Analyst: buying a high-end graphics card for mining would be "very foolish"

[Avro Arrow]

The selling of overpriced graphics cards (often without any guarantee) on Ebay and other shady online places is also part of the pyramid scheme of cryptocurrecies.

Yep, that's how they try to make their money back on what they invested in the cards themselves. This is one of the reasons that I completely ignore the used market. If I'm spending on a card, I want the warranty and the knowledge that I'm not helping some miner who put a strain on the gaming industry.

 

[Bamda]

I also like that last graphic of AMD's dedicated GPU market share from Q42019 vs Q42020: It immediately makes me remember how AMD when out of their way to mock Nvidia for their "paper launch" yet even with a product line that for all intends and purposes, finally competes with Nvidia on the high end directly, its still steadily losing market share meaning that even if Ethereum and the pandemic weren't concerns we know people want their cards and can't get em: they botched their launch far, far worst than Nvidia and the numbers show this: they're losing ground at the exact point that they should be gaining ground in market share.

Only because they have to produce 4 lines of products not because people are not buying their GPUs.

 

[Dimitriid]

Only because they have to produce 4 lines of products not because people are not buying their GPUs.

People would buy em, if they could find them on stores. Like literally almost any GPU that could be found on stores, people would buy em. So either AMD partners are just straight up selling to mining operations direct, or they just can't get allocation on TSCM or what volume they can get allocated goes to their much more profitable, booming businesses like Ryzen or the consoles.

My bet personally is on the later: I've always maintained that AMD fighting a war on two fronts it's never going to work and the smart thing to do is to bring the fight to intel since they're actually ahead (EDIT: Ahead in tech, arguably. Intel maintains dominance on the market share specially for lucrative areas like data centers but that takes time they just need to sustain to eventually flip those data centers too) And is not like their Radeon division is completely forgotten since they're still the main tech behind both major consoles. They might want to keep up with that tech but realistically speaking, not for at least 3 or 4 years before any major console releases, probably quite more.

 

[Bamda]

People would buy em, if they could find them on stores. Like literally almost any GPU that could be found on stores, people would buy em. So either AMD partners are just straight up selling to mining operations direct, or they just can't get allocation on TSCM or what volume they can get allocated goes to their much more profitable, booming businesses like Ryzen or the consoles.

My bet personally is on the later: I've always maintained that AMD fighting a war on two fronts it's never going to work and the smart thing to do is to bring the fight to intel since they're actually ahead (EDIT: Ahead in tech, arguably. Intel maintains dominance on the market share specially for lucrative areas like data centers but that takes time they just need to sustain to eventually flip those data centers too) And is not like their Radeon division is completely forgotten since they're still the main tech behind both major consoles. They might want to keep up with that tech but realistically speaking, not for at least 3 or 4 years before any major console releases, probably quite more.

AMD definitely made a major mistake trying to release 4 products at the same time. Really bad planning. I am certain they will not suffer too much from it but they could have made even more profit if they had spread all these releases at least a half a year apart.