A method, system, and computer usable program product for a self-tuning I/O device are provided in the illustrative embodiments. A change is detected in an adapter communicating with the I/O device, the I/O device being a consolidator configured to communicate with the adapter in a data network. A type of the adapter is determined. Values for each parameter in a set of parameters corresponding to the type of the adapter are determined. The values of a first subset of the parameters are applied to the consolidator, applying the values of the first subset causing the consolidator to be configured to operate in a preferred configuration with the adapter.