AMD and Nvidia won’t talk about crypto-currency mining… and that’s a worry for gamers

Asus Mining P106

After weeks of speculation, new AMD and Nvidia-based cards have been announced that are designed specifically to cater for the growing demands of cryptocurrency mining. What we don’t know, however, is what impact that will have on GPU availability for us gamers… and no-one is willing to talk about it.

These are tough times, but there are still GPUs to be had, so check out our guide to the best graphics cards available today.

You’ve probably noticed graphics cards are either rare as donkey eggs or more expensive than a night with Brian Blessed right now. That’s because new cryptocurrencies (think Bitcoin, only more likely to crash taking your money with them) have appeared which can be easily mined using modern, mainstream graphics cards. That’s led to a massive spike in demand for GPUs, which has seen stock, particularly of AMD cards, vanishing from the shelves of every retailer across the globe. In line with share prices soaring...

Essentially, the pro mining outfits are getting in early and ordering thousands of units, every month, direct from the board manufacturers. So stock simply isn’t getting distributed and we can't upgrade our graphics cards.

But Sapphire (AMD’s biggest GPU partner) and Asus have recently unveiled mining-specific graphics cards using both AMD and Nvidia GPUs. Sapphire have produced 4GB and 8GB versions of the RX 470 and Asus are releasing both a Mining RX 470 and a GTX 1060-a-like Mining P106 card. But my concern is the only people that are likely to benefit from the companies doing this are the board and GPU makers, not us gamers. Hell, not even miners will benefit as they’re still having to pay artificially inflated prices for the damned things.

Sapphire RX 470 Mining

I had hoped the advent of dedicated mining cards would funnel crypto-miners away from our gaming-focused GPUs, allowing stock to once more flourish on the shelves and prices to eventually stabilise. I’d hoped there’d be a glut of GPUs dropped into both gaming cards and mining cards to satisfy both parties demanding new graphics cards.

But, given the fact nobody is willing to talk about what impact these new dedicated mining cards are likely to have on the levels of graphics cards us gamers are actually able to buy, it’s starting to look like all you’ll find on the shelves for the foreseeable are these crypto-cards. 

That’s because the dedicated cards are cheaper to produce than the gaming variants as most of them don’t have any of those expensive video outputs added onto the board. And yet, because of the laws of supply and demand, the prices are higher than they were for the standard cards. Cheaper to make, and with a higher price… mmmm, lovely margins. 

It stands to reason, then, that the board manufacturers are prioritising these mining cards over gaming versions – it’s essentially free money.

ASRock Ultimate Mining machine

We’ve reached out to AMD and Nvidia and they both refused to comment, saying they’re not talking about cryptocurrency mining, and we’re still waiting to hear back from Sapphire, but my hopes aren’t high.

Asus have assured us they will still be prioritising the gaming market. We asked if they would be pushing more standard cards into the market to fill the empty shelves and their response was:

“We would still focus on gaming market and keep supplying gaming cards to market,” a representative of Asus says. “Even some time when the chipset supply is limited, gaming cards will still be our 1st priority.”

To be honest, that would be more reassuring if we actually had some visibility on when gaming cards would start to appear in the market, but at least Asus have been willing to say something about the current situation.

Asus Mining RX 470

So what does that mean for us normal folk looking to upgrade our graphics cards? Well, it means we’ve got to hope that when GPU stock does start trickling through more etailers, like Scan, they'll start to limit the number of cards folk can buy at once. Mostly because there are going to be fewer actual gaming cards being created. That’ll help a little in retail, but it’s not going to stop the crypto-vultures circling the distributors and board partners and cutting supply off at the source.

In short, we’ve got to hope the cryptocurrency bubble bursts again soon. Then we can all bask in the comforting schadenfreude of the ‘I lost my house, wife, pickup truck and gerbil farm in the Ethereum crash’ stories. And then pick up a bunch of mainstream GPUs on the cheap from eBay.

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Anakhoresis avatarDave James avatargaby_64 avatar
Anakhoresis Avatar
608
5 Months ago

I'm curious what kind of volume numbers they're actually putting out though, for AMD at least. Vega is on the horizon, and the 5xx series is clearly a stopgap, so why bother having a ton when you know the real player is coming soon?

1
Dave James Avatar
460
5 Months ago

While you're right Vega will be here soon it's still only going to be as a high-end card initially. Mainstream reworkings of the Vega architecture are unlikely to surface for a good while yet.

The 500-series/Polaris cards then are still going to have to cover the lower-end of the market.

But that in itself makes it really interesting what kind of volume numbers they're putting out! :)

2
gaby_64 Avatar
1
5 Months ago

Unfortunately for you, its not crypto-currency that will crash, its your poor excuse for money fiat currency that will.

Your betting on horse mail delivery of letters.

1