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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.
They won't buy them cuz then they'd have zero resale value after the card is no longer powerful enough to mine. Selling used cards to gamers gets at least a few bucks back.
On the Oregon Cost born and raised, On the beach is where I spent most of my days
Welcome to 2016. What moron posted this article. GPU prices are dropping not soaring, Bitcoin hasn't been mined on GPU's for years now, alt coin mining since the price crashes has led to nice drops in GPU prices
I don't believe you've thought this through. There is a finite supply of GPUs that can be made by these multi-billion dollar foundries in any given period. Reducing the cost of cards used by miners (no video ports, etc.) will just enable miners to buy more cards and grab a bigger chunk of the GPU supply. Reducing the cost of cards that miners want isn't going to increase the supply of cards that gamers want; ultimately they're all coming from the same source of integrated circuits. If the supply of miner cards is insufficient the miners will just buy gamer cards instead; you've achieved nothing. Gamers and miners are also competing for the same supply of GDDR5(?), VRMs and every other component on these boards.
The solution is to badger and shame these concurrency inventors into using different "proof" algorithms so that they aren't pulling a large fraction of the planet's power supply and buying up all the hardware.
There'd probably be some benefit to a mining only card. The lack of ports for connecting to displays would make the cards less expensive and companies could bin chips that have defects only in the parts of the chip that would make them useless for gaming but don't affect their ability to mine. Also, I don't believe that the used market is that valuable as it's likely to get flooded as miners try to upgrade at the same time and many consumers are leery about buying cards used for mining to begin with.
They won't buy them cuz then they'd have zero resale value after the card is no longer powerful enough to mine. Selling used cards to gamers gets at least a few bucks back.
I seriously don't want a graphics card that has been abused in a mining rig. They aren't meant to run full power 24/7, and I doubt there's more than a couple of use in them.
--- Keep the choice with the user..
Maybe you should kill yourself.
The solution is to badger and shame these concurrency inventors into using different "proof" algorithms so that they aren't pulling a large fraction of the planet's power supply and buying up all the hardware.
No, the solution is to be a GPU manufacturer.
The one who gets rich in a gold rush is the one who sells shovels.
The hard part is to make them keep buying new cards long after the coins have become too expensive to mine.
Or possibly people mining cryptocurrencies other than bitcoin.
Incidentally, only cunts use the term 'noob'. It's an infallible indicator.