Although questions about the influence of crypto miners on the availability of the best graphics cards have been asked for months, companies like AMD have remained silent. Others, like NVIDIA, have set out to quell the crypto miner’s ambitions but still haven’t told the public much about the specific impact crypto miners have had on GPU supply.
Now, Jon Peddie Research has bucked the industry trend for ambiguous answers by making some tough estimates of the not-so-small impact of miners (via Tom’s Hardware).
Jon Peddie Research has developed a model that posits the idea that “[…] About 25% of the AIBs shipped in the first quarter of 21 went to miners and speculators. That’s around 700,000 high-end and mid-range AIBS in Q1’21. And the market value is about $ 500 million – half a billion dollars. “
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So there you have it. Nearly a million GPUs have disappeared in the ether of mining and speculation if the aforementioned company’s numbers are correct or close to them. Maybe they’re not accurate, and NVIDIA’s efforts to harass crypto miners are just an elaborate ruse to prop up a hoax that helps mask natural, organic scarcity. Maybe it’s a big boogeyman scenario.
… Or maybe crypto miners, grabbing supply where it hurts in the face of an already grave global semiconductor shortage, have exacerbated the problems to a dangerous point. Did you see what happened when the RTX 3080 Tis went on sale at Best Buy? People are getting desperate – not for Dogecoin and Ethereum, but to be able to play modern games on their PCs.