GeForce sold RTX 3000 cards in large quantities to cryptocurrency minors

NVIDIA RTX 3000 NVIDIA RTX graphics cards display a high performance for a very competitive price. NVIDIA was forced to raise the value for money of its cards because its competitor AMD is quite formidable with its new generations generations RX 6000 XT . Is this one of the causes that made Nvidia RTX cards were out of stock a few minutes after their launch?

Cryptocurrency minors also in question

Customers were somewhat frustrated by the fact that the RTX 3000 serial GeForce cards were exhausted a few hours after their market sales. The manufacturer NVIDIA has explained many times that it comes from an unusual too large demand from its customers. According to analyst Mitch Steves of RBC Capital markets, cryptocurrency minors are for a few things. Nvidia would have sold a large amount of 3000 serial cards to cryptocurrency minors. Nearly $ 175 million sales are attributable to minor cryptocurrency buyers. This craze has caused a stock of the GPU in recent weeks. NVIDIA confirms that this stock shortage will continue in the first quarter of 2021.

Sales analysis and requests for RTX 3000 cards

The quarterly data on NVIDIA sales in the gaming sector show a record turnover $ 2.27 billion , an increase of around 37 % compared to that of the year 2020 over the same period. This increase concerns, among other things, sales relating to GPUs, SOCs for game consoles and computers equipped with RTX 3000 standard . According to analysts, if we do not consider the $ 175 million associated with card sales for minors, NVIDIA would have an increase in turnover of more than $ 500 million. The sale of cards to cryptocurrency minors thus represents more than 30 %. This sum could increase exponentially if there was enough stock to respond to all purchasing requests.

Card 3080

It should be noted that the Ethereum blockchain will change from December in its version 2.0. The new algorithm will highlight the stake test and no longer the work test in its operation. Which will put minors offside. This new algorithm will take about 1 year to apply completely. Thus, Ethereum minors took advantage of the new Nvidia cards to quickly accelerate mining before the change of stakes. Once this scalability is implemented, this system could apply to other Ethash algorithm cryptocurrency. Mitch Steves estimates that profitability with an NVIDIA RTX 3080 would be there after 233 mining days with an average profitability of $ 3 day.

It should be noted that Nvidia is the subject of several proceedings currently issued by its shareholders for not having played transparency on previous sales of cards on mining. We are therefore waiting for these prosecution.

The capabilities of the GeForce 3000 MANAGE MANAGE CARDS

The RTX 3080 card is referenced at 73-74 MH/s with the Daggerhashimo algorithm. In overclock, this card manages to treat 84-89 Mh/s . In this case, the card uses 100 % of its power.

For information, the AMD Radeon RX 5700 manages to do a hash work of 50-54 Mh/s in Ethereum mining. This roughly corresponds to the performance of the GeForce RTX 2080 Ti (54 Mh/s). Historically, Dagger-Hashimoto is the initial version of the Ethash Ethreum, an Asic-resistant algorithm.

The characteristics of the RTX 3080

This craze for mining comes from the performance of these NVIDIA 3000 series cards. The RTX 3000 series cards are very popular because they display fairly increased mining capacities. These graphics cards are designed based on the AMPERE architecture passing from an engraving technique of 12 to 8 nanometers. The RTX 3080 costs 719 euros in MSRP (retail price recommended by the manufacturer) but since it is in continuous stock, its price increases more and more on the net. Its MSRP price which was relatively competitive, although it doubles in performance compared to its predecessor Nvidia RTX 2080 made this card quickly disappears from the market just hours after its launch.

cooling 1

The GeForce RTX 3080 has 8704 cuda cores with a memory of 10 GB GDDR6X operating at 19 GHz . Memory transits from 320 -bit bus data with a bandwidth of 760 GBPS. In Boost frequency, the GPU reaches the frequency of 1.71 GHz . In normal mode, the card operates at 1.44 GHz. The GPU has 28.3 billion transistors . In terms of performance, this card is 93 % of the AMD Radeon RX 6800 XT .

The RTX 3080 graphics card measures 28.5 cm in length and has 4 video outputs including 1 HDMI and 3 DisplayPort. The card consumes a TDP power of 320 Watts . It is therefore recommended to use a power supply with a minimum power of 750 Watts.

On Fortnite, in 720p resolution, the RTX 3080 provides a frame of 285 FPS, in QHD 1440P, we get a 125 FPS a means of 125 FPS and in 4K 2160p resolution, the card delivers images to 28.5 fps.

By comparing the performance of RTX 3080 with cards of the same category, the Radeon RX 6800 is at +5.08 % while the GeForce RTX 2080 TI is at -8.8 %.

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In short, NVIDIA 3000 serial cards, including RTX 3080 cards have been prized by cryptocurrency minors. They alone bought cards up to $ 175 million. This craze was accentuated by the fact that these cards were sold with a very attractive price. Nvidia thus announces a stock -up until the first quarter of the year 2021.

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Hello me, it's François :) Editor in my spare time who loves sharing his passion: TT High tech! 😍 Whether it's hardware, software, video games, social media and many other areas on the site. I share with you my analyses, my tests, tutorials and my favorites on various media. I am a knowledgeable and demanding technophile, who does not just follow fashion, but who seeks to guide you towards the best solutions. So stay tuned!