Read on Twitter
A while back I mentioned how the mining bullshit isn't as good for Nvidia and AMD as it looks, because while they're selling out every production run their retail partners are taking a beating.
Here's Newegg's shuffle to demonstrate how, and their response to it:
Here's Newegg's shuffle to demonstrate how, and their response to it:
When miners snipe for GPUs, they don't buy other stuff like a new monitor or maybe new cables or what not. They don't buy incidentals. They just bot-snatch the cards and run.
Newegg devised their "Shuffle" lottery to allow people to win a slot to buy a card. But ...
Newegg devised their "Shuffle" lottery to allow people to win a slot to buy a card. But ...
... if you want a graphics card and you win one of the slots to buy one, you *have* to buy a combo.
You have to get a monitor with it, or a motherboard, or a power supply, or just *something* else.
And you can't just return the thing you don't want. Have to return the combo.
You have to get a monitor with it, or a motherboard, or a power supply, or just *something* else.
And you can't just return the thing you don't want. Have to return the combo.
That makes it very clear how much this is costing retailers like Newegg, Best Buy and Microcenter in additional sales. Nvidia and AMD are doing great, but all their retail partners are screwed.
Don't think Nvidia and AMD haven't gotten an earful about it.
Don't think Nvidia and AMD haven't gotten an earful about it.
It's a bundle. The console *plus* an extra controller *plus* games.
Newegg has been losing money on consoles thanks to scalpers and bots. If you want a console, you have to help cover their lost sales.
The market's a disaster.
https://twitter.com/hereticraidaa/status/1386773705133629450
Newegg has been losing money on consoles thanks to scalpers and bots. If you want a console, you have to help cover their lost sales.
The market's a disaster.
https://twitter.com/hereticraidaa/status/1386773705133629450
And make no mistake: if there wasn't a mining crazy, your consoles wouldn't be so hard to find either.
Both the SeXBox and the PS5 use AMD's Zen cores, which means a TMSC fab, and I believe they're 10-7nm lithography.
That fabrication is shared with graphics cards.
Both the SeXBox and the PS5 use AMD's Zen cores, which means a TMSC fab, and I believe they're 10-7nm lithography.
That fabrication is shared with graphics cards.
They literally cannot make enough chips to keep up.
Companies reserve those fab lines months in advance, and once they've gone through their order it's someone else's turn.
If they didn't reserve enough time to cover this idiotic level of demand, oh well.
Companies reserve those fab lines months in advance, and once they've gone through their order it's someone else's turn.
If they didn't reserve enough time to cover this idiotic level of demand, oh well.
Hope for a market crash.
That's it. Unless Nvidia and AMD cripple cryptocurrency generation on their cards, it's just going to be the eternal search for the greater fool.
Expanding production lines to cover demand would take the better part of a decade. https://twitter.com/greenandbroke/status/1386776544274751493
That's it. Unless Nvidia and AMD cripple cryptocurrency generation on their cards, it's just going to be the eternal search for the greater fool.
Expanding production lines to cover demand would take the better part of a decade. https://twitter.com/greenandbroke/status/1386776544274751493
It never fails to baffle me how crypto is even called a currency due to its constant volatility.
CURRENCY CAN'T BE CONSTANTLY VOLATILE.
BREAD CAN'T COST $1.50 ON MONDAY AND $3.00 ON TUESDAY AND $0.50 ON WEDNESDAY.
YOU'RE. JUST. GAMBLING.
CURRENCY CAN'T BE CONSTANTLY VOLATILE.
BREAD CAN'T COST $1.50 ON MONDAY AND $3.00 ON TUESDAY AND $0.50 ON WEDNESDAY.
YOU'RE. JUST. GAMBLING.
When actual currencies have been as volatile in value as crypto is, those currencies have collapsed and taken economies with them.
That's because currency is a thing people use and rely on every single day.
When it isn't stable, everything is fucked.
That's because currency is a thing people use and rely on every single day.
When it isn't stable, everything is fucked.
I mean, hell, the British Pound started bouncing around by as much as $0.25 during and after Brexit and even that tiny fluctuation in value fucked up people's everyday lives.
For a real currency people can use, stability is essential.
For a real currency people can use, stability is essential.
