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Crypto Miners Invade Laptop Market
#1
https://www.extremetech.com/computing/32...market-too
Quote:According to a new report, cryptocurrency miners aren’t just buying up desktop PC GPUs — they’ve started hoovering up gaming laptops as well. This has kept gaming laptop sales high through Q1 when normally the market would have cooled off by now.

This information comes courtesy of DigiTimes, via THG. The original DigiTimes article is now behind a paywall. According to them, cryptocurrency miners in China, Taiwan, and South Korea buy large stocks of laptops fitted out with RTX 3000 GPUs. Miners have (again, according to DT) even been lobbying manufacturers to create systems with low-budget components and powerful GPUs, since there’s no intent to use them for anything but cryptocurrency mining.

This is a new, infuriating wrinkle. For the third time in less than five years, cryptocurrency mining has pushed GPU prices beyond all sanity. The first cryptocurrency boom only hit AMD cards. The second affected both AMD and Nvidia and broke the retail channel for months. We’re already six months deep in the current shortage.

Every time we hit one of these shortages, the retail market warps badly enough to make even a boutique laptop or desktop a comparatively good deal. If cryptocurrency miners start buying laptops in bulk, it could drive prices up in this space as well.
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This year, seasonality isn’t going to be a thing. Nobody wants to predict what the market may do as vaccines roll out and areas come out from lockdowns. Some customers, like auto manufacturers, are desperate for chips now. TSMC and Samsung can shift some manufacturing capacity to accommodate that demand, but customers pushed to the side in February and March will have to be given capacity at some other time. In short, there’s no short-term solution to these problems.
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