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

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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.

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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.

 

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