Laptop processor producer AMD released a fresh graphics card (GPU) earlier this week, and within Five minutes the product wasgoed sold out on every major online marketplace. Supplies of the AMD Vega 56 were already expected to be taut due to manufacturing issues, but the near-immediate sellout left gamers seething at cryptocurrency miners for gobbling up the limited supply.
The cryptocurrency markets have seen an unprecedented bull run te 2018, and enlargening prices and media attention have caused request for mining hardware to soar. Some cryptocurrencies, like ethereum, are–at present–mined most effectively using GPUs. Because the process is so competitive, miners need the latest technology to remain profitable. Te the past, ethereum miners even resorted to leasing Boeing 747s to ship their processors so they could get a gam up te the hashpower wedren.
The present surge ter request has often left PC gamers incapable to obtain the latest GPUs without paying far overheen market value. And they are absolutely furious. The Vega 56, for example, is difficult to find for less than $100 overheen MSRP. Some retailers have attempted to give gamers access to the Vega 56 by creating hardware/software bundles that would not appeal to miners, but the end result is that gamers still pay more than they would like.
Raja Koduri, senior vice voorzitter and chief bouwmeester of the AMD Radeon Technologies Group, posted a Twitter thread weighing te on the controversy, stating that “we live ter interesting times”:
wij live te interesting times, where the gamer doesn`t want the miners to buy and miners don`t want the gamers to buy GPUs
To make matters worse for gamers, this is not an isolated event. Earlier this year, a request from ethereum miners caused AMD’s Radeon RX 580 and RX 570 GPUs to sell out at all major retailers.
Albeit AMD has publicly stated that the gaming market is their priority, the company has begun catering to the cryptocurrency mining industry, suggesting dedicated drivers for mining equipments and committing to developing stripped-down graphics cards for miners. Both AMD and Nvidia–the other major GPU producer–have seen their stock prices soar due to the cryptocurrency mining resurgence.
Unluckily for gamers, there does not emerge to be an end ter glance for this saga. Unless the crypto markets crash, manufacturers determine to ramp up production, or fresh technology makes GPU miners obsolete, the shortage will proceed for the near future.