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Nvidia doesn’t have control over the market, Miners are the reason for high prices

Angel Kicevski by Angel Kicevski
January 20, 2018 - Updated on August 5, 2024
in News
0

After all, if everyone thinks that Nvidia is the one to blame for high GPU pricing, it doesn’t work like that. It appears that Nvidia doesn’t have any control over the market. It is not the “I” who thinks it’s smart, but yet another very popular YouTuber has claimed the same.

JayzTwoCents discovered the puzzle behind the events of a recent rise in GPUs pricings. GPUs, who lots of others claim to be the next CPUs, have advanced at a such a fast pace. Thanks to that and the rise of the cryptocurrency on the market, miners have a lot of toys to play with.

According to JayzTwoCents and his close relationship with GPU producers, claims that Nvidia doesn’t have any control over the market or whatsoever. They know why the prices are higher day by day and they cannot do anything regarding the issue. People that are mining cryptocurrency appear to make a lot of profit, but to do that successfully, they need the proper equipment.

Nowadays, “Beast” GPUs appear to hold an insane hash performance, which leaves no room but a miner to buy them to leverage his mining. Now, it seems that cryptocurrencies are still on an upward scale and it is quite discussible whether or not they will be gone. I would not like to judge it all by myself, but being a hardcore gamer it does not give me any breathing room to see GPUs at sky-high prices.

Watch JayzTwoCents video down below, and try to leverage your opinion on whether or not cryptocurrency and cryptocurrency mining is good or bad.

Tags: CryptocurrencyNVIDIA
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Angel Kicevski

Angel Kicevski

I've spent half of my life playing video games, ever since the competitive 1.6 era. Now I am happily married to Margarita Kicevski, and have two beautiful children. My goal is to deliver fresh news and updates, but most of the time I want to work on guides. Since I have rebooted this website, I am planning on making it huge. Just you wait!

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