Intel won’t be limiting crypto mining on its new Alchemy graphics cards, the company has revealed, so find out more in our latest crypto news today.
Intel announced that its upcoming line of graphics cards will not include hardware-restricted software for crypto mining. of this kind. He says:
“We are not currently developing this product, nor are we developing any features specifically geared towards miners. As for the measures we are taking to avoid or block them, it is a product that is on the market and people can buy it. “
Chandler noted that these new products are not a priority for the company that is developing the Intel Arc and Alchemist line of products as the priority choice for gamers. Intel is just one GPU maker grappling with how to balance its competitive customer base and the traditional market for these graphics cards that has been decimated by the arrival of thousands. While Intel will not limit the mining of cryptocurrencies, the competing GPU manufacturer Nvidia has tried to limit crypto mining with its hardware by introducing hash rate limits in order to limit the ability of the tokens for mining. Nvidia announced that its latest line of GeForce graphics cards will be less than desirable for miners, saying that GeForce is for gaming only.
However, in order not to alienate the emerging market of miners, Nvidia has released a dedicated crypto mining product CMP. After the company increased its revenue estimate from $ 50 million to $ 150 million in a lush first quarter, forecasts were optimistic and the company’s revenue for the second quarter was down $ 134 million compared to the previous quarter. Meanwhile, AMD has also taken a similar move with Intel, stating that it won’t block ETH mining on GPUs, arguing that crypto mining is a small part of its business.
This could prove to be a contentious point in the long run, especially since ETH is moving from mining-based proof-of-work consensus to proof-of-stake with the ETH 2.0 upgrade, and GPU mining could possibly be a thing of the past.
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