Posted 3/14/2024, 2:40:21 PM
AMD Ryzen 7000 CPUs Sold Out Due to Crypto Miners Craze for High Profits
- Crypto mining is causing supply issues and price hikes for AMD's new Ryzen 7000 CPUs, especially the flagship 7950X which is now sold out at major US retailers
- These CPUs are well-suited for mining alternate cryptos like Qubic thanks to high core counts, AVX support, cache, and efficiency
- Daily profits of $3 per 7950X make it more lucractive for mining than even an RTX 4090 GPU
- This could cause problems for future Zen 5 launches if the crypto boom continues, with miners snapping up all early stock
- For Intel this could be an opportunity, as its upcoming CPUs lack the AVX support that makes AMD chips desirable to miners