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Again for the old: miners bought all XFX Radeon RX video cards in China
According to the resource MyDrivers, the Chinese division of the American company XFX has sold almost the entire stock of Radeon RX 500 and RX 5000 series video cards to the owners of farms for mining cryptocurrencies. According to the source, some distributors did not receive new cards from the manufacturer during September.
Image source: XFX
As a result, almost all consumer XFX models disappeared from sale, including the Radeon RX 580 8GB, RX 590 8GB, RX 5600 XT, RX 5700 XT, etc.d. Citing its sources, the Chinese resource reports that XFX received graphics chips from AMD for the production of video cards, but did not assemble the cards, but immediately sent the chips to the miners so that they would create cards based on them specifically for the extraction of cryptocurrency. Thus, new arrivals of video cards did not reach local retail chains.
The popularity of mining begins to slowly grow again due to the increased prices for the Ethereum cryptocurrency. Since April this year, its cost has doubled. Today the price of one «ether» is $ 372, but during the last month it ranged from $ 430 to $ 350.
Image source: VideoCardz
AMD Radeon RX series graphics cards are highly valued among miners because they are cheaper than NVIDIA counterparts with the same performance when mining cryptocurrencies. Despite the fact that the Polaris architecture (Radeon RX 500 series) is already 4 years old, cards based on it are still in high demand, so AMD is not yet abandoning the production of GPUs of this family.
MyDrivers points out that video cards based on AMD Navi architecture (Radeon RX 5000 series) are also of interest among Chinese miners against the backdrop of the returning popularity of crypto mining. True, the Radeon RX 5700 and RX 5700 XT models have similar performance, but the former is cheaper and, accordingly, it is more profitable for cryptocurrency miners.