When it comes to the Ryzen 9 7950X, many people know that it is the flagship model in the AMD Ryzen 7000 series and is considered a performance powerhouse by many. However, here’s some bad news: this processor is likely to see a price increase.
The reason is simple: the Ryzen 9 7950X has recently caught the attention of cryptocurrency miners—yes, you read that correctly.
At this point, readers might have several questions: First, hasn’t cryptocurrency mining become unprofitable and nearly extinct over the past few years? Why are people still doing it? Second, isn’t mining primarily dependent on graphics cards? What does it have to do with the processor? Third, why are miners favoring AMD’s flagship processor over Intel’s, like the Core i9-14900K?
Let’s address these questions one by one:
Cryptocurrency (mainly Bitcoin) did go through a quiet phase in the past couple of years, with rising costs, including electricity, and diminishing returns. Indeed, many miners had ceased operations.
However, as the saying goes, “times change.” Recently, Bitcoin prices have surged again, breaking through the $70,000 mark. The last time I wrote about Bitcoin, its price was around $30,000.
Amidst these circumstances, a new wave of mining has emerged.
“Mining” essentially involves using computational power and algorithms to solve complex mathematical models. While most cryptocurrencies are better mined with GPUs rather than CPUs, there are exceptions, including QBIC, which is discussed in this article.
Technically, QBIC can be mined using either CPU or GPU. However, cost considerations, particularly power consumption and electricity costs, are crucial. (Particularly Qbic, it is said that mining with Ryzen 9 79950X can earn about 3 US dollars per day (approximately 21.5 RMB), which is more than double that of mining with GPUs. This is “thanks” to its 16 cores and support for the AVX-512 instruction set, which Intel has not supported in the past two years. As a result, the Ryzen 9 7950X has been in high demand, leading to shortages and even stockouts in many parts of the world, and it has become very difficult to purchase in China as well.)
In this regard, the Ryzen 9 7950X has a significant advantage over competitors like the GeForce RTX 4090. Ignoring the initial purchase cost and focusing solely on profit and power consumption, mining with the Ryzen 9 7950X for 24 hours can yield about $3 in profit, with a maximum power consumption of 170W.
In contrast, mining with the GeForce RTX 4090 can yield about $1.9 in profit, with a maximum power consumption of 450W, 2.6 times that of the Ryzen 9 7950X. Thus, for mining QBIC, the overall value for money is much better with the Ryzen 9 7950X than with the GeForce RTX 4090.
So, why do miners specifically target AMD’s Ryzen 9 7950X and not Intel’s Core i9-14900K? This is due to another significant advantage of the Ryzen 9 7950X: it supports the AVX512 instruction set, which is crucial for mining QBIC. Intel, on the other hand, has discontinued support for this instruction set in its recent consumer processors.
In summary, compared to the GeForce RTX 4090, miners find the Ryzen 9 7950X to be more cost-effective for mining QBIC. Since Intel’s processors don’t support the necessary instruction set, they are not considered, making the Ryzen 9 7950X an even more attractive option.
Therefore, given the current trend, the likelihood of a price increase for the Ryzen 9 7950X is quite high, and interested buyers should consider purchasing sooner rather than later.
Note: The main purpose of this article is to share the latest technology news and is not intended to promote cryptocurrency mining. Please treat this content with caution; it is for reference only.
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