Ethereum

One of the critical points during this period of high demand for graphics cards is that a portion of them are being purchased by professional users looking to mine cryptocurrencies. The recent launch of new cards coupled with record highs in the cryptocurrency market has led to a rebirth of the mining community, who as of recently could earn ~$15 per RTX 3090 graphics card. These professional miners buy graphics card by the pallet load, sometimes bypassing retailers and going direct to distributors, as they can guarantee a complete shipment sale in one go. The knock on effect is fewer cards available for gamers looking to build new systems, leading to empty shelves and causing prices to spike for the handful of cards that...

Cryptomining Demand Drives Exceptionally High Graphics Card Shipments in Q2 2017

This week, Jon Peddie Research (JPR) reported significantly higher discrete GPU shipments for Q2 2017, attributing the historically unprecedented increase to cryptocurrency mining, specifically to Ethereum mining. As opposed...

47 by Nate Oh on 8/25/2017

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