From the beginning of January 2021 to the present, the price of Ethereum has increased by 170%, but the computing power of the entire network has only increased by about 35.7%.

You know, the last time Ethereum skyrocketed (from the end of 2017 to the beginning of 2018), the computing power of the entire network increased by 83% in one fell swoop! Why can't it be pulled this time? The answer is obvious: the capacity of graphics cards cannot meet the needs of miners.

Luo Yonghao's video card in the live broadcast room was sold out instantly after it was put on the shelves:

The skyrocketing price of Ethereum has made miners who want to take the opportunity to enter the market and expand their scale grab red eyes, grab the graphics card and grab the game book.

Gamers are miserable. Like the RTX3080 graphics card originally priced at 5,499 yuan, it has risen all the way to more than 10,000 in the second-hand market, and they still can’t get it. Who still plays this “game”?

Miners install gamebooks for mining:

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Picture from Nvidia official website

This made gamers jump for joy: Can we get a graphics card now?

But the miners’ friends look at this matter with more caution:

Can the mining performance of CMP achieve the same effect as that of game cards? Is there any price advantage? Is it worth buying?

Let us find the answers to these questions from the official information released by Nvidia!

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Picture from Nvidia official website

It can be seen from Nvidia's specification design of CMP series products that it fully considers the size of DAG files, and the minimum video memory is 6GB, which is undoubtedly born for Ethereum.

According to the specifications of CMP HX, we can roughly calculate the income of each card:

*Remarks: The income per M computing power is calculated at 0.76 yuan (the data comes from okkong.com, PM on February 22) and the electricity fee is calculated at 0.34 yuan/kWh.

Comparing the mainstream graphics cards currently used by miners, we can roughly foresee the popularity of CMP in the miner industry in the future.

In terms of power consumption ratio, the 90HX with the best CMP only exceeds RTX2080Ti, and none of the other models can beat it;

From the perspective of profitability, 90HX is not bad, and several other models can’t keep up with RTX2080Ti.

Unless CMP HX is cheap, it may not impress miners.

Some netizens guessed that the 90HX with the highest mining rate is about $600, which is about the same as the official price of RTX3070. But when it comes to the second-hand market, who knows what it will become.

Therefore, producing CMP for miners, limiting the mining rate of graphics cards, and the rush of graphics cards may still not be resolved.

The reasons are as follows:

① CMP cannot feed miners

As long as the price of Ethereum exceeds $1,000, the Ethereum mining market will continue to skyrocket, and CMP cannot feed miners at all.

So although Nvidia expressed in its official blog that "we have taken an important step (restarting the CMP production line) to ensure that the GeForce GPU will finally fall into the hands of gamers" a "beautiful vision".

However, the market trend may not be as he wished, and the current situation of market supply and demand cannot be fundamentally changed in the short term.

Don't think that with CMP, miners can be confident in Versailles: "Oh, it's so annoying, should I buy a graphics card or CMP?".

If you hesitate for a second, you will not be able to buy both.

Then some people have to ask, the new graphics cards all limit the mining rate, can you pay back the cost if you buy it?

This brings us to the second point:

② The driver that restricts mining can be cracked

"The RTX 3060 software driver is designed to detect specific properties of the Ethereum cryptocurrency mining algorithm and limit the hash rate or cryptocurrency mining efficiency to around 50%," Nvidia wrote in the announcement.

What does this announcement mean? The editor will translate for everyone: Nvidia will reduce mining efficiency through graphics card drivers.

Miners who have done some research may know that graphics card drivers can be cracked.

The GTX1060 mining card released by Nvidia a few years ago was cracked by the master, and the BIOS of the normal 1060 graphics card and the modified notebook graphics card driver were implanted, so that it can be used as a normal graphics card.

After all, the mining revenue can be doubled after cracking it. Although it is very difficult, there will still be many great miners going forward!

Even if we can't crack it, we can still make money when the price of the currency rises to only half of the computing power...

③Mining cards are difficult to sell, miners will be more cautious in choosing

The advantage of game cards is that they are very easy to sell. If there is a mining accident, they can be sold to gamers at the original price or even with added value in the second-hand market, and the money earned is the same as if they were picked up for nothing.

However, second-hand mining trucks have narrow uses and are not of such high value.

Considering the problem of future shots, the miners will be more cautious when they start.

Based on the above reasons, even if Nvidia develops a production line specifically for miners, it may neither satisfy the mining market in the short term nor reduce miners' interest in game cards; but in the long run, they have indeed "taken an important step forward". ".

It is reported that CMP HX will be released in Q1 and Q2 of this year, and the editor will continue to pay attention to the reports that will bring you the latest progress.

OKKONG Content Team

Edit: Vatican XVI

Produced:OKKONG Content Team