Social Media Sidebar


Please sign up, comment on articles and bring your friends!

Current poll

PlanetTech is asking:

What do you think about our new web site?

Love it, indeed
Really good solution
Same as old one
The old one was better
This is a new option

Quote of the day

Just because something doesn’t do what you planned it to do doesn’t mean it’s useless.


Thomas Edison

Ethereum leads AMD and Nvidia GPUs to a historic quarter

Posted in Software on 23rd Aug, 2017 12:50 PM by Alex Muller

The Bitcoin-like Ethereum cryptocurrency has jacked up the video card market. AMD and Nvidia GPUs saw a massive spike in shipments (to retailers and OEMs) of 31 percent from the first to the second quarter of the year, according to intelligence firm Jon Peddie Research.


This is the first time in 20 years that discrete (as opposed to integrated) GPU shipments increased significantly from Q1 to Q2. The rush on the video cards comes alongside the growth of Ethereum mining, which is the GPU-friendly process for solving security algorithms for transactions involving the digital coin.

As more people jumped into Ethereum mining this year, graphics cards became more difficult to find at retail. Miners focused on AMD’s Radeon cards, which are more efficient at decrypting Ethereum than Nvidia cards. But the price of that digital coin jumped so high at certain points that Nvidia’s cards were well within the range of a positive return-on-investment. So both Radeon and GeForce GPUs were tough to find, and this forced retailers to continually order new stock to serve the demand of both cryptocurrency miners and the PC gaming audience.
Overall, GPU shipments (including integrated Intel GPUs) were up 7.2 percent in Q2 from Q1. AMD was up 8 percent, and Nvidia was up 10 percent. Intel jumped 6 percent. Year-over-year, meanwhile, GPU shipments jumped 6.4 percent.
“Up to now, the GPU and PC market had been showing a return to what has been normal seasonality,” reads the John Peddie Research report. “That pattern is typically flat to down in Q1, a significant drop in Q2 as OEMs and the channel deplete inventory before the summer months. A restocking with the latest products in Q3 in anticipation of the holiday season, and mild increase to flat change in Q4. All, of that is subject to an overall decline in the PC market since the great recession of 2007 and the influx of tablets and smartphones. However, this year, Q2 discrete GPU shipments were completely out of sync and remarkably high.”
GPUs will remain one of the best ways to verify Ethereum transactions due to the memory-heavy nature of the cryptocurrencies algorithm, but the space will likely get so crowded that you will eventually not have a chance of getting a return on your investment. So the card market should come back down to Earth soon.
Until then, 2017 continues to hold the honor as one of the worst years ever to upgrade a GPU.

Tags: businessGPUblockchaincurrencyEthereum

Read original article » Back to category



Recent headlines

  • Posted in Software on 2018-06-21 03:22:47
    IBM Unveils System That 'Debates' With more
    Posted in Science on 2018-06-21 03:12:27
    NASA unveils bold new plan to protect Earth from more
    Posted in Science on 2018-06-21 03:03:04
    Machine learning may be a game-changer for more
    Posted in Science on 2018-06-20 02:26:18
    Pushing the limit: could cyanobacteria terraform Mars? more
    Posted in Medicine on 2018-06-20 02:23:08
    Hospital Begins Testing VR As A Pain Relief more
Posted in Business on 2013-10-10 01:33
China is working towards a manned lunar mission in more
Posted in Business on 2013-10-20 07:17
Spacex says China is their main competitor for more
Posted in Software on 2013-10-20 06:43
Pirate Bay Browser Clocks 1,000,000 more
Posted in Medicine on 2013-10-10 02:10
Google reportedly investing hundreds of millions into more
Posted in Medicine on 2013-10-14 03:13
Endothelial Cells Can Repair and Regenerate Organs, more
Posted in Science on 01.01.2010
Spacex says China is their main competitor for more
Posted in Science on 01.01.2010
Staring at Your Phone Could Be Making You Short more
Posted in Science on 01.01.2010
Oculus Rift virtual reality headset coming to mobile, more
Posted in Science on 01.01.2010
China is working towards a manned lunar mission in more
Posted in Science on 01.01.2010
Delivering drugs via nanoparticles to target more

Recent Blog Posts

  • Posted by AlexMuller
    In five years quantum computing will be more
    Posted by AlexMuller
    Google partners with Johnson and Johnson to make lower more
    Posted by AlexMuller
    Electron holography microscope with spatial resolution down more
    Posted by AlexMuller
    Lower cost advanced Nuclear power could dominate future US more
    Posted by AlexMuller
    Why Hasn’t AI Mastered Language Translation? more

Login to your Account

Login to your PlanetTech Account here

Remember me

Create a New Account

You just need username and password

The following errors occured:
Verify password:
Remember me