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This is also my suspicion. Further, since ALL the GPUs are being eaten up by crypto miners, people are calling it Unpresented demand. As for when It shall end?
by ramshanker 5y ago
This is also my suspicion. Further, since ALL the GPUs are being eaten up by crypto miners, people are calling it Unpresented demand. As for when It shall end? My take is when Ethernum switches to Proof of Stake model. By keeping the switch 6 months away forever, they hare in a way hindering the creation of ASIC miners, forcing everyone to use GPUs..... Once all those crypto GUPs reinter the gaming market, half the computer side supply problems would be gone.
- terafo 5y agoIt is definitely not only crypto miners. Gaming market exploded like crazy. PS5 is somewhere in 800$ price range, for example.
- irthomasthomas 5y agoHow do crypto miners make use of the GPU's now? I did the sums some weeks ago, and even assuming free electric, the inflated price of the cards made it very difficult to become profitable. Best case, it's like 2 years before you break even
- svnt 5y agoWhen markets only go up they bank on appreciation of the underlying cryptocurrency, and the ability to resell hardware into a scalped market when done.