• Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

"Where Are My Graphics Cards?" - 3 Million Sold to Cryptocurrency Miners in 2017

Joined
Aug 20, 2007
Messages
20,709 (3.41/day)
System Name Pioneer
Processor Ryzen R9 7950X
Motherboard GIGABYTE Aorus Elite X670 AX
Cooling Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory 64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30
Video Card(s) XFX RX 7900 XTX Speedster Merc 310
Storage 2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs
Display(s) 55" LG 55" B9 OLED 4K Display
Case Thermaltake Core X31
Audio Device(s) TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED
Power Supply FSP Hydro Ti Pro 850W
Mouse Logitech G305 Lightspeed Wireless
Keyboard WASD Code v3 with Cherry Green keyswitches
Software Windows 11 Enterprise (legit), Gentoo Linux x64
Joined
Apr 19, 2011
Messages
2,198 (0.46/day)
Location
So. Cal.
trying to advance a new tech and it employs people in the market
But, running blockchain does exactly what? Cure cancer, entertain, produce gold to then make into everything from exotic electrical circuits to jewelry. I've yet to understand the "tangible" that mining pays for?
 
Last edited:
Joined
Apr 30, 2012
Messages
3,881 (0.89/day)
You can say the same thing with mining, its trying to advance a new tech and it employs people in the market.


BBC said:
Smari McCarthy, a member of the Icelandic parliament for the Pirate Party, tweeted: "Cryptocurrency mining requires almost no staff, very little in capital investments, and mostly leaves no taxes either.
"The value to Iceland... is virtually zero."
 
Joined
Aug 20, 2007
Messages
20,709 (3.41/day)
System Name Pioneer
Processor Ryzen R9 7950X
Motherboard GIGABYTE Aorus Elite X670 AX
Cooling Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory 64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30
Video Card(s) XFX RX 7900 XTX Speedster Merc 310
Storage 2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs
Display(s) 55" LG 55" B9 OLED 4K Display
Case Thermaltake Core X31
Audio Device(s) TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED
Power Supply FSP Hydro Ti Pro 850W
Mouse Logitech G305 Lightspeed Wireless
Keyboard WASD Code v3 with Cherry Green keyswitches
Software Windows 11 Enterprise (legit), Gentoo Linux x64

To be completely fair, not that many people live in Iceland...

And lol @ using a tweet as a source (of the PIRATE PARTY no less)... he obviously hasn't seen the fully staffed mining farms. They use more staff than an equivalent datacenter. This is bringing far more money into iceland than this guy will ever imagine...

But, running blockchain does exactly what? Cure cancer, entertain, produce gold to then make into everything from exotic electrical circuits to jewelry. I've yet to understand the "tangible" that mining pays for?

The payment network. That's the product.
 
Joined
Apr 30, 2012
Messages
3,881 (0.89/day)
To be completely fair, not that many people live in Iceland...

And lol @ using a tweet as a source (of the PIRATE PARTY no less)... he obviously hasn't seen the fully staffed mining farms. They use more staff than an equivalent datacenter. This is bringing far more money into iceland than this guy will ever imagine...

Have you seen the sources used around here. Thats like real journalism.

If they pass the tax proposals for them (data miner) they will. If not they will continue to leach their green energy resources and cry about it later when they pack up and leave or their lease is up.

The payment network. That's the product.

Motherboard - One Bitcoin Transaction Now Uses as Much Energy as Your House in a Week
 
Last edited:
Joined
Apr 19, 2011
Messages
2,198 (0.46/day)
Location
So. Cal.
The payment network. That's the product.
I see it as more a self-fulfilling prophecy. If they where doing something like checking and encrypting say MasterCard transaction there enough outside simulation.

But here the payment network is self-feeding it's own business. When transactions slow (as perhaps a minor loss in value have people sit on it hoping it rebound) so do the folk working the transitions (less Bitcoins moving around). You see less return (harder to generate coin) to the point when cost to operate is not adding cryptocurrency and spiral even more.
 
Last edited:
Joined
Aug 20, 2007
Messages
20,709 (3.41/day)
System Name Pioneer
Processor Ryzen R9 7950X
Motherboard GIGABYTE Aorus Elite X670 AX
Cooling Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory 64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30
Video Card(s) XFX RX 7900 XTX Speedster Merc 310
Storage 2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs
Display(s) 55" LG 55" B9 OLED 4K Display
Case Thermaltake Core X31
Audio Device(s) TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED
Power Supply FSP Hydro Ti Pro 850W
Mouse Logitech G305 Lightspeed Wireless
Keyboard WASD Code v3 with Cherry Green keyswitches
Software Windows 11 Enterprise (legit), Gentoo Linux x64
I see it as more a self-fulfilling prophecy. If they where doing something like checking and encrypting say MasterCard transaction there enough outside simulation.

They ARE encrypting and validating bitcoin (or whatever crypto).

Bitcoin issues at the same rate regardless of how many mine. Most cryptos operate that way.

Have you seen the sources used around here. Thats like real journalism.

Sorry, it's not and never will be, no matter who does it. A random set of words does not make an actual researched position.


You post that like I'm some kind of bitcoin advocate.

I've maintained bitcoin is a dying beast for a very long time.
 
Joined
Feb 18, 2012
Messages
2,715 (0.61/day)
System Name MSI GP76
Processor intel i7 11800h
Cooling 2 laptop fans
Memory 32gb of 3000mhz DDR4
Video Card(s) Nvidia 3070
Storage x2 PNY 8tb cs2130 m.2 SSD--16tb of space
Display(s) 17.3" IPS 1920x1080 240Hz
Power Supply 280w laptop power supply
Mouse Logitech m705
Keyboard laptop keyboard
Software lots of movies and Windows 10 with win 7 shell
Benchmark Scores Good enough for me
But, running blockchain does exactly what? Cure cancer, entertain, produce gold to then make into everything from exotic electrical circuits to jewelry. I've yet to understand the "tangible" that mining pays for?
You and everyone else thinks that crypto mining is tangible items, its not, its intangible items. Like a digital download of a game. A decade or more ago, I had to go to best buy or circuit city to buy my games on a DVD or CD disk, today I can just log into Steam and buy a downloadable game.
Crypto mining keeps the network going, its like its own internet. Without the huge datacenters around the world there would be no internet.
 
Joined
Aug 20, 2007
Messages
20,709 (3.41/day)
System Name Pioneer
Processor Ryzen R9 7950X
Motherboard GIGABYTE Aorus Elite X670 AX
Cooling Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory 64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30
Video Card(s) XFX RX 7900 XTX Speedster Merc 310
Storage 2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs
Display(s) 55" LG 55" B9 OLED 4K Display
Case Thermaltake Core X31
Audio Device(s) TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED
Power Supply FSP Hydro Ti Pro 850W
Mouse Logitech G305 Lightspeed Wireless
Keyboard WASD Code v3 with Cherry Green keyswitches
Software Windows 11 Enterprise (legit), Gentoo Linux x64
You and everyone else thinks that crypto mining is tangible items, its not, its intangible items. Like a digital download of a game. A decade ago, I had to go to best buy or circuit city to buy my games on a DVD or CD disk, today I can just log into Steam and buy a downloadable game.
Crypto mining keeps the network going, its like its own internet. Without the huge datacenters around the world there would be no internet.

I want to know what the electric cost is to create all those cat pictures on the internet.

I mean, really. I do.
 
Joined
Feb 18, 2012
Messages
2,715 (0.61/day)
System Name MSI GP76
Processor intel i7 11800h
Cooling 2 laptop fans
Memory 32gb of 3000mhz DDR4
Video Card(s) Nvidia 3070
Storage x2 PNY 8tb cs2130 m.2 SSD--16tb of space
Display(s) 17.3" IPS 1920x1080 240Hz
Power Supply 280w laptop power supply
Mouse Logitech m705
Keyboard laptop keyboard
Software lots of movies and Windows 10 with win 7 shell
Benchmark Scores Good enough for me
I want to know what the electric cost is to create all those cat pictures on the internet.

I mean, really. I do.
I want to know how much power it cost to store all of those tide pod challenge videos on YouTube and other media websites.
Or the many many other viral challenge videos going around, I guess the newest one that the media is trying to popularize is the lemon challenge.
 
Joined
Aug 20, 2007
Messages
20,709 (3.41/day)
System Name Pioneer
Processor Ryzen R9 7950X
Motherboard GIGABYTE Aorus Elite X670 AX
Cooling Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory 64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30
Video Card(s) XFX RX 7900 XTX Speedster Merc 310
Storage 2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs
Display(s) 55" LG 55" B9 OLED 4K Display
Case Thermaltake Core X31
Audio Device(s) TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED
Power Supply FSP Hydro Ti Pro 850W
Mouse Logitech G305 Lightspeed Wireless
Keyboard WASD Code v3 with Cherry Green keyswitches
Software Windows 11 Enterprise (legit), Gentoo Linux x64
I want to know how much power it cost to store all of those tide pod challenge videos on YouTube and other media websites.

Forget the kids. THINK OF THE CO2!
 
Joined
Feb 18, 2012
Messages
2,715 (0.61/day)
System Name MSI GP76
Processor intel i7 11800h
Cooling 2 laptop fans
Memory 32gb of 3000mhz DDR4
Video Card(s) Nvidia 3070
Storage x2 PNY 8tb cs2130 m.2 SSD--16tb of space
Display(s) 17.3" IPS 1920x1080 240Hz
Power Supply 280w laptop power supply
Mouse Logitech m705
Keyboard laptop keyboard
Software lots of movies and Windows 10 with win 7 shell
Benchmark Scores Good enough for me
Forget the kids. THINK OF THE CO2!
If people die from that challenge it helps global warming and the gene pool
 
Joined
Aug 20, 2007
Messages
20,709 (3.41/day)
System Name Pioneer
Processor Ryzen R9 7950X
Motherboard GIGABYTE Aorus Elite X670 AX
Cooling Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory 64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30
Video Card(s) XFX RX 7900 XTX Speedster Merc 310
Storage 2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs
Display(s) 55" LG 55" B9 OLED 4K Display
Case Thermaltake Core X31
Audio Device(s) TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED
Power Supply FSP Hydro Ti Pro 850W
Mouse Logitech G305 Lightspeed Wireless
Keyboard WASD Code v3 with Cherry Green keyswitches
Software Windows 11 Enterprise (legit), Gentoo Linux x64
If people die from that challenge it helps global warming

Depends. We don't know how much those stupid videos take up.

The world must know!
 
Joined
Feb 18, 2012
Messages
2,715 (0.61/day)
System Name MSI GP76
Processor intel i7 11800h
Cooling 2 laptop fans
Memory 32gb of 3000mhz DDR4
Video Card(s) Nvidia 3070
Storage x2 PNY 8tb cs2130 m.2 SSD--16tb of space
Display(s) 17.3" IPS 1920x1080 240Hz
Power Supply 280w laptop power supply
Mouse Logitech m705
Keyboard laptop keyboard
Software lots of movies and Windows 10 with win 7 shell
Benchmark Scores Good enough for me
Depends. We don't know how much those stupid videos take up.

The world must know!
i dont think the world is ready
 
Joined
Apr 30, 2012
Messages
3,881 (0.89/day)
I want to know how much power it cost to store all of those tide pod challenge videos on YouTube and other media websites.
Or the many many other viral challenge videos going around, I guess the newest one that the media is trying to popularize is the lemon challenge.

2.26 Terrawatts (Energy Google uses a year 2010)
*source PCMagazine

30.1 Terrawatts (Energy used for Bitcon a year and growing)
*source WIRED
 
Joined
Feb 18, 2012
Messages
2,715 (0.61/day)
System Name MSI GP76
Processor intel i7 11800h
Cooling 2 laptop fans
Memory 32gb of 3000mhz DDR4
Video Card(s) Nvidia 3070
Storage x2 PNY 8tb cs2130 m.2 SSD--16tb of space
Display(s) 17.3" IPS 1920x1080 240Hz
Power Supply 280w laptop power supply
Mouse Logitech m705
Keyboard laptop keyboard
Software lots of movies and Windows 10 with win 7 shell
Benchmark Scores Good enough for me
2.26 Terrawatts (Energy Google uses a year 2010)
*source PCMagazine

30.1 Terrawatts (Energy used for Bitcon a year and growing)
*source WIRED
Anything newer, like 2017 at least.
In 2010, I was using maybe 2 kilo/w per day of power, today I use 10-11.5 kilo/w per hour.
 
Joined
Feb 18, 2012
Messages
2,715 (0.61/day)
System Name MSI GP76
Processor intel i7 11800h
Cooling 2 laptop fans
Memory 32gb of 3000mhz DDR4
Video Card(s) Nvidia 3070
Storage x2 PNY 8tb cs2130 m.2 SSD--16tb of space
Display(s) 17.3" IPS 1920x1080 240Hz
Power Supply 280w laptop power supply
Mouse Logitech m705
Keyboard laptop keyboard
Software lots of movies and Windows 10 with win 7 shell
Benchmark Scores Good enough for me
Joined
Mar 10, 2015
Messages
3,984 (1.20/day)
System Name Wut?
Processor 3900X
Motherboard ASRock Taichi X570
Cooling Water
Memory 32GB GSkill CL16 3600mhz
Video Card(s) Vega 56
Storage 2 x AData XPG 8200 Pro 1TB
Display(s) 3440 x 1440
Case Thermaltake Tower 900
Power Supply Seasonic Prime Ultra Platinum
2.26 Terrawatts (Energy Google uses a year 2010)
*source PCMagazine

30.1 Terrawatts (Energy used for Bitcon a year and growing)
*source WIRED

In fairness, that doesn't count the power that it took to create the 'content'.
 
Joined
Aug 20, 2007
Messages
20,709 (3.41/day)
System Name Pioneer
Processor Ryzen R9 7950X
Motherboard GIGABYTE Aorus Elite X670 AX
Cooling Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory 64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30
Video Card(s) XFX RX 7900 XTX Speedster Merc 310
Storage 2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs
Display(s) 55" LG 55" B9 OLED 4K Display
Case Thermaltake Core X31
Audio Device(s) TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED
Power Supply FSP Hydro Ti Pro 850W
Mouse Logitech G305 Lightspeed Wireless
Keyboard WASD Code v3 with Cherry Green keyswitches
Software Windows 11 Enterprise (legit), Gentoo Linux x64
Joined
Apr 30, 2012
Messages
3,881 (0.89/day)
In fairness, that doesn't count the power that it took to create the 'content'.

Or power on a machine to view it.

Yet your talking about a company that has a estimated 1/3rd of the internet traffic (Google is not just YouTube) and is dwarfed by 1 cryptocurrency many times over.

You can even toss in Facebook at 1.8 TWH for 2016 which combine with Google your talking about an estimated 70% of the internet traffic going through their services according to Newsweek article.

1.8 + 5.7 = 7.5 TwH - 30.1 = 22.6 TwH that 1 cryptocurrency (Just Bitcoin) is using over what Google & Facebook use who are responsible for 70% of the internets traffic.

Let that sink in...
 
Last edited:
Joined
Feb 1, 2017
Messages
53 (0.02/day)
System Name maxedoutgamer
Processor i5-4670k @4.2ghz
Motherboard Asrock z87
Cooling Noctua NH-D14
Memory 16GB ddr3 2133
Video Card(s) gtx 1080 (Palit Jetstream)
Storage 512GB Samsung 840pro
Display(s) Acer B286HK - 4K, baby
Case Fractal Design Define R4
Power Supply evga nex650g
Benchmark Scores eeeexcelent
Yet your talking about a company that has a estimated 1/3rd of the internet traffic (Google is not just YouTube) and is dwarfed by 1 cryptocurrency many times over.

You can even toss in Facebook at 1.8 TWH for 2016 which combine with Google your talking about an estimated 70% of the internet traffic going through their services according to Newsweek article.

1.8 + 5.7 = 7.5 TwH - 30.1 = 22.6 TwH that 1 cryptocurrency (Just Bitcoin) is using over 70% of the internets traffic.

Let that sink in...
these are factz. But on other side here - a few miner scums that can not even google this and still insists (!!) that they are the good guys here and insists that they are not mining for their greed (disregarding the CO2 footprint), but "support the new technology":banghead:
 
Joined
Feb 18, 2012
Messages
2,715 (0.61/day)
System Name MSI GP76
Processor intel i7 11800h
Cooling 2 laptop fans
Memory 32gb of 3000mhz DDR4
Video Card(s) Nvidia 3070
Storage x2 PNY 8tb cs2130 m.2 SSD--16tb of space
Display(s) 17.3" IPS 1920x1080 240Hz
Power Supply 280w laptop power supply
Mouse Logitech m705
Keyboard laptop keyboard
Software lots of movies and Windows 10 with win 7 shell
Benchmark Scores Good enough for me
these are factz. But on other side here - a few miner scums that can not even google this and still insists (!!) that they are the good guys here and insists that they are not mining for their greed (disregarding the CO2 footprint), but "support the new technology":banghead:
what, you lost me at, these are......
 
Joined
Feb 1, 2017
Messages
53 (0.02/day)
System Name maxedoutgamer
Processor i5-4670k @4.2ghz
Motherboard Asrock z87
Cooling Noctua NH-D14
Memory 16GB ddr3 2133
Video Card(s) gtx 1080 (Palit Jetstream)
Storage 512GB Samsung 840pro
Display(s) Acer B286HK - 4K, baby
Case Fractal Design Define R4
Power Supply evga nex650g
Benchmark Scores eeeexcelent
what, you lost me at, these are......
what is your point? oh right - you had none and the one you had was false (Xzibit showed you) - so now you just keep on trolling :banghead:
 
Top