Nvidia restricts the use of its gaming chips for cryptocurrency mining.

Bad news for miners , Good news for gamers .

-Nvidia has announced that its GeForce RTX series graphics cards will now have reduced cryptocurrency mining capabilities.

-The GPU units have seen an increased use for cryptocurrency mining over the past few months.

-The increased demand due to crypto mining is leaving gamers devoid of a chance to buy the new Nvidia GPUs.

-Nvidia has announced that it is limiting the capabilities of its latest RTX 30 series graphics cards such that they can’t be used for cryptocurrency mining. The move comes amid the shortage of graphic card units for the company’s major consumer base of gamers.

Nvidia stated that the move is deliberate and will cut back on the cards’ ability to perform calculations for validating transactions on the Ethereum network. The decision highlights how cryptocurrency miners have turned to gaming chipsets for carrying out mining operations.

The company noted how its video gaming cards can be easily adapted for mining Ether over Bitcoin. Since Ethereum has seen substantial growth in the market since the start of the year, such repurposed GPUs are even more in demand by miners of the cryptocurrency.