Attention Economy


Tuesday, May 25, 2021

Gamers versus Cryptominers – Surging Demand for Graphics Cards

The War Between Gamers and Cryptominers—And the Scarce Global Resource that Sparked It
https://www.forbes.com/sites/abrambrown/2021/05/24/gamers-cryptocurrency-cryptominers-gpu-microchip/
There’s a worldwide shortage of new and old GPUs right now, leading to a sense of “sheer fatalism” among gamers despondent about getting the latest tech or even replacing an old part, Dejarnette says. “It’s killing us.” And it’s led to some testy finger-pointing by gamers toward another group of geeks: cryptocurrency miners. Gamers and others observing the GPU market say the miners have wreaked havoc on the $20 billion industry, taxing it with unexpected demand while key components for GPUs—microchips—are scarcely available. The companies making the GPUs understand the situation with the miners, and as recently as Wednesday, Nvidia announced it would change some future versions of its GPUs to make them less attractive to miners. But that fix will not arrive anytime soon.