3 million GPUS were sold to Cryptominers in 2017 but PC gaming still the main source

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NoodleFighter

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#1  Edited By NoodleFighter
Member since 2011 • 11897 Posts

The crypto miner market for GPU hardware is worth about $776 million and surprisingly AMD GPUs were the most sold. Good news for AMD even though I hate how the crypto craze raised prices, AMD has been lagging behind in GPU sales and Nvidia has been sitting on their butts from the lack of competition. Maybe the extra income AMD has coming in will help them get it together with their next line up of GPUs. They've finally bounced back in the CPU market with Ryzen being a great bang for the buck and security flaws being exposed in Intel CPUs with fixes that slowed them down.

Even though crypto miners caused a shortage in GPUs they aren't the majority of GPU sales which may explain why Nvidia and AMD haven't increased production. If this bubble were to crash AMD and Nvidia would have a surplus of GPUs that would go to waste and a bunch of used cheaper GPUs on the market people would turn to.

The article source is here

Here is a snippet of the charts

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Pedro

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#2 Pedro
Member since 2002 • 73978 Posts

Sucks for PC gamers.

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DaVillain

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#3 DaVillain  Moderator  Online
Member since 2014 • 58719 Posts

This makes you wonder when Nvidia announces GTX 2080/2070 later this year, they better start mass production for both Miners & PC gamers since PC gaming is the fundamental of gaming highest framerates.

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UssjTrunks

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#5  Edited By UssjTrunks
Member since 2005 • 11299 Posts

There is no way to know what purpose a GPU was bought for.

And AMD sold better than Nvidia because AMD cards are the gold standard for mining. Mining is the only reason their sales aren't in the gutter because AMD GPUs cannot compare to Nvidia for gaming. I'm not saying that as an Nvidia fanboy either (I'd much rather have an AMD GPU to use with my freesync display), AMD cards are just a full generation behind Nvidia.

AMD CPUs on the other hand are fantastic and completely blow away Intel in price-to-performance ratio.

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jorzorz

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#6  Edited By jorzorz
Member since 2017 • 114 Posts

pc gaming here in japan is crazy expensive looks like i gotta give it up.

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Pedro

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#7 Pedro
Member since 2002 • 73978 Posts

@UssjTrunks said:

There is no way to know what purpose a GPU was bought for.

And AMD sold better than Nvidia because AMD cards are the gold standard for mining. Mining is the only reason their sales aren't in the gutter because AMD GPUs cannot compare to Nvidia for gaming. I'm not saying that as an Nvidia fanboy either (I'd much rather have an AMD GPU to use with my freesync display), AMD cards are just a full generation behind Nvidia.

AMD CPUs on the other hand are fantastic and completely blow away Intel in price-to-performance ratio.

LOL at AMD cards cannot compare to Nvidia but you are not a fanboy. LMAO. People on this forum are precious.

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#8  Edited By jdc6305
Member since 2005 • 5058 Posts

I can't wait for the crypto market to implode. I have everything for my pc except a gpu right now. I'm not paying the over inflated prices. I need two 1080ti's and the mark up is $500 above suggested retail. It's pissing me off.

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deactivated-63d2876fd4204

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#9  Edited By deactivated-63d2876fd4204
Member since 2016 • 9129 Posts

@Pedro: AMD launched the Vega 56 and 64 over a year after Nvidias cards and still couldn’t beat their competitors. Why do you think Nvidia is just sitting on their ass right now? They don’t have to launch anything new because they are still on top.

CPUs on the other hand have been great. Ryzen may not beat i5’s or i7’s in gaming benchmarks, but their cost and productivity value is insane. I’ve built 4 PCs since Ryzen launched, and I went AMD every time for the CPU.

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#10 pyro1245
Member since 2003 • 9525 Posts

Wow that's...less that I would have expected.

@Pedro said:

Sucks for PC gamers.

Or rather sucks for the would-be PC gamers.

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commander

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#11 commander
Member since 2010 • 16217 Posts

@jdc6305 said:

I can't wait for the crypto market to implode. I have everything for my pc except a gpu right now. I'm not paying the over inflated prices. I need two 1080ti's and the mark up is $500 above suggested retail. It's pissing me off.

is the 1080 ti affected in your country. The 1080 ti didn't suffer too much from the inflationover here (belgium), the 1060, 1070, 1070 ti and everything amd is madness though.

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#12  Edited By UssjTrunks
Member since 2005 • 11299 Posts

@Pedro said:
@UssjTrunks said:

There is no way to know what purpose a GPU was bought for.

And AMD sold better than Nvidia because AMD cards are the gold standard for mining. Mining is the only reason their sales aren't in the gutter because AMD GPUs cannot compare to Nvidia for gaming. I'm not saying that as an Nvidia fanboy either (I'd much rather have an AMD GPU to use with my freesync display), AMD cards are just a full generation behind Nvidia.

AMD CPUs on the other hand are fantastic and completely blow away Intel in price-to-performance ratio.

LOL at AMD cards cannot compare to Nvidia but you are not a fanboy. LMAO. People on this forum are precious.

They launched Vega 56 and 64 at the end of 2017 to compete with Nvidia's GTX 1070 and 1080 (and they still fall short). Until then, their strongest card was the 580, which is equivalent to a 1060. They're a full generation behind Nvidia.

Ayone who is a fanboy of a specific hardware manufacturer (like you since Xbox uses AMD) is an idiot. You always go for the best cost-to-performnce ratio, and AMD GPUs are awful value right now.

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#13  Edited By UssjTrunks
Member since 2005 • 11299 Posts

@commander said:
@jdc6305 said:

I can't wait for the crypto market to implode. I have everything for my pc except a gpu right now. I'm not paying the over inflated prices. I need two 1080ti's and the mark up is $500 above suggested retail. It's pissing me off.

is the 1080 ti affected in your country. The 1080 ti didn't suffer too much from the inflationover here (belgium), the 1060, 1070, 1070 ti and everything amd is madness though.

Cheapest 1080Ti not from Nvidia is $1300 here in Canada. It's definitely affected in North America. Canadian MSRP is supposed to be $890 at current exchange rate.

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#14 m3Boarder32
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@UssjTrunks said:
@Pedro said:
@UssjTrunks said:

There is no way to know what purpose a GPU was bought for.

And AMD sold better than Nvidia because AMD cards are the gold standard for mining. Mining is the only reason their sales aren't in the gutter because AMD GPUs cannot compare to Nvidia for gaming. I'm not saying that as an Nvidia fanboy either (I'd much rather have an AMD GPU to use with my freesync display), AMD cards are just a full generation behind Nvidia.

AMD CPUs on the other hand are fantastic and completely blow away Intel in price-to-performance ratio.

LOL at AMD cards cannot compare to Nvidia but you are not a fanboy. LMAO. People on this forum are precious.

They launched Vega 56 and 64 at the end of 2017 to compete with Nvidia's GTX 1070 and 1080 (and they still fall short). Until then, their strongest card was the 580, which is equivalent to a 1060. They're a full generation behind Nvidia.

Ayone who is a fanboy of a specific hardware manufacturer (like you since Xbox uses AMD) is an idiot. You always go for the best cost-to-performnce ratio, and AMD GPUs are awful value right now.

I don’t know about a ”full generation behind”

A R9 290 X at 1440p or 4k in newest games does well vs a 780 Ti.

And a R9 Fury X does well vs a 980 Ti.

Yeah benchmarks show that 1080 Ti is king in today’s games, but I wouldn’t be shocked if a Vega 64 made a comeback in future games and matches or surpassed 1080 Ti performance with the more texture heavy games

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#15 Paradocs
Member since 2015 • 264 Posts

@m3Boarder32 said:
@UssjTrunks said:
@Pedro said:
@UssjTrunks said:

There is no way to know what purpose a GPU was bought for.

And AMD sold better than Nvidia because AMD cards are the gold standard for mining. Mining is the only reason their sales aren't in the gutter because AMD GPUs cannot compare to Nvidia for gaming. I'm not saying that as an Nvidia fanboy either (I'd much rather have an AMD GPU to use with my freesync display), AMD cards are just a full generation behind Nvidia.

AMD CPUs on the other hand are fantastic and completely blow away Intel in price-to-performance ratio.

LOL at AMD cards cannot compare to Nvidia but you are not a fanboy. LMAO. People on this forum are precious.

They launched Vega 56 and 64 at the end of 2017 to compete with Nvidia's GTX 1070 and 1080 (and they still fall short). Until then, their strongest card was the 580, which is equivalent to a 1060. They're a full generation behind Nvidia.

Ayone who is a fanboy of a specific hardware manufacturer (like you since Xbox uses AMD) is an idiot. You always go for the best cost-to-performnce ratio, and AMD GPUs are awful value right now.

I don’t know about a ”full generation behind”

A R9 290 X at 1440p or 4k in newest games does well vs a 780 Ti.

And a R9 Fury X does well vs a 980 Ti.

Yeah benchmarks show that 1080 Ti is king in today’s games, but I wouldn’t be shocked if a Vega 64 made a comeback in future games and matches or surpassed 1080 Ti performance with the more texture heavy games

Maybe, but how would it do against the 2080? Which would explain the generation behind statement, even though I don't completely agree with that.

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PC_Rocks

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#16 PC_Rocks
Member since 2018 • 8611 Posts

Why did they even mention Intel? They don't even make discrete GPUs and integrated sucks for both mining and gaming.

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#17  Edited By Gatygun
Member since 2010 • 2709 Posts

Also how do you figure out what miners bought or not?

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#19 waahahah
Member since 2014 • 2462 Posts

@getyeryayasout said:

I can't help but wonder if the inflated costs of hardware due to the crypto craze might delay the launch of the next Xbox and Playstation.

No, it inflates AFTER the chip manufacturer sells the chips to vendors. The boards in consoles have nothing to do with the gpu manufacturers. Remember AMD/Nvidia don't actually release cards, they release chips with a reference design for card manufacturer's to copy.

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#20 waahahah
Member since 2014 • 2462 Posts

@UssjTrunks said:
@Pedro said:
@UssjTrunks said:

There is no way to know what purpose a GPU was bought for.

And AMD sold better than Nvidia because AMD cards are the gold standard for mining. Mining is the only reason their sales aren't in the gutter because AMD GPUs cannot compare to Nvidia for gaming. I'm not saying that as an Nvidia fanboy either (I'd much rather have an AMD GPU to use with my freesync display), AMD cards are just a full generation behind Nvidia.

AMD CPUs on the other hand are fantastic and completely blow away Intel in price-to-performance ratio.

LOL at AMD cards cannot compare to Nvidia but you are not a fanboy. LMAO. People on this forum are precious.

They launched Vega 56 and 64 at the end of 2017 to compete with Nvidia's GTX 1070 and 1080 (and they still fall short). Until then, their strongest card was the 580, which is equivalent to a 1060. They're a full generation behind Nvidia.

Ayone who is a fanboy of a specific hardware manufacturer (like you since Xbox uses AMD) is an idiot. You always go for the best cost-to-performnce ratio, and AMD GPUs are awful value right now.

the 56/64 sat between 1070/1080. From all the reviews I went through if you were in the market for a 1070 vs vega56 the vega was a better buy, If you wanted top of the line sparing no expense then a 1080 is what you wanted.

All cards cost vs performance are awful right now. No one should buy a card only for gaming.

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#21 Howmakewood  Online
Member since 2015 • 7839 Posts

vega56 is also more expensive to produce than 1080 and has to be sold for less after releasing more than a year later, that's the gap between amd and nvidia atm

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#23 UssjTrunks
Member since 2005 • 11299 Posts

@waahahah said:
@UssjTrunks said:
@Pedro said:
@UssjTrunks said:

There is no way to know what purpose a GPU was bought for.

And AMD sold better than Nvidia because AMD cards are the gold standard for mining. Mining is the only reason their sales aren't in the gutter because AMD GPUs cannot compare to Nvidia for gaming. I'm not saying that as an Nvidia fanboy either (I'd much rather have an AMD GPU to use with my freesync display), AMD cards are just a full generation behind Nvidia.

AMD CPUs on the other hand are fantastic and completely blow away Intel in price-to-performance ratio.

LOL at AMD cards cannot compare to Nvidia but you are not a fanboy. LMAO. People on this forum are precious.

They launched Vega 56 and 64 at the end of 2017 to compete with Nvidia's GTX 1070 and 1080 (and they still fall short). Until then, their strongest card was the 580, which is equivalent to a 1060. They're a full generation behind Nvidia.

Ayone who is a fanboy of a specific hardware manufacturer (like you since Xbox uses AMD) is an idiot. You always go for the best cost-to-performnce ratio, and AMD GPUs are awful value right now.

the 56/64 sat between 1070/1080. From all the reviews I went through if you were in the market for a 1070 vs vega56 the vega was a better buy, If you wanted top of the line sparing no expense then a 1080 is what you wanted.

All cards cost vs performance are awful right now. No one should buy a card only for gaming.

Except the 1070 and 1080 had already been out for over a year. And Nvidia immediately launched the 1070 Ti which outperformed the 56.

Also, both the Geforce store and EVGA sell Nvidia cards at MSRP while there is no AMD retailer that does the same thing.

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#24  Edited By R4gn4r0k
Member since 2004 • 49112 Posts

@Yams1980 said:

The miners have got 3 million gpus, sucking down 150-200 watts on gpus and another 50-100 for the mb/cpu 24/7. add up all that power usage, and for what? bunch of meaningless calculations for a currency which isn't insured or backed up by any government and fluctuates so much you'd be crazy to invest any significant amount into it.

Probably the biggest waste of resources in the modern age.

People think they are getting free money, that's all the sense for them that it is making.

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#25 waahahah
Member since 2014 • 2462 Posts

@UssjTrunks said:
@waahahah said:
@UssjTrunks said:
@Pedro said:
@UssjTrunks said:

There is no way to know what purpose a GPU was bought for.

And AMD sold better than Nvidia because AMD cards are the gold standard for mining. Mining is the only reason their sales aren't in the gutter because AMD GPUs cannot compare to Nvidia for gaming. I'm not saying that as an Nvidia fanboy either (I'd much rather have an AMD GPU to use with my freesync display), AMD cards are just a full generation behind Nvidia.

AMD CPUs on the other hand are fantastic and completely blow away Intel in price-to-performance ratio.

LOL at AMD cards cannot compare to Nvidia but you are not a fanboy. LMAO. People on this forum are precious.

They launched Vega 56 and 64 at the end of 2017 to compete with Nvidia's GTX 1070 and 1080 (and they still fall short). Until then, their strongest card was the 580, which is equivalent to a 1060. They're a full generation behind Nvidia.

Ayone who is a fanboy of a specific hardware manufacturer (like you since Xbox uses AMD) is an idiot. You always go for the best cost-to-performnce ratio, and AMD GPUs are awful value right now.

the 56/64 sat between 1070/1080. From all the reviews I went through if you were in the market for a 1070 vs vega56 the vega was a better buy, If you wanted top of the line sparing no expense then a 1080 is what you wanted.

All cards cost vs performance are awful right now. No one should buy a card only for gaming.

Except the 1070 and 1080 had already been out for over a year. And Nvidia immediately launched the 1070 Ti which outperformed the 56.

Also, both the Geforce store and EVGA sell Nvidia cards at MSRP while there is no AMD retailer that does the same thing.

It was never a slam dunk though for the 1070 ti, the 56 was considered a good alternative, especially the custom cards. And cost wise the reason why AMD's generally cost more is because they are better at bit coin mining, which face value makes them worse but its pretty easy to make up the difference with mining. Not any more it seems though, so likely prices will come down soon.