$ 776 million for video cards | Bitcointalksearch.org

ManaMan

member

Activity: 238

Merit: 38

Quote from: bigdogdan2 on March 01, 2018, 04:13:54 PM

normal gamers can't even find video cards for themselves. Its getting crazy out there with mining.

You got the point there, in my country it is hard to find good graphics easily - I do think this is the case with other countries as well. Another use case is AI and deep learning but still main reason for buying graphics cards is mining of course. Whenever bitcoin reaches the new ATHs more people get an idea to start mining.

To be fairly honest 776million $ is not some huge number where I think bitmain alone made around 2billion!

photo123

newbie

Activity: 198

Merit: 0

Quote from: Nikola282828 on March 01, 2018, 02:41:52 AM

For 2017 crypto currency miners bought 3 million graphics cards in the amount of $776 million

According to market research company Jon Peddie Research (JPR) in the past year, manners was purchased 3 million graphics processing units (GPUs) in the amount of approximately $776 million, the Main beneficiary of these sales was the company AMD.

At the same time, JPR President John peddy (Jon Peddie) emphasizes that gamers remain the main market for GPU manufacturers.

can't believe the numbers i mean how bad is this for the environment need another alternative Huh

xda-developer

full member

Activity: 392

Merit: 100

This is the best and most safe way to earn money. As in times of gold rush - the most rich were producers of spades and wheelbarrows. I will not surprised if video card producers have supported interest to cryptocurrency.

crimsongoth

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Activity: 588

Merit: 18

It's a figure that's even beyond the predictions. The game market will hit the spot as the gamers can't find graphics cards. The miners loosened one's purse strings to get a large share of the resulting cake.

FaucetKING

sr. member

Activity: 1246

Merit: 306

C U

Thanks for the informations provided mate! It's really a huge number of GPU's and a real big money invested in Graphics cards by miners! These devices will use a lot of power!
That's the bad part of crypto, we should look for a solution!

cryptonero

member

Activity: 210

Merit: 12

Quote from: mazdafunsun on March 01, 2018, 04:10:09 PM

these numbers look incorrect. Nvidia alone in 2016 sold GPUs for more than 1 billion dollars. ut mining boomed only last year. and average price would be 258$, but you know how expensive GPUs are now.

Yeah Nvidia has sold a lot more than AMDs,GPU was designed for qualit gaming but the cryptocurrencies has dominated the gaming industry,that is why most of the GPUs today arent that cheap than before,a lot of people are buying bulks of GPUs for their mining rig like in my country the demand is very high because a lot of people are joining our community.

bigdogdan2

full member

Activity: 252

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normal gamers can't even find video cards for themselves. Its getting crazy out there with mining.

mazdafunsun

full member

Activity: 490

Merit: 123

these numbers look incorrect. Nvidia alone in 2016 sold GPUs for more than 1 billion dollars. ut mining boomed only last year. and average price would be 258$, but you know how expensive GPUs are now.

Nikola282828

member

Activity: 219

Merit: 11

For 2017 crypto currency miners bought 3 million graphics cards in the amount of $776 million

According to market research company Jon Peddie Research (JPR) in the past year, manners was purchased 3 million graphics processing units (GPUs) in the amount of approximately $776 million, the Main beneficiary of these sales was the company AMD.

At the same time, JPR President John peddy (Jon Peddie) emphasizes that gamers remain the main market for GPU manufacturers.

Topic: $ 776 million for video cards (Read 135 times)