Cryptocurrency mining has been blamed for players not being able to buy a new AMD or Nvidia card, and it looks like it could last a bit longer.


An image showing an Ethereum silver coin on top of a pile of gold coins.

By now, gamers and PC enthusiasts are probably tired of hearing how the shortage continues to Nvidia and AMD graphics cards shouldn’t soften for maybe another year at least. The same goes for console gamers who are struggling to get hold of next-gen systems. When it comes to GPUs in particular, a lot of the blame has been placed on the cryptomining companies who bought shares in bulk, which leaves very little for anyone. While it would be nice to provide a silver liner, it looks like it could still be a problem for quite a while.

According to a recent report, the end of miners using graphics cards to cultivate cryptocurrency may not come until the middle of next year. This means that for many, getting hold of a new Nvidia or AMD product, or maybe even the next Intel, will be next to impossible, unless people are willing to pay sky-high prices. This latest development is due to Ethereum, as the company seeks to move away from the current standard of power-intensive and hardware-intensive mining.

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Ethereum is one of the most popular forms of cryptocurrency right now, although cryptomining can be a complicated subject for those who aren’t in the know. Essentially, when Ethereum switches to a proof-of-stake model, rather than the current proof-of-stake model, there will be less need for so many graphics cards. This should allow gaming material to once again become more freely available to the general public and gamers. However, the report goes on to say that this new model has yet to be implemented, although Ethereum has considered making the change in May.

A photo showing a series of Nvidia and AMD graphics cards on a white table.

Most of this year has been a frustrating one for those looking to purchase new hardware and new consoles. With some companies bragging about how many GPUs they’ve bought in bulk, consumers have walked away metaphorically, and also physically, empty-handed. As Ethereum makes the switch, things should start to improve as more graphics cards come back to the market. However, as the report says, it may not be for some time.

The two Nvidia and AMD have also seen tough times, being unable to meet consumer demand, especially with a global semiconductor shortage plaguing the tech world. With key industry leaders confident that the shortages may last until 2023, there is still some way to go before the GPU and the gaming sphere in general return to some semblance of normalcy, it seems. he.

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Source: PC player


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