Slashdot Mirror

← Back to Stories (view on slashdot.org)

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

Posted by EditorDavid on from the hoarding-hardware dept.

"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.

3 of 157 comments (clear)

  1. What a shitty post, even for slashdot... by Anonymous Coward · · Score: 5, Informative

    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

  2. Re: so fucking stupid by negRo_slim · · Score: 5, Insightful

    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
  3. welcome to 2 years ago by Anonymous Coward · · Score: 5, Insightful

    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