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Nvidia launches new cards at GTC, says its GPUs are not meant for miners

Though Huang did not address the growing concerns of gamers, miners and the issue of the GPU crisis, he did speak out afterwards while addressing the media.

  • Published: March 28, 2018 9:41 AM IST
Nvidia GTC

Nvidia held its annual GPU Technology Conference at San Jose, California yesterday and some big announcements were made by CEO Jansen Huang. First and foremost, he revealed the world’s largest GPU, namely the DGX-2, which is literally a “mini-supercomputer” featuring 16 Tesla V100 GPUs, each of which have 32GB system memory. This is not for the common user, but for companies looking into deep learning applications.

Nvidia also launched a new Quadro GPU called the Quadro GV100, which is not exactly for gamers. The new Quadro GPU is a high end professional grade GPU which is meant for professional workstations that have to handle CGI using Nvidia’s RTX raytracing technology showcased at the GDC.

Though Huang did not address the growing concerns of gamers, miners and the issue of the GPU crisis, he did speak out afterwards while addressing the media. He mentioned that the company wasn’t happy that its gaming GPUs are being used by miners and explained why this was happening.

Speaking about Ethereum, Huang said, “Ethereum, ether, was designed as an algorithm to ensure that no singular entity or a few entities has a power to control the ether. It was designed so that the algorithm requires the type of compute capability, the type of processing capability that is made possible by GPUs in a distributed system.”

“As a result, no single entity can control the currency — it was designed to do that — and that is why GPUs are so good at it.” He added, “Gaming is growing, workstation is growing, AI hyperscale datacentre is growing, high-performance computing is growing. Quite frankly, I’d prefer that our GPUs were built to be used in those areas.”

Huang attributed this as the biggest reason behind the shortage of GPUs globally. He stressed that, “My preference would be, of course, that we allocate them for the people we build them for, but there’s a logical reason for why Nvidia GPUs are used, because it’s the world’s largest distributed supercomputer.”

He followed this up by answering questions of what the company is doing for the mining crowd by saying that the mining sector does not need system architecture as much as the AI sector does.

  • Published Date: March 28, 2018 9:41 AM IST