The rx 580 and 570 suffer from stock due to the cryptocurrency madness
Table of contents:
- The Radeon RX 580 and 570 are the most demanded to mine Bitcoin and other cryptocurrencies
- Why AMD cards and not Nvidia?
AMD's Radeon RX 500 series graphics cards, particularly the RX 580 and 570, have been out of stock for weeks due to cryptocurrency mining insanity. The market had moved away from virtual currency mining a couple of years ago, after several China-based companies launched specialized ASICs that were much faster and more energy efficient to solve the equations necessary to mine Bitcoin, Litecoin, and other cryptocurrencies.
The Radeon RX 580 and 570 are the most demanded to mine Bitcoin and other cryptocurrencies
However, the graphics cards used for mining have seen a massive resurgence in recent times, since the arrival of AMD's RX 500 series. One of the most demanded cards is the RX 580, which is causing a lack of stock. This, in turn, generates that these graphics cards are increasing their price in the second-hand market, such as the old generation RX 400, where we can see real follies, such as an RX 480 at $ 400, the same situation we can see on Amazon.
Many manufacturers are also taking advantage of this situation, such as Asock, which at Computex announced a special motherboard for cryptocurrency mining with compatibility for 13 graphics cards.
Why AMD cards and not Nvidia?
It's all about profitability, a GTX 1070 or 1080 is too expensive, and the GTX 1060 is lower in gross performance than an RX 580 or 570 for this kind of complex calculation. The best investment to mine at the moment are the RX 580 - 570 or RX 480 - 470, which basically offer very similar performance based on the same architecture.
Source: wccftech
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