Re:Nvidia CEO: We bet the farm on AI and no one knew it
by kranke155 on Thursday December 21, 2023 @10:42AM
(#38721859)
The miners were buying both Nvidia and AMD I think?
[ Parent
| on HN ]
Re:Nvidia CEO: We bet the farm on AI and no one knew it
by Gh0stRAT on Thursday December 21, 2023 @10:56AM
(#38722090)
Yeah, I'm going to be honest: I'm a cryptocurrency doomer so I've not followed things super closely, but a quick Google search turned up this article[0] from 2022:
>While it is true that Nvidia cards are generally preferred by miners due to better price-to-performance, AMD GPUs such as the Radeon RX 6600 XT could still be mined on profitably until recently. […] So yes, carefully consider the condition of all used graphics cards—Nvidia or AMD.
[0] https://www.pcworld.com/article/395149/should-you-buy-a-used...
Re:Nvidia CEO: We bet the farm on AI and no one knew it
by Slartie on Thursday December 21, 2023 @04:31PM
(#38727268)
Yes, they bought any supply they could get their hands on. Also, it's not true that Nvidia cards were generally better for (Eth) mining. The Radeon VII for example outclassed Nvidia cards sold at the same time. It's just that Nvidia was able to supply more cards, since they had won the bigger gaming marketshare a while ago and thus were producing more.