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AMD GPU Supply Exhausted By Cryptocurrency Mining, AIBs Now Directly Advertising To Miners

Soldato
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AMD Radeon RX 500 series graphics cards, particularly the RX 580 and 570, have been out of stock for weeks now owing to the cryptocurrency mining craze. The market had shifted away from GPU mining a couple of years back after several China based companies launched specialized ASICs that were much faster and more power efficient at resolving the block chain equations necessary to mine Bitcoin and Litecoin, the Gold and Silver of cryptocurrencies.

However GPU mining has seen a massive resurgence over the past little while due to the rising popularity of ASIC resistent coins. Chief among which is Etherium which has seen its price more than triple in a matter of months. AMD’s Add-In-Board partners have caught on to this and have already started directly advertising to miners.

http://wccftech.com/amd-gpu-supply-...rrency/?utm_source=dlvr.it&utm_medium=twitter
 
When you see past the 'Yey, AMD's punting all their gpu's' and looking forwards at AMD as a gaming brand (when they don't have any current high end gpu or any mid range gpu's to power gaming) it's looking well grim on the PC space as the customers they have end up going Nv/console never to return.

AAA PC gaming's going to be on the decline even more.:(
 
When you see past the 'Yey, AMD's punting all their gpu's' and looking forwards at AMD as a gaming brand (when they don't have a high end gpu or any mid range gpu's to power gaming) it's looking well grim on the PC space as the customers they have end up going Nv never to return.

This.

Right now I can't even buy a GPU comparable to my 290X from AMD.

That's loltastic.
 
Does that mean there's increased demand for 290's as well?

I've just jumped ship to Nvidia and will be putting my R9 290 on the bay soon. I wonder if I should drop any key words in to attract mining interest...
 
This will turn full circle when the alt coin crashes and people unload their useless cards. The second hand buyer will benefit big time, and the market will be flooded.

I don't see how this affects the gaming market. At the performance end, AMD cards have lagged behind Nvidia for years regardless of mining.

AAA PC gaming isn't on the decline?
 
Does that mean there's increased demand for 290's as well?

I've just jumped ship to Nvidia and will be putting my R9 290 on the bay soon. I wonder if I should drop any key words in to attract mining interest...

I hope so, I have 3 290's I can get rid of.
 
However GPU mining has seen a massive resurgence over the past little while due to the rising popularity of ASIC resistent coins. Chief among which is Etherium which has seen its price more than triple in a matter of months.

Lol, this news is about 12-6 months late, as are the people buying up cards to try and catch the boat (amazingly the exact same thing that happened when the news about Litecoin hit).


Does that mean there's increased demand for 290's as well?
Unlikely, a 290 has less mining power than a RX470/GTX1070 and uses ~double the power. mining performance per watt is the thing most miners are concerned with. You're actually more likely to run into competition from miners offloading older 290s lol.
 
When you see past the 'Yey, AMD's punting all their gpu's' and looking forwards at AMD as a gaming brand (when they don't have any current high end gpu or any mid range gpu's to power gaming) it's looking well grim on the PC space as the customers they have end up going Nv/console never to return.

They stay customers of AMD if they go the console route, just not in the PC space (assuming MS/Sony).
 
Agreed. I thought it was a strange comment to make.
GPU shipments are down, mmo/e-sports scene where the talk about soaring cash generated on themthe thePC isn't the AAA gaming/hardware scene.

People are still sitting on 290's because Fury was crap value and Nvidia is charging silly money to recouperate less volume sales/greedy whatever you want to think they are doing with the increased price of entry to a specific performance bracket.

Don't think Spoffle has bought a new GPU in a while now either?

It's only a personal opinion too so no worries if you both don't agree.:)

They stay customers of AMD if they go the console route, just not in the PC space (assuming MS/Sony).

That's why I specifically stated PCspace.
 
GPU shipments are down, mmo/e-sports scene where the talk about soaring cash generated on themthe thePC isn't the AAA gaming/hardware scene.

People are still sitting on 290's because Fury was crap value and Nvidia is charging silly money to recouperate less volume sales/greedy whatever you want to think they are doing with the increased price of entry to a specific performance bracket.

Don't think Spoffle has bought a new GPU in a while now either?

It's only a personal opinion too so no worries if you both don't agree.:)



That's why I specifically stated PCspace.

+1

People say PC gaming is on the rise but when you actually read into it, it isn't really, certainly not for the triple a gaming space. The vast majority of income/profit is coming from competitive/esports and free to play games such as CS:GO, LOL and overwatch etc.

And again, if PC gaming was on the rise then surely PC releases would be a lot better (at least for the triple a titles) done rather than being released in the state that they are and then having developers take 4+ months to patch them up.... There's a reason why companies a lot of the time out source the PC version/port to a 3rd party developer i.e. it just isn't worth the effort/resources/time
 
Unlikely, a 290 has less mining power than a RX470/GTX1070 and uses ~double the power. mining performance per watt is the thing most miners are concerned with. You're actually more likely to run into competition from miners offloading older 290s lol.

I doubt a R290 has less mining power than a RX470, not on Eth anyway. I have two 290s that both do 28.1 mh/s at stock, I've read RX480s can do slightly more with memory tweaking but not much more. Granted 290s use more power but they are still profitable. I wouldn't buy one specifically for mining now but I wouldn't feel a need to offload them either.
 
The claim here seems to be that mining=bad because it's enabling lack of competition for high end discrete GPU sales, and this has been a contributory factor in the decline of PC gaming. Yeah?

I'd like to explore that further, however the post quoted below appears to be closing the conversation down. So, unless anyone feels like conversing about it I'm quite happy to move along. :)

It's only a personal opinion too so no worries if you both don't agree
 
I doubt a R290 has less mining power than a RX470
Well the R290X is ~6% faster than a RX470 and ~8% slower than then RX480, so the R290 should be about even with the RX470 at best.

Like I said the fact that the 290's use considerably more power is another factor as even though they are not that far behind the 470/1070 the additional power costs eat into their profit.
 
+1

People say PC gaming is on the rise but when you actually read into it, it isn't really, certainly not for the triple a gaming space. The vast majority of income/profit is coming from competitive/esports and free to play games such as CS:GO, LOL and overwatch etc.

And again, if PC gaming was on the rise then surely PC releases would be a lot better (at least for the triple a titles) done rather than being released in the state that they are and then having developers take 4+ months to patch them up.... There's a reason why companies a lot of the time out source the PC version/port to a 3rd party developer i.e. it just isn't worth the effort/resources/time

If it was on the rise, PC would be lead platform with everything else coming after the PC as an afterthought, instead of mostly the other way around.

Pre Pascal, Nv were making noises about bringing the PC up to parity of console capable AAA titles.

The claim here seems to be that mining=bad because it's enabling lack of competition for high end discrete GPU sales, and this has been a contributory factor in the decline of PC gaming. Yeah?

I'd like to explore that further, however the post quoted below appears to be closing the conversation down. So, unless anyone feels like conversing about it I'm quite happy to move along. :)

Wasn't closing it down, only closed down the possible MrT type 'you fool' type comments that I wouldn't waste effort replying to, but to answer you, yes I do think mining is bad for gaming due to gamers not being able to have a purchase option and it will contribute to a further decline in gaming.

A few gens back you were getting 1070 type 1080p performance for ~£200, now it's doubled, they even marketed and priced the (imo)crap FE blower as a premium product because they added a silver die to the cooler mix, then the better coolers were/are priced above the crap one.

Bearing in mind that even though some gens there has been an increase in cost due to repeated milking from production all the way up the chain on route to the consumer, plenty times there has been an advancement in performance slotted in at the same pp as the outgoing replacement.

Plenty others not willing to purchase due to diminished bfb replaced with increasing costs instead of the more traditional new process=higher performance at roughly the equivalent outlay that you want to replace, 970 flew off the shelves, the lower segment 1060 is no where near selling like the 970 did.

While I don't think there is an absolute ellement of greed from the vendors, I do think they take the **** with moving performance tiers up the chain to con the user into thinking they are getting a new product when there has always always been the top end model, it just didn't have the Titan and now the Frontier edition marketing behind it.

Oh and Hail Hail mate.:D
 
Well the R290X is ~6% faster than a RX470 and ~8% slower than then RX480, so the R290 should be about even with the RX470 at best.
Where are you getting these percentage figures from? What specifically does a 470 & 480 hash at?
 
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