Will Nvidia Take The Cryptocurrency Mining Crown From AMD ?

#4770127

moab600

2014-02-21 13:20

maxwell on 28nm is so impressive, 20nm it will dominiate. i hope nvidia will price it good as well, one can wish 😀

#4770138

BLEH!

2014-02-21 13:32

7 single slot ones in my old X58 supercomputer board... :P

#4770149

Cyberdyne

2014-02-21 13:43

That is very interesting. 750 Ti ($139) 60 Watt = 242kh/s 260 x ( $119) 130Watt = 206kh/s 265 x ( $149) 150Watt = 252kh/s That watt per hash rate is crazy. Amazing for farming. Even more so when the big boys are out. Plz don't make these cards ungodly pricey. Sigh.

#4770159

0blivious

2014-02-21 13:54

This is NOT good news. Mining causing our GAMING cards to be priced as much as 50% higher than they should be is really starting to get annoying. This will just make Nvidia cards more pricy as they become popular with miners. GPUs were already overpriced before bitcoin. [edit] The article claims Nvidia won't let this gouging happen but I'm skeptical.

#4770164

Cyberdyne

2014-02-21 14:03

60 watts is nothing. Where you pay for coins is the power it takes to run your GPU at max power. So for miners they will pretty much need these new GPUs to get the most coins per $ they pay on the electric bill. Maybe somewhere down the line NVidia and AMD will make a new line of cards made especially for mining. Make the Geforce line gimped for mining to keep prices reasonable. It's not that hard to imagine, Geforce: gaming, Quadro: Workstation. Maybe Exonumia: Bitcoin mining.

#4770238

-Tj-

2014-02-21 17:02

This is NOT good news. Mining causing our GAMING cards to be priced as much as 50% higher than they should be is really starting to get annoying. This will just make Nvidia cards more pricy as they become popular with miners. GPUs were already overpriced before bitcoin. [edit] The article claims Nvidia won't let this gouging happen but I'm skeptical.

Priced higher? So far I saw only newegg doing it..

#4770242

lucidus

2014-02-21 17:09

God damn miners and their space bucks >_<

#4770252

BLEH!

2014-02-21 17:25

Soon as the miner's catch wind of the this performance the price will go through the roof to reflect demand, so much for the fanboys 😀

#4770254

Agonist

2014-02-21 17:28

Priced higher? So far I saw only newegg doing it..

You must not really look. People on Craigslist are doing it badly, people on ebay are, and even amazon. Hell even TigerDirect has done it here in the states. Its pissing me off to no end. I was gonna get a new AMD gpu but Im stuck on gtx 560ti 448 until then.

God damn miners and their space bucks >_<

This is how I feel!

#4770259

lucidus

2014-02-21 17:48

I know a very simple search would give me the answer, but if one wants to use a second card for PhysX, does it have to be SLI bridged?

Nope.

#4770268

-Tj-

2014-02-21 18:10

You must not really look. People on Craigslist are doing it badly, people on ebay are, and even amazon. Hell even TigerDirect has done it here in the states. Its pissing me off to no end. I was gonna get a new AMD gpu but Im stuck on gtx 560ti 448 until then. This is how I feel!

Ah ok that's bad, well here in EU its still stable with acceptable prices, Nvidia on the other hand is a different story, esp. 780GTX, 780Ti prices.

#4770284

Agonist

2014-02-21 18:44

Ah ok that's bad, well here in EU its still stable with acceptable prices, Nvidia on the other hand is a different story, esp. 780GTX, 780Ti prices.

Used HD 7950 reference cards used have been going for $400. I seen one for $300 but was gone in 30 mins. One guy was selling one for $175, the next week it was $350. Guess someone told him about the mining and sell it for me.

#4770291

0blivious

2014-02-21 18:52

You must not really look. People on Craigslist are doing it badly, people on ebay are, and even amazon. Hell even TigerDirect has done it here in the states. Its pissing me off to no end. I was gonna get a new AMD gpu but Im stuck on gtx 560ti 448 until then. This is how I feel!

Indeed. I'm building a rig this week (just bought everything yesterday) and I'd been watching craigslist as well as newegg/amazon. I was mainly focusing on nvidia (as I prefer them and I grabbed a 760) but I still keep my options open and look at AMD. There were no options on the red team as all of the decent ones I would consider were overpriced due to miner demand. Friggin' free money falling from the sky causing our gaming GPUs to be marked up over demand from non-gamers. You can't make this stuff up. :bang: Screw it. If ya can't beat 'em... I have a rig with a 5770 that sits idle when my son isn't with me. It isn't the greatest mining card but I looked it up and it isn't terrible. I think I'll let the guy I work with who mines set it up for me to mine litecoins (I'm a skeptic so I don't even bother). I think it's good for maybe $50/month which should easily cover power draw. I'll see if that works out and consider making a dedicated minimalist mining rig afterwards ...and perhaps a mining server farm by year's end. 🤓

#4770308

WhiteLightning

Moderator

2014-02-21 19:29

hehe, if its true i wonder if all the miners will trade in their amd cards for nvidia's

#4770312

tugCREW

2014-02-21 19:48

something great about to happen

#4770323

Denial

2014-02-21 20:02

What most people don't know is that the miner client that supports AMD GPUs has not been updated in quite some time. The one that supports Nvidia GPUs has been updated recently however, and hashrate was about doubled if I remember correctly. I am guessing that if the mining client for AMD cards was updated as well, the story might be different then it is right now.

It was optimized for AMD first, Nvidia second, AMD isn't going to suddenly see a large boost. Regardless it doesn't matter, ASIC miners for litecoin are coming shortly and once that happens GPU's will be pretty much useless in comparison. Also this article is is kinda flawed. A R270x mines at 450 for 20-30w more than the R265. Litecoin mining scales significantly better with memory bandwidth. Basically Nvidia essentially caught up with AMD in terms of performance.

#4770339

0blivious

2014-02-21 20:30

You do realize that GPU's are not made strictly for gaming right? BTW i wouldnt mine LTC with just one 5770,youd be better off mining a diffrent alt coin.

Sure, but they weren't made for mining, which is the driving force behind the price gouging. RE: 5770. This is why I'll let my coworker set it up. I don't even know the nomenclature. It is good to hear the craziness will stop in relation to our GPU prices.

#4770401

scoter man1

2014-02-21 22:08

I bet bit coins caused global warming.

That kind of comment makes me want to kill myself, even if it is a joke.

#4770449

Corrupt^

2014-02-21 23:38

What I personally hope for you people in the US is that eventually ATI and NVIDIA become rather EQUALLY good in mining, creating a null effect and bringing prices back to normal.

#4770453

Cyberdyne

2014-02-21 23:48

Also this article is is kinda flawed. A R270x mines at 450 for 20-30w more than the R265. Litecoin mining scales significantly better with memory bandwidth

A little bit of math will tell you that's not true. If your numbers for the 270x are correct, it mines at 2.5 kh/s per watt. The 750 Ti mines at 4.03 kh/s per watt. That's a significant jump.