Popular wisdom and logic tell us that mining cryptocurrencies with graphics cards is closely associated, on the one hand, with the cost of energy and, on the other, with the cost of infrastructure. This has made cheap gaming graphics cards, relative to their peers, the most sought after. That’s why it’s surprising to see the NVIDIA RTX A4000 in mining. What is happening?
It’s no secret that mining farms are a very lucrative business today. The problem is that they need graphics cards to run them and these are becoming increasingly rare. At the same time, while gaming graphics cards are scarce, professional ranges seem to be piling up in the warehouses of different manufacturers.
The so-called mining bubble has not yet burst and the logical response from industrialists seems to be to reduce their profitability by increasing consumption. With the NVIDIA RTX 3090 Ti just released, miners are eyeing another graphics card. The RTX A4000, a move that honestly a few months ago we wouldn’t have thought possible. So let’s see the details of this particular movement.
This is the RIG for mining based on the NVIDIA RTX A4000
The fact that a professional graphics card is used for mining is surprising to say the least, since the market price of these completely eliminates the profitability of said task. However, their high price for gaming and mining makes them the least in demand. However, it seems that it was decided to mount several mining RIGs using 8 NVIDIA RTX A4000 in each of them. This is a graphics card that currently has an MSRP of $1,000 in the market, compared to $500 for the RTX 3070 which uses the same graphics chip.
The supplier of all graphics cards for the miner as you can see in the picture is GIGABYTE and it gets for each RIG a performance of 500 MH/s on average. It should be kept in mind that these graphics cards are not designed to operate at high clock speeds, but to operate for as long as possible. The reason is that they are not only intended for workstations but also for shared servers for cloud computing and content creation.
Why a professional graphics card like the RTX A4000 is used for mining defies logic, but it has an explanation and it’s none other than the lack of inventory added to the continued rise in graphics card prices. gambling led to the claim even these cards. At the same time, manufacturers of this type of hardware have seen the opportunity to get rid of excess stock, especially now that the RTX 40 with its gaming and professional ranges is approaching.