Gigabyte Nvidia CMP 30HX for sale online – and appears to confirm our worst fears
The Nvidia mining GPU is priced to underperform
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The newNvidiamining GPU, the Nvidia CMP 30HX, has shown up online again – this time in Romania – and the pricing confirms that there will likely be little interest among cryptominers for the new card.
This is the same Gigabyte CMP 30HX that we saw online recently,VideoCardzpoints out, though it’s different than the one that waslisted at Microcenter- an online retailer in the United Arab Emirates - a few weeks ago before being taken down soon after.
The Gigabyte CMP 30HX was found online by Twitter user@momomo_us, on sale atITDirect, and is currently listed for 2,975 RON, which comes out to about $720 / £525 / AU$945. With a listed hash rate of just 26 MH/s, this is comparable to that of anRTX 3060with the hash rate limiter enabled.
GIGABYTE NVIDIA CMP 30HX D6 6G - IT Directhttps://t.co/kBaHB4DsyUApril 12, 2021
Miners have already found several workarounds for this limiter, so with an MSRP of $329 (about £240, AU$430) and a resale price online two to three times that, miners would still make more money buying an RTX 3060 even at the ridiculously inflated prices.
There are also several other older cards that can get a hash rate of 26 MH/s or greater, like theRadeon RX 5500 XT, theNvidia GTX 1660 Ti, andRadeon RX 580. All of these cards are available online for less than the CMP 30HX is listed at, and are generally more readily available. Even withsignificant price markupsthanks to booming demand for mining GPUs and dwindling supply of these older cards, they still make more economic sense than the CMP 30HX.
Will Nvidia’s mining GPUs ever become viable?
Nvidia announced theirnew mining GPUsseveral months ago in response to the stock shortages gamers were facing while trying to buy the newNvidia Amperegraphics cards like theRTX 3080andRTX 3070.
While resellers and their army of bots buying up stock are the biggest problem, there is overlap between resellers and cryptominers, since cryptominers are more likely to pay the ridiculously high prices being charged for the new cards. With cryptomining demand soaring thanks to the Ethereum andBitcoinbooms, where one culprit ends and the other begins is not entirely clear.
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What is clear, however, is that unless the price of these Nvidia mining GPUs come down significantly, they are not going to be seen as a viable alternative to traditional graphics cards and areunlikely to helpthe ongoing RTX card stock issues.
John (He/Him) is the Components Editor here at TechRadar and he is also a programmer, gamer, activist, and Brooklyn College alum currently living in Brooklyn, NY.
Named by the CTA as a CES 2020 Media Trailblazer for his science and technology reporting, John specializes in all areas of computer science, including industry news, hardware reviews, PC gaming, as well as general science writing and the social impact of the tech industry.
You can find him online on Threads @johnloeffler.
Currently playing: Baldur’s Gate 3 (just like everyone else).
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