In addition to gaming graphics cards, Nvidia has also been offering special GPUs for cryptomining for some time. The new flagship, the CMP 170HX, has now appeared in an online auction house and is being offered there for horrific sums.
New mining graphics card from Nvidia costs $ 4,300
The hardware crisis continues and also has a negative impact on the availability of graphics cards. Graphics accelerators from AMD and Nvidia have been in short supply for over a year, which is leading to utopian prices on the market.
This is exactly what has officially prompted Nvidia to artificially throttle the mining performance of its normal gaming graphics cards and instead offer special mining GPUs for crypto miners that work significantly more efficiently.
Now a new graphics card model in the mining segment has appeared in the network: the CMP 170HX – the top model in the new series. However, the card was not officially presented – it only appeared on a few auction sites. The dealers charge the equivalent of almost 4,300 US dollars for the mining graphics card.
For comparison: The GeForce RTX 3090, currently the fastest gaming graphics card from Nvidia, has an RRP of 1,499 euros. The CMP 170 HX is therefore twice as expensive as its gaming counterpart (source: Tom's Hardware).
While Nvidia is working on new graphics cards, Apple recently presented a new MacBook – more on this in the GIGA headlines:
When the new mining graphics card will officially go on sale – and at what price – is still open.
Nvidia's mining division is getting off to a slow start
Although the mining of cryptocurrency is still the trend, Nvidia's previous sales with the mining graphics cards are still below its own expectations.
However, Nvidia seems to want to stick to the mining strategy in the future as well. It remains to be seen whether the stamina will pay off in the end. Cryptocurrencies are currently quite profitable, but miners will still remember the huge collapse of the Bitcoin price in May 2022 and sometimes exercise a little more caution in the future.