Shortage of AMD Radeon RX 570/580 cards as miners buy up everything

Posted on Friday, Jun 02 2017 @ 11:28 CEST by Thomas De Maesschalck
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The intensifying cryptocurrency craze is once again having an impact on the availability of AMD graphics cards. Over the last couple of years, gamers have sometimes had a hard time to get their hands on the latest AMD video cards as Bitcoin and altcoin miners bought up large supplies, often at prices gamers weren't willing to pay.

Over at Computex, German tech site ComputerBase got to hear that almost all Radeon RX 570 and RX 580 cards are sold immediately. This leads to elevated prices as miners have no issue with paying 300EUR for even the simplest Radeon RX 580 models, which is a lot higher than the recommended retail price of 259EUR.

The very strong mining demand caught AMD by surprise and the company is currently unable to provide enough Polaris 20 GPUs. Increasing the supply of GPUs isn't done in a matter of days, it takes several weeks to months to significantly boost supply and if AMD orders too much it could be faced with the exact opposite problem if the mining demand dries up due to a Bitcoin and altcoin crash.

Due to the shortage of AMD cards, miners are now turning their attention to GeForce GTX 1060 and GeForce GTX 1070 cards from NVIDIA. Additionally, power supply makers are seeing increased demand for units that can deliver more than 1000W.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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