AMD GPU SHORTAGE SOLVED BY NEW NVIDIA GPUS FOR MINING

If you are assembling a mining rig these days, you will probably agree that it became hard to find GPU’s for mining. AMD seems to have issues to fulfill the growing demand on their RX 4xx and 5xx cards, while the demand keeps growing. The demand on mining GPUs was caused by the recent boom of Ethereum mining profitability.

Besides that, there are rumors that the shortage of GPUs is caused by AMD inner issues. Others speculate that AMD is getting ready to release their new-gen GPUs and therefore are cutting on the production of the actual ones. They did something similar when releasing the new RX 570 and RX 580 cards.

However, one thing is certain – AMD won’t be replenishing the shelves anytime soon. If you can get your hands on a set of RX 4xx or 5xx, then it might be a good idea to do that. Those are still on sale, though most merchants raised the price tag considerably because of the high demand on the cards.

Nvidia Saves the Day

However, there is some good new for those of us who are looking to assemble a new mining rig. According to several trusted sources, Nvidia is about to release a new kind of GPUs that is meant for mining.

If all goes as planned, Nvidia will release the new GP106-100 GPU the June 23rd.

Why Nvidia, though?

Many users want to be optimistic about the new GPU series, but they are not sure whether they can trust Nvidia. The reason is simple – Nvidia GPUs are great for gaming, but they’re not a great ROI for mining. Their GDDR5X memory is faster and has wider bandwidth, but it also features less aggressive timing which makes Nvidia last-gen cards perform poorly with Ethereum, compared to their AMD counterparts.

However, this issue is due to the fact that Nvidia never aimed to serve the mining community. Now that AMD experiences production issues, Nvidia is releasing a GPU in attempt to satisfy the growing need in cards for Ethereum mining.