CRYPTO MINING: 3 Million GPUs Purchased by Miners
The total sales of video cards have reached $776 million
AMD and NVIDIA's Empty Promises
Despite AMD and NVIDIA "promising" to support gamers, miners buy the latest GPU’s in bulk, leaving empty shelves.
GPU Prices will continue to rise in 2018
- More than 3 million graphics cards have been sold to cryptocurrency miners in 2017, with sales reaching $776 million, a new report revealed.
- According to a major manufacturer, prices of GPUs will continue to increase in 2018, despite expectations of decreasing demand in the mining sector.
GeForce GTX 1070 Ti - Price up 140% since January
Data shows the average price in USD over last 18 months
GeForce GTX 1060 6GB - Price up 150% since January
Data shows the average price in USD over last 18 months
AMD and NVIDIA leave gamers without hardware
- AMD’s main competitor, Nvidia, admitted the demand by miners had exceeded its expectations in the last quarter of 2017.
- In an attempt to guarantee that gamers would be able to get their share, the company asked retailers to limit the number of graphics cards that can be purchased at a time.
- Despite the "promise" - miners usually buy the latest GPU’s in bulk, leaving empty shelves.
References
- Report: Crypto Miners Bought 3 Million GPUs Last Year (Bitcoin.com)
- Video Cards - Price Trends (PCPartPicker.com)