What is the ranking of mining graphics cards (what are mining graphics cards)?

08/14/2023 14:58 • AI & Tech Insights • 90 views

What is the ranking of mining graphics cards (what are mining graphics cards)?

What is the ranking of mining graphics cards? What is the ranking of mining graphics cards?

What is a mining graphics card ranking and why are there so many high-end products coming out? According to the latest data statistics, Nvidia’s gaming graphics card sales exceed AMD’s S19 series and Avalon A7 series and other older generation graphics cards. However, due to the volatile cryptocurrency market, some graphics card prices have plummeted, and there have even been cases of zeroing out (as mentioned earlier). According to data statistics from non-small numbers, the current global Bitcoin hash rate is 93.6 TH/s. The Ethereum network hash rate is growing faster.

Since 2017, mainstream graphics card manufacturers have launched their own blockchain platforms, open-source software, and development tools. However, they do not support a variety of mining functions or applications as they did before, so no company can guarantee that they can provide such services. (Note: This article is compiled by Katie, a translator for Odaily Star Daily, and does not constitute investment advice)

What are mining graphics cards?

Mining graphics cards are mainly divided into two types. One is Ethereum’s dedicated GPU. Using Ether on a regular computer can earn graphics card income. The other is mining other digital currencies such as Bitcoin and Litecoin. According to the latest information, there are currently more than 200 mining graphics card products based on AMD on the market. Among them, Nvidia RTX3080Ti is one of the mainstream mining gaming machines, but there are also many graphics card manufacturers specifically designed for video games. It is estimated that Nvidia has been involved in the encryption industry since 2017. Since the end of 2017, its sales have reached over 1.5 billion US dollars.

In April of this year, with the price of BTC rising to $20,000, the global graphics card market experienced significant growth. In the first quarter of 2020, due to the epidemic, many provinces and cities in China restricted shipments, and the demand for Bitcoin mining equipment in various regions of China increased. At the end of 2018, TSMC announced that it would cooperate with Bitmain, Canaan Creative, and Innosilicon to launch a new A10 series mining graphics card. In addition, in March 2019, the United States National Development Bank announced plans to launch a new investment fund, “TheHashKeyFund”, for investment in the virtual reality and blockchain fields. “We believe that this funding may help these companies solve problems and improve efficiency,” an anonymous source told the media. “I expect this situation to occur in early 2020.”

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What is the ranking of mining graphics cards (what are mining graphics cards)?

What are mining graphics cards?

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