AMD Ryzen 9 7950X is out of stock due to a resurgence in cryptocurrency mining

As crypto prices soar, miners have shifted their focus from GPUs to CPUs, particularly the Ryzen 9 7950X, which is now more profitable for mining than the RTX 4090 GPU. This CPU’s advantage comes from its support for AVX512 instructions, which are crucial for mining a cryptocurrency called Qubic. Intel’s decision to disable AVX512 in its newer CPUs has made AMD’s offering even more attractive to miners. The Ryzen 9 7950X not only has a lower power consumption compared to the RTX 4090 but also offers a higher return on investment, with miners earning nearly double the amount from the CPU. This situation echoes a previous trend from 2021 when AMD CPUs were targeted for their large L3 cache by Raptoreum miners. The tech community is now watching to see how the crypto market’s volatility will further impact hardware availability and prices.

Read more at: www.extremetech.com

Home