Rumor: Radeon RX Vega cards Look to be Insanely good crypto-currency miners

Published by

Click here to post a comment for Rumor: Radeon RX Vega cards Look to be Insanely good crypto-currency miners on our message forum
https://forums.guru3d.com/data/avatars/m/80/80129.jpg
If the rumour is true (was said in a front page post on guru3d) and the vega 56 is 20% above 1070. Then the vega 64 is 30 or more above it. So yes, it is an upgrade IF THE RUMOUR IS TRUE.
If that rumor is true it's about as much as an upgrade as the 1080. So why didn't all these 1070 owners that are looking to spend $400 on 20% more performance didn't buy the 1080 in the first place? And why shouldn't these people wait only a few more months for Volta? Which is bringing another 50% perf/w over Pascal?
Whatever it is, it's VERY good news for AMD. They can sell as many cards as they can make. With Ryzen and Threadripper probably doing well, its going to fill their bank account somewhat.
It's good for AMD short term, but I don't think it's good long term. A lot of people bought Nvidia cards in the past four months due to Polaris shortages. A lot of those people are buying G-Sync monitors with it and getting locked into the Nvidia ecosystem. The past few generations AMD has been relying a lot on it's fanbase to buy it's products and now they're being sold to miners who couldn't care less what brand is on the card. Those miners don't buy freesync monitors or any hardware peripherals either - so OEM's like ASUS/MSI and whatnot would rather sell the card to a gamer as well. Then you have the left over stock when the mining market collapses. The market gets flooded with cheap cards and AMD competes against itself with a warehouse filled with cards they can't sell. I honestly think the better solution for them would be to artificially gimp mining on it's gaming cards - force miners to buy the more expensive Vega FE. A P100 also does ~70mh/s but it's $6000 - 70/s on a $1000 card would sell I would think - or just drop it to a value where it would sell.
https://forums.guru3d.com/data/avatars/m/63/63170.jpg
All gamers always complain about amd being bad in games, to much tdp, to slow, drivers not optimized... Do not complain, go buy NVidia. Leave Amd for miners. Why you complain over higher prices of product what you always complain, do not tell me that you want buy cards what you always despise.
All Gamers ? Um, Bullsh*t much ? Don't put your grievances in other peoples mouths please... They are not slow, and the drivers are fine.
data/avatar/default/avatar01.webp
There was sort of a crash a couple weeks back and then gone up again...I lost hope and bough my RX560.
That was just the start/signal. We've been in a constant bull market since the start of this year. It has to come down now. There are many signs that are pointing to the inevitable bear market e.g scarcity of GPUs, Exchanges getting seized (BTC-e), ICO regulations by the SEC, Exchanges lagging and getting hacked, random non-techy idiots entering the markets (e.g Floyd mayweathr promoting a crappy ICO on social media) etc. This temporary increase in crypto markets is just a 'bull trap'. The bubble will burst very soon, and everything will be back to normal. The actual professional miners were mining fine before this Gold rush started and there were no supply issues of GPUs, so don't blame them. Blame everyday regular plebs that are getting into mining lately because of 'Free moniez'.
https://forums.guru3d.com/data/avatars/m/63/63170.jpg
If that rumor is true it's about as much as an upgrade as the 1080. So why didn't all these 1070 owners that are looking to spend $400 on 20% more performance didn't buy the 1080 in the first place? And why shouldn't these people wait only a few more months for Volta? Which is bringing another 50% perf/w over Pascal?
So its a fact that Volta is 50% perf/W better than Pascal ? Care to show the proof of that ? Is a "few more months" somewhere between 1 and 12 😉 ? Don't state rumours or guesses as facts please.
https://forums.guru3d.com/data/avatars/m/80/80129.jpg
So its a fact that Volta is 50% perf/W better than Pascal ? Care to show the proof of that ? Is a "few more months" somewhere between 1 and 12 😉 ? Don't state rumours or guesses as facts please.
It's not a rumor or a guess, it's in Nvidia's Volta slides for GV100. The 12nm FFC process alone is a 25% perf/w increase, another number from TSMC itself. https://images.nvidia.com/content/volta-architecture/pdf/Volta-Architecture-Whitepaper-v1.0.pdf
Volta features a major new redesign of the SM processor architecture that is at the center of the GPU. The new Volta SM is 50% more energy efficient than the previous generation Pascal design, enabling major boosts in FP32 and FP64 performance in the same power envelope.
Also we're literally commenting in a thread that's based on a rumor and making guesses based on that rumor. So yeah.
https://forums.guru3d.com/data/avatars/m/267/267995.jpg
The online retailers can solve this in an instant by limiting the number of cards one purchaser can buy in one order to 2 cards. Then the people who are looking for GPUs for non-mining purposes have a running chance to get one. The bricks and mortar stores can do the same.
data/avatar/default/avatar31.webp
I called this exactly in another thread. Of course this card was gonna sell well based on mining rather than gaming.
The online retailers can solve this in an instant by limiting the number of cards one purchaser can buy in one order to 2 cards. Then the people who are looking for GPUs for non-mining purposes have a running chance to get one. The bricks and mortar stores can do the same.
Not sure how much that would help. Maybe a little for the huge retailers who get large numbers but that idea (that they should do anyways) would just spread miners over multiple storefronts instead of each miners buying out stock from a single retailer. Also how do you stop miners who ship to a third party company (usually used when a site doesnt offer shipping to ur country)? They could use several of those services (to have multiple shipping addresses) and ship 2 to each. They can ship to their friends houses and use different billing for each. There's just too many ways to get around the "block" that it does little to curb these guys with determination.
https://forums.guru3d.com/data/avatars/m/31/31371.jpg
DON'T believe any rumor as this one sound a bit to fishy if ask me. I wait for real hardware review by min other review to validate it. If true then fine but any case it not good for us game who to buy one.
data/avatar/default/avatar03.webp
Retailers are going to sell it for Max profit. There are no laws that can govern the final selling price otherwise that would be price fixing. AMD can cutoff the retailers but it would be too late to prevent price gouging. Gamers are going to be screwed for a few months if Vega really can calculate hashrates much better than anything else.
https://forums.guru3d.com/data/avatars/m/258/258688.jpg
All Gamers ? Um, Bullsh*t much ? Don't put your grievances in other peoples mouths please... They are not slow, and the drivers are fine.
Precisely--only people without any AMD experience come up with that rubbish...;) N00b city.
https://forums.guru3d.com/data/avatars/m/250/250418.jpg
If the rumour is true (was said in a front page post on guru3d) and the vega 56 is 20% above 1070. Then the vega 64 is 30 or more above it. So yes, it is an upgrade IF THE RUMOUR IS TRUE.
The performance is surely there, don't get me wrong. To me it doesn't makes sense dropping $499 for a GPU if you dropped similar amount not long ago for your 1070. My buying technique is going for something with around 2x the performance I have, for that price range I'm in the market for. I had an R9 270x and was aiming at the RX570 (unfortunately couldn't get one). If you have a 1070, I'd wait for the 2070 or for Navi.
All gamers always complain about amd being bad in games, to much tdp, to slow, drivers not optimized... Do not complain, go buy NVidia. Leave Amd for miners. Why you complain over higher prices of product what you always complain, do not tell me that you want buy cards what you always despise.
I love AMD cards, I bought a RX560 (instead of the RX570) because I didn't want a ****ing overpriced 1060.
Us poor gamers will pay the price for this, should you want/need a new GPU and getting your hands on a RX Vega i think you can forget about that for sometime to come unless you're willing to pay a inflated price tag . 🙁
I get the joke, coming from someone with a 1080Ti...but it's not funny.
The actual professional miners were mining fine before this Gold rush started and there were no supply issues of GPUs, so don't blame them. Blame everyday regular plebs that are getting into mining lately because of 'Free moniez'.
I know there are professional miners and I really don't blame them, they can't make that big of an impact. They also use dedicated machines for mining and not just GPU's. The problem is when every John Doe wan'ts to get in the gold rush and starts to buy 20 to 30 GPU's to make 3 or 4 mining rigs for themselves. Then you have those faggots who buy all stock on store and sell them online for inflated prices to cash in the opportunity. That was the major issue on my country.
The online retailers can solve this in an instant by limiting the number of cards one purchaser can buy in one order to 2 cards. Then the people who are looking for GPUs for non-mining purposes have a running chance to get one. The bricks and mortar stores can do the same.
I wish, they're all too greedy and don't care.
https://forums.guru3d.com/data/avatars/m/258/258688.jpg
If there's a demand, they'll introduce a graphics-free, displayless version for miners. But I think all of that is a passing fad, anyway.
https://forums.guru3d.com/data/avatars/m/63/63170.jpg
It's not a rumor or a guess, it's in Nvidia's Volta slides for GV100. The 12nm FFC process alone is a 25% perf/w increase, another number from TSMC itself. https://images.nvidia.com/content/volta-architecture/pdf/Volta-Architecture-Whitepaper-v1.0.pdf Also we're literally commenting in a thread that's based on a rumor and making guesses based on that rumor. So yeah.
I get where you are coming from, but that GV100 is built on its very own, very expensive process. I very much doubt the commercial Volta GPU's are going to be on the same expensive process, so the comparison is moot for now, until we know anything at all about 'our' Volta. Also, this thread is about Rumours specifically pertaining to the Cryptocurrency capabilities of Vega, not a random rumour thread.
https://forums.guru3d.com/data/avatars/m/63/63170.jpg
On Topic : I'd easily believe Gibbo, and it would be weird if ONE GPU manufacturer didn't take advantage of the Mining craze. AMD needs the cash, and this is how they can sell every single one of the cards they make. Its a litteral Goldmine for them. At those hash rates, even a 50% functional Vega would be sold no problem. Flog those buggers to the miners, headless, at a price they couldn't refuse 🙂
https://forums.guru3d.com/data/avatars/m/216/216349.jpg
It's good for AMD short term, but I don't think it's good long term. A lot of people bought Nvidia cards in the past four months due to Polaris shortages. A lot of those people are buying G-Sync monitors with it and getting locked into the Nvidia ecosystem. The past few generations AMD has been relying a lot on it's fanbase to buy it's products and now they're being sold to miners who couldn't care less what brand is on the card. Those miners don't buy freesync monitors or any hardware peripherals either - so OEM's like ASUS/MSI and whatnot would rather sell the card to a gamer as well. Then you have the left over stock when the mining market collapses. The market gets flooded with cheap cards and AMD competes against itself with a warehouse filled with cards they can't sell. I honestly think the better solution for them would be to artificially gimp mining on it's gaming cards - force miners to buy the more expensive Vega FE. A P100 also does ~70mh/s but it's $6000 - 70/s on a $1000 card would sell I would think - or just drop it to a value where it would sell.
All this^ In the short term is good for AMD to sell their GPUs to miners but on the long term, things could get ugly for them... Of course this is also bad for Nvidia users because without competition Nvida can continue to increase prices... Crippling mining on their GPUs would be the best solution but is that even technically possible???
https://forums.guru3d.com/data/avatars/m/172/172560.jpg
is it just me, or AMD is actually trying to make a market for Vega?
https://forums.guru3d.com/data/avatars/m/63/63170.jpg
If that rumor is true it's about as much as an upgrade as the 1080. So why didn't all these 1070 owners that are looking to spend $400 on 20% more performance didn't buy the 1080 in the first place? And why shouldn't these people wait only a few more months for Volta? Which is bringing another 50% perf/w over Pascal? It's good for AMD short term, but I don't think it's good long term. A lot of people bought Nvidia cards in the past four months due to Polaris shortages. A lot of those people are buying G-Sync monitors with it and getting locked into the Nvidia ecosystem. The past few generations AMD has been relying a lot on it's fanbase to buy it's products and now they're being sold to miners who couldn't care less what brand is on the card. Those miners don't buy freesync monitors or any hardware peripherals either - so OEM's like ASUS/MSI and whatnot would rather sell the card to a gamer as well. Then you have the left over stock when the mining market collapses. The market gets flooded with cheap cards and AMD competes against itself with a warehouse filled with cards they can't sell. I honestly think the better solution for them would be to artificially gimp mining on it's gaming cards - force miners to buy the more expensive Vega FE. A P100 also does ~70mh/s but it's $6000 - 70/s on a $1000 card would sell I would think - or just drop it to a value where it would sell.
Can you point to where you get the knowledge that a LOT of people are buying GSync Monitors with their GeForce cards ? Really ?
https://forums.guru3d.com/data/avatars/m/254/254725.jpg
If that rumor is true it's about as much as an upgrade as the 1080. So why didn't all these 1070 owners that are looking to spend $400 on 20% more performance didn't buy the 1080 in the first place? And why shouldn't these people wait only a few more months for Volta? Which is bringing another 50% perf/w over Pascal? It's good for AMD short term, but I don't think it's good long term. A lot of people bought Nvidia cards in the past four months due to Polaris shortages. A lot of those people are buying G-Sync monitors with it and getting locked into the Nvidia ecosystem. The past few generations AMD has been relying a lot on it's fanbase to buy it's products and now they're being sold to miners who couldn't care less what brand is on the card. Those miners don't buy freesync monitors or any hardware peripherals either - so OEM's like ASUS/MSI and whatnot would rather sell the card to a gamer as well. Then you have the left over stock when the mining market collapses. The market gets flooded with cheap cards and AMD competes against itself with a warehouse filled with cards they can't sell. I honestly think the better solution for them would be to artificially gimp mining on it's gaming cards - force miners to buy the more expensive Vega FE. A P100 also does ~70mh/s but it's $6000 - 70/s on a $1000 card would sell I would think - or just drop it to a value where it would sell.
I hope that's what happens because AMD's market share is tenuous enough as it is.
All this^ In the short term is good for AMD to sell their GPUs to miners but on the long term, things could get ugly for them... Of course this is also bad for Nvidia users because without competition Nvida can continue to increase prices... Crippling mining on their GPUs would be the best solution but is that even technically possible???
They could probably do it through drivers fairly easily, perhaps BIOS too. The best thing to do, if they can, is permanently ruining it for mining via some hardware bits. Ruining multi-GPU so that when another card is detected on the system it destroys performance might be the fastest and easiest way. Here's hoping that AMD figures out something soon.
https://forums.guru3d.com/data/avatars/m/270/270233.jpg
This is certainly bad news for gamers, but I think we should wait for confirmation before jumping to any conclusions. Furthermore, mining is not nearly as profitable as it once was. Prices of ETH have come down quite a bit and are hovering a bit above the $200 mark, plus the difficulty continues to ramp up (it made another 20% jump in the past week). Polaris cards are also expected to decrease in performance as the DAG grows. Combination of these factors means that small-time miners will gradually be squeezed out, and we should see the GPU market gradually returning to normal. Note that this affects Nvidia cards as well, especially since Nvidia cards are expected to maintain their hashing performance over time (as I mentioned above, Polaris cards will suffer performance degradation with each DAG epoch). A GTX 1070 is probably the most attractive mining card at the moment.
https://forums.guru3d.com/data/avatars/m/246/246171.jpg
"Gamers beware" "If this is true, it's going to be a bad deal for gamers." For once, I don't think most gamers will really care. People have been very pessimistic about Vega. Of the gamers who will want it, they'll likely get their hands on one on release day for a reasonable price. A week later, Vega will be pretty much only appeal to miners. The good news is this means more in-demand GPUs like the RX 580 will finally be available, and for a decent price. I'd say this is a win-win for everyone: the mainstream market gets the products they want, AMD sells a GPU that doesn't appeal to gamers, and miners get a product that suits their needs better than anything else. EDIT: On another note, I've heard how Vega has insanely good compute performance for things other than mining too. I suspect the Vega-based FirePros are going to be very good products and will sell well. Vega just seems to be better for professional purposes rather than gaming.