PC Gaming @lemmy.ca alessandro @lemmy.ca 4 mo. ago

AMD Ryzen 9 7950X CPUs Are Out of Stock Thanks to Crypto Mining

www.extremetech.com AMD Ryzen 9 7950X CPUs Are Out of Stock Thanks to Crypto Mining

The CPUs are now more coveted than an RTX 4090.

40 comments

This is provably false
- And who the hell mines on CPU? Can't mine anything worthwhile on gpus anymore, let alone CPU.
  
  Lots of coins are CPU only
  
  Monero is far more efficiently mined with a hefty CPU and plenty of cores instead of a GPU.
  
  I wish crypto would move away from POW; every new coin still uses it, and it's the biggest reason for all of the hate crypto currency gets. But, most coins are people with scarce programming skills, just copying Satoshi's work, hoping that their shitcoin will get some traction and they'll be able to cash in before it collapses.
Is crypto still a thing? Honestly who is buying into that?
- I've got a cousin who's perpetually bankrupt. He's super into Crypto. He's a self-crafted crypto investment professional in fact.
- Bit has gone from 12k to 70k in the last year bro.
  
  That was all thanks to me.
  I finally dumped what i had because i came to the conclusion crypto isnt really a part of the future and doesnt do anything... Finally got round to selling it, so of course it hits a record high.
  
  That doesn't mean it has any value. It's still mostly useless as a currency.
- People never learn
  
  We had a global pandemic and there are still people afraid of vaccines
They are in stock on Amazon?

Don't see a SKU for them on microcenter's site.

In stock on newegg (ew) as well.
- What's wrong with Newegg?
  
  Were originally at the trust levels of Microcenter, they sold out to some Chinese holdings company which was around when they decided to add the "marketplace". It's now a shadow of it's former self and I wouldn't trust them to send me a pack of M&Ms, let alone expensive PC parts.
  
  They enshittified a long time ago. Got into a race to the bottom with Amazon and lost.
Permanently Deleted
Typical miners ruining everything for everyone.
- Ya, first coal, now this
  
  Not what I was going for but sure.
Aren't GPUs better at mining?
- Not anymore. Bitcoin now requires dedicated hardware (ASICs). Other coins were designed to make use of ASICs impossible or impractical, requiring GPUs, but those still require a CPU to drive them.
  
  New developments, such as Ethereum moving away from proof of work to proof of stake made GPUs unnecessary, but you still need a computer with a CPU to validate the blocks on the block-chain.
  
  Edit: Even with ASICs mining bitcoin, you still need servers to distribute the work to them.
  
  need a computer with a CPU
  
  So, like... a computer.
  
  so the calculations are done on the cpu now?
  
  is that why the powerful chips are being bought?
- It's for things like Monero, I think.
- you have different methods of calculations for different types of crypto. most use gpu calculations, some may favor cpu calculations. there are a handful that do so using hard drives for instance.
I WANTED TO BUY THAT THING NEXT WEEK :(
- Looks like it's still in stock, as per a comment above. This article is false.
I had 9 bitcoin in 2011. Still can't remember the password.
- Hah. I stored mine in a password less local wallet; I honestly can't remember if encrypted wallets were available when I got mine - at the time, Satoshi was still giving out coins for free if you emailed them. Really, really lucky choice, because I then completely forgot I had any for 10 years until they popped up in the public news. I'd been copying ~ from computer to new computer reflexively for that entire time... it was utter luck that, when I went to check, sure enough ~/.bitcoin was there, with a positive wallet balance. Not enough to retire, but enough to be able to retire a couple of years early.
  
  It's encrypted now, and I unlock it every once in a while to ensure I can, but I'm otherwise still ignoring it. As an investment, it's done far better than any other of my $ invested in the stock market, bond, IRA, or 401k... but I think as a get-rich-quick scheme, it's been over-rated.
I literally just bought one of these in Sydney.

https://www.msy.com.au/product/amd-ryzen-9-7950x3d-am5-4-2-ghz-cpu-processor-68895
Well glad I snagged mine last November with a Microcenter bundle deal +5% store card savings 🥺😅.

You've viewed 40 comments.