Marvell1 (OP)
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June 11, 2017, 06:16:02 PM |
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So I have been picking up 1070s , 4 every few days from Micro center, today I saw a big sign on the store door stating that from here on out only two of each card type or brand will be allowed per household EVER! Basically you cant buy two , come back in a few days and grab another two anymore.
I talked to the sales manager on duty and he stated it was a directive from the Chinese Authorities to Nvidia and AMD due to the fact that miners in China are seeing card shortages for their mega farms and since most cards are made in China and Taiwan China has changed the rules only allowing a few cards to be shipped out of the plants till further notice.
This could explain why we see the global hash-rates rising for Eth , Zec and other profitable coins when there seems to be a shortage of cards , I get the feeling they are diverting a lot of the stock that should come to stores and suppliers here since they want control of ETH just as they have controlled BTC and since ETH is a bit more decentralized due to the fact all the mining hardware is not made by one Giant Chinese company the are panicking and locking down exports.
Now you can take all this with a grain of salt but , the manager directly expressed to me that their Nvidia Rep explained it was China basically telling them that they see the Video cards exported as basically money leaving the country since they are not just for gaming they are actually tools for creating wealth so they updated the guidance accordingly.
Crazy huh? What this tells me is you should grab any and all cards you can because once these changes hit other suppliers we could see extreme limits on even Nvidia cards down the line until the Chinese mega farms have had their fill.
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