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\n<\/p>\n
But in the last few months, it has become harder to find a high-end Nvidia chip in stock. PC gamers are constantly on the lookout for new hardware and find it increasingly difficult to buy new parts. While the global semiconductor shortage is partially responsible for the vacuum, crypto miners are one of the main reasons behind the sudden yet prolonged shortage.
\n<\/p>\n
\n
Cryptocurrencies<\/a> like
\nMiners have hoarded all the supply of chips they could, and legitimate users are left in the lurch. Nvidia
\n
“RTX 3060 software drivers are designed to detect specific attributes of the
\nEthereum<\/a> cryptocurrency mining algorithm and limit the hash rate, or cryptocurrency mining efficiency, by around 50%,\u201d Nvidia’s said.\n<\/p>\n
There’s a unique lineup for mining equipment by Nvidia, and it’s called Cryptocurrency Mining Processor (
The shortage is so
\nacute<\/a>, that many vendors in the US and Europe are forced to use a lottery or randomised token system to sell these GPUs. The grey market has picked up massively and cards are selling at a premium that can be upwards of 100%.\n<\/p>\n
The process of mining is also the primary reason why Tesla
\nwalked away<\/a> from Bitcoin payments. The mining process requires a lot of energy, which is usually generated from fossil fuels — ultimately defeating the purpose of getting a green Tesla.<\/p>\n
SEE ALSO:
Cryptocurrency crash brings down Binance, WazirX and other exchanges \u2013 users fume as orders fail<\/a>
A cup of regular tea has never been this expensive in India, thanks to kooky weather<\/a>
<\/strong>
\nThe first seat on Jeff Bezos\u2019 rocket to space is selling for a record high of $2.8 million<\/a>
\n<\/p>\n<\/div>\n
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