GPUs are used primarily to mine eth and other altcoins. Doge and Bitcoin are mined with ASICs.
While mining adds to the demand for GPUs, the primary reason GPU prices are through the roof is the global chip shortage affecting many industries and products including CPUs, gaming consoles, and even automotive.
GPUs are used primarily to “mine” for bitcoin.
Pisses me off because it’s driven prices of GPU’s through the roof, even ones that are more than 10 years old.
Wrong.
GPUs are used primarily to mine eth and other altcoins. Doge and Bitcoin are mined with ASICs.
While mining adds to the demand for GPUs, the primary reason GPU prices are through the roof is the global chip shortage affecting many industries and products including CPUs, gaming consoles, and even automotive.
Huh, this isn’t what I heard. But I don’t have my finger on the pulse so I would defer to others.
I’ve looked into the spike in GPU prices and the crypto currency mining was the best I could find as an explanation.
The global shortage doesn’t make sense because wouldn’t that affect processors as well? They haven’t increased in price nearly as much as GPUs have.
Good question. There's a shortage of GDDR memory, which GPUs use and processors don't