Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
The Return Of GPU Cryptocurrency Mining
#1
https://www.techpowerup.com/234113/nvidi...their-gpus
Quote:As a result, demand for AMD graphics cards is straining and suffocating supply, and it could be that NVIDIA will go the same route, should recent optimizations continue. It would seem that both companies understand the strain this puts on general customer who really just want to play a game with their graphics cards, but are finding pricing and availability an insurmountable challenge. Both companies are thus reportedly working on specialized editions of their graphics cards specially geared for cryptocurrency mining. These would apparently eschew any gaming capability, and likely display output connectors as well, which are unneeded for mining farms. NVIDIA is said to be prepping a special edition GeForce GTX 1060 with their GP106-100 GPU, and AMD is rumored to be working on some adaptation of their Polaris graphics cards as well. Sources point towards only 90 days warranty on these NVIDIA GTX 1060 cards, which will also be cheaper than gaming models, and be distributed by add-in board partners.
Valve hater, Nintendo hater, Microsoft defender, AMD hater, Google Fiber hater, 4K lover, net neutrality lover.
Reply
#2
https://www.techpowerup.com/234189/nvidi...e-may-2017
Quote:Recently, new miners optimized for NVIDIA's Pascal architecture have been making waves in the market, and there's even been a recently-launched NVIDIA-based mining station. There have even been analysts' articles detailing how more efficient NVIDIA cards are in mining, in a purely $/W perspective, even if they aren't the fastest yet. Much like AMD has been reaping the benefits of market and customer recognition for their cards' mining prowess, so does NVIDIA stand to gain, and the soaring shares from the company in the last few days could culminate in the company crossing the $100 billion threshold much sooner than expected.
Valve hater, Nintendo hater, Microsoft defender, AMD hater, Google Fiber hater, 4K lover, net neutrality lover.
Reply
#3
https://www.reddit.com/r/Amd/comments/6i...x500_gpus/
Looks like AMD is going to be getting relief soon.
Valve hater, Nintendo hater, Microsoft defender, AMD hater, Google Fiber hater, 4K lover, net neutrality lover.
Reply
#4
https://www.techpowerup.com/234482/eth-m...le-in-time
Quote:Hold on to your ETH hats: you will still be able to cash in on the ETH mining craze for a while. However, you should look towards your 3 GB and 4 GB graphics cards with a slight distrust, for reasons that you should know, anyway, since you have surely studied your mining cryptocurrency of choice. Examples are the GTX 1060 3 GB, or one of those shiny new 4 GB RX 480 / RX 580 which are going at ridiculously premium prices right now. And as a side note, don't you love the mechanisms of pricing and demand?
...
Currently, an epoch takes about 4 to 5 days to conclude until a new one is started. That means that in around five month's time, a user with an RX 470 4GB will see an almost 30% decrease in hash-rate, with the same power consumption of today. And as you know, in mining, power/performance ratio is all that counts for profitability. It is expected that NVIDIA cards being used currently, such as the GTX 1060 3 GB, will see decreases as well. And there are other performance-affecting details that originate from the increased worker size as well, such as TLB (Translation Lookaside Buffer) trashing, which could see performance degradation even before the memory pool of your graphics card of choice is fully loaded, provided the TLB is itself being overflowed... With Polaris, AMD implemented a TLB cache which was, before, absent from the GCN architecture. The small size of this TLB cache means that Polaris graphics cards will likely see performance penalties from TLB trashing before the DAG size increases to their memory limits. Just another point for you to consider.

Now granted, if you know anything about Ethereum, you probably won't even care about this: the passage from PoW to PoS (Proof of Stake) is expected to occur by November 1st of this year. This means that ETH mining will simply cease to be a thing (though this implementation could see some delays, unlikely as that is.) And it lines up nicely with the 5 month, 30% computing power decrease estimation above. So maybe you don't have to worry that much about ETH mining ceasing to be profitable in 5 month's time. But if you are looking to buy into the mining craze and invest in hardware, you should study this market, and this technology, first (and pay attention to this article as well.) Likewise, if you have just recently bought into the mining hardware market with those exorbitantly-priced RX 400 and RX 500 - do the math and be ready to look for alternatives, either in cryptocurrencies or mining solutions. Don't let yourself be burned just because you want to follow the train.
Valve hater, Nintendo hater, Microsoft defender, AMD hater, Google Fiber hater, 4K lover, net neutrality lover.
Reply
#5
http://www.pcgamer.com/it-looks-like-cry...rices-too/
Quote:A user on Reddit lamented that GTX 1060 pricing is "skyrocketing," which is an exaggeration of the situation, though not totally off base.
...
We decided to do some digging and as it turns out, he appears to be onto something.

One of the cheaper GTX 1060 cards out there is MSI's GTX 1060 Aero ITX 6TG OC. It is the least expensive 6GB 1060 on Newegg, which as the Reddit user noted is priced at $270. Over at Amazon, only third-party vendors offer the same card, albeit starting at $294—yikes!

We headed over to CamelCamelCamel to see how this card has been trending, and sure enough the asking price is as high as it's ever been.

About a month and a half ago, this same card sold for around $220 on Amazon, via third-parties. So in other words, pricing has risen 34 percent in the span of about six weeks.

A similar situation seems to playing out in GeForce GTX 1070 territory as well. Take the Asus GeForce GTX 1070 8GB ROG Strix OC Edition (STRIX-GTX1070-O8G-GAMING). Amazon has this one in stock for $470, versus $399 as recently as May 22. Have a look:

For the most part, this fluctuated between $420 and $450 for several months for dipping down to $399, but has now ballooned to a new high.

So what does all of this mean? We can't say with 100 percent certainty that cryptocurrency miners are the culprit, but it sure seems that way. That's where AMD's hardware partners pinned the blame the shortage of Radeon RX 580 and 570 cards, and with those being out of stock, it makes sense that miners would turn to alternative hardware—in this case, GeForce GTX 1060 and 1070 cards.
...
Another reason we're seeing this play out among Pascal cards is that Nvidia GPUs are proving nearly as profitable as AMD GPUs with some cryptocurrencies. While AMD's GPUs are still generally better, some of Nvidia's card's are cheaper and consume less power.

Hopefully AMD and Nvidia both can get handle on things by increasing production and/or building a separate set of cards specifically intended for miners. Otherwise, your best bet is to pounce on a good deal when you find one, as the aforementioned Reddit user wishes he had done.
Valve hater, Nintendo hater, Microsoft defender, AMD hater, Google Fiber hater, 4K lover, net neutrality lover.
Reply
#6
https://www.techpowerup.com/234575/nvidi...p-detailed
Quote:VideoCardz compiled a small list of unreleased crypto-currency mining cards based on the P104 and P106. These include cards from popular NVIDIA GeForce add-in card (AIC) partners, such as ASUS, MSI, and Colorful. The mining-segment cards look almost identical to the GeForce GTX 10-series cards they're derived from; but lack display outputs. Pictured above are the ASUS MINING-P106-6G, MSI P106-Miner, MSI P104-Miner; and Colorful P106-100 WK1 (in that order). It remains to be seen how NVIDIA and its partners price these cards, but if they're pricier than their GeForce GTX siblings, this whole exercise will be rendered futile, as miners will simply buy up the GeForce GTX inventories.
Valve hater, Nintendo hater, Microsoft defender, AMD hater, Google Fiber hater, 4K lover, net neutrality lover.
Reply
#7
http://www.tomshardware.com/news/graphic...34879.html
Quote:The good news is that the appears to be stabilizing. A few GTX 1070s have dropped in price--the EVGA GeForce GTX 1070 FTW Gaming ACX 3.0 is now $460 on Amazon instead of $500, like it was over the weekend.They still aren't the best option, considering you can get better performance from a GTX 1080 without upping your investment too much, but they are available.

At least for now: Earlier this morning a Zotac GeForce GTX 1070 AMP! Edition was briefly available from Amazon for $400, but that model sold out before we could write this article. Although these attempts to stabilize the market are a positive sign that OEMs are attempting to resolve the issue, the speed with which the $400 GTX 1070 sold out shows that we are still far from a solution to the current GPU shortage.

Perhaps the introduction of mining-specific cards will help. At the very least it will help manufacturers appeal directly to miners, which is exactly what Asus did with the Mining-P106-6G and Mining-RX470-4G. The former is based on Nvidia's P106-100 graphics engine, the latter on AMD's RX 470. Both offer a single display port (you don't need 'em for mining) and easy overclocking for "maximum hash-rate performance." These cards are made to help miners get the best return on their investment by allowing continuous operation with relatively low power draws.

This could be good news for gamers, too, if other manufacturers follow suit. Instead of eating into the supply of gaming-focused graphics cards, miners could purchase models designed specifically for them. Maybe that would help keep the price of graphics cards down and divide production between the two markets. It's not going to stop miners from buying up gaming cards, but it could at least help stabilize the market.

In the meantime, unless you're planning to buy a GTX 1080 or the lowly GTX 1050, you probably ought to wait to buy a new graphics card.
Valve hater, Nintendo hater, Microsoft defender, AMD hater, Google Fiber hater, 4K lover, net neutrality lover.
Reply
#8
And it looks like the AIB partners are trying to beat AMD and Nvidia to offering mining cards: http://techreport.com/news/32158/asus-an...pto-miners
Valve hater, Nintendo hater, Microsoft defender, AMD hater, Google Fiber hater, 4K lover, net neutrality lover.
Reply
#9
Discussion starts at time index 01:38:


Valve hater, Nintendo hater, Microsoft defender, AMD hater, Google Fiber hater, 4K lover, net neutrality lover.
Reply
#10
http://www.tomshardware.com/news/ethereu...34959.html
Quote:Update, 7/10/17, 8:10am PT: MindFactory told us that, in addition to pulling graphics cards from its shelves, it also canceled existing orders. "We had to cancel a lot of orders because of cards we can not get anymore," the company said in an email to Tom's Hardware. MindFactory customers were informed of the cancellation via email.
...
But that hasn't been enough to make a meaningful difference in the graphics card market; mid-range cards are still sold out or are going for elevated prices. If MindFactory is any indicator, we might soon see retailers pull the products from their shelves entirely. There's just no sense in listing products that you won't be able to sell for who-knows-how-long.
Valve hater, Nintendo hater, Microsoft defender, AMD hater, Google Fiber hater, 4K lover, net neutrality lover.
Reply
#11
http://www.tomshardware.com/news/ethereu...34985.html
Quote:It appears the recent gold rush surrounding Ethereum is coming to an end. The price of Ether dipped below $200, and the mining difficulty level jumped by nearly 20%. If you’re getting into Ethereum mining now, it’s probably too late.
Valve hater, Nintendo hater, Microsoft defender, AMD hater, Google Fiber hater, 4K lover, net neutrality lover.
Reply
#12
http://www.pcgamer.com/popular-cryptocur...-inflated/
Quote:Prices remain inflated on the midrange offerings, particularly on the AMD side, which is remains a veritable no-man's land. Prices are still up by 50 to 100 percent or more, but at least now you can actually buy the cards. Just a few weeks ago, the 570 and 580 were in the $500+ range, which is ridiculous. eBay ends up being a better option for lower prices on all of the AMD GPUs, but you end up with the risk of used hardware—something I wouldn't recommend, particularly as the cards still carry a price premium. I wouldn't be surprised if many of the cards on eBay are from people that purchased the GPUs at MSRP, and now they're just looking to turn a quick profit, but it's impossible to know for certain whether a card has been used for mining or not.

That's a topic that came up several times at AMD's recent RX Vega event. Many wondered if AMD could add some sort of an "hours of use" tracker to the cards to protect people from buying a worn-out card. AMD made non-committal comments, and obviously it's not going to help pre-existing cards. Unfortunately, that means used graphics cards will remain a questionable proposition.
Valve hater, Nintendo hater, Microsoft defender, AMD hater, Google Fiber hater, 4K lover, net neutrality lover.
Reply
#13
http://www.barrons.com/articles/nvidia-c...1506091907
Quote:Our checks with the leading GPU and motherboard OEMs indicate SepQ GPU card trends are very strong, with card shipments coming in ~30-50% ahead of flat q/q expectations on strength from cryptocurrency mining. Cryptocurrency demand is driving strength in NVDA's GTX 1060/1070 cards. The GPU/motherboard OEMs also noted GPU pricing was up ~25% in the last six months. As we have noted prior (Link - Pricing), the strong pricing and unit trends point to strong OctQ upside to NVDA's muted cryptocurrency expectations. The OEMs also noted zero inventory of GPUs in the channel and constrained short DRAM supply and pricing also affecting GPU shipments. Coming off a very strong SepQ, there are also expectations in the supply chain that DecQ GPU sales could be muted in pricing and demand on recent cryptocurrency bans and DRAM shortages.
Valve hater, Nintendo hater, Microsoft defender, AMD hater, Google Fiber hater, 4K lover, net neutrality lover.
Reply
#14
http://techreport.com/news/32627/the-mid...ooling-off
Quote:As of this week, though, it seems that prices for midrange cards are on a road back to regularity. On the GTX 1060 6GB front, Newegg has one card in stock for its suggested price, and our EVGA favorite is just $15 more.

Radeon RX 580 8GB cards are not much more expensive. You can get this nice-looking dual-fan Asus model for $289.99, and similar versions from MSI, Gigabyte, and Aorus are all $309.99. Yes, $60 to $80 over AMD's suggested pricing for those cards is still a big ask, but at least they're in the same ballpark as competitive Nvidia products. We're still waiting for the taming of RX 570 prices, though. Those cards are impossible to recommend for the $260 or so they're commanding right now.

The slight easing of tensions may be extending to AMD's higher-end cards, too. Although Newegg still isn't selling standalone Radeon RX Vega 56 and RX Vega 64 cards yet, the Radeon Black Pack versions of both cards are not far off their official prices. One can actually pick up an MSI RX Vega 56 Black Pack for the suggested $499.99 right now, and the RX Vega 64 Black Pack from Sapphire is $619.99 (or $20 over AMD's suggested price for the combo). Whether those are good values in light of the fact that you can still pick up a GTX 1080 for $500 to $550 is debatable, but they are at least not pants-on-head stupid.

All told, we can only hope that graphics card prices continue to cool off. Once again, we've got our fingers crossed. If you need a midrange card today, though, now is the best time to buy one that we've seen in months.
Valve hater, Nintendo hater, Microsoft defender, AMD hater, Google Fiber hater, 4K lover, net neutrality lover.
Reply
#15
https://www.techpowerup.com/238000/graph...s-increase
Quote:DigiTimes is reporting that graphics cards vendors and AIB (add-in board partners) to both AMD and NVIDIA are increasing their orders for GPUs. Citing sources from the upstream supply chain, the report says that the reason for this is an expected increase in sales due to higher demand for cryptocurrency mining workloads.
Valve hater, Nintendo hater, Microsoft defender, AMD hater, Google Fiber hater, 4K lover, net neutrality lover.
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)