[Chip shortage] Are we going to see an elongated demand in mining gear?

FP91G

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Quote from: Bitcoin_Arena on August 28, 2021, 06:44:30 PM

I recently watched news where Toyota plans to cut their car production due to the chip crisis Chip shortage: Toyota to cut global production by 40% - BBC

The effect is starting to take a bite on automobile companies too, and the Intel chief warned of two-year chip shortage.

Quote

Mr Gelsinger predicts the shortage will get worse in the "second half of this year" and it will be "a year or two" before supplies return to normal.

The disruption, caused by huge demand for devices, the pandemic, and poor relations between the US and China, has created "a very large gulf", he says.

Now, since the manufacturers of mining gears also use the same semiconductors, what do you think about the future of mining through a possible bear market with graphic card prices that might still remain high due to production shortages?

In a few years, you can launch any production and solve the shortage problem.
Many devices do not require the most advanced -5nm chips. Most systems use chips with technology over 100 nm.
I read that Bitmain has already taken prepayments from partners for the next year.

arielbit

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i'm gonnaaaaaaa repeat this again.

if "YOU THINK/CALCULATED" you can ROI your GPU purchase. then grab some.

ROI = price doesn't matter Wink

anu1908

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a report already comes out saying that the price of gpu is increasing again. i think sooner or later it will reach an equilibrium, and then increase again when next gen graphic cards is launched. not really a good thing for buyers but that's how the market works i guess.

flip4flop

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It seems like we should be suffering from this chip shortage across almost every industry so that should keep prices high with GPUs and ASICs when it comes to crypto mining. Bitmain already stated that the chip makers have raised prices by 20% for their wafers going into the next quarter which will just continue to raise the price of ASICs that are sold out through Q3. How the price of crypto reacts could be unrelated but there is no doubt that the equipment itself is going to be hard to come by which should at least keep the resale value higher.

swogerino

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Quote

The chip shortage will not allow a true bear market.

So let us hope for a 2 year chip shortage. It will chase the bears away.

A really big Amen to that.If in two years we manage to have this kind of situation,then the 100.000 dollars a Bitcoin will happen within 2021 and I don't know how much more will increase Bitcoin in value in 2022.I am looking hard to add more GPU-s to increase my hash rate and the prices are really skyrocket right now for the new generation of cards because of this chip shortage and Nvidia adding LHR to their new generation of cards.I am waiting patiently to grab a couple of Rtx 3070 or Rtx 3080 non LHR and if I don't find such cards at a good price until early October I am going all in on the Gtx 1080 ti-s.

popeye95

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Quote from: fmz89 on August 29, 2021, 12:07:12 AM

Quote from: Bitcoin_Arena on August 28, 2021, 06:44:30 PM

I recently watched news where Toyota plans to cut their car production due to the chip crisis Chip shortage: Toyota to cut global production by 40% - BBC

The effect is starting to take a bite on automobile companies too, and the Intel chief warned of two-year chip shortage.

Quote

Mr Gelsinger predicts the shortage will get worse in the "second half of this year" and it will be "a year or two" before supplies return to normal.

The disruption, caused by huge demand for devices, the pandemic, and poor relations between the US and China, has created "a very large gulf", he says.

Now, since the manufacturers of mining gears also use the same semiconductors, what do you think about the future of mining through a possible bear market with graphic card prices that might still remain high due to production shortages?

tsmc already said the production booked till 2023, assuming radeon & nvida already got their part, and many gamer want their gpus very badly after next gen console hardly to find either

gpu price will be 2x msrp at minimum, and most likely continue to climb along crypto bull run

Talking about consoles, they're even tried to cheap out other components like heatsink to save the profit margin from eating up by chip shortage affected their GPUs order for console. Thing looks grim day by day. Last year, I saw news about new wafer line being setup and I thought we could reduce this shortage before the start of 2022, not making it worse.
On the other side, network hash becomes higher as well as GPU price so ROI right now is very long for new miner. That at least slows down the thirst of GPU for mining a little bit.

fmz89

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Quote from: Bitcoin_Arena on August 28, 2021, 06:44:30 PM

I recently watched news where Toyota plans to cut their car production due to the chip crisis Chip shortage: Toyota to cut global production by 40% - BBC

The effect is starting to take a bite on automobile companies too, and the Intel chief warned of two-year chip shortage.

Quote

Mr Gelsinger predicts the shortage will get worse in the "second half of this year" and it will be "a year or two" before supplies return to normal.

The disruption, caused by huge demand for devices, the pandemic, and poor relations between the US and China, has created "a very large gulf", he says.

Now, since the manufacturers of mining gears also use the same semiconductors, what do you think about the future of mining through a possible bear market with graphic card prices that might still remain high due to production shortages?

tsmc already said the production booked till 2023, assuming radeon & nvida already got their part, and many gamer want their gpus very badly after next gen console hardly to find either

gpu price will be 2x msrp at minimum, and most likely continue to climb along crypto bull run

adaseb

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Who knows what will happen in a year or two. The ETH hashrate hit an ATH yesterday and who knows how much higher the hashrate can hit. I am starting to think that the days of mining ETH with GPU might be going away like it did for BTC... then LTC ... then Dash .... then ZEC .... etc

Seems that ASICs are getting more and more advanced for every generation and seems that its difficult for GPUs to keep up. Look at the new Antminer E9. Basically uses 2.5KW but hashes at over 3GH/s. So pretty much around 100 average GPUs per ASIC. It would of been one thing if GPUs were affordable like in the 2016 or 2014 days however they are extremely overpriced.

philipma1957

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Quote from: Bitcoin_Arena on August 28, 2021, 06:44:30 PM

I recently watched news where Toyota plans to cut their car production due to the chip crisis Chip shortage: Toyota to cut global production by 40% - BBC

The effect is starting to take a bite on automobile companies too, and the Intel chief warned of two-year chip shortage.

Quote

Mr Gelsinger predicts the shortage will get worse in the "second half of this year" and it will be "a year or two" before supplies return to normal.

The disruption, caused by huge demand for devices, the pandemic, and poor relations between the US and China, has created "a very large gulf", he says.

Now, since the manufacturers of mining gears also use the same semiconductors, what do you think about the future of mining through a possible bear market with graphic card prices that might still remain high due to production shortages?

The chip shortage will not allow a true bear market.

So let us hope for a 2 year chip shortage. It will chase the bears away.

Bitcoin_Arena

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฿itcoin for all, All for ฿itcoin.

I recently watched news where Toyota plans to cut their car production due to the chip crisis Chip shortage: Toyota to cut global production by 40% - BBC

The effect is starting to take a bite on automobile companies too, and the Intel chief warned of two-year chip shortage.

Quote

Mr Gelsinger predicts the shortage will get worse in the "second half of this year" and it will be "a year or two" before supplies return to normal.

The disruption, caused by huge demand for devices, the pandemic, and poor relations between the US and China, has created "a very large gulf", he says.

Now, since the manufacturers of mining gears also use the same semiconductors, what do you think about the future of mining through a possible bear market with graphic card prices that might still remain high due to production shortages?

Topic: [Chip shortage] Are we going to see an elongated demand in mining gear? (Read 191 times)