April 26, 2024

Shortage of video cards in 2021: miners bought up all GPUs

Shortage of video cards in 2021: miners bought up all GPUs

The domestic market is once again overwhelmed by a wave of video card shortages. At the same time, Nvidia representatives spoke withThe Verge stated that the current shortage is not related to cryptocurrency miners, even as cryptocurrency prices rise.

Nvidia representatives expect that the overstated demand for video cards will continue at least until the end of the first quarter of 2021.

Head of Computer EngineeringRussian AliExpress Maxim Sapunov claims that the lack of video cards in the local market has been persisting since October 2020. At the same time, in the IV quarter, sales of video cards on AliExpress Russia increased 4.5 times compared to the previous quarter, he noted.

Nvidia noted that the supply shortage of graphics cards will likely continue until April 2021. If demand from miners continues, the company will beginrelease of special video cards for miners without video outputin.

Video cards for mining are flying like hot cakes

According to employees of computer storestechnology, the demand for video cards reached 2017, when even the most productive models were not available for purchase. Video cards from both Nvidia and AMD have risen in price by an average of one and a half to two times.

According to the DNS store chain, in all of Moscow at the time of this writing, only four video cards with 8 GB of video memory are available for purchase, three with 16 GB and one with 24 GB.

Shortage of video cards in 2021: miners bought up all GPUs

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In Yandex.Market" the price of the MSI GeForce RTX 3080 video card jumped from ₽90,600 in November to ₽151,840 in January. The Telegram channel Goldfoundinshit TM, citing its own sources, reports that the shortage continues in China, including in the used device market:

"If something appears, then the price flies away from 14-16 thousand - this is China (If you take Irkutsk, it is 20% more expensive there)"[source punctuation retained].

At the same time, miners were again under attackregulators For example, Iranian authorities blamed cryptocurrency miners for the electricity shortage that plunged the country into a blackout. A similar situation is observed in Abkhazia, where they first banned, then legalized, and at the end of 2020, cryptocurrency mining was banned again.

Cloud mining &#8212; the best Bitcoin mining option for 2021

Cloud mining is a model of earningcryptocurrency, which creates groups (mining pools), with one goal: to generate more income, in comparison with conventional distributed mining, due to the management of equipment by a contractor who solves all issues related to technical and software components.

Cloud mining setup does not requirea productive computer or knowledge in the field of blockchain and cryptocurrencies in general. Setting up in this case consists in going through the standard registration procedure on the pool, depositing money (usually ordinary money or bitcoins) and choosing a tariff plan. Then the user specifies the address (personal wallet) where the mined cryptocurrency will be withdrawn.

Rating of TOP-5 cloud mining services (with actual estimates for January 2021):

Service Rating Detailed overview
IQ Mining (Editor's Choice!) 9.5 Read the review
ECOS 7.2 Read the review
YoBit VMining 6.5 Read the review
BitDeer 6.4 Read the review
HashFlare 6.3 Read the review

The criteria by which the score is given in our rating:

  • Profitability and profitability– we calculate the payback period, clarify the reality of mining.
  • Prices and commissions– we take into account the validity of tariff plans and compare them with competitors.
  • Deposit / withdrawal, discounts, reliability– we analyze reviews, test the correctness of accruals and withdrawals.
  • Convenience of the platform and site– we evaluate the functionality, errors and failures when working with the service.
  • Features of the company– unique services and useful services, period of work on the market.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Shortage of video cards in 2021: miners bought up all GPUs

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