HW News - Cheap Intel 12th Gen CPUs, B660 Motherboards, NVIDIA Sued by FTC
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Date: 2021-12-12
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Comments and reviews: 9
rexdink
Now, I haven't read the entire bill yet, but I dislike the naming of the Bill, 'Stop the Grinch Act'. The Grinch, if we all remember was, in fact, a very happy and giving soul. In the end.
I'm sure that this bill would do nothing to curtail the shortage, and scalping of GPU's. We all know that the majority of card's being sold are to Miner's, because really, if they can buy a pallet of 3090's, they're not using bots to make deals, they are buying direct. The 2060 paper launch shows that. IMO.
Then, the Scalpers(uppercase S). Again, the bigger operations, probably have some deals in place with AIB's or directly. But a lot would be using bots to scoop up bunches as soon as they are listed on a site. A good deal of scalpers, again selling off to mining farms, as it's a quicker turn around on the investment, but with lower margins, than selling individual cards to gamers. They will however sell off a grosse or two of cards to other scalpers, to throw on EBay. And if you're selling for 150% over your price and 300% over retail, you will be able to afford the sure to be paltry fine surely to be imposed.
Will the real trouble comes when an individual uses a bot to circumvent the scalpers, just to get a new gaming card at or close to retail. Would this new law be used to go after the person who bought one or two cards, to build new systems? Or sell one purchased for a build, that they later decided not to? Will it be used to prosecute those that violate these rules when going after whatever this years Tickle me Elmo, or Cabbage Patch Doll? Seems that when new laws like this get passed, you never hear about it being used to get the big fish. You only hear about the small fish getting caught up in these types of laws. With prosecutor's going 'By the Book', and not really seeing the forest through the trees. Besides, how many ticket scalpers have been prosecuted that you know of?
To surmise, The Grinch is GOOD. And so is Scrooge. Will this law be?
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Now, I haven't read the entire bill yet, but I dislike the naming of the Bill, 'Stop the Grinch Act'. The Grinch, if we all remember was, in fact, a very happy and giving soul. In the end.
I'm sure that this bill would do nothing to curtail the shortage, and scalping of GPU's. We all know that the majority of card's being sold are to Miner's, because really, if they can buy a pallet of 3090's, they're not using bots to make deals, they are buying direct. The 2060 paper launch shows that. IMO.
Then, the Scalpers(uppercase S). Again, the bigger operations, probably have some deals in place with AIB's or directly. But a lot would be using bots to scoop up bunches as soon as they are listed on a site. A good deal of scalpers, again selling off to mining farms, as it's a quicker turn around on the investment, but with lower margins, than selling individual cards to gamers. They will however sell off a grosse or two of cards to other scalpers, to throw on EBay. And if you're selling for 150% over your price and 300% over retail, you will be able to afford the sure to be paltry fine surely to be imposed.
Will the real trouble comes when an individual uses a bot to circumvent the scalpers, just to get a new gaming card at or close to retail. Would this new law be used to go after the person who bought one or two cards, to build new systems? Or sell one purchased for a build, that they later decided not to? Will it be used to prosecute those that violate these rules when going after whatever this years Tickle me Elmo, or Cabbage Patch Doll? Seems that when new laws like this get passed, you never hear about it being used to get the big fish. You only hear about the small fish getting caught up in these types of laws. With prosecutor's going 'By the Book', and not really seeing the forest through the trees. Besides, how many ticket scalpers have been prosecuted that you know of?
To surmise, The Grinch is GOOD. And so is Scrooge. Will this law be?
reply
Henrik
... The day you stop resellers from profiting is the day you kill the open market! Listen I hate these so called scalpers (though per definition they are resellers and not scalpers!) a much as anyone else. We are currently stuck with 10 and 16 series Nvidia cards in my household due to this shortage - so I don't only understand your pain - I live it! However what should be regulated? If we start regulating how you can sell new in box items over MSRP - then that will be a slippery slope! Let me give you a few examples:
1:
Person A collects He-man figurines in box.
Person A now doesn't want to collect them anymore so he sells them.
Person A payed 20 for a figurine.
Person B buys it for 200 .
Should this be illegal? In essence it's the same thing. Person A has a rare item - and sells it to Person B for a profit.
2:
Person A signs up on lists to get a GPU
Person A suddenly gets offered 2 GPUs at the same time - and orders both to be sure .
Person B gets wind of this and offers him twice what he payed.
Is this illegal?
You might say no and no - however how do you know? The problem with making laws like this is the president it sets - and it makes it a lot easier to make anti consumer laws. Why what do I mean this is a pro consumer law right? Weeeeeellllll that depends VERY much on how the law is written! This can VERY easily have an effect of the private markets such as Amazon, Ebay, Craigslist and so on. If sale of certain items get regulate and/or gated this can be a HUGE boon for the companies who are selling new items - and ACTIVELY hinder reuse of hardware and other goods - making E-waste rather than (e.g.) a reused PC for the kids room for basic gaming so on. These laws have a tendency to be poorly written because the people making them don't really understand what they are doing - or other more nefarious reasons...
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... The day you stop resellers from profiting is the day you kill the open market! Listen I hate these so called scalpers (though per definition they are resellers and not scalpers!) a much as anyone else. We are currently stuck with 10 and 16 series Nvidia cards in my household due to this shortage - so I don't only understand your pain - I live it! However what should be regulated? If we start regulating how you can sell new in box items over MSRP - then that will be a slippery slope! Let me give you a few examples:
1:
Person A collects He-man figurines in box.
Person A now doesn't want to collect them anymore so he sells them.
Person A payed 20 for a figurine.
Person B buys it for 200 .
Should this be illegal? In essence it's the same thing. Person A has a rare item - and sells it to Person B for a profit.
2:
Person A signs up on lists to get a GPU
Person A suddenly gets offered 2 GPUs at the same time - and orders both to be sure .
Person B gets wind of this and offers him twice what he payed.
Is this illegal?
You might say no and no - however how do you know? The problem with making laws like this is the president it sets - and it makes it a lot easier to make anti consumer laws. Why what do I mean this is a pro consumer law right? Weeeeeellllll that depends VERY much on how the law is written! This can VERY easily have an effect of the private markets such as Amazon, Ebay, Craigslist and so on. If sale of certain items get regulate and/or gated this can be a HUGE boon for the companies who are selling new items - and ACTIVELY hinder reuse of hardware and other goods - making E-waste rather than (e.g.) a reused PC for the kids room for basic gaming so on. These laws have a tendency to be poorly written because the people making them don't really understand what they are doing - or other more nefarious reasons...
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Plasmabutt
Congress trying to stop scalpers is hilariously bad taste. The majority of Congress being some of the greedist POS in the nation trying to look good by teaming up with the less than a dozen representatives actually trying to create better quality of life for people. And they wouldnt be able to find their digital es with an entire department of professional assistance, nor would the ones that actually seem to sway power in the House ever actually ask for that professional help let alone understand them. And they want to make a bill that will stop bots? A god damned comedy, their actions towards a righteous cause for the wrong reasons, ineptly stumbling around knocking over decades of sensitive security systems with no intention of allowing any of the blame to fall onto themselves.
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Congress trying to stop scalpers is hilariously bad taste. The majority of Congress being some of the greedist POS in the nation trying to look good by teaming up with the less than a dozen representatives actually trying to create better quality of life for people. And they wouldnt be able to find their digital es with an entire department of professional assistance, nor would the ones that actually seem to sway power in the House ever actually ask for that professional help let alone understand them. And they want to make a bill that will stop bots? A god damned comedy, their actions towards a righteous cause for the wrong reasons, ineptly stumbling around knocking over decades of sensitive security systems with no intention of allowing any of the blame to fall onto themselves.
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Robert
The look on Steves' face when he said it promotes competition...priceless LOL. NVidia is a liar and anticompetitive business company. They have proven this time and again. To say they shipped more cards this year than ever before sounds suspicious and I think it is a false statement. FCC could have done a regulation by now if they were actually serious about stopping criminals(scalping is illegal here0 but you don't hear of any of these bad actors going to jail do you?! They just doing the bill so they can say Hey look!!! I was trying to protect you at their next election cycle.
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The look on Steves' face when he said it promotes competition...priceless LOL. NVidia is a liar and anticompetitive business company. They have proven this time and again. To say they shipped more cards this year than ever before sounds suspicious and I think it is a false statement. FCC could have done a regulation by now if they were actually serious about stopping criminals(scalping is illegal here0 but you don't hear of any of these bad actors going to jail do you?! They just doing the bill so they can say Hey look!!! I was trying to protect you at their next election cycle.
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Roman
Nah the ARM deal is dead. Nvidia doesn't have enough to push this through because the other companies that use ARM have way more and influence than Nvidia.
The 2060 12gb is a card for miners, they're buying it in bulk, some of the 2060s and other cards will go to gamers but at what price?
The new legislation is just a PR stunt, it doesn't matter if it passes or not the scalping will continue either way.
Please keep ignoring ifruit it doesn't deserve any attention and I personally couldn't care less about this garbage company.
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Nah the ARM deal is dead. Nvidia doesn't have enough to push this through because the other companies that use ARM have way more and influence than Nvidia.
The 2060 12gb is a card for miners, they're buying it in bulk, some of the 2060s and other cards will go to gamers but at what price?
The new legislation is just a PR stunt, it doesn't matter if it passes or not the scalping will continue either way.
Please keep ignoring ifruit it doesn't deserve any attention and I personally couldn't care less about this garbage company.
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Majere613
I'm daily-driving an M1 Mac Mini now for non-gaming applications, and the thing is borderline sorcery. For less than the price of an entry-level PC it handles everything I need to do and does it silently. Literally the only downside is that its so efficient that it doesn't heat up a cold room like its predecessor did. If you don't fall for Apple's daft peripheral markups (I'm still using my PC keyboard, mouse, and 1080p monitor) they've actually become the budget option through the back-door.
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I'm daily-driving an M1 Mac Mini now for non-gaming applications, and the thing is borderline sorcery. For less than the price of an entry-level PC it handles everything I need to do and does it silently. Literally the only downside is that its so efficient that it doesn't heat up a cold room like its predecessor did. If you don't fall for Apple's daft peripheral markups (I'm still using my PC keyboard, mouse, and 1080p monitor) they've actually become the budget option through the back-door.
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Pitboy
Generally supportive of any law to stifle scalping and bot purchases, but we will have to wait and see if this legislation does the trick. You can guarantee that those who fall afoul of these laws, at least the ones with deep pockets, will probably appeal this to the Supreme Court on a constitutional grounds claim ... and that will take a decade to work its way out.
Am I hopeful it may work to discourage scalpers and bots? Sure. Do I think it will realistically make a difference? No.
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Generally supportive of any law to stifle scalping and bot purchases, but we will have to wait and see if this legislation does the trick. You can guarantee that those who fall afoul of these laws, at least the ones with deep pockets, will probably appeal this to the Supreme Court on a constitutional grounds claim ... and that will take a decade to work its way out.
Am I hopeful it may work to discourage scalpers and bots? Sure. Do I think it will realistically make a difference? No.
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Mr.
20:30 Just as bad is when you have to click the traffic lights and there is a tiny corner of a traffic light in one of the squares. I used to click that one, but I've found out the hard way the algorithm doesn't want you to click it, so I don't do it anymore. That still feels wrong, because there is a part of the traffic light in the MF square!
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20:30 Just as bad is when you have to click the traffic lights and there is a tiny corner of a traffic light in one of the squares. I used to click that one, but I've found out the hard way the algorithm doesn't want you to click it, so I don't do it anymore. That still feels wrong, because there is a part of the traffic light in the MF square!
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konic40
i dont see how using a bot can be illegal, the persons who set them up want the cards, nothing fraudulent about it. what they do with it is their business. Further, if retailers wanted to stop them they could but the people buying up the cards have gone to making big orders from the retailers not even using the website so its a BS law
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i dont see how using a bot can be illegal, the persons who set them up want the cards, nothing fraudulent about it. what they do with it is their business. Further, if retailers wanted to stop them they could but the people buying up the cards have gone to making big orders from the retailers not even using the website so its a BS law
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