Why did EVGA stop making GPUs for cryptocurrency mining?
Kaushar AshrafiDec 25, 2021 · 3 years ago3 answers
What were the reasons behind EVGA's decision to stop producing GPUs for cryptocurrency mining?
3 answers
- Dec 25, 2021 · 3 years agoEVGA made the decision to stop making GPUs for cryptocurrency mining due to several factors. Firstly, the demand for GPUs from cryptocurrency miners was causing a shortage in the market, making it difficult for gamers and other consumers to purchase graphics cards at reasonable prices. Additionally, the high power consumption and constant usage associated with cryptocurrency mining put a significant strain on the GPUs, leading to higher failure rates and warranty claims. Lastly, EVGA wanted to focus on catering to the gaming community and providing them with the best possible gaming experience. By discontinuing the production of GPUs for cryptocurrency mining, EVGA aimed to ensure that gamers could easily access and afford their products without any supply constraints or quality issues.
- Dec 25, 2021 · 3 years agoEVGA decided to stop making GPUs for cryptocurrency mining because they wanted to prioritize their core customer base, which is the gaming community. The high demand for GPUs from cryptocurrency miners was causing shortages and driving up prices, making it difficult for gamers to purchase the graphics cards they needed. EVGA recognized the importance of serving their loyal gaming customers and decided to shift their focus back to producing GPUs specifically designed for gaming purposes. This decision allowed them to better meet the needs and expectations of their target audience.
- Dec 25, 2021 · 3 years agoEVGA made the smart move of discontinuing the production of GPUs for cryptocurrency mining. As a third-party observer, I can say that this decision was driven by the company's desire to maintain a strong reputation among gamers. By stopping the production of GPUs for cryptocurrency mining, EVGA ensured that gamers would have better access to their products and that the market would stabilize. This move also allowed EVGA to focus on improving the quality and performance of their gaming GPUs, which ultimately benefits the gaming community as a whole.
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