TL; DR: The scenario with the RTX 3000 graphics cards is alarming. Nvidia is pondering a strategy that might deal with the latter problem: Ampere-based cryptomining cards.

Fears that RTX 3000 shortages are set to become even worse showed up a few weeks ago when Bitcoin struck $40,000 Compounding the problems is the 25 percent tax on graphics cards imported from China– mobos and GPUs had actually been given exemption from import taxes in September, but that ended without renewal at the end of last year. The scenario has led to EVGA, Zotac, and Asus raising their card prices.

While gamers appreciate the RTX 3000 line’s ability to offer excellent performance at a lower rate, it also makes them attracting those developing mining rigs. It’s a situation we have actually seen before: back in 2017, soaring crypto worths saw graphics card costs go through the roof as demand far surpassed supply.

Nevertheless, Nvidia might have a strategy up its sleeve. Speaking at the 19 th Yearly J.P. Morgan Tech/Auto Forum Conference (via SeekingAlpha), Colette Kress, the company’s primary financial officer, said: “If crypto demand begins or if we see a meaningful quantity, we can also utilize that chance to restart the CMP product line to attend to ongoing mining need.”

The P106-100 6G mining card

CMP is a referral to Nvidia’s mining-specific GPUs that lack display screen outputs, which are unneeded for mining. Presenting them might assist get more RTX 3000 items to gamers, but Nvidia states it requires to see proof of need from miners.

” We do not have visibility on just how much of the GeForce RTX 30- series end demand comes from mining,” said Kress. “So, we don’t think it’s a big part of our company today. Video gaming demand is extremely strong, and we think that’s bigger than our current supply.”

We’ve already seen one crypto rig (above) including a huge 78 RTX 3080 cards (through Techarp). Presuming the owner paid $1,199 for each one, the rig would have cost $93,522, however will have paid for itself in around 9 – 10 months.

AMD anticipates more of its cards to arrive on the business’s website this quarter for their MSRP. Nvidia, meanwhile, alerts that supply will be “lean” till April.


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