GeForce RTX 3060 hashrate restriction bypassed by miners? (update: GeForce 470.05 Driver Unlocks Perf

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The real issue with all this is the fact that almost no regulator around the world has come up with regulation for this entire crypto currency ecosystem, which I personally find mind blowing given the fact it's a $1 TRILLION (1000 Billion) market now...
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mbk1969:

But what if GPU starts to execute DirectX, OpenGL, Vulkan high level instructions directly, not some low level "number arithmetic"?
unfortunately we have compute shaders, so its a nada on that either. you would have to scrap anything after opengl 2 / directx 9 basically. (at least if you want to retain compatibility with existing games.)
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SSD:

The real issue with all this is the fact that almost no regulator around the world has come up with regulation for this entire crypto currency ecosystem, which I personally find mind blowing given the fact it's a $1 TRILLION (1000 Billion) market now...
The whole point of crypto currency is to evade regulation. That's like asking why nobody is regulating drugs on the black market.
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In the eyes of the law.......nvidia did what should be done. Since cards are selling out for nvidia.....why care?
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So... people really thought that restriction would work? I'm surprised.
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Well... It made good press for a little while.
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schmidtbag:

The whole point of crypto currency is to evade regulation. That's like asking why nobody is regulating drugs on the black market.
bUt iT's tHe mOnEy oF tHe fUtUrEee!!111 dEcEnTrALiSaTiOn ecks dee
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schmidtbag:

The whole point of crypto currency is to evade regulation. That's like asking why nobody is regulating drugs on the black market.
The comparison doesn't really stand because the crypto currencies are not a "black market" in the real sense of the word. They are very visible and flush with money, the regulators just don't want to interfere with the almighty capitalism it seems, and all this financial liberalism will sooner or later come to bite us all in the proverbial arse...
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I can't complain... wasn't that hard to get all this! I actually managed to get 2x 3080 FE and 2x 3090 FE for MSRP. The only part I overpaid a little was the CPU, there I was above 70€ over the MSRP but even that was imo acceptable. But sure one needs to invest a little effort. Maybe currently it got a little worse but yeah.. CPU: Ryzen 9 5950X CPU cooling: AiO ARCTIC Liquid Freezer II 360 GPU: Nvidia RTX 3090 FE RAM: G.Skill Trident Z Neo 32GB Kit DDR4-3800 CL14 Mainboard: Gigabyte X570 AORUS MASTER PSU: Corsair RM1000i Soundcard: Sound BlasterX G6 Case: Fractal Design Define R6 SSD1: NVMe M2 Samsung 970 Evo Pro 512GB SSD2: NVMe M2 Samsung PM851a 1TB SSD3: Samsung 960 Evo Pro 512GB SSD4: SanDisk 256 GB WiFI add-in card: Asus PCE-AC88 PCIe USB add-in card: Delock 4x PCIE
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Astyanax:

This article is mistaken, the Ether limit has not been broken.
Dagger-Hashimoto is an initial version of the Ethereum's Ethash proof-of-work algorithm. It was designed by Vitalik Buterin and the Ethereum team by combining the prominent features of the Hashimoto algorithm and the Dagger algorithm. Dagger-Hashimoto is a memory-hard algorithm that was designed to be ASIC-resistant. Is that referring to something else?
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VenTK:

The opposite. Demand has never been higher for PC parts! You just have to keep trying. I recently upgraded my old GTX970 to an RTX3070 and I paid standard prices. It's hard, but not impossible.
Let me guess. Microcenter? Best Buy? New Egg? yes, we all have the luxury of shopping there. Queue @ EVGA store? Nah, only services NA and EU. So... nah, not for everyone.
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FE's are nVidia's reference models, just like AMD's reference models. I cannot imagine that either nVidia or AMD is anything but fully aware of which vendors are selling in bulk to miners. nVidia stopped selling the FE's--turned it over to Best Buy, IIRC. Here's Newegg: https://www.newegg.com/p/pl?d=3080+fe Here's Best Buy: https://www.bestbuy.com/site/nvidia-geforce-rtx-3090-24gb-gddr6x-pci-express-4-0-graphics-card-titanium-and-black/6429434.p?skuId=6429434 https://www.bestbuy.com/site/nvidia-geforce-rtx-3090-24gb-gddr6x-pci-express-4-0-graphics-card-titanium-and-black/6429434.p?skuId=6429434 Looks sold out to me. Same is true for AMD RX-6k's. Sold out everywhere. AMD should be flooding the AMD store with GPUs and CPUs. https://www.newegg.com/p/pl?N=100007709%20601359422%20601359957 The AMD store is bereft of Z3 CPUs and GPUs atm. https://www.amd.com/en/direct-buy/us https://www.stockinformer.com/checker-nvidia-geforce-rtx-3070-3080-3090 So why are these companies allowing the scalpers to buy the product instead of selling direct themselves to their customers? Beats me. I am certain both companies know who is buying them up and how, and through which vendors.
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I read more into this mining bullshit, and it seems when Ethereum get's updated to 2.0, GPU mining will slowly phase out. Let's hope that's true.
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Undying:

Really? No, it cant be.
You made my day 😀
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Ofc...here we go...no mercy to gamers as it seems, sh!t.
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so with in month time not even it hacked. shocking, this make the whole "mining" line waste of money and resource that already limited (resources) money dont mater nvidia is laughing to bank either way
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SSD:

The comparison doesn't really stand because the crypto currencies are not a "black market" in the real sense of the word. They are very visible and flush with money, the regulators just don't want to interfere with the almighty capitalism it seems, and all this financial liberalism will sooner or later come to bite us all in the proverbial arse...
Do you know what separates a black market from a regular one? Do you know what separates crypto currencies from fiat currency? Believe me, countries like the US and China are finding any chance they can get to take advantage of crypto currencies. They're losing tax money, and tracking crime (such as drug deals) is made so much more difficult, so it is very much within their interest to regulate it. If it were so easily done, it would have been years ago.