Slash Boxes

SoylentNews is people

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?

Original Submission

This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 0) by Anonymous Coward on Tuesday July 11 2017, @08:48AM (1 child)

    by Anonymous Coward on Tuesday July 11 2017, @08:48AM (#537512)

    I'd like to tell you about this fabulous place called Vegas...

    Seriously what is the next word? Get rich fast _____? ... it's scam.

  • (Score: 0) by Anonymous Coward on Tuesday July 11 2017, @10:54AM

    by Anonymous Coward on Tuesday July 11 2017, @10:54AM (#537528)

    The often heard argument of people who don't understand markets (and their emotions).

    Beside the fluctuations in the market you also have a huge crowd of trader wanabees who follow each other without understanding what they are actually "investing" (speculation is the right word here) in. They also end in loosing money often, as they are very predictable. I started with bitcoin when it was worth a few cents, in the years the valuation of my assets have increased over 4 million Euro (starting with a few hundred euro). I use that to pay myself a salary of 2500 EUR/month, and I'm happy with that. Some of my friends went into the mining... they always see me as "the rich guy". Costs for equipment, place to put them, power price and effort are a heavy pressure on profits for them.