Cryptocurrency Mines are Pushing Up GPU Prices, and AMD is Worried | Inverse

Graphics processors have skyrocketed in price over recent months, as cryptocurrency miners rush to use the ultra-powerful chips in their machines. It seems like a golden time for GPU companies, especially after the discovery that the chips are also perfect for autonomous cars, but AMD is worried that its business is now exposed to whims in the marketplace.

At the same time, graphics cards have shot up in price as miners use them to reap the highest rewards. The drought of cards on the market has been described as “nothing short of a complete fiasco” by Tom’s Hardware, with the $400 Vega 56 selling for a staggering $1,000. AMD may be enjoying a year-over-year revenue increase of 24.7 percent, but it’s increasingly dependent on a less reliable source.

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Cryptocurrency Mines are Pushing Up GPU Prices, and AMD is Worried | Inverse.