Gamers are suffering because of digital currency mining. More and more companies are getting their stock eaten up and causing prices to soar. Advanced Micro Devices(AMD), based in Sunnyvale, California and Nvidia, based out of Santa Clara, California, are both struggling to keep their hungry fan base happy. The two companies have been hit hard by the cryptocurrency market. Both of the companies make popular chips used by “miners” to hoard coins, because of this they are buying up the market and an incredibly expedited pace, causing the companies to bump up the price for their normal customers by an insane amount.
Cryptocurrency has been growing rapidly since 2017 and is currently worth more than eight thousand percent of its original price. The online currency once seen only as convenient has turned into a way for many who are low on their luck to make money quickly, if they know how to play the game correctly. With each jump in cryptocurrency comes a jump in demand for cards built by Nvidia Graphics pvt ltd and AMD. There simply is too high of a demand for the companies to build and distribute them at the rate they are each needed. Once the cards hit the market their prices are marked up more than one hundred percent and are still being gobbled up.
This means that the main customers who have always used these products, gamers, are having to shell out way more money than they should just to be able to continue their passion.
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