Alexander Diaz4 said:What makes you think that's unjustified?
The complexity of manufacturing doesn't actually dictate current pricing—it’s the massive chip shortage driving everything. There simply aren't enough units on the market, and when they finally do get produced, the costs are sky-high.
And it's not like supply just vanished overnight... why? For years, there was plenty to go around, and now suddenly it's gone. What exactly is TSMC doing that prevents them from keeping up with demand? They manage to churn out Apple M1 SoC chips (I own one, by the way), and they can handle AMD processors too. So what gives?
Alexander Diaz4 said:First off, Ethereum isn't switching from Proof of Work to Proof of Stake yet. That was supposed to happen last year, but now expectations are that the transition will start toward the end of this year, with a full move to Proof of Stake happening sometime next year.
How does that have anything to do with the chip shortage? We're talking about cryptocurrency here. Not everyone is mining; in reality, only a tiny fraction of people are actually involved in that.
Alexander Diaz4 said:Secondly, until the supply and demand dynamics in the chip market shift...
Intel has poured $30 billion into expanding production.
TSMC has invested $100 billion into expanding capacity and building new facilities, which aren't expected to be ready until 2023.
Supply and demand have always been factors.
Alexander Diaz4 said:Not to mention Nvidia moving away from TSMC toward Samsung, where we don't even have much information regarding their production expansion...
That's fair enough.
Alexander Diaz4 said:Look up the architecture and performance metrics if you're so curious.
What do I care about architecture? Performance isn't my priority. I just want to know if modern concepts like raytracing are actually present. I have zero intention of gaming at 4K, and I certainly don't need a card for some massive mining rig. In fact, I don't touch crypto, and I never plan to start.
Alexander Diaz4 said:🤦
I get it. A real "expert."
Alexander Moore67 said:TSMC invested 100 billion dollars—and since they clearly don't speak English, a billion is what we call a milliard!
That’s exactly what I meant by calling him an "expert." It's not just a language barrier; it's a fundamental lack of general knowledge.
It's pretty straightforward:
million - 10^6
billion - 10^12
trillion - 10^18
In some systems, they use intermediate steps like milliard, so
a billion would be 10^9
a trillion would be 10^12
a quadrillion would be 10^15
That's known as the long scale.
But here in America, we use the short scale.
a million is 10^6
a billion is 10^9
a trillion is 10^12
Journalists constantly trip up because they don't realize there are two different scales, leading to massive translation errors. What someone might call a billion in other parts of the world is actually a trillion in the US, and their version of a "billion" doesn't even exist in our standard nomenclature.