#Nvidia, the manufacturer of the famous graphics card #GeForce, stated that the new graphics card models, which were previously fought by miners and players, were produced only for gaming. The company wants its new products not to be bought by cryptocurrency miners.
Nvidia purposely restricted some features in the RTX 3070 and 3080, as was the case with the GeForce RTX 3060 card, which was bought in a scramble period specifically for Ethereum mining.
🚩They just want players to take it
The company wants these graphics cards to be purely devices used by players and not for cryptocurrency miners to buy them.
🚩Separate chips will be produced for miners.
Recently, cryptocurrencies have become the focus of attention of small investors, which has led to an increase in individual mining. Nvidia's GeForce graphics cards were also bought and consumed by miners, especially during the winter months. According to Bloomberg's report, the company then restricted some features of the GeForce RTX 3060. Nvidia will now also produce a graphics card with a special chip for cryptocurrency miners.
🚩The increase in demand had a bad effect on Nvidia after a while.
This is not the first time that Nvidia has experienced such a situation. The company experienced an explosion in demand for graphics cards during the bull season of 2017. However, the increase in price caused the number of miners to proliferate, and then these miners to leave the playing cards and switch to cards with much higher performance chips. After that, the great demand for companies such as Nvidia suddenly stopped, second-hand graphics cards covered the market and the products produced were left behind. The CEO of the company, Jensen Huang, who gained experience from these developments, is also cold to the miners attacking the graphics cards for these reasons.
🚩No effect on game performance
In fact, the company, which lowered its sales expectations in November 2018, later experienced a loss in share values with the sales of its investors. The value of the company's stocks had fallen by 20 percent in 2 days. Therefore, to avoid such a blast-collapse effect, the company has restricted some graphics card chips and made them much more ineffective for mining. However, graphics cards will continue to perform at full performance for the game.
🚩The second-hand market will be intervened with the new chip
CEO Huang, on the other hand, predicts that thanks to the new chips that they will produce only for miners and which will be difficult to play, when users want to switch to a higher-end chip, they will not be able to affect the second-hand market as in the past, so there will be no decrease in demand for them.