A rumored second wave of crypto mining insanity is coming

NVIDIA reportedly warns AIB partners of a second cryptocurrency mining boom.

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6 minutes & 45 seconds read time

We all remember how insane the first wave of cryptocurrency mining was, with graphics cards sold out across the world and gamers being very, very mad about it.

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Well, it looks like we could be preparing to see a second wave hit us very soon. The folks at MyDrivers are reporting that NVIDIA send out an internal notice to their AIB partners telling them to expect a boost in demand as cryptocurrency mining is growing, again.

We also just heard that NVIDIA is reporting ending their GeForce RTX 2080 Ti, GeForce RTX 2080 SUPER, GeForce RTX 2070 SUPER, and GeForce RTX 2070 -- all leading into the warm, welcoming arms of the Ampere-based GeForce RTX 30 series which should drop in September.

More reading:

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  • Traversal coprocessor: We have had more leaks on NVIDIA's next-gen GeForce RTX 3000 series than any family of graphics cards before it, with an interesting "traversal coprocessor" on the new GeForce RTX 3080 and GeForce RTX 3090 graphics cards. You can read more on that here.
  • How fast is the GeForce RTX 3090? Freaking fast according to rumors, with 60-90% more performance than the current Turing-based flagship GeForce RTX 2080 Ti. We could see this huge performance leap in ray tracing titles, but we'll have to wait a little while longer to see how much graphical power NVIDIA crams into these new cards. You can read more on those rumors here.
  • Power hungry: As for power consumption, GA102 reportedly uses 230W -- while 24GB of GDDR6X (which we should see on the new Ampere-based TITAN RTX) consumes 60W of power. You can read more on that here.
  • Production begins soon: NVIDIA is reportedly in the DVT (or Design Validation Test) range of its new GeForce RTX 3000 series graphics cards. Mass production reportedly kicks off in August 2020, with a media event, benchmarks, and more in September 2020 as I predicted many months ago. More on that here.
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I've already written about rumors that NVIDIA's next-gen Ampere GPU architecture would be up to 75% faster than current-gen GPUs such as the Turing architecture, right after rumors that Ampere would offer 50% more performance at half the power of Turing. This is pretty crazy stuff right there.

Not only that, but we've got some rumored specs on the purported GeForce RTX 3080 and GeForce RTX 3070 graphics cards, which will both be powered by NVIDIA's new Ampere GPU architecture.

We've already heard that Ampere would offer 50% more performance at half the power of Turing, which sent the hairs on my neck standing up. Better yet, you can read about the leaked specs on the purported Ampere-based GeForce RTX 3080 and GeForce RTX 3070 right here.

Even more reading:

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Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering and has recently taken a keen interest in artificial intelligence (AI) hardware.

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