"I'm just gonna artificially raise price of this limited resource even though there already exists hardware specifically made for me, but after the next generation comes out I can re-sell this one to some sucker"
If you don't see anything wrong with that then that's about it. I really hope US or China or someone is going to regulate cryptocurrencies to shit so cryto-bros can stop destroying the planet and normal people can again afford GPUs.
I am probably not that informed on who does what artificially and intentionally, but I still don’t see a point in justifying gaming usage over crypto usage. As far as destroying the planet argument goes, gamers could equally be limited to using a specifically designed devices for optimal gaming and entertainment purposes.
Apart from the ability to check the GPU health, GPU providers could easily implement some hardware “calculation counter” or design specific solution so resell value could be more easily evaluated.
> As far as destroying the planet argument goes, gamers could equally be limited to using a specifically designed devices for optimal gaming and entertainment purposes.
gamers frequently are, you just described a console.
Yes, I did. Intentionally. If you forbid consumer GPUs for both sides, limit or cripple the gaming tech development in a sense it offers lower variety of products, you are going to see a lower demand for gaming in general. Thus, “saving the planet”.
It’s not something I propose, but giving hypothetical example of what would really be fair for both sides
If video games are that important to you buy a video game console. The availability there is also bunk and has nothing to do with mining - claiming something which uses energy is automatically 'bad' is silly and relies on common ignorance and frustration. Cars use energy, lights use energy, video games use energy - crypto is new and you don't understand it past that fact that it uses energy so you can't tolerate it. If you don't want to get rid of everything which uses considerable energy then you need to determine the value of each thing individually, and if you say crypto is worthless, you should have a non-circular reason for that claim. Clearly the market disagrees with you.
Conversely miners aren't entitled to cheaper video cards just because they built a business around consumer hardware.
Companies seeking to maximize their revenue is very much the nature of the free market. It's their business, you don't get to tell them how to run it. You're a customer in a market, if you don't find the product acceptable then you can go elsewhere. There are competitors offering products as well, and as a whole this determines a market rate.
If your business is no longer profitable (or profitable enough) paying the market rate, then you go out of business. That is also how the market works. Many, many businesses would be far more profitable if they could force their suppliers to cut their revenue streams.
Miners have responded to the shift in the power dynamic by throwing a tantrum and attacking and blackmailing their suppliers. Bioshock nailed it: laissez-faire is great when you're the one on top, but as soon as someone else out-competes you, or exerts their own market leverage, it's an unfair and ridiculous imposition on your own right to profit, and it's time to shout and flip the game board.
This is exactly what you see with the whole "gamers aren't entitled to cheap cards" thing you said, that was great when miners had more market power than gamers, but everyone leaves off the whole "and miners aren't entitled to cheap cards either", which is equally true. Suppliers are taking note of that market power and moving to take a cut of the revenue for themselves. Customers are free to re-shuffle to new suppliers if they no longer find the terms acceptable. And that's how the free market works.
As always - businesses that are not agile enough to adapt, will "exit the market", and create room for newer, healthier businesses.
And remember, this has been status quo for a long time. If your business depended on CAD, it probably sucked when ATI and NVIDIA started releasing workstation products and artificially limiting CAD performance on gaming cards. The world moved on though.
> Miners have responded to the shift in the power dynamic by throwing a tantrum and attacking and blackmailing their suppliers. Bioshock nailed it: laissez-faire is great when you're the one on top, but as soon as someone else out-competes you, or exerts their own market leverage, it's an unfair and ridiculous imposition on your own right to profit, and it's time to shout and flip the game board.
#notAllMiners
All you're saying is that businesses should sell to whoever makes them the most profit - so how does that explain Nvidia cutting value and lowering the price of their cards to sell to gamers rather than miners?
Seeing as Nvidia agrees with me, I think you are wrong. In any case the sales have started to drop so if Nvidia doesn't do anything after crypto fad ends they'll be out of business since people aren't buying their GPUs anymore.
If you don't see anything wrong with that then that's about it. I really hope US or China or someone is going to regulate cryptocurrencies to shit so cryto-bros can stop destroying the planet and normal people can again afford GPUs.