Megalith
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There is growing suspicion NVIDIA’s mid-range RTX 2060 GPU will debut later than expected, as the company is facing a conundrum following “crypto hangover”: as MarketWatch explains, the graphics giant wants to clear its big backlog of older gaming cards, but miners selling similar gear on the secondary market are making things difficult. High-end gamers also represent another hurdle, as many are, obviously, flocking to the latest RTX products.
Due to a backlog of existing graphics cards, NVIDIA’s next-generation GeForce RTX 2060 mid-range GPUs may be delayed for a bit longer. In a call Thursday when Nvidia released its earnings report, company executives explained that the end of the cryptocurrency boom had created an oversupply of the existing mid-range GTX 1060 cards. Prices for the card didn’t fall quickly enough to attract NVIDIA’s traditional demographic of gamers, leaving the company in what it describes as a crypto hangover.
Due to a backlog of existing graphics cards, NVIDIA’s next-generation GeForce RTX 2060 mid-range GPUs may be delayed for a bit longer. In a call Thursday when Nvidia released its earnings report, company executives explained that the end of the cryptocurrency boom had created an oversupply of the existing mid-range GTX 1060 cards. Prices for the card didn’t fall quickly enough to attract NVIDIA’s traditional demographic of gamers, leaving the company in what it describes as a crypto hangover.