Computer processor producer AMD released a novel graphics card (GPU) before this week, together with inside five minutes the production was sold out on every major online marketplace. Supplies of the AMD Vega 56 were already expected to hold upwards tight due to manufacturing issues, but the near-immediate sellout left gamers seething at cryptocurrency miners for gobbling upwards the express supply.
AMD Vega 56
The cryptocurrency markets accept seen an unprecedented bull run inwards 2017, together with increasing prices together with media attending accept caused need for mining hardware to soar. Some cryptocurrencies, similar ethereum, are–at present–mined nigh effectively using GPUs. Because the procedure is together with thus competitive, miners necessitate the latest technology to stay profitable. In the past, ethereum miners fifty-fifty resorted to leasing Boeing 747s to send their processors together with thus they could teach a leg upwards inwards the hashpower race. The acquaint surge inwards need has oft left PC gamers unable to obtain the latest GPUs without paying far over marketplace value. And they are absolutely furious. The Vega 56, for instance, is hard to detect for less than $100 over MSRP. Some retailers accept attempted to hand gamers access to the Vega 56 yesteryear creating hardware/software bundles that would non appeal to miners, but the terminate final result is that gamers withal pay to a greater extent than than they would like. Raja Koduri, senior vice president together with principal architect of the AMD Radeon Technologies Group, posted a Twitter thread weighing inwards on the controversy, stating that “we alive inwards interesting times”:
To build matters worse for gamers, this is non an isolated event. Earlier this year, a demand from ethereum miners caused AMD’s Radeon RX 580 together with RX 570 GPUs to sell out at all major retailers. Although AMD has publicly stated that the gaming marketplace is their priority, the companionship has begun catering to the cryptocurrency mining industry, offering dedicated drivers for mining rigs together with committing to developing stripped-down graphics cards for miners. Both AMD together with Nvidia–the other major GPU producer–have seen their stock prices soar due to the cryptocurrency mining resurgence. Unfortunately for gamers, at that topographic point does non look to hold upwards an terminate inwards sight for this saga. Unless the crypto markets crash, manufacturers create upwards one's hear to ramp upwards production, or novel technology makes GPU miners obsolete, the shortage volition buy the farm on for the close future.
Featured picture from AMD.
