Computer chip maker AMD won’t limit cryptocurrency miners

Advanced Micro Devices (AMD) said it has no business restricting users of its graphics cards, even if cryptocurrencies use them.

Thus, computer chip maker AMD decided to go in the opposite direction to its competitor in the graphics card market, Nvidia. “Our answer is short. No,” said AMD product manager Nish Neelalojanan when asked by PC Gamer whether AMD would also install limiters on its graphics cards. We will not block any use, not just for cryptocurrency mining,” he added.

But experts say AMD doesn’t even have much of a choice. The point is that the drivers for its graphics cards are available on an open-source basis, so the company would still not be able to properly control what its graphics cards are used for.

By contrast, rival Nvidia recently announced that it is installing limiters in its GeForce RTX 3090 graphics cards that should be able to block the use of the Ethereum cryptocurrency mining card. Nvidia thus responded to players’ complaints that graphics cards are unavailable or too expensive precisely because they are bought by cryptocurrency miners.

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The Trader-Magazine.com EditorialTeam is a collective of certified financial analysts, active traders, and cryptocurrency experts. Our mission is to transform complex market data (forex, equities, indices) into accessible financial education. All content undergoes rigorous, multi-level fact-checking to ensure we deliver only accurate, objective information for your trading and investment decisions.

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