NVIDIA Asks Retailers to Sell its GPUs to Gamers, Not Cryptominers

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So, if you’ve tried to assemble your own PC any time recently, you know that prices of things like memory and GPUs have gone ridiculously high. This isn’t the usual state of things- it is happening right now because cryptominers are buying these products, including NVIDIA GPUs, to mine bitcoins, leading to a shortage of products on the market, in turn driving up demand and price.

The situation has become so bad- we’re talking GTX 1080s selling at over $1,000 apiece here- that NVIDIA has been forced to issue an advisory to retailers, asking them to sell to “gamers, not cryptominers” in Europe, and encouraging them to limit sales of products to two per customers- cryptominers usually buy a whole lot of these in a bunch.

It sounds like a fair response, but it also beggars the question of just how practical this advice is, and whether or not it will actually end up bringing the situation under control.

Posted: Jan 25, 2018 12:49 pm
Related Forum: Gaming Discussion

Source: https://gamingbolt.com/nvidia-asks-retailers-to-sell-its-gpus-to-gamers-not-cryptominers

Comments

F11Posted: Fri. Feb 09, 2018

Hopefully prices drop soon just sold my old card need to a new one soon :( cant play games

TomPosted: Mon. Feb 05, 2018

KyloCrux To add on to this, a lot of retailers are actually giving massive discounts on 1070s and 1080s to people who can prove its for gaming!

wait are you serious, so you're telling me I can get a massive discount for a simple task.

ZydrinPosted: Sun. Jan 28, 2018

To add on to this, a lot of retailers are actually giving massive discounts on 1070s and 1080s to people who can prove its for gaming!

-JaackPosted: Fri. Jan 26, 2018

BattleDemon They would never decline a paying customer. That's just bad business and won't happen.

You`d be surprised, have worked in retail and on certain products (mainly electrical) they have purchase limits and they are enforced.

BattleDemonPosted: Fri. Jan 26, 2018

They would never decline a paying customer. That's just bad business and won't happen.

TTGPosted: Fri. Jan 26, 2018

Glad to hear something positive on the GPU's for once.

TuskPosted: Thu. Jan 25, 2018

It will be interesting to see if other companies do this as well.

MushroomElmPosted: Thu. Jan 25, 2018

Yeah, it's a bit ridiculous at this point. I want to buy a 1080TI Strix, as my current card is finally crapping out..

$1,600 on Newegg. Even more on other sites..Stupid AF.

MikePosted: Thu. Jan 25, 2018

This would help so graphics cards aren't expensive

OozyPosted: Thu. Jan 25, 2018

Craig And.... How can they tell the difference?

This will not tell the difference. But they should limit the amount that a customer can buy without presenting proof for why they need more than one or two gpu. For example someone who buys 100 gtx 1080s is probably not going to use all of those for their personal computers. So you could assume that they are a retailer or they are miners.

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