NVIDIA Asks Retailers to Sell its GPUs to Gamers, Not Cryptominers

Bitcoin mining is getting out of hand.

Posted By | On 24th, Jan. 2018

nvidia

So, if you’ve tried to assemble your own PC any time recently, you know that prices of things like memory and GPUs have gone ridiculously high. This isn’t the usual state of things- it is happening right now because cryptominers are buying these products, including NVIDIA GPUs, to mine bitcoins, leading to a shortage of products on the market, in turn driving up demand and price.

The situation has become so bad- we’re talking GTX 1080s selling at over $1,000 apiece here- that NVIDIA has been forced to issue an advisory to retailers, asking them to sell to “gamers, not cryptominers” in Europe, and encouraging them to limit sales of products to two per customers- cryptominers usually buy a whole lot of these in a bunch.

It sounds like a fair response, but it also beggars the question of just how practical this advice is, and whether or not it will actually end up bringing the situation under control.

[Computerbase via Hot Hardware]


Tagged With: ,

Keep On Reading!

CD Projekt Rebrands Entire Company to CD Projekt Red

CD Projekt Rebrands Entire Company to CD Projekt Red

The branding decision was made in order to simplify the company's operational identity and ensure full brand c...

Marvel Tōkon: Fighting Souls Adds Loki, Blade and Deadpool as Final Launch Characters

Marvel Tōkon: Fighting Souls Adds Loki, Blade and Deadpool as Final Launch Characters

An open beta has also been announced for July 24th to 26th on PS5 and PC - just one week before the game's wor...

Memory Prices Might “Never” Come Back Down, Says Lenovo Executive

Memory Prices Might “Never” Come Back Down, Says Lenovo Executive

Martin Hiegl spoke about this during a presentation at ISC 2026 in light of high price tags for gaming console...

Grand Theft Auto 6, Mario Kart World Could Lead to More Games Priced at $80, Says Analyst

Grand Theft Auto 6, Mario Kart World Could Lead to More Games Priced at $80, Says Analyst

According to Joost van Dreunen, however, other companies will have a hard time in reaching the bar set by Gran...

Ubisoft Barcelona Employees Are Going On Strike to Protest 51 Layoffs From Restructuring

Ubisoft Barcelona Employees Are Going On Strike to Protest 51 Layoffs From Restructuring

The employees have demanded that Ubisoft not layoff anyone at the studio and follow through on promised promot...

Xbox Freezes Game Pass Deals for Third-Party Studios – Rumor

Xbox Freezes Game Pass Deals for Third-Party Studios – Rumor

Arrowhead Game Studios CEO Shams Jorjani believes that the Helldivers 2 developer might have signed its final ...