The
mining craze reached a point where the prices of these graphics cards became incredibly expensive. The target audience for which the cards were built (gamers) were unable to buy high-end graphics cards at a reasonable price.
The sales of mining GPU has slowed in the past few months. An agreement was reached between AMD and other manufacturers such as Asus, Asrock, and Saphire to design mining equipment and integrate
AMD graphics cards
. This agreement can help in providing a more specific and efficient use-case for blockchain technology.
AMD currently finds itself in a favorable position where it can utilize its expertise and market position on combining the best CPU and GPUs to make it better suited for
blockchain technology. AMD is offering cards for mining ranging from $150 to $220.