The first Nvidia mining GPU appeared officially online with the announcement of the Gigabyte CMP 30HX card, bringing the crypto mining processor a step closer to the consumer market.
Although Nvidia announced its new CMPs months ago, we have yet to see an official launch of the new cards by Nvidia or its partners. Nvidia said that its first two CMPs, the 30HX and 40HX, would be launched in the first quarter of its 2022 fiscal year, which ends in May, so these cards would be launched soon after.
The 30HX CMP is Nvidia's entry-level crypto-mining board with the lowest hash rate, 26 MH / s, of any of the CMPs announced so far. Such as VideoCardz notes, the Gigabyte CMP 30HX is built with a Turing TU116-100 GPU, 6GB GDDR6 RAM and 1.408 CUDA cores, so the card is essentially a modified Nvidia GTX 1660 Super.
Unfortunately, there is nothing on the Gigabyte product page for the CMP 30HX about price or availability. As soon as this information comes out, we will update our readers.
Nvidia's CMH 30HX and 40HX will begin to hit the market. Will they make noise?
With the official announcement of the new Gigabyte CMP 30HX, Nvidia Mining GPUs are starting to hit the consumer market. So far, the two cards we've seen from Gigabyte and Palit online - both 30HXs - haven't been the most impressive hardware we've ever seen, to say the least.
With a hash rate of 26MH / s, the 30MX outperforms cards like the Radeon RX 480 and GTX 1070 Ti, which are much more readily available and are cheaper than the prices we've seen for the 30HX so far.
All of that can change, however, if the MSRP for the 30HX and the next 40HX are priced much more competitively than these other cards. Ultimately, cryptominerators are concerned with making money, which means recovering the initial investment in graphics cards.
It can take almost an entire year for miners to break even with an RTX 3090 or RTX 3080, given the obscene prices we see online, especially from resellers, here in Brazil or even importing. What is the use of the much higher hash rate of these cards if you end up losing money on them? Ethereum and Bitcoin prices are highly volatile, so the faster a miner manages to break even the break-even mark and start making a net profit, the more attractive the card will be.
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Now that Nvidia's CMP 30HX and CMP 40HX are starting to hit the market, we hope we can finally see what kind of investment these cards will require. If the first prices we saw online are for any indication or parameter, the signs are being valued at around $ 720 (about R $ 4044,46, in direct conversion and without taxes) by retailers that have been seen so far.
Without an MSRP from Gigabyte or Nvidia, we don't know if that price is close to the value that consumer cards will be sold at major retailers and importers. If Nvidia and its card partners flood the market with very cheap CMPs until their most powerful CMPs based on Nvidia Ampere GPUs are launched (later this year), it can make all the difference in the success or failure of these cards, whether in your impact, supply and the sale and consumption of video cards in general.
What remains for us is to hope that the plates fall to a lower and fair price, so that we can enjoy their use.