PC gaming GPU giants Nvidia and AMD are lining up cheaper, stripped-down crypto-specific graphics cards in the face of overwhelming demand led by Bitcoin & Ethereum miners.As bitcoin increasingly finds itself under the mainstream’s eye amid an ongoing price boom, there is a distinct shortage of graphics cards in the gaming market.According to AMD, whose GPUs are currently sold-out at major US retailers, the blame is on a “solid demand” by “newly resurgent cryptocurrency mining markets.” Nvidia-based graphics cards, traditionally more expensive than AMD GPUs, are also seeing an increase in demand.The gaming market remains the priority for the two hardware manufacturers who have seen a similar market swell in demand for graphics cards in late 2013 from Bitcoin and Litecoin miners.This time, AMD & Nvidia are addressing gamers’ frustration and new miners’ demands head on.According to a report by Digitimes, both Nvidia and AMD are both preparing to release GPUs specifically designed for bitcoin mining at reduced costs due to lower specifications compared to their gaming GPU cousins.

What’s being stripped away?Details are scarce, but the manufacturers are removing HDMI and/or Display ports as image outputs from the mining-specific hardware.They will also come with reduced 90-day warranty periods due to the intensive 24-hour operation that the bitcoin mining GPUs are likely to see.The report from the Asian publication also reveals a name for Nvidia’s model, the GeForce GTX1060-100.There are no details about the new hardware on Nvidia’s website at the time of publishing.AMD is reportedly redesigning its entry-level 400 series hardware for cryptocurrency-miners.Both manufacturers’ GPUs are expected to be available by the end of this month, June.GPUs based on the higher-end 500 series, the Radeon Rx 580 and Rx 570 are sold out, as reported by CCN yesterday.Another factor cited by the report as a reason for a new line of bitcoin-mining GPUs is the aftermarket costs incurred by vendors during the mining boom of 2013.After the bitcoin mining trend tailed off soon after, an entire slew of miners sold their heavily-used graphics cards to the second-hand market.

These cards remained under warranty and, as a result, their vendors and manufacturers saw significant maintenance-related costs in prepping up the GPUs for their second-hand owners.bitcoin chart price inrThis would explain AMD & Nvidia lowering the warranty period for the new mining-specific hardware to a measly 90 days.ukash to bitcoin instantOther hardware manufacturers are also looking to capitalize on the surging demand, with some motherboard vendors reportedly pushing their products specifically designed for Bitcoin mining.bitcoin hyip forumAMD 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.bitcoin mining with raspberry pi worth it

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.bitcoin halalHowever GPU mining has seen a massive resurgence over the past little while due to the rising popularity of ASIC resistant coins.bitcoin mehr verbindungenChief among which is Etherium which has seen its price more than triple in a matter of months.bitcoin mining sydneyAMD’s add-in-board partners have caught on to this and have already started directly advertising to miners.bitcoin zahlungsmethode

Why AMD GPUs Are Flying Off The Shelves – Sold Out In Over A Dozen Countries Our resident lab-master and chief Keith May published a story a couple of weeks ago detailing the performance of different graphics cards in Etherium mining.bitcoin forks listNo matter what price bracket we looked at AMD GPUs were the biggest profit makers in terms of a return on investment basis.While some NVIDIA graphics cards do close the gap with their AMD counterparts in perf/watt at Etherium mining, their significantly higher initial cost make them far less profitable.For example, not too long ago miners would’ve been able to grab two RX 470 graphics cards for the price of a single GTX 1070 and generate nearly double the profit.The mining craze hasn’t just affected US based retailers, the phenomenon has gone global.RX 500 series GPUs are sold out all over the globe.Nearly all retailers in North America and Europe are out of stock.

Even retailers that have RX 500 series cards in stock only have a handful of units left.Used AMD Radeon Graphics Cards Are Catching 2-3 Times Their Original Value In The 2nd Hand Market We’ve seen the same scenario back in late 2013 early 2014 during the Bitcoin and Litecoin mining crazes.AMD GPUs of the day handily outperformed their NVIDIA counterparts and as a result AMD simply couldn’t keep up with the demand and supplies of R9 290 and 290X cards dried up really quickly, driving prices up to insane levels.Today if you browse eBay for used Fiji based cards like the R9 Fury X and R9 Nano you will find them routinely being bought for several hundred dollars more than what they cost new just a couple of months ago.AMD retired Fiji GPUs a while back in preparation for the Vega launch.All Fiji based cards that retailers were selling over the past several months were just left-over inventory.It’s the same story with RX 480 and RX 470 units.The irony in all of this is that PC hardware has always been one of those things that consistently lost value over time as it got older and replaced by new products, but what we’re witnessing here is the exact opposite.