The latest report from Jon Peddie Research shows that year-to-year total GPU shipments increased 6.4%, desktop graphics increased 5%, and notebooks increased 7%. Shipments of discrete GPUs actually saw a dramatic increase in Q2 due to cryptocurrency mining: it’s the largest we’ve seen in over two decades.



Ethereum uses a different hashing algorithm to Bitcoin, which makes it incompatible with the special hashing hardware, ASICs, developed for Bitcoin mining. Ethereum’s algorithm is known as Ethash. It’s a memory-hard algorithm; meaning it’s designed to resist the development of Ethereum-mining ASICs. Instead, Ethash is deliberately best-suited to GPU-mining. As long as Bitcoin process keep going up, new people will be attracted to the mining market. It will eventually flatten out because the ROI just won’t be there. At that point AIB sales for mining will roll off, and we may even see some dumping by the marginal players/miners. And there still is the social issue of what kinds of transactions the miners are verifying.

Discussion

Source: [H]ardOCP – Overall GPU Shipments Increased 7.2% from Last Quarter