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Guru3D.com » News » Will Nvidia Take The Cryptocurrency Mining Crown From AMD ?

Will Nvidia Take The Cryptocurrency Mining Crown From AMD ?

by Hilbert Hagedoorn on: 02/21/2014 06:31 PM | Source | 87 comment(s) ]

AMD upto this very moment has been the undisputed winner in terms of miners looking to stock up on new forms of digital currency like Dogecoin and Litecoin. AMD’s Radeon graphics cards possess a secret sauce that allows significantly more powerful compute capabilities, at least the kind required for Scrypt-based mining. That is, until Nvidia released their new Maxwell architecture this week, the watt per hash rate is pretty crazy.

Forbes or Jason Evangelho in specific, posted a small article on this which is an interesting read:

As we learned from my introduction to the GTX 750 Ti, first-generation Maxwell cards exhibit a 35% peak performance boost per core and twice the performance per watt. They also blow Kepler hashrates out of the water. Based on what I’m seeing with the 750 Ti, Nvidia is poised to embarrass AMD in the performance-per-watt race — and that’s a substantial factor when you’re paying the inflated energy bills caused by mining.

Nvidia didn’t breathe a word of Maxwell’s seriously improved hashing ability in their marketing copy or press briefings, but Tom’s Hardware discovered it, and I’ve been able to replicate their findings with multiple 750 Ti cards from both Nvidia and PNY.

What you’re looking at in the image above is a hashrate of about 242kh/s using Nvidia’s reference 750 Ti 1GB graphics card ($139). This is significant for several reasons. First, the 750 Ti is a 60Watt card and doesn’t even require a PCI-E power connector. You could plug this card into a cheap box from HP or Dell with a 300W power supply and have power to spare. Second, the temperature never seems to breach 65 degrees Celsius, and it runs considerably quieter and cooler than the AMD 260x ($119), which achieves a peak hashrate of 206kh/s and consumes nearly 130Watts of power.

“Hold on a minute!” I can hear you saying. “AMD’s 260x is $20 cheaper than Nvidia’s entry-level 750 Ti!” That’s true, but the nominal price difference quickly evaporates when you consider how the 750 Ti sips power, which matters in the long run. Additionally, Tom’s Hardware ran the same mining environment test with AMD’s upcoming Radeon 265 ($149) and achieved a peak hashrate of 252kh/s — and remember that the Radeon 265 is a 150Watt card.

For that same price of $149, here’s what I pulled off with PNY’s 750 Ti 2GB with a moderate (and stable) overclock:

PNY GTX 750 Ti overclocked and using Cudaminer to mine Dogecoin.
A single PNY 750 Ti 2GB graphics card, overclocked and using Cudaminer to mine Dogecoin.

That’s right, 284kh/s, and an even better temperature ceiling of about 56 degrees Celsius. This is consuming less than half the power of AMD’s Radeon 265.

This all leads to a conclusion that’s far from crazy: When Nvidia’s high-end Maxwell cards drop later this year (possibly by late March), they’re going to surpass the hashrates currently possible from AMD, consume less power, and do so while staying cooler and quieter.

One very valid concern for miners and gamers alike is the fear that pricing for Nvidia GPUs will become inflated just as AMD ones have become — caused by a lack of sufficient supply. A representative assures me this won’t happen, and it’s a claim backed up by the fact that Nvidia has much tighter control over their production.






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harkinsteven
Maha Guru



Posts: 2269
Joined: 2008-11-29

#4770112 Posted on: 02/21/2014 01:46 PM
This is looking great for Maxwell. I think the 750ti would be the perfect physx card. I think i'll buy one for the Witcher 3.

moab600
Ancient Guru



Posts: 4541
Joined: 2004-09-30

#4770127 Posted on: 02/21/2014 02:20 PM
maxwell on 28nm is so impressive, 20nm it will dominiate. i hope nvidia will price it good as well, one can wish :D

zer0_c0ol
Maha Guru



Posts: 1940
Joined: 2007-04-12

#4770129 Posted on: 02/21/2014 02:24 PM
finally...

BLEH!
Ancient Guru



Posts: 4900
Joined: 2010-10-17

#4770138 Posted on: 02/21/2014 02:32 PM
7 single slot ones in my old X58 supercomputer board... :P

mR Yellow
Maha Guru



Posts: 807
Joined: 2005-02-02

#4770148 Posted on: 02/21/2014 02:42 PM
Article is a little misleading.
We will talk again when we see high-end in action.

Cyberdyne
Maha Guru



Posts: 2167
Joined: 2010-01-16

#4770149 Posted on: 02/21/2014 02:43 PM
That is very interesting.

750 Ti ($139) 60 Watt = 242kh/s
260 x ( $119) 130Watt = 206kh/s
265 x ( $149) 150Watt = 252kh/s

That watt per hash rate is crazy. Amazing for farming. Even more so when the big boys are out.
Plz don't make these cards ungodly pricey. Sigh.

0blivious
Maha Guru



Posts: 1066
Joined: 2006-04-25

#4770159 Posted on: 02/21/2014 02:54 PM
This is NOT good news. Mining causing our GAMING cards to be priced as much as 50% higher than they should be is really starting to get annoying. This will just make Nvidia cards more pricy as they become popular with miners.

GPUs were already overpriced before bitcoin.

The article claims Nvidia won't let this gouging happen but I'm skeptical.

Loophole35
Ancient Guru



Posts: 5417
Joined: 2011-09-21

#4770160 Posted on: 02/21/2014 02:56 PM
Article is a little misleading.
We will talk again when we see high-end in action.

How so?


This is NOT good news. Mining causing our GAMING cards to be priced as much as 50% higher than they should be is really starting to get annoying. This will just make Nvidia cards more pricy as they become popular with miners.

GPUs were already overpriced before bitcoin.

In the next few months the dedicated mining units will be releasing so GPU prices should normalize again.

Cyberdyne
Maha Guru



Posts: 2167
Joined: 2010-01-16

#4770164 Posted on: 02/21/2014 03:03 PM
60 watts is nothing. Where you pay for coins is the power it takes to run your GPU at max power. So for miners they will pretty much need these new GPUs to get the most coins per $ they pay on the electric bill.

Maybe somewhere down the line NVidia and AMD will make a new line of cards made especially for mining. Make the Geforce line gimped for mining to keep prices reasonable.

It's not that hard to imagine, Geforce: gaming, Quadro: Workstation.
Maybe Exonumia: Bitcoin mining.

-Tj-
Ancient Guru



Posts: 8012
Joined: 2012-05-18

#4770238 Posted on: 02/21/2014 06:02 PM
This is NOT good news. Mining causing our GAMING cards to be priced as much as 50% higher than they should be is really starting to get annoying. This will just make Nvidia cards more pricy as they become popular with miners.

GPUs were already overpriced before bitcoin.

The article claims Nvidia won't let this gouging happen but I'm skeptical.

Priced higher? So far I saw only newegg doing it..

lucidus
Ancient Guru



Posts: 6888
Joined: 2011-12-31

#4770242 Posted on: 02/21/2014 06:09 PM
God damn miners and their space bucks >_<

BLEH!
Ancient Guru



Posts: 4900
Joined: 2010-10-17

#4770252 Posted on: 02/21/2014 06:25 PM
Soon as the miner's catch wind of the this performance the price will go through the roof to reflect demand, so much for the fanboys :D

nhlkoho
Ancient Guru



Posts: 4896
Joined: 2005-12-06

#4770253 Posted on: 02/21/2014 06:27 PM
So I should hurry up and upgrade now then. I'm not paying $800-$900 for a card

Agonist
Maha Guru



Posts: 1047
Joined: 2008-10-13

#4770254 Posted on: 02/21/2014 06:28 PM
Priced higher? So far I saw only newegg doing it..

You must not really look. People on Craigslist are doing it badly, people on ebay are, and even amazon. Hell even TigerDirect has done it here in the states. Its pissing me off to no end. I was gonna get a new AMD gpu but Im stuck on gtx 560ti 448 until then.

God damn miners and their space bucks >_<


This is how I feel!

VultureX
Maha Guru



Posts: 2397
Joined: 2006-10-14

#4770257 Posted on: 02/21/2014 06:40 PM
Wow, if anything is a waste of energy and time. It's this.
Jesus christ, I didn't even know this existed.
I bet bit coins caused global warming.

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