Support us on Patreon to keep GamingOnLinux alive. This ensures all of our main content remains free for everyone with no article paywalls. Just good, fresh content! Alternatively, you can donate through PayPal, Liberapay or Buy us a Coffee. You can also buy games using our partner links for GOG and Humble Store.
The GPU shortage might be over soon
The_Aquabat 22 May
Quote"Ethereum will be completing the transition to Proof-of-Stake in the upcoming months," Carl Beekhuizen, Ethereum Foundation, says in a blog post,

Proof-of-stake, if successful, would cut Ethereum's power use by up to 99.95%, the foundation claims.

But what happens to all the miners when proof-of-stake inevitably happens?


Either miners can pack up shop, sell their GPUs for a quick buck second-hand, and move on with their lives. Or they move to one of the many, many alternative cryptocurrencies out there that are still happily mining away.

There will likely always be cryptocurrencies that use the tried-and-tested proof-of-work approach to get off the ground, which means we'll never quite be free of the cryptocurrency's power and hardware requirements entirely.

But these altcoins still have to prove themselves profitable to see the graphics card river run dry, and in that there's some hope for affordable GPUs sometime in the next few years, even if proof-of-stake may not quite the magic fix-all we're praying for.

source : https://www.pcgamer.com/ethereum-set-to-kill-graphics-card-mining-in-the-upcoming-months/

Last edited by The_Aquabat on 22 May 2021 at 6:33 am UTC
Valck 22 May
Interesting piece of news; the GPU shortage (and chips of all kind in general) sucks, but what irks me most is the spitting-in-the-face of those miners, burning megawatts of energy in the face of the most severe crisis our planet has ever seen – of which it has only begun to see the first signs.
Anything is welcome that makes that idiocy go away or at least subside, if only by the tiniest amount.
Samsai 22 May
Quoting: ValckInteresting piece of news; the GPU shortage (and chips of all kind in general) sucks, but what irks me most is the spitting-in-the-face of those miners, burning megawatts of energy in the face of the most severe crisis our planet has ever seen – of which it has only begun to see the first signs.
Anything is welcome that makes that idiocy go away or at least subside, if only by the tiniest amount.
Don't worry, even though they might eventually stop eating up all of the GPU supply to run meaningless cryptographic computations to burn up energy, they'll just move onto doing things like buying up the entire SSD and HDD supply to store random garbage on them a la Chia. All of this to probably power the "ownership" of a low-res JPEG file that you will lose when nobody bothers to retain it on IPFS anymore. And the value of that low-res JPEG is probably in the millions, because they've got to justify the system somehow, and I guess an incredibly slow image board is just the proof of concept they need.

But in the meantime I guess we can pat the Ethereum designers on the back for reinventing the wheel of the modern financial system, where the amount of money you have directly dictates how much power you have over the system. It's really disruptive stuff, almost like when they did away with transaction fees by implementing transaction fees, did away with banking by inventing banking and eliminated bank robberies by having their banks be robbed.

Last edited by Samsai on 22 May 2021 at 1:05 pm UTC
CatKiller 22 May
"imagine if keeping your car idling 24/7 produced solved Sudokus you could trade for heroin"
Shmerl 24 May
I hope so. Still waiting to get a new AMD GPU.
While you're here, please consider supporting GamingOnLinux on:

Patreon, Liberapay or PayPal Donation.

This ensures all of our main content remains totally free for everyone with no article paywalls. We also don't have tons of adverts, there's also no tracking and we respect your privacy. Just good, fresh content. Without your continued support, we simply could not continue!

You can find even more ways to support us on this dedicated page any time. If you already are, thank you!
Login / Register

Or login with...
Sign in with Steam Sign in with Twitter Sign in with Google
Social logins require cookies to stay logged in.

Livestreams & Videos
Community Livestreams
Latest Forum Posts