And during the boom, they did not attract miners at all.
The publication of a fresh report by Jon Peddie Research last week let us know that in the third quarter of this year, AMD’s share in the graphics solutions market decreased to 12%, and in the discrete graphics segment it decreased to 8%, while NVIDIA controlled all 88%. Colleagues from the 3DCenter website traditionally meticulously maintain continuous statistics of changes in this area, and according to the results of the third quarter, they are ready to say that for AMD this was the worst result since the fourth quarter of 2020, when its share in the discrete graphics solutions market decreased to 17%. At that moment, by the way, the cryptocurrency factor began to influence the demand to a certain extent.
Image Source: 3DCenter
According to the source, AMD’s share in the discrete graphics segment began to fall this year precisely with the end of the fresh wave of the cryptocurrency boom. If in 2017-2018 AMD GPUs were still of some interest to miners, then in 2020-2021 they were in demand mainly by gamers, who in some cases simply tried to replace them with NVIDIA video cards that were not on sale.
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As soon as the latter began to return to sale after miners’ interest in them decreased, the share of AMD products began to decline rapidly: from 24% in the first quarter to 10% in the third. Apparently, pent-up demand also had an effect: some gamers did not want to buy AMD products at any price and were waiting for an opportunity to spend money on the NVIDIA video cards they needed.