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.