The cryptocurrency mining boom resumes – Earnings on AMD processors

The situation in the cryptocurrency market is becoming more and more interesting, which may encourage you to get old equipment out of the closet, assemble a cryptocurrency miner and earn money. The new AMD processors, which have begun to disappear from American stores, are performing exceptionally well here.

The price of Bitcoin is breaking new records, and other cryptocurrencies are also rising. This situation may encourage many to assemble an installation and mine cryptocurrency. However, we are not talking about video card-based mining, as it was during the previous cryptocurrency boom. People started investing in gaming processors.

Mining cryptocurrencies on AMD Ryzen

According to the WCCFTech website, enthusiasts have recently become interested in the Qubic cryptocurrency (QBIC) — although its cost is only 0.00000915 usdt, with the right equipment you can mine a lot of coins and make a big profit.

AMD Ryzen 7000 processors work exceptionally well here, as they support the AVX-512 instruction set and provide higher mining efficiency (which is not offered, for example, by competing Intel Core models of the 12th, 13th and 14th generations).

The top model — AMD Ryzen 9 7950X with standard settings (TDP 170 W) allows you to "cleanly" earn $ 3 per day (i.e. about $ 90 per month). However, iron can be further optimized and power limits can be reduced, for example, to 65 or 95 watts, which will lead to increased energy efficiency and increased profits.

This processor provides 2 times more efficiency than top-end graphics cards. It is much cheaper than top-end video cards, but only one system can be installed in one "excavator" (unlike miners based on video cards).

People rushed to buy iron

The growing popularity of cryptocurrencies is leading to an increase in interest in AMD hardware.

Users note that in the United States, people began to massively buy AMD Ryzen 9 7950X processors. The problem is so serious that there is a shortage of equipment in stores.

It is unknown how long the cryptocurrency mining boom on AMD processors will last. However, the forecasts do not look very optimistic, because the next generation of systems may be even more attractive to miners.

Some argue that the next generation of processors (based on the Zen 5 architecture) will bring a twofold increase in performance in applications using AVX-512. This can mean much greater profitability and an even greater fascination with cryptocurrency miners.

It is even proposed to introduce special versions of Zen 5 processors with limited mining performance (as was the case with GeForce RTX 3000 LHR graphics cards)