Ethereum GPU Mining Profitability Puts Eyes On Radeon RX 5700 Series

Ethereum GPU Mining Profitability Puts Eyes On Radeon RX 5700 Series

4 years ago
Anonymous $UzyKJJH9oy

https://wccftech.com/ethereum-gpu-mining-profitability-puts-eyes-on-radeon-rx-5700-series/

You know the meme: Ah sh*t, here we go again. Whether it's Ethereum, Monero, Dash, Tron, Ripple, or the many other Bitcoin mining alternatives this headline is not something gamers like to see pop up. But the reality is we're seeing a boom in profitability for GPU mining again and that typically spells disaster for the gaming graphics market, and this go around the Radeon 5700 Series could be the biggest player.

The GPU market is in a very interesting time, we're at the end of a product cycle with the RTX 20 Series and the first generation RDNA products coming to a close with the RTX 30 Series and the promise of new RDNA2 based GPUs on the immediate horizon. I'm not sure if this news comes at a good time, or the absolute worst time. See, the good could be that it helps move existing 5700 Series cards out of the pipeline and into the hands of miners, but not gamers. The good in that could be that it helps clear the shelves in anticipation of new cards, but what happens to the new cards? Do we get a repeat of the Hawaii days all over again?