserve to be pain, and they should pray to whatever god they wish that it's only psychic after being so harmful to the planet to try to route around consent (and AML laws - 10k is 10k dumbasses).
The hard truth is that Lyft, Airbnb, Bitcoin, Grubhub, a lot of it is reinventing the cyberpunk lifestyle you could have lived in the 90s or could TODAY with a little cash and respect for the fact that people are not programs and do not have the memory of goldfish.
> If I can pick up a 6900 XT for $499 or so, especially used from a miner who's had it undervolted and likely running at 80% or less all day, I'll bite.
It's sad that places like Ebay are useless due to so many scams, and Craigslist suffers the same issues if you don't "keep it local" -- at least when I used to do deals on CL, I had the option of just taking a Louisville slugger to someone if they tried to walk away with both the currency and the merchandise.
(Or getting in my car and driving off if they tried to negotiate too hard over ten bux.)
Anyways thanks for raising this idea of undervolting -- I had a Game Gear as a kid so I'm forever on the lookout for ways to avoid my battery going dead.
(It took six AAs and would die just as you got close to Lake Erie, the thing fucking sucked power worse than a Dogecoin farm)
>I would blame NVIDIA and AMD for not ramping up production, but the sad fact is, there's only so many foundries capable of producing GPU chips and those are TSMC and Samsung, so it's really a matter of not having enough capacity.
My worry is they'll build foundries across SE Asia, and then folks like Apple will coerce the smaller countries in parallel more easily, now that China has built up a middle class that, much like the times leading up to the Tienanmen protests, is once again ready to rise up against their totalitarian oppressors.
Take a look at the "big board":
Taiwan is staring down the barrel of the PRC, and South Korea is forever under the threat of annihilation since Kim Jong Dumbass could launch a massive kinetic strike at any moment, and major powers like China have stated they have a no first strike nuclear policy.
(On my end, I'm just one guy, but I also am feeling hamstrung by a decade plus long promise to only relatiate, never intrude, in the "cyber" realm... but I'm just one guy, taking a break from making purposefully inflamatory GIF laden conference slides since apparently diplomacy gets you nowhere :-) )
As it stands, the previous generation shows that prices can become arbitrarily high if supply is low. Two years and a crypto crash later the cards are getting close to their MSRP from two years ago.
It always confused me how many people stocked up on the latter, since if you want to actually have a resistance like the founding fathers intended, not just have a series of manchild meltdowns at the idea of a "well regulated" militia, ending with getting shot by the senate sergeant at arms, what I was told you do is run up on them like they're Reinhard Heydrich and use at least a .22 magnum, with hollowpoints, so they enter the skull, split open wide, then bounce around, rather than .223 rifle round or some double plus P bullshit that will go in one side of the head, out the other, and through a wall into the head of someone who's not a totalitarian scumbag.
But I was very drunk and had my phone off when I had THAT conversation. I've quit drinking alcohol with strangers since. Zdraví! :-)
Anyways, to swing it back to gaming or whatever:
>As it stands, the previous generation shows that prices can become arbitrarily high if supply is low
The issue is the supply will always be low if the MSRP is too low and/or folks don't enforce the law when people buy up consumer goods for illegal enterprises to the detriment of the hobbyists and other peaceful civilians the MSRP is meant to be set for.
The issue is can people make the supply low and drive the cards price up where such activity is profitable, or not. You can declare the MSRP 'too low' but if there are plenty of cards available at MSRP no one will pay the inflated price.
The supply was very low, which allowed people to drive the price up for opportunities to engage in some profitable arbitrage with those few who were interested in overpaying for the cards. After a short time of ubiquitous scalping, the manufacturers themselves raised the price to eat the amount being arbitrated because why wouldn't they if there were still people buying at that price? At that point why would they make more cards if they can make money selling fewer cards with less cost?
The 'market finds the price' approach doesn't work if everyone involved including the manufacturers are all looking to drive the price up for their own profit, which is what happened. Lots of people made money as middlemen for running bots etc to snap up whatever supply of cards there were, without adding any value or improving anything but their own finances.
Now translate that to everything else you buy and you can see that if the same could be done to baby formula, or cars, or houses, or eggs, and you can clearly see it would be a negative on society in general. You just need someone with a big enough fund - like say blackrock buying up homes, etc.
Agreed. Folks want to focus on one variable (the MSRP) -- with the idea "the market" will adjust that variable, but "the market" is not a healthy one -- if people are buying a bunch of GPUs to create an electronic currency that is less private than cash, then using it for a host of illegal activity you can do... with cash... and in the process distorting the market for scientific equipment (as the one parent hinted at with their comment about "just" doing machine learning) then only changing one variable (the MSRP) isn't the appropriate solution.
But you get people who would scoff at the idea of an invisible man in the sky having near religious meltdowns if you tell them there's also no invisible hand in the market :-)
Nvida specifically or are you using their name as a stand in for GPUs in general?