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Just a day before Gamescom 2018 - the annual international computer games show traditionally held in the German city of Cologne - Nvidia and its head Jen-Hsun Huang presented a long-awaited new generation of GPU. The new 20-series of graphic cards stand under the RTX index.

Information about graphic accelerators has already appeared on the official website of Nvidia. The RTX series video cards are built on the new architecture of Nvidia Turing. The video cards will go on sale on September 20. RTX 2080 Ti will cost $999, and RTX 2080 will cost $699.

More affordable RTX 2070 will go on sale later and will cost $499. At the same time it is more productive than Titan XP.

Nvidia Sees Decrease in GPU Demand for Mining

WHY IS IT IMPORTANT?

  • Cryptocurrency courses regularly fluctuate in one direction or another. And the demand for mining equipment regulates pricing. As soon as the GPU starts to stand out in terms of profitability, it instantly becomes scarce, and the prices for it soar.
  • Miners always have a choice to buy ASIC or to build a GPU farm. In this case, video cards have a number of advantages. They are all available in stores. Such farms can be placed at home. They do not make a noise and do not get very warm. Video cards can always be sold: all components, as they are used in conventional computers and are in demand among gamers.
  • At the same time Nvidia earlier reported a decrease in sales of video cards for mining. The revenue from the sales of GPUs in the second quarter was $2.66 billion, which is 40% more than in the same period last year. However, compared to the previous quarter, this indicator is less by 4%.
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