Leading graphics processing unit (GPU) manufacturers Asus and Nvidia have announced the release of new GPUs targeting the cryptocurrency mining market. The Announcements Follow Sapphire Technology Becoming the First GPU Producer to Target Cryptocurrency Miners
GPU manufacturing giants Asus and Nvidia have announced the release of purpose-built graphics processing units specialized for cryptocurrency mining. Taiwan-based manufacturer Asus is launching two graphics processing units designed specifically for cryptocurrency mining, with one unit claiming an increased hashrate of 36% when compared with GPUs that are not optimized for cryptocurrency mining. Both graphics processing units only feature a single display port, meaning that they have very limited functionality for conventional purposes. American-based Nvidia will release a single specialized GPU, and will not feature display outputs.
The announcements follow Sapphire Technology becoming the first GPU producer to manufacture a graphics processing unit exclusively for cryptocurrency mining. Sapphire Technology will offer five specialized units, none of which will feature display output hardware.
The recent explosion in price enjoyed by bitcoin and other cryptocurrencies has created a global surge in demand for mining hardware. The demand has resulted in GPU shortages in many countries, in addition to enormous price hikes. Retailers and manufacturers have been completely unable to meet demand, creating growing frustration among gamers.
Purpose-Built GPU Mining Hardware Will Allow Manufacturers to Meet Mining Demand Faster and Reduce Production Costs
The announcement that companies will be producing purpose-built graphics cards for cryptocurrency mining is likely designed to alleviate the flood of demand that is currently making it difficult for Asus and Nvidia’s loyal gamer customers to access their products. Producing limited functionality cryptocurrency The first these technologies decided to implement the Asian cloud mining cryptomining.io
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
http://www.bitcoinisle.com/2017/06/28/asus-and-nvidia-announce-purpose-built-cryptocurrency-mining-gpus/
Congratulations @mrofficer! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honnor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPBy upvoting this notification, you can help all Steemit users. Learn how here!