Cryptmoedas are the phenomenon of the moment, but it is known that their development requires a lot of "firepower" to computers.
Bitcoin, Ethereum, Ripple and Litecoin are just four of the most popular crypto-coins of the moment. In the last year, all of them have experienced significant increases, thanks to successive investments, but in addition to the positive consequences of this phenomenon, there are also some negative results, such as the economic impact these currencies have had on the price of graphics cards and processors.
Nowadays, with the demand for these components increasing, and with the consequent shortage of stock, companies have found enough arguments to support the rise in prices of their hardware. In the case of AMD and Nvidia, which are two of the largest companies operating in the GPU segment, there are already some cases of abrupt price rises, especially in the medium and high ranges. The phenomenon has been aggravated by the fact that these components are being purchased in large volumes, which leads to significant (and immediate) stock reductions.
According to Polygon, the Nvidia GeForce GTX 1070, formerly sold for an average price of $ 380, is now on sale in some stores for more than $ 700. Note that the so-called "criptomoeda miners" use multiple graphics cards at the same time to solve mathematical problems necessary to authenticate payments in the coin network such as Bitcoin, thus helping the system work and, consequently, creating these coins. The more power there is in a setup, the faster this process becomes.
According to the same publication, boards such as the GTX 1060, the GTX 1070, the AMD Radeon RX 570 or the Vega 64, are currently missing in the warehouses of their respective companies. In response, some retailers have already limited the number of units per customer.