How the graphics card shortage is killing PC gaming
With the current shortage of global chips and cryptocurrency mining hitting PC gamers hard, it’s almost impossible to get a graphics card at a reasonable price.
While semiconductor chip shortages affect all major industries from cars, consoles, toys and more, PC gaming is one of the hardest hit industries for more than one reason. Besides the pandemic, drought in Taiwan, and global dynamics affecting everyone, the video card market has another predator, cryptocurrency miners! while the best mining silicon for them is the graphics card, the offering itself remains incredibly tight. It’s very dangerous for the industry and frustrating for GPU buyers, to say the least.
While cryptocurrency mining is exciting for many money-makers, it has become a high cost for computer gamers who now find it nearly impossible to build their gaming PCs. This is one of the reasons for which we recommend cards like the Nvidia GeForce 1030 to our readers. The situation is so bad that online classifieds like OLX see very few used card ads, people just grab what they can find, old or new!
Anil Dave, a computer hardware dealer at the Nehru Place Computer Center in New Delhi, told Techquila: “Whatever card you can find online, the price is so high that it doesn’t make sense to buy it. most customers. And he’s right, a graphics card that can be bought for 10-12k Now sells for over 25K and a high end card can cost 6 figures! “It’s amazing how much the prices have gone up,” says Anil. “Today I stock a Nintendo Switch and many refurbished cards that many of my customers have sold to me. “
“This is not how it is supposed to be, we should recommend at least a 1650 today to budget builders,” says Sahil Tikku, one of the Techquila team members who is an expert into computer games and recently wrote about a budget gaming PC build. “Instead, we ask them to put up with what? … At best a GT 1030? He says with dissatisfaction in his voice!
While many users are looking for new mobile phones or the Nintendo Switch instead of buying a new graphics card upgrade, some have put off buying gaming systems altogether. A few of the people we spoke to via phone have decided to buy a gaming laptop. These laptops are easier to find at the right price.
Recently, Nvidia promised hash-limited video cards and announced that starting with the GeForce RTX 3060, it will limit the hash rate to 50% of its mining performance. Nvidia also announced the Cryptocurrency Mining Processor (CMP). NVIDIA has announced four new CMP cards (30HX, 40HX, 50HX and 90HX) specifically for minors. This is supposed to discourage minors from purchasing the graphics card intended for gaming users. Despite the increase in mining-related purchases, PC gamers remain Nvidia’s primary and most profitable customers.
Cryptocurrency has jumped between GPU and ASIC processors. It’s not hard to imagine that there may be a new platform to leverage in the future. Manufacturers like Nvidia know full well that if the PC gaming industry suffers, so do the profits. After all, it’s not cryptocurrency mining that holds the future, but the PC Gamer!
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