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Guru3D.com » News » Is Another GPU Mining Wave Inbound?

Is Another GPU Mining Wave Inbound?

by Hilbert Hagedoorn on: 07/14/2020 08:15 AM | source: mydrivers | 54 comment(s)
Is Another GPU Mining Wave Inbound?

Yesterday we already reported that there might be problems with NVIDIA GPUs soon as some cards go EOL. Signs from the industry indicate that there will be deficiencies due to cryptocurrency mining. Looking into things a bit deeper, a gamers worst nightmare for purchasing a graphics card might again become a real thing as with high demand you have high overinflated prices.

Sources in China indicate that OEMs will begin to increase their prices soon due to higher remain. Added to this, the stock will be low since Nvidia stopped manufacturing its some of its RTX 2000 models, so it might not be easy to update at least in the coming months. yes, miners are back and can be taking all our graphics cards, so a price increase might be imminent.

"The demand for virtual currency "mining" has increased and will increase significantly in the near future. The market demand for popular mid-end mainstream models such as GTX 1660 Super and RTX 2060 is very strong. Therefore, after entering the third quarter, the Turing series GPU chip production capacity will be significantly reduced, and there may be a shortage of chip supply, which will also cause the price of graphics cards to rise." reports China-based mydrivers.

Currently, it is a bit unclear what would be the cause of the new mining spike waiting to happen, we'll keep an eye on it.

  

 







« Synology Announces C2 Expansion into North America · Is Another GPU Mining Wave Inbound? · RTX 2080 Ti did not reach 60FPS/1080p with Ray-Tracing ON in Watch Dogs Legion »

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Stairmand
Senior Member



Posts: 247
Joined: 2007-07-25

#5808731 Posted on: 07/14/2020 10:57 AM
"On the positive side, maybe somebody buys my used 2080TI"

Been trying to decide if I should sell my 2080ti now while prices are sttill high?

TheDeeGee
Senior Member



Posts: 6964
Joined: 2010-08-28

#5808736 Posted on: 07/14/2020 11:04 AM
RTX 3060 coming in hot at $1000 !!!

fantaskarsef
Senior Member



Posts: 12051
Joined: 2014-07-21

#5808740 Posted on: 07/14/2020 11:15 AM
"On the positive side, maybe somebody buys my used 2080TI"

Been trying to decide if I should sell my 2080ti now while prices are sttill high?

What do you game with then? (Always my most curious question in such a situation) :D

Dribble
Senior Member



Posts: 190
Joined: 2019-01-18

#5808741 Posted on: 07/14/2020 11:16 AM
Being as the miners are meant to be using 2060's and 1660's and Nvidia is meant to have stopped production of 2070 up I am not sure how that matters?

gx-x
Senior Member



Posts: 1445
Joined: 2007-03-18

#5808749 Posted on: 07/14/2020 11:40 AM
we don't need mining craze for inflated prices, we have nVidia doing that just fine. I mean ~$300 for a 1080p card...nothing for ~$150...

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