Why analyst says it will be “really stupid” to purchase a high-end mining graphics card

Spread the love

But are people going to listen?

We know that one reason it’s almost difficult to find a new graphics card right now is that miners are taking advantage of high crypto costs. However, according to Jon Peddie Research (JPR), buying a high-end mining card would be “really stupid.”

In JPR’s new PC industry survey, it states that “the pandemic has skewed both models and forecasts, much as the gold rush in Ethereum has distorted.”

The study shows that overall GPU exports increased by more than 20 per cent in the fourth quarter of 2020, rising by 12.4 per cent year-over-year.

It is important to remember that the numbers provide integrated graphics, which is why Intel has a market share of 69%. AMD’s QoQ sales rose by 6.4 per cent, giving it a 17 per cent share, while Nvidia declined by 7.3 per cent, reducing its share to 15 per cent.

It’s a different matter when you just look at the dedicated graphics cards. The demand declined by 3.9 per cent from the last year, with Nvidia taking an 82% stake, dwarfing AMD’s 18 per cent share. JPR says the fourth quarter is usually flat relative to Q3, so this is common.

RECOMMENDED READ:  Research: Three Criminal Apps You Need To Keep Your Crypto Away From


The pandemic has been highlighted as a driver behind the demand for AIB cards over the last two quarters, but crypto mining has also played a role. The market research company has a serious message to miners who have a strong graphics card.

“The power demand of AIBs significantly reduces the payoff for crypto-mining. Ethereum, the best-suited GPU coin, would quickly fork to version 2.0, leaving GPUs obsolete. A individual would be quite reckless to invest in a high-end, powerful AIB for crypto-mining today,” JPR writes.

The study forecasts that GPU shipments will rise by 21 per cent over the next five years, while semiconductor vendors are on track for the next quarter. Let’s hope supply continues to improve soon.


 338 Interactions,  4 today

Celsians are being attacked by phishing attacks as a result of an email server leak.

After a third-party email delivery server was hacked by hackers, Celsius customers were targeted with fake SMS and email messages. Read more

iPhones in 2022 are expected to have a 48-megapixel sensor, 8K video capture, and no “mini” standard.

According to Apple's latest book, bigger is stronger. The iPhone 13 is only months out, but we're already getting ideas Read more

RECOMMENDED READ:  Patterns and Shifts: The Year Future for Blockchain Technology, Cryptocurrency and Decentralized Finance
Consumer ‘s top four concerns about Signal’s latest crypto payments beta have been published.

Signal has released user reviews from its beta integration with Mobilecoin, in which users expressed concerns about MOB instability and Read more

Lockheed Martin uses blockchain to handle Swiss supply chain management.

To better handle OEMs in Switzerland, the defence contractor has gained access to SyncFab's supplier information portal. Lockheed Martin, a Read more

Nvidia increases the revenue outlook for crypto mining GPU revenues by threefold.

The California chipmaker says its fiscal year 2022 first-quarter financials are on target to outperform expectations, with demand for crypto Read more

A new Android feature would warn users to refrain from using their phones while walking.

Have your head held high. Are you one of those people who, when walking along, becomes so engrossed in their Read more

VW teases a bigger ID.6 electric SUV ahead of its debut at the Geneva Motor Show.

Expect a finished version of the ID.Roomzz definition. VW has another batch of electric cars in the works, and it Read more

Despite chip shortages, PC shipments rose by 55% in Q1.

Apple continues to be the largest winner, with progress more than doubling in the first quarter of 2021. The global Read more

Apple claims that iMessage on Android would ‘hurt its business more than benefit it

Epic contends that Apple binds users to its environment and does not let them leave quickly. Apple's programmes deliberately trap Read more

Decode messages embedded in Nvidia’s GTC keynote to win an RTX 3090.

Which is more difficult: finding a GPU in stock or deciphering Morse code? Nvidia has announced a treasure hunt, with Read more

Firefox will cease to support Amazon Fire TV and Echo Show systems in few days.

The browser's support will be discontinued on April 30th. Starting on April 30th, Mozilla will discontinue Firefox support for the Read more

Leave a Reply

Contact Us