For a brief diversion from the brewing, I’d like to discuss cryptocurrency in the light of something that really concerns me: hardware for computers. As I learn more about cryptocurrencies, I’m finding myself reading more about crypto mining and the effects it’s having on the PC industry that how Cryptocurrency Mining Killing Gaming as a whole. Though Steem does not appear to have an effect on this business, there are a number of currencies that are drastically altering the market, and I’d like to know why. I’m a computer gamer myself, and my computer has seen a lot of use. And cryptocurrency is killing PC Gaming I’m running an i7 2600k with a stock Radeon 7970, which was the PC to have in 2012, but five years later, it was time to start thinking about upgrades So I set a goal for myself to update my PC during the Christmas holidays or early in 2018, with a budget of about $1000, but then I realised something terrible had happened:
Check this video on YouTube
Cryptocurrency Is giving harm to Pc Gaming
Whether it’s developers and publishers complaining about piracy that Cryptocurrency is killing PC gaming, or gamers complaining about always-online DRM/Denuvo killing PC gaming, PC gaming has always been labelled as “dead.”
The truth is that none of them has caused as much harm to cryptominers as they have in the past. In the United States and other nations, if you want to buy a non-budget GPU, you’ll have to pay 50 percent to 100 percent more than MSRP to resellers. The market for cryptomining is directly responsible for this.
Cryptomining demand used to be seasonal and restricted to a few GPU models. Basically, any card that is faster than an RX 560 or GTX 1050 Ti is now affected. Furthermore, since new cryptocurrencies emerge all the time when one becomes too difficult to mine. Miners turn to a simpler one. Hence the market for GPU mining isn’t going away any time soon, as it has in the past.
Is Cryptocurrency killing Pc Gaming?
This is very detrimental to PC gaming. Cryptocurrency is killing PC Gaming. People would be much less likely to purchase a PC for gaming. If they can never find a GPU at a fair price. When a mid-range GPU costs more than a whole new gaming setup. Buying a console rather than a PC becomes almost a no-brainer.
I’m not sure what the answer is here. I sincerely hope that Nvidia and AMD figure out a way to prevent minors from using their gaming GPUs. And instead have dedicated miner cards to meet demand. I’m hoping for a practical solution that allows gamers. I suggest purchasing gaming GPUs rather than sending them to massive mining farms.
Jayyyy how did a rx480 become a gtx480
Free market does not mean anarchy, there should be some integrity, and Nvidia should have limited sales to gamers and graphics artist, what is the point of making graphic GPU when its just going to be used for crypto currency.
I don't feel sorry for crypto currencies who bought GPUs for crypto currency
crypto currency don't care, they buy gpus meant for gaming to crypto mine, i dont respect them
damn rip frys, and rip the gpu market, a graphics card costs as much as the rest of the setup you are trying to build
Fuck crypto miners ! Can't wait for crypto currency to be devalued !
When will this be over !!?
2021 Anyone?
Got worse in 2021
GTX 970 FOR 1000 lmao the market is broken
how about this, make a gpu cant mine a cryptocurrency, wkwkwk
2021: Let me allow to introduce myself
Do not use hashminer on a gaming pc, the last time I used it I almost lost 190$ because my pc stopped working after I used it.
well this aged well
Yes it has killed pc gaming. The whole world is facing GPU shortage right now just because of crypto mining.
Damn Jay, this video aged well…
3 years later and the answer is a very resounding yes…
We are living the dark times in 2021
Because of Crypto mining I am not buying a new pc.I am priced out of the market.
coming from 2021 here.. yes it is man
oh how little we knew, the real storm was still brewing
3 Years later and the topic is more up to date than ever
my PC crashed a month ago and my bachelor degree is coming soon. so i had no choice and bought a 3060 for more than double the price, just so i can work with my CAD programs…
for the Money i spend on the 3060, i could easily bought an 3080 on the retail price. but yeah, there are none. AND Nvidea is even making an crypto card lineup, while they cannot keep up with their production
Well wouldn't YOU like to know how all this turned out in 2021. Oh boy ;_;
cloud mining
History repeats itself…
and right now 1 btc is 50k LOL
3 years later…. : Yes.
Mrs kathy is legit and her method works like magic I keep earning every single week with her new strategy
i'd say it might be , for the first time in 2 decades i'm considering getting a gaming console (the switch). for 2 reason , 1. nintendo is the only console that i can't get most their games on pc. and 2. because getting a new video card right now is a nightmare.
Again After 3 Years, GPU'S Overpriced As HELL
we are back in the same spot after 3 years
this aged well …..
Little did we know…
This aged well
Now do it again.
Dang 3 years later and it’s a huge issue. Had my first build planned out and then gpu prices tripled
2021, most relevant video to day!
I am gonna destroy miner nest
Lmao Bitcoin almost at 60k
Thank god I got my 1660 Ti two years ago before the GPU market took a dump
POST COVID PC GAMING IS DEAD MARK MY WORD
So accurate… Wow!!!! almost 4 years a go!!! i saw this video back to early 2018… And i cant get a retail price in one card
Situation even worse now with BitCoin at 56,000USD :/
1 bitcoin worth 47000$ now who is watching this on 2K21?
this shits even more relevant today oh my god
Meh. In the past centuries you can get a performance graphics card for just 250$.
In now days we are fightning against scalpers, deep AI learners, bitcoin miners, cloud gaming servers. Are you wish this situations gonna Let the price down? Lol. Gtx 1080Ti is still expensive in 2021.
3 years later and this video is still relevant
Oh yeah now people mining with a fockin laptop so yeah, R.I.P