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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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fantaskarsef
Senior Member



Posts: 12051
Joined: 2014-07-21

#5808681 Posted on: 07/14/2020 08:17 AM
On the positive side, maybe somebody buys my used 2080TI then once I get a 3080TI :D

But seriously, mining needs to be killed with torches and pitchforks.

sverek
Senior Member



Posts: 6074
Joined: 2011-01-02

#5808692 Posted on: 07/14/2020 08:33 AM
And what exactly is the reason behind another mining wave? Or just a random words from a china man?

BlueRay
Senior Member



Posts: 276
Joined: 2015-11-18

#5808694 Posted on: 07/14/2020 08:36 AM
I might drop PC gaming entirely and go for a console if another mining craze happen again.
1000+ euros for a freaking mid-top tier GPU is just too much.

TOMPPIX
Junior Member



Posts: 13
Joined: 2013-08-20

#5808695 Posted on: 07/14/2020 08:40 AM
we aren't making enough money, lets inflate the prices and blame the miners.

Pete J
Senior Member



Posts: 439
Joined: 2010-09-23

#5808698 Posted on: 07/14/2020 08:44 AM
But seriously, mining needs to be killed with torches and pitchforks.


Agreed. An absolute travesty.

11 pages 1 2 3 4 > »


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