Home » today » Technology » Cryptocurrencies would be the cause of the shortage of Nvidia and AMD GPUs, again – Nerd4.life

Cryptocurrencies would be the cause of the shortage of Nvidia and AMD GPUs, again – Nerd4.life

While the early models of the RTX 3000 and Radeon RX 6000 have already been on the market for some time, it’s still hard to find the new models in stores, except at inflated prices on eBay or other similar retailers. This shortage of GPU from AMD and Nvidia would be related to boom in cryptocurrencies, which again made it very convenient to “mine” these virtual currencies.

In fact, in recent months, the price of Bitcoin, the best known and most valuable currency, but also of other crypto such as Ethereum, has skyrocketed. Such increases have prompted many to invest several money on ad hoc PCs designed for “minare” cryptovalute. A GeForce RTX 3090, in fact, repays the investment of 1500 dollars made for its purchase in 5 months, after which it guarantees, according to the calculations of WFCCTech, a profit of 10 dollars a day. Electricity included.

The Radeon RX 5700s cost 349 and allow you to earn $ 4.40 net per day. One thing that makes them, even if slightly, theinvestment that pays for itself faster: 79 days are enough to start earning from their purchase. Following are the RTX 3060 Tu which repay the $ 399 necessary for the purchase in 80 days. After that, however, they allow you to pocket $ 5 net every 24 hours.

These calculations are possible considering that at the moment a Bitcoin costs more than 38 thousand dollars, almost four times more than at the beginning of October, when it was around 10k. Less spectacular, but equally valid was the growth of Ethereum. At the beginning of 2020 it cost around 200 dollars, compared to 1200 now.

This way everyone I want to try keep the wolf from the door they will continue to invest and update their PC configurations, leaving gamers with only leftovers and causing prices in parallel markets to skyrocket.

This situation will continue until AMD and Nvidia dramatically increase their production or the cryptocurrency boom will subside again, making it much cheaper to invest in this market.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.