Early reviews claim AMD RX Vega GPUs are monster Ethereum miners
Crypto mining was quite profitable in Q2 and Q3 of 2017, especially considering the Ethereum mining craze that created the mid-range GPU shortage from early June. Even though the Ethereum mining difficulty has risen to the point where profits are mostly skewed and the Ethereum price seems to be stuck under $250, veteran miners continue to believe that this is just a phase and a reversal of fortune is at hand. Rumor has it that AMD’s soon to be released RX Vega 64 and 56 GPUs might just turn out to be the Ethereum mining saviors everyone was expecting.
The guys over at Overclock3D.net and Videocards.com claim to have inside information on the tremendous mining performance of the RX Vega GPUs. Overclock3D.net reports that Vega cards would offer 70-100 MH/s hashing speeds, whereas Videocardz.com reports 60 MH/s hashing speeds. This would mean that The Vega GPUs would be more than 100% faster than the cost effective GTX 1060/1070 and Fury cards that provide around 25-27 MH/s.
The performance gain seems to be relying more on the VRAM that comes with the Vega cards and less on the GPU clocks. All Vega GPUs integrate 8 GB of HMB2 VRAM that offers memory bandwidths of almost 500 GB/s. All this combined with the reasonable prices for the Vega GPUs could lead to another GPU shortage. The Vega GPUs will be released in 10 days, so it would probably be wiser for miners to just wait and see official results before pre-ordering too many of these cards.