The Radeon RX 6800 is an Ethereum mining machine

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A recent leak claims that the Radeon RX 6800 is an Ethereum mining machine, so much so that its performance is 50% higher compared to that offered by an overclocked GeForce RTX 3090. Yes, you read that right, the standard (non-XT) version of the Radeon RX 6800 outperforms Ethereum’s most powerful NVIDIA graphics card.

I know a priori this may sound good, in the end it is a graphics card that will have priced at $ 579 and this beats Ethereum mining a model that costs $ 1,499, but the truth is, for the common user, this is bad, very bad. Let’s find out why.

Before we get into the subject, let’s go with a bit of historical memory. When the cryptocurrency “boom” occurred A huge demand for graphics cards was generated to perform mining, which made the price for this component it would shoot enormouslyand that the stock of many models has been reduced to an incredibly low level.

The selling price of the best performing models in mining, such as RX 570 and RX 580, it has risen in such a way as to reach, in some cases, 500 euros. The 6GB GTX 1060, GTX 1070 and GTX 1080 suffered the same fate, although their price increase was less marked than AMD’s Radeon. With the bursting of the cryptocurrency bubble, the situation has started a slow process of normalization that has led to a situation of generational coexistence that is very harmful for the consumer. Well, that’s the scenario we don’t want to be repeated with the Radeon RX 6800.

Radeon RX 6800

Radeon RX 6800: will its sale price skyrocket?

If the rumors are true and your Ethereum mining performance is that good, your request could end up being huge, and this would end up having a disproportionate impact on the selling price, as was the case with previous generations at the time.

Taking a look at the value of Ethereum we see that, in the last year, it has skyrocketed and it went from just over $ 100 to breaking through the $ 480 barrier, although at the moment it is around $ 450 per unit. If we put all this in context, the conclusion is clear, mining is very profitable and if the Radeon RX 6800 outperforms the mining performance of an RTX 3090 by 50%, its demand from miners will be huge.

AMD shared a number of recommendations with retailers at the time to prevent speculators and miners from taking over the entire stock of the new Radeon RX 6000, but the truth is that the inventory level will be quite low during its first launch phase, so everything seems to indicate that it will be difficult to get a unit for a good price.

Hopefully, AMD can overcome those initial stock limits and get a good number of Radeon RX 6000 units to market as soon as possible, as this would allow you to take advantage of the Christmas campaign to regain market share in the GPU sector. In this sense, the Radeon RX 6800 plays a fundamental role because it is, from a price-performance point of view, one of the most interesting solutions from AMD.

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