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NVDIA and AMD to Launch Cryptocurrency Mining Cards Soon

NVDIA and AMD to Launch Cryptocurrency Mining Cards Soon

According to a report, the graphic card tech giants Nvidia and AMD plan to release specifically designed graphic cards for cryptocurrency miners.

The most popular graphic cards among the miners are AMD’s Radeon RX 580 and RX 570 for their efficiency and mining power faced a global shortage.

Users earn a passive income by mining cryptocurrencies such as Ethereum and Bitcoin by dedicating their GPU processing power to mine blocks on a blockchain.

This rise in demand of mining GPU has lead NVIDIA and AMD to work on cards that will have fewer specifications and reduced cost thereby maximising the cryptocurrency mining capability. While NVIDIA is set to release a GeForce GTX 1060 based card, AMD will launch redesigned entry-level RX 400- series cards for the miners.

These cards are expected to be launched by the end of June 2017 and would come with a 90 days warranty.