GPU Prices Soar as Bitcoin Miners Buy Up Hardware To Build Rigs (computerworld.com)

"Bitcoin and other cryptocurrency miners have created a dearth of mid-range and high-end GPU cards that are selling for twice as much as suggested retail," reports Computerworld. "The reason: miners are setting up server farms with the cards." Lucas123 writes: GPU prices have more than doubled in some cases... Some of the most popular GPUs can't even be found anymore as they've sold out due to demand. Meanwhile, some retailers are pushing back against bitcoin miners by showing favoritism to their traditional gamer customers, allowing them to purchase GPUs at manufacturer's suggested retail price. Earlier this year, NVIDIA asked retailers of its hardware to prioritize sales to gamers over cryptocurrency miners.

Comments

What a shitty post, even for slashdot...

[Anonymous Coward]

1) Bitcoin is NOT mined on GPU, since like 5 years. Only on special ASIC devices. You ment to write that crypto-currencies, ALTcoins, are GPU mined

2) This is going on for like 1-2 years now, including the GPU shortage as result of ALT-coin mining

Re:What a shitty post, even for slashdot...

[Entrope]

Indeed. In the last few months, GPU process have actually dropped a fair bit. In January, it was common to see Radeon Vega 64 cards offered for almost 4x MSRP.

Old news

[Anonymous Coward]

This has been known for a while. Post some stuff that isn't stale bread.

Prices are actually falling

[drinkypoo]

Hothardware reports that pricing is now on a downward trend, with GPU prices approaching MSRP. They suggest that this is at least in part due to a new Ethereum ASIC miner. And they provide citations to show that the prices are actually falling, while computerworld simply makes a claim with no evidence...