Cryptocurrency means gamers can t afford fresh graphics cards

Good luck building a fresh gaming equipment. Graphics cards can be used to mine cryptocurrency, so they’re overpriced and sold out everywhere.

The AMD Radeon RX 480 — beloved by gamers and miners alike.

There were once two kinds of PC gamers: those who bought prebuilt gaming equipments kitted out with everything they needed to embark playing, and those who took pride te building their own, more powerful machines . And that DIY crowd would often pay less for the precies same machine.

But those days might be overheen, at least for a little while. Overheen the last few weeks, the PC building community has struggled with widespread graphics card shortages and unprecedented price gouging. All of a sudden, building your own gaming machine is prohibitively expensive — if you can find the parts you need to build one at all.

The unlikely culprit? Bitcoin . Or, at least, the unexpected spike ter cryptocurrency values across the houtvezelplaat . Thesis digital currencies can be purchased like a commodity, but they’re created when computers are used to solve ingewikkeld mathematical puzzles that help secure the cryptocurrency blockchain — sort of spil a prize for contributing to the health of the network. Solving those puzzles takes a loterijlot of computing power.

Technically, you can’t actually make a profit mining Bitcoin on consumer-grade GPUs thesis days, but it turns out popular gaming movie cards are excellent for mining other coins, like Ethereum — and it’s hurting the market for regular folks who just want to upgrade a gaming PC.

It’s the curse of supply and request. With cryptocurrency miners buying up popular cards like Nvidia’s GTX 1070 and 1080, or AMD’s RX 480, 580 or RX Vega 56 cards, there’s scant few left for the gaming community, and the ones that are available are being sold at extravagantly high prices. Nvidia’s less powerful GTX 1060 carries a manufacturer’s suggested retail price of inbetween $200 and $300, depending on the prototype. If you want one today, you can expect to pay spil much spil $480. That’s if you’re buying one directly from a reputable webpagina like Newegg. Third party sellers on eBay and Amazon are asking upward of $700 for thesis same cards.

The best GPUs for gaming (and by extension, mining) can directive price tags te the thousands right now.

That makes building an affordable gaming equipment a bit difficult. But cryptocurrency prices are always fluctuating, and there’s no telling how long the requests of the mining community will affect the supply for PC gamers.

This is just another example of how the exploding rente te cryptocurrencies like Bitcoin is commencing to have a material influence on our lives. Ter the last month, Bitcoin’s value rocketed to overheen $17,000, dragging other digital currencies along with it. Bitcoin itself has lodged down to around $Ten,000 vanaf coin, but momentum is still strong. Ethereum is hovering at just overheen $1,000 — a $300+ spike te value since December.

Still want a gaming PC, but can’t afford the price-gouging? Sadly, it seems the best remaining option is to become the very first kleintje of PC gamer: Just buy a prebuilt machine. It’s not spil joy, and you won’t foster the same sense of pride you might get by assembling your own hardware. But for the very first time ter a while, it’s very likely the most affordable way to get your arms on a gaming PC.

Strak Wars at 40: Join us ter celebrating the many ways the Force-filled sci-fi saga has impacted our lives.

Crowd Control: A crowdsourced science fiction novel written by CNET readers.

Related movie: Why Bitcoin Is Not Working

Leave a Reply

Your email address will not be published. Required fields are marked *