nec209

Why are video cards skyrocketing in price?

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Why are video cards so costly now and every year they are going up and up? It is the worse year for gamers or anyone buying video card now because of the high cost and every year they getting more and costly.

what is causing the high skyrocketing price of video cards?

 

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Cryptocurrency mining.

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9 minutes ago, CharonY said:

Cryptocurrency mining.

What is crypto currency mining?

what are they using these video cards for?

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50 minutes ago, nec209 said:

What is crypto currency mining?

what are they using these video cards for?

The production of new currency(as a reward) for essentially validating transactions.

Like Sensei says, GPU's can be used to handle the processing.

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7 minutes ago, Endy0816 said:

The production of new currency(as a reward) for essentially validating transactions.

Like Sensei says, GPU's can be used to handle the processing.

So the math calculations are processing the transactions? Why is this GPU intessive?

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1 hour ago, nec209 said:

So the math calculations are processing the transactions?

Everything what computers do, is math.

GFX just have many cores. It's cheaper to buy one GFX card with 2048 cores, instead of 256 computers each with 8 cores CPU on board.

 

 

Edited by Sensei

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TLDR : Mining with commerical cards are much more profitable than using specialized hardware due to electrical fees.

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