RUMOURS of a new cryptocurrency mining chipset from NVIDIA have sparked renewed interest from bitcoin miners this week. But is the GPU giant about to drop a new crypto mining card?
The cards are expected to hit retail shelves on April 12, which further hints towards a new product line announcement at GTC 2018 between March 26 and 29.
The chips could power NVIDIA’s GTX 2080 and 2070, two GPUs powerful enough to mine for cryptocurrency.
WCCFTech writer Usman Pirzada speculated: “In any case, the Ampere based NVIDIA GeForce GTX 2070 and GTX 2080 graphics cards should certainly help revive some demand in the industry and will almost certainly run into severe shortage issues as miners pick up the initial batches.
“With most foundries now working at almost peak capacity to serve miners its interesting to see how the next saga of the gaming technology cycle pans out and how companies deal with the rights of the gamers that are being trodden upon by cryptocurrency miners.”
With cryptocurrency mining becoming an increasingly frustrating and intensive process, particularly for bitcoin, mining has taken a toll on PC gamers.
GPU shortages have plagued computer builders in recent months with component prices skyrocketing alongside the bitcoin boom.
The mining card rumours come after the company expressed its concern for the rising prices of GPUs, underling its core business still catered to gamers
Nvidia said in January this year: “For NVIDIA, gamers come first.
“All activities related to our GeForce product line are targeted at our main audience.
“To ensure that GeForce gamers continue to have good GeForce graphics card availability in the current situation, we recommend that our trading partners make the appropriate arrangements to meet gamers’ needs as usual.”
High-end GPUs used to power gaming computers have been miners’ best friends since the emergence of bitcoin in 2008.
But with every passing day the bitcoin processing requirements are getting more complex and more power hungry.
In many cases, GPU prices have doubled over the past year as shelves were wiped clean by miners hoping to strike crypto gold.
A mid-range AMD Radeon RX 570 GPU with a retail price of around $200 last spring can now fetch upwards of $300 and $400.
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