Gpus sales increase by cryptocurrency mining by 31%

A new JPR survey notes that cryptocurrency mining is a thriving business for graphics card manufacturers and sellers. Both AMD and NVIDIA have benefited from additional sales, with increases of up to 31% over the past 10 years, and up to 7% on a quarterly basis.

Graphics cards are in short supply and prices are increasing due to high demand by cryptocurrency miners

NVIDIA is the best performer compared to AMD, a manufacturer that for some reason was unable to cope with high demand as the figures indicate. However, this is not a good thing for consumers or gamers since the growing demand for graphics cards has caused a shortage, something that can influence their final prices.

Also, for the first time in 20 years, the dedicated graphics card units that were sold have seen an increase in their numbers.

The main reason for this growth is the impact that cryptocurrencies have on the market, such as Bitcoin or Ethereum. The latter is the one that has most attracted users lately thanks to the use of a different hashing algorithm from Bitcoin, known as Ethash, which is based on memory usage and is better optimized for mining through the use of cards. traditional graphics.

Overall, GPU sales increased 7.2% on a quarterly basis, AMD experienced an 8% increase in sales, while NVIDIA increased GPU sales by 10% and Intel 6%. On a year-over-year basis, total GPU sales rose 6.4%, while graphics cards for desktop PCs saw increases of 5% and graphics cards for laptops increased 7%.

To find out more about cryptocurrency mining, you can take a look at this article we did a while back.

Source: Guru3D