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Title    Ethereum Mining Craze Leads to GPU Shortages
Date    Monday July 10 2017, @02:47PM
Author    Fnord666
Topic   
from the the-pickaxe-GPU dept.
https://soylentnews.org/article.pl?sid=17/07/09/205227

takyon writes:

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

Links

  1. "takyon" - https://soylentnews.org/~takyon/
  2. "removed many AMD and Nvidia graphics cards from sale" - http://www.tomshardware.com/news/ethereum-mining-german-graphics-shortage,34959.html
  3. "Ethereum" - https://en.wikipedia.org/wiki/Ethereum
  4. "creating products specifically tailored to cryptocurrency mining" - http://www.tomshardware.com/news/ethereum-effect-graphics-card-prices,34928.html
  5. "Biostar" - http://www.tomshardware.com/news/biostar-mining-470d-graphics-card,34940.html
  6. "Zotac" - https://www.zotac.com/cn/product/graphics_card/%E7%B4%A2%E6%B3%B0-p106-100-%E6%8E%98%E9%87%91%E7%89%88
  7. "motherboard from Asrock" - http://www.asrock.com/MB/Intel/H110%20Pro%20BTC+/index.asp#Overview
  8. "Biostar" - http://www.tomshardware.com/news/biostar-amd-am4-cryptomining-motherboard,34356.html
  9. "all the way to the source" - http://www.tomshardware.com/news/gpu-shortage-2017,34964.html
  10. "TSMC" - https://en.wikipedia.org/wiki/TSMC
  11. "GlobalFoundries" - https://en.wikipedia.org/wiki/GlobalFoundries
  12. "BitCoin, Ethereum and Gold" - https://soylentnews.org/article.pl?sid=17/05/07/1417231
  13. "Cryptocoin GPU Bubble?" - https://soylentnews.org/article.pl?sid=17/06/25/0241227
  14. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=21162

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