Vega 56, the new powerful AMD GPU, gains popularity among miners

AMD, one of the biggest video card manufacturers of them all, has lately introduced a new video chip Vega 56. Turns out it was so popular it almost instantly sold out.

Vega 56 was released on Ebay and other online markets on August 28 and it looks like a huge crowd of miners from all over the world was awaiting – all available chips were sold within the first ten minutes of trading. The news about that this video card had some production issues which might stop supplies for a time being made Vega 56 even more valuable.

It would be interesting to see how this video chip, better combined with multiple copies, would perform on that ASUS B250 Mining Expert motherboard bitnewstoday.com has already described. We should expect more mining apparatus as soon as hardware manufacturers realize what prospective market they now have thanks to cryptocurrencies and general mining principles.

However, this particular GPU is very powerful (8 GB of VRAM is a force to be reckoned with), but it is not specifically designed for mining purposes. A good side effect of this is that gamers can also buy and install it for their high-performance 3D graphics rendering needs.

Image courtesy of Brad Chacos, pcworld.com