Graphics cards, video cards, GPU’s – we all know they are a hot commodity as of late. If you’re more of a tech newbie, or if your social distancing has included the news and media hype surrounding GPU’s, let’s start with the basics.
Graphics cards are specialized processors that render all the images you see on your monitor. From the bootup screen to your Google search, your video card is to thank for you being able to see any of it!
The faster and better the processor, the more seamless and detailed your images and videos will be. Gamers are particularly interested in the quality of these details as a fast processor will prevent the dreaded “lag”, or choppy delays, and a slow one will leave you in the dust.
So, if GPU’s are traditionally used primarily for gaming, video streaming, and using graphics heavy programs like CADD, why are we hearing about them being used to “mine” cryptocurrencies?
GPU’s are equipped with a nifty little feature called Arithmetic Logic Units (ALU’s), which are responsible for performing mathematical computations. ALU’s are important here because they are able to solve the “puzzles,” if you will, behind which cryptocurrency is hidden. ALU’s are able to try every possible solution combination with lightning fast speed almost indefinitely. (It’s not a perfect analogy, but we’re keeping it simple).
As you probably already know, GPU prices have skyrocketed because of the demand for tools capable of mining cryptocurrencies. However, as of late GPU’s are no longer fast enough to keep up with the highly competitive and ever-growing non-fungible token (NFT) mining crowd.
The NFT world has switched over to using Application-Specific Integrated Circuits (ASIC’s) to mine digital currency with faster speeds than ever. This has shifted the market focus away from the acquisition of graphics cards and finally caused GPU prices to drop after a sustained spike.
The best news is that lower prices means more availability and accessibility for us to provide GPU’s to you. Schools, businesses, and consumers no longer have to pay an arm and a leg for these parts, and with the market shift, we can easily offer higher quality GPU’s on orders once again!
Interested in a high-quality GPU for your business-class computer? We’re happy to help! Reach out to us at 512.715.4273, or shoot us an email at email@example.com to find out more about our discounted bulk pricing.