There has been a significant increase in the use of virtual currency mining, which has caused a shortage of CPUs in the market. According to TechSpot, the virtual currency mining community is in a hurry to purchase all the AMD Ryzen CPUs, leading to an unbalanced market. A sudden increase in demand for AMD Radeon graphics cards has caused this scarcity. In China, the value of major virtual currencies such as Bitcoin and Ethereum is growing rapidly.
The Ryzen 9 7950X processor from AMD is currently experiencing a shortage in some regions. This line of CPUs has been wiped off store shelves because it supports the AVX2 instruction set, which is considered the backbone of virtual currency mining systems, along with impressive overall performance. Another reason why virtual currency miners prefer the 7950X is because it is more effective and profitable than NVIDIA’s expensive GeForce graphics card.
Recently, a well-known leaker on social media had to admit that the 7950X is the “king” in virtual currency mining and endure the out-of-stock situation of this product after much discussion.
The situation may worsen when AMD puts Zen 5 CPUs into mass production later this year. The next-generation AMD chip architecture will provide twice the AVX2 performance compared to Zen 4, which is desirable for cryptocurrency miners. AMD Radeon graphics cards are also scarce in China because the US banned the export of NVIDIA graphics cards to this country.
