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posted by Fnord666 on Monday July 10 2017, @02:47PM   Printer-friendly
from the the-pickaxe-GPU dept.

German retailer MindFactory has removed many AMD and Nvidia graphics cards from sale because the products have a delivery time of 3 months. According to them, the GPU shortage affects "the whole of Germany" or even the "whole Europe".

The demand for GPUs to mine cryptocurrencies, particularly Ethereum, has led to OEMs creating products specifically tailored to cryptocurrency mining. For example, new cards that are smaller, have fewer display ports, with cooling systems:

While the GPU shortage continues, there are some signs of improvement. There are now several models of Nvidia's GeForce GTX 1070 in stock from various OEMs, but prices remain high and relatively close to the price of the GTX 1080. There are also a few more GTX 1060 6GB graphics cards available, and the price on the least expensive one has dropped significantly, down from $484.80 to $259.99.

At the same time, however, the price on the least expensive GTX 1050 Ti has climbed by about $10, and several models now cost around $200. The price on the least expensive Geforce GTX 1060 3GB has also climbed by roughly $20, as well. This likely indicates that sales of these cards have increased somewhat, pushing prices up accordingly.

Meanwhile, several OEMs, including Asus, Biostar, Sapphire, and Zotac, have announced new mining graphics cards that are tailored for cryptocurrency mining. We have also seen a new motherboard from Asrock that can support up to 13 GPUs for mining. Biostar has a similar board for AM4 CPUs that can support six GPUs. Although we haven't seen them yet, EVGA and MSI also have mining GPUs coming soon, and MSI will also have a motherboard designed for mining. Although these may be attractive to cryptocurrency miners, one source told us that they use the same GPU cores as traditional graphics cards, and thus don't address the underlying supply problem.

The shortages go all the way to the source. OEMs are reportedly having trouble getting GPU cores from Nvidia, and Nvidia can't get enough from TSMC. This is presumably the same situation for AMD and GlobalFoundries.

Previously: BitCoin, Ethereum and Gold
Cryptocoin GPU Bubble?


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  • (Score: 4, Insightful) by Anonymous Coward on Monday July 10 2017, @05:28PM (8 children)

    by Anonymous Coward on Monday July 10 2017, @05:28PM (#537196)

    It's all shitcoin. Bitcoin was the exception, not the rule.

    You aren't going to get rich from mining this stuff.

    On the bright side, it will soon be a buyer's market for used video cards.

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  • (Score: 0) by Anonymous Coward on Monday July 10 2017, @06:03PM

    by Anonymous Coward on Monday July 10 2017, @06:03PM (#537216)

    another lazy ass (or malicious bankster shill) who hasn't bothered looking into the assets that are being built on the platforms while shilling for bitcoin, the only coin not implementing new features.

  • (Score: 2) by cosurgi on Monday July 10 2017, @06:11PM

    by cosurgi (272) on Monday July 10 2017, @06:11PM (#537225) Journal

    You didn't check what's about the last ethereum surge? It's a complete Turing machine inside blockchain. That includes ability to implement namecoin or a citizen ID like in Swiss city of Zug: http://www.stadtzug.ch/de/ueberzug/ueberzugrubrik/aktuelles/aktuellesinformationen/?action=showinfo&info_id=383355 [stadtzug.ch]

    --
    #
    #\ @ ? [adom.de] Colonize Mars [kozicki.pl]
    #
  • (Score: 3, Informative) by Grishnakh on Monday July 10 2017, @07:08PM (5 children)

    by Grishnakh (2831) on Monday July 10 2017, @07:08PM (#537272)

    On the bright side, it will soon be a buyer's market for used video cards.

    No, it won't. The summary clearly says that these new GPU cards are tailored for cryptocurrency mining rather than video usage, so they're not going to be of much use to people wanting to use them for actual video. It mentions having fewer video ports, for instance. If a GPU card only has one video port, for example, that's rather useless for most people who want high-end video cards for video, since everyone has multiple monitors these days. (People who don't care about multiple monitors don't buy high-end GPU cards, they just use the built-in Intel graphics.)

    • (Score: 0) by Anonymous Coward on Monday July 10 2017, @07:43PM

      by Anonymous Coward on Monday July 10 2017, @07:43PM (#537291)

      Back in the day, we would have two or more cards for one monitor. Anyone remember CrossFire or SLI?

    • (Score: 0) by Anonymous Coward on Monday July 10 2017, @08:54PM

      by Anonymous Coward on Monday July 10 2017, @08:54PM (#537321)

      I hope and pray the miners keep pushing GPU compute speeds. Couldn't care less for VGA ports or whatever.

      Give us compute compute compute for scientific applications. This is how science progresses, by begging richer fools to believe in their own dreams. Yes you can be a millionaire, buy more cards, demand progress, etc. Incidental shit like magical brain scans, nuclear power and intercontinental flight are boring side-shows. Just line pockets.

    • (Score: 0) by Anonymous Coward on Monday July 10 2017, @09:15PM

      by Anonymous Coward on Monday July 10 2017, @09:15PM (#537330)

      I daisy chain three Dell monitors from one displayport.

    • (Score: 2) by richtopia on Monday July 10 2017, @09:19PM

      by richtopia (3160) on Monday July 10 2017, @09:19PM (#537331) Homepage Journal

      I wonder if these coin-cards are compatible with the multi GPU systems I'm familiar with as a gamer (Crossfire or SLI). If that is the case then having one conventional card for your displays and multiple slave cards to improve performance could save some money.

      Although, I do have a Crossfire compatible mobo now and I've not been thrilled when I run it. It does give a serious performance boost, but at the expense of noise, heat and power. If used cards really drop in price then I could see myself running Crossfire again.

    • (Score: 2) by mhajicek on Monday July 10 2017, @10:22PM

      by mhajicek (51) on Monday July 10 2017, @10:22PM (#537355)

      At work I have three monitors. At home it's a single ultrawide. One output's fine for that.

      --
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