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25% seems like a very low estimate. All sections of the supply chain were being looted. Barely anything made it to stores.
by UberFly 4y ago
25% seems like a very low estimate. All sections of the supply chain were being looted. Barely anything made it to stores.
- CharlesW 4y agoIt seemed low to me too, but it was the most credible reference I could find. Surely it's an estimate, and I'd guess a conservative one.
- foota 4y agoEven a small increase in demand can result in a large price change if it pushes into a different part of the demand curve (e.g., if the "cheap" demand has been supplanted with customers willing to pay more then the market price can change drastically).
- TheDudeMan 4y agoData centers don't buy from stores.
- henearkr 4y agoA ton of not-data-center-people took mining as a hobby...
- jimmydorry 4y agoAnd what exactly is the difference between a data centre and a hobbyist running at a similar scale?
- henearkr 4y agoThe mass of hobby miners NOT running at a datacenter-scale was probably enough to empty stores, which was the point of the original comment.
- UberFly 4y agoExactly. Everything worth buying was being snatched and resold before it even saw a store.
- TylerE 4y agoMiners were only buying high end cards.
- uni_rule 4y agoIf nearly all the 60-series cards sold for several months are considered high end cards, what are the low end ones? 710 gt's?
- girvo 4y agoThats not quite true, unless the 3060 Ti counts as a high end card I guess. It was easily the most popular mining card of the 3000 generation, due its excellent MH/Watt compared to the others? And previous to that, the mid-range 5700 from AMD was the best, to the point where you could sell your 5700 to a miner and buy a new 6700 and have cash left over at some points.
- hn_go_brrrrr 4y agoI saw the 5700/6700 claim at the time, but I was never able to find someone willing to buy my 5700 for what a good 6700 was selling for.