Friday, May 9, 2025
Germany Latest News
  • Sports
  • USA
  • Asia
  • Health
  • Life Style
  • Tech
  • Science
  • Latin America
  • Africa
  • Europe
No Result
View All Result
Germany Latest News

Crypto-cash boom prompts graphics card rationing

by The Editor
January 23, 2018
in Tech
0
Crypto-cash boom prompts graphics card rationing

Booming interest in crypto-currencies has been blamed for pushing up the prices of graphics cards.

The cards are popular because they speed up the process of minting or "mining" crypto-coins.

Keen miners are buying graphics cards in large quantities and running them in parallel to boost their coin-producing efforts.

Their actions have led some makers and sellers of graphics cards to limit how many people can buy at any time.

Writing on PC Gamer, Jarred Walton said: "Right now is the worst time in the history of graphics cards to buy or upgrade this all-important gaming component."

Gamers only

Many websites that cover the PC and computer component industry are reporting that top-end video cards are selling for far more than the price seen on a manufacturer's site.

For instance, Nvidia's GTX 1080 Ti is priced at £679 on the firm's store but the same card costs more than £900 on almost every well-known electronic retailer's site – though on one, the price is closer to £2,000. It is being offered for similar prices by smaller stores and auction sites.

Surging demand has also meant that many stores have sold out of the best-performing cards.

In response to the high demand, Nvidia has asked firms that sell its hardware to try to vet buyers so cards end up in the hands of gamers rather than crypto-coin enthusiasts, German tech news Codebase.de has reported.

"For Nvidia, gamers come first," said a statement given to the news site.

As well as issuing these instructions Nvidia has put a limit on the number of video cards people can buy from its store.

Retailers Scan, Overclockers and Ebuyer have followed suit and, for many Nvidia and AMD cards, will only let people buy one at a time.

"The crypto-currency boom has had a dramatic effect on the cost and supply of some PC gaming graphics cards," said Ben Hardwidge, editor of magazine Custom PC, which gives advice on building computers from scratch and upgrading hardware.

"The retailers I've spoken to about this issue describe it as unprecedented," Mr Hardwidge told the BBC. "It's usually not individuals buying up the cards, but organised firms buying bulk loads of cards to set up a graphics processing farm."

He said the effect had been seen across many different cards, and rising prices across the board meant relatively low-powered components now commanded premium prices.

Really powerful cards tended to use a lot of power, he said, which might mean less room for the profits miners hope to make as they mint and trade coins.

"It's often the mid-range graphics cards that offer the best bang-per-buck for currency mining," he said. "That's where we've really seen the effects of the crypto-currency boom hit the hardest."

Original Article

BBC

Related posts

What Are the Pros and Cons of Sperm Freezing Technology?

What Are the Pros and Cons of Sperm Freezing Technology?

September 8, 2023
How Tech Partnerships Can Keep the E-Commerce Boom Going?

How Tech Partnerships Can Keep the E-Commerce Boom Going?

September 8, 2023

Booming interest in crypto-currencies has been blamed for pushing up the prices of graphics cards.

The cards are popular because they speed up the process of minting or "mining" crypto-coins.

Keen miners are buying graphics cards in large quantities and running them in parallel to boost their coin-producing efforts.

Their actions have led some makers and sellers of graphics cards to limit how many people can buy at any time.

Writing on PC Gamer, Jarred Walton said: "Right now is the worst time in the history of graphics cards to buy or upgrade this all-important gaming component."

Gamers only

Many websites that cover the PC and computer component industry are reporting that top-end video cards are selling for far more than the price seen on a manufacturer's site.

For instance, Nvidia's GTX 1080 Ti is priced at £679 on the firm's store but the same card costs more than £900 on almost every well-known electronic retailer's site – though on one, the price is closer to £2,000. It is being offered for similar prices by smaller stores and auction sites.

Surging demand has also meant that many stores have sold out of the best-performing cards.

In response to the high demand, Nvidia has asked firms that sell its hardware to try to vet buyers so cards end up in the hands of gamers rather than crypto-coin enthusiasts, German tech news Codebase.de has reported.

"For Nvidia, gamers come first," said a statement given to the news site.

As well as issuing these instructions Nvidia has put a limit on the number of video cards people can buy from its store.

Retailers Scan, Overclockers and Ebuyer have followed suit and, for many Nvidia and AMD cards, will only let people buy one at a time.

"The crypto-currency boom has had a dramatic effect on the cost and supply of some PC gaming graphics cards," said Ben Hardwidge, editor of magazine Custom PC, which gives advice on building computers from scratch and upgrading hardware.

"The retailers I've spoken to about this issue describe it as unprecedented," Mr Hardwidge told the BBC. "It's usually not individuals buying up the cards, but organised firms buying bulk loads of cards to set up a graphics processing farm."

He said the effect had been seen across many different cards, and rising prices across the board meant relatively low-powered components now commanded premium prices.

Really powerful cards tended to use a lot of power, he said, which might mean less room for the profits miners hope to make as they mint and trade coins.

"It's often the mid-range graphics cards that offer the best bang-per-buck for currency mining," he said. "That's where we've really seen the effects of the crypto-currency boom hit the hardest."

Original Article

BBC

Previous Post

Elon Musk’s Boring Company presents LA tunnel plan

Next Post

Facebook invents new unit of time called a flick

Next Post
Facebook invents new unit of time called a flick

Facebook invents new unit of time called a flick

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

South African diplomat slams Trump tweet as ‘right-wing ideology’

South African diplomat slams Trump tweet as ‘right-wing ideology’

7 years ago
Zambia’s northwest is home to one of the most remote safaris in the world

Zambia’s northwest is home to one of the most remote safaris in the world

7 years ago
Son claims Maltese journalist ‘assassinated’

Son claims Maltese journalist ‘assassinated’

8 years ago
Sierra Leone’s losing candidate to challenge presidential results

Sierra Leone’s losing candidate to challenge presidential results

7 years ago

FOLLOW US

  • 139 Followers
  • 87.2k Followers
  • 202k Subscribers

BROWSE BY CATEGORIES

  • 1xbet Casino Russia
  • 1xbet Russian Top
  • Africa
  • Asia
  • Europe
  • Health
  • latest news
  • Latin America
  • Life Style
  • Mail Order Brides
  • Mostbet
  • Online dating
  • onlyfans
  • Pin Up
  • Pin Up Russia
  • Science
  • Sports
  • Tech
  • Uncategorized
  • USA

BROWSE BY TOPICS

2018 League Bali United Beijing BlackBerry Brazil Broja Budget Travel Bundesliga California Champions League Chelsea China Chopper Bike Coronavirus COVID COVID-19 Crime Doctor Terawan EU France French German Istana Negara Italy Kazakhstan Market Stories Mexico National Exam Nigeria Omicron Pakistan Police protests Qatar Ronaldo Russia Smart Voting Sweden TikTok Trump UK Ukraine US vaccine Visit Bali
No Result
View All Result

Recent Posts

  • OnlyFans Platform Analysis
  • How to Day German Fashion
  • Southeast Continental Capabilities
  • What is a Mail Order Wife?
  • What to Discuss on a First Date?

Categories

  • 1xbet Casino Russia
  • 1xbet Russian Top
  • Africa
  • Asia
  • Europe
  • Health
  • latest news
  • Latin America
  • Life Style
  • Mail Order Brides
  • Mostbet
  • Online dating
  • onlyfans
  • Pin Up
  • Pin Up Russia
  • Science
  • Sports
  • Tech
  • Uncategorized
  • USA

Tags

2018 League Bali United Beijing BlackBerry Brazil Broja Budget Travel Bundesliga California Champions League Chelsea China Chopper Bike Coronavirus COVID COVID-19 Crime Doctor Terawan EU France French German Istana Negara Italy Kazakhstan Market Stories Mexico National Exam Nigeria Omicron Pakistan Police protests Qatar Ronaldo Russia Smart Voting Sweden TikTok Trump UK Ukraine US vaccine Visit Bali
Federal Government focuses on “integrated security”
latest news

Federal Government focuses on “integrated security”

by The Editor
June 14, 2023
0

Berlin (dpa) – The Federal Government is responding to the challenges of an increasingly unstable world order by means of a “policy...

Read more

Recent News

  • OnlyFans Platform Analysis
  • How to Day German Fashion
  • Southeast Continental Capabilities

Category

  • 1xbet Casino Russia
  • 1xbet Russian Top
  • Africa
  • Asia
  • Europe
  • Health
  • latest news
  • Latin America
  • Life Style
  • Mail Order Brides
  • Mostbet
  • Online dating
  • onlyfans
  • Pin Up
  • Pin Up Russia
  • Science
  • Sports
  • Tech
  • Uncategorized
  • USA

Recent News

OnlyFans Platform Analysis

June 12, 2024

How to Day German Fashion

May 5, 2024
  • About
  • Advertise
  • Careers
  • Contact

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Sports
  • USA
  • Asia
  • Health
  • Life Style
  • Tech
  • Science
  • Latin America
  • Africa
  • Europe

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.