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Nvidia is trying to let its chips be used for cryptographic mining

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The battle against high-power silicon between the worlds of video games and cryptocurrencies erupted on Tuesday as chip maker Nvidia intervened to prevent its most popular graphics cards from being used in cryptographic mining.

The move was designed to alleviate the severe shortage facing video gamers and highlights the rising demand for cryptocurrency fans as prices rose this year.

Nvidia said so deliberately limiting the capabilities of the most popular video game cards to be useful in making calculations needed to validate transactions on the etereum network.

Known as mining, it solves a complex problem in exchange for parts of tokens – ether prices (tokens used in the network) are becoming more and more attractive as they rise.

Nvidia’s graphics processing units or GPUs were first designed to meet the demands of real-time video rendering, given the large amount of data that needs to be processed at the same time. Since then the technology itself has been adapted to become an artificial intelligence plant, one of the most data-intensive computing tasks, as well as crypto mining.

Although growth and profits have increased, crypto demand has created a problem for Nvidia, as many of the most dedicated video gamers who have long been its core customer have been unable to buy the latest graphics cards.

Nvidia’s earnings are also increasingly tied to major fluctuations in the cryptocurrency markets, which led to a rise and crash when the price of the crisis fell from the last rise in 2018.

Restricting the use of graphics cards could help encourage more cryptocurrencies to buy a new family of chips that Nvidia started this year, known as Cryptocurrency Mining Processors.

Video game cards can be more easily adapted to ether mining than bitcoin, with the Ethereum network having about 90 percent of the crypto rewards that can be earned using reused GPUs, according to Nvidia.

Nvidia has a challenge to prevent cryptographic miners from using their game cards without completely moving away from GPUs, said Patrick Moorhead, an analyst at Moor Insights & Strategy. He added that the deficit management so far suggests that it has achieved the right balance.

Tom’s Hardware Guide, which has recently put different graphics cards at its own pace, judge The best Nvidia RTX 3080 and 3090 to exploit ethereum tokens “with a fairly large margin”. The price of tokens has risen nearly sixfold since the start of the year before falling back, putting a value of nearly $ 400 billion on the entire supply of currency, or half of bitcoin.

The company played earlier this year to limit the capacity of one of its cards, the RTX 3060. It said on Tuesday that it was also limiting the last 3080 and 3070 cards, which are aimed at the most serious players, as well as the last ones. Version 3060.

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