Are cryptocurrencies to blame for high GPU prices?

#1

Post by h4kor » Sat, Jan 01, 2022, 2:37 PM UTC

Are cryptocurrencies to blame for high GPU prices?
blog.libove.org

Re: Are cryptocurrencies to blame for high GPU prices?

#2

Post by folli » Sat, Jan 01, 2022, 3:21 PM UTC

TLDR: Yes.

Re: Are cryptocurrencies to blame for high GPU prices?

#3

Post by capableweb » Sat, Jan 01, 2022, 3:22 PM UTC

folli wrote: post #2

TLDR: Yes.

More nuanced TLDR from the actual article:

> We can see a correlation between GPU prices and the value of crypto currencies, but correlation does not mean causation. A causation is plausible in this case.

Re: Are cryptocurrencies to blame for high GPU prices?

#4

Post by scottiebarnes » Sat, Jan 01, 2022, 3:27 PM UTC

Cloud / data center GPU consumption has also gone up in the past couple years.

Re: Are cryptocurrencies to blame for high GPU prices?

#5

Post by anm89 » Sat, Jan 01, 2022, 3:28 PM UTC

Are you trying to tell me that the price for a thing is affected by its supply and demand? The horror!

Re: Are cryptocurrencies to blame for high GPU prices?

#6

Post by gonab » Sat, Jan 01, 2022, 3:30 PM UTC

capableweb wrote: post #3

folli wrote: post #2

TLDR: Yes.

More nuanced TLDR from the actual article: > We can see a correlation between GPU prices and the value of crypto currencies, but correlation does not mean causation. A causation is plausible in this case.

.

Re: Are cryptocurrencies to blame for high GPU prices?

#7

Post by plebianRube » Sat, Jan 01, 2022, 3:30 PM UTC

capableweb wrote: post #3

folli wrote: post #2

TLDR: Yes.

More nuanced TLDR from the actual article: > We can see a correlation between GPU prices and the value of crypto currencies, but correlation does not mean causation. A causation is plausible in this case.

Indeed. A quick search shows chip supply side issues are a big factor. Increased demand, reduced supply.

https://www.pcgamer.com/why-you-still-cant-buy-a-graphics-ca...

Re: Are cryptocurrencies to blame for high GPU prices?

#8

Post by rvz » Sat, Jan 01, 2022, 3:32 PM UTC

Assuming everyone commenting here has read the post, if it is 'cryptocurrencies' 'like' Bitcoin and Ethereum that use PoW? Then, that is an undeniable, and an undisputed; Yes.

However, if you are talking 'cryptocurrencies' that means you are talking about all of them. Not all cryptocurrencies are like Bitcoin, and Ethereum and not all of them use PoW. So the title should be:

   'Is Bitcoin, and Ethereum to blame for High GPU Prices?'

or

  'Are cryptocurrencies like Bitcoin, and Ethereum to blame for High GPU Prices?'

Rather than generalising for 'ALL' active cryptocurrencies in existence, which everyone knows isn't true but continue to attack anyway.

Re: Are cryptocurrencies to blame for high GPU prices?

#9

Post by h4kor » Sat, Jan 01, 2022, 3:34 PM UTC

gonab wrote: post #6

capableweb wrote: post #3

Earlier quoted context omitted.

More nuanced TLDR from the actual article: > We can see a correlation between GPU prices and the value of crypto currencies, but correlation does not mean causation. A causation is plausible in this case.

.

This would show up in the CPUs. But their prices are stable.

Re: Are cryptocurrencies to blame for high GPU prices?

#10

Post by titzer » Sat, Jan 01, 2022, 3:34 PM UTC

gonab wrote: post #6

capableweb wrote: post #3

Earlier quoted context omitted.

More nuanced TLDR from the actual article: > We can see a correlation between GPU prices and the value of crypto currencies, but correlation does not mean causation. A causation is plausible in this case.

.

Read the article. The author corrected for the overall market trends using linear regression.