As digital currencies are creating momentum between a higher user base and getting fame within the non-virtual world, there are also some unexpected effects. For a supporter of Bitcoin, the largest cryptocurrency by market cap, more users of Bitcoin mean a more competitive and a greater market, as well as other examples of brick and mortar stores, are also taking on Bitcoin.
This shows that Bitcoin users can spend their coins without converting it into fiat currency and more easily as time goes on. Furthermore, a higher demand for Bitcoin creates a greater number of potential and Bitcoin miners are hoping to capitalize on the increased interest.
On the other side, some people are feeling negative pressure due to these developments, and one these groups are computer gamers.
Competition in Gaming and Mining Operations:
There is a question, why would Bitcoin fame make thing difficult for gamers? It comes down to basics as hardware costs for gamers are going high as demand for powerful rigs and in some particular graphics cards has driven prices up. It shows that gamers and Bitcoin miners both require some expensive hardware in order to run their operations most effectively.
Some professional and amateur miners have set up a huge number of rigs around the world, everyone working on complicated mathematical problems in order to get Bitcoin as a reward. The mining rigs use particular graphics cards as AMD RX 400/500 series, the increasing interest in mining has flooded the market with demand requests to purchase those cards. Many sellers in the market are out of stock completely, and the cards which are available have high prices.
Why Do Gamers Feel the Pressure?
On the other hand, the gamers use similar graphics cards for a different purpose. Many of the gamers felt the pressure of higher prices on the graphics cards and other different hardware items which they need in gaming.
However, one of the largest manufacturers of graphics cards “ASUS”, recently declared plans to introduce a new series of products with digital currency mining in mind. This may guide to the new generation of graphics cards with different focus dependent on whether the user is going to mine or to game.
As interest in mining is growing day by day, it is questionable that the pressure will abate. But in such situation, maybe gamers will get that their graphics cards are not much expensive any longer.