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The battle for high-power silicon between the world of video games and cryptocurrencies escalated on Tuesday, while chip maker Nvidia stepped in to prevent its most popular graphics cards from being used for cryptographic mining.
The measure was designed to alleviate a severe shortage facing video games and highlights the booming demand for cryptocurrency enthusiasts as prices rose this year.
Nvidia said yes deliberately limiting the capabilities of your most popular video game cards to make them less useful for performing the calculations needed to validate transactions on the ethereum network.
Known as mining, this involves solving a complex problem in exchange for testimonial fractions, which has become increasingly attractive as ether prices have skyrocketed, tokens being used in The net.
Nvidia graphics processing units, or GPUs, were designed to meet the demands of rendering video images in real time, a challenge given the large amount of data that needs to be processed simultaneously. Since then, the technology itself has adapted to become the workplace of artificial intelligence, one of the most data-intensive computing tasks, as well as cryptographic mining.
Despite causing increased growth and profits, the demand for cryptography has created a problem for Nvidia because many of the more dedicated video games that formed its main customer base for a long time have not been able to buy the newest graphics cards.
Nvidia’s gains have also been increasingly linked to huge changes in cryptocurrency markets, which has caused a boom and a drop when the price of cryptocurrencies fell from its last rise in 2018.
Limiting the use of graphics cards could also help drive more crypto enthusiasts to buy a new family of chips that Nvidia launched earlier this year, known as cryptocurrency mining processors.
Video game cards can be more easily adapted for ether mining than bitcoin, with the ethereum network accounting for approximately 90% of the cryptographic rewards that can be earned using reused GPUs, according to Nvidia.
Nvidia faces a challenge to prevent cryptographic miners from using their gaming cards without completely moving them away from GPUs, said Patrick Moorhead, an analyst at Moor Insights & Strategy. His treatment of the deficiency so far suggests he has struck the right balance, he added.
Tom’s hardware guide, which has recently put different graphics cards in its footsteps, judged Nvidia’s RTX 3080 and 3090 are the best “with a fairly large margin” for tab extraction in ethereum. The price of tokens has multiplied by almost six since the beginning of the year before a recent withdrawal, which put a total value of about $ 400 billion in the total supply of the currency, or the half of bitcoin.
The company acted for the first time this year to limit the capacity of one of its cards, the RTX 3060. On Tuesday it said it was also limiting the latest 3080 and 3070 cards, aimed at the most serious players as well as the latest ones. 3060 version.
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