A recent leak ensures that the Radeon RX 6800 is an Ethereum mining machine, its performance is 50% higher compared to an overclocked GeForce RTX 3090. Yes, you read correctly, the standard (non-XT) version of the Radeon RX 6800 outperforms the most powerful NVIDIA graphics card for Ethereum mining.
This may seem positive, in the end, we are talking about a graphics card that will have a $579 price tag that exceeds a model in Ethereum mining that has a $1499 price tag, but the truth is for the common user, this is bad, very bad. Let’s find out why.
- AMD launched Radeon RX 6900 XT, 6800 XT, RX 6800: specs, price, release date
- AMD Radeon RX 6800 XT leaked and it outperforms RTX 3080
- Asus ROG Strix Radeon RX 6800 XT will exceed 2.50GHz at 290W TGP
Before entering into the matter, we go with a little of historical memory. When the crypto-currency “boom” occurred, there was a huge demand for graphics cards to perform mining tasks, which caused the price of this component to skyrocket, and the stock of many models was reduced to an incredibly low level.
The sales price of the models that offered the best performance in mining, such as the RX 570 and RX 580, rose so much that it reached, in some cases, 500 dollars. The 6GB GTX 1060, GTX 1070, and GTX 1080 met the same fate, although their price increase was less marked compared to the AMD Radeon. With the bursting of the cryptocurrency bubble, the situation began a slow process of normalization that led to a situation of generational coexistence that was very detrimental to the consumer. Well, that’s the scenario we don’t want to see repeated with the Radeon RX 6800.
Radeon RX 6800: Will its selling price skyrocket?
If the rumors are true and if its performance in Ethereum mining is so good, user demand could end up being huge, and this would end up affecting the selling price in an excessive way, as it happened in previous generations.
A look at the value of Ethereum shows that, over the last year, it has skyrocketed from just over $100 to over $480, although it is currently 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 exceeds the mining performance of an RTX 3090 by 50%, its demand by the miners will be enormous.
AMD shared, at the time, a series of recommendations with retailers to prevent speculators and miners from taking over all the stock of the new Radeon RX 6000, but the truth is that its stock level is going to be quite low during its first launch phase, so everything seems to indicate that it is going to be complicated to get a unit at a good price.
Radeon RX 6800 is an Ethereum mining machine, But we hope that AMD can overcome these initial limitations of stock and manages to put in the market a good quantity of units of the Radeon RX 6000. This model plays a fundamental role because it is, from the price-performance perspective, one of the most interesting solutions of AMD.
