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Nvidia expects its RTX 3000 GPU stock to struggle until 2023
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700,000 graphics cards that shipped in the first quarter went to cryptominers
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May 27, 2021
In the niche world of customers for high-end semiconductors, a bitter feud is pitting bitcoin miners against hardcore gamers. At issue is the latest line of NVIDIA graphics cards powerful, cutting-edge chips with the computational might to display the most advanced video game graphics on the market.
Gamers want the chips so they can experience ultra-realistic lighting effects in their favorite games. But they can’t get their hands on NVIDIA cards, because miners are buying them up and adapting them to crunch cryptographic codes and harvest digital currency. The fierce competition to buy chips combined with a global semiconductor shortage has driven resale prices up as much as 300%, and led hundreds of thousands of desperate consumers to sign up for daily raffles for the right to buy chips at a significant mark-up.
NVIDIA RTX 3090 - GA102-300-A1 -> GA102-302-A1
NVIDIA RTX 3080 - GA102-200-A1 -> GA102-202-A1
NVIDIA RTX 3070 - GA104-300-A1 -> GA104-302-A1
NVIDIA RTX 3060 Ti - GA104-200-A1 -> GA104-202-A1
NVIDIA RTX 3060 - GA106-300-A1 -> GA106-302-A1
The NVIDIA GeForce RTX 3080 standard variants were able to deliver up to 100-110 MH/s in ETH while the RTX 3070 nets you around 55-60 MH/s in ETH. But with half hash rate, you can expect an RTX 3080 to end up around a 3070 deliver less than 50 MH/s & the 3070 to fall below 30 MH/s, as reported by GALAX itself. This would mean that cryptocurrency miners will have to look for other more profitable graphics chips such as the CMP (Cryptocurrency Mining Processor) lineup from NVIDIA.
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