Nvidia Launches A New GPU Card Set After Announcing Exit From Crypto

A few days after announcing its exit from crypto, the industry giant Nvidia launched a new GeForce RTX 2000 series of graphics cards. The new GPUs are making the news everywhere because of their versatility and power.

The new lineup of graphics cards by Nvidia includes the RTX 20170, RTX 2080 and RTX 2080 Ti. According to the description, this range can deliver up to six times better performance than its predecessors – mostly because of the Nvidia Turing architecture and the brand new GeForce RTX platform.

From this, it is evident that Nvidia’s new series is aimed at the problems concerning real-time ray tracing, programmable shading as well as artificial intelligence – which the new GPUs will apparently solve at an advanced level. All of these techniques apply to games, whether it’s about adding realism to the virtual world, maxed-out in-play settings, highest frame rates or creating lifelike images and special effects.

The price of the new GPU collection by Nvidia is also taking things up a notch. For the RTX 2080 Ti model (which is the most premium one of all), you should pay $1,199 which is definitely more expensive than the predecessor – the GTX 1080 Ti which is priced around $599 at the time of writing.

According to some technical analysis, RTX is not that better than GTX – which is why as long as the value does not drop, the new GPU collection would remain unattractive to miners. However, Nvidia did not promote this collection as mining equipment (as the previous ones).

As their report read:

“Our revenue outlook had anticipated cryptocurrency-specific products declining to approximately $100 million, while actual crypto-specific product revenue was $18 million. Whereas we had previously anticipated cryptocurrency to be meaningful for the year, we are now projecting no contributions going forward.”

From this, it is clear that Nvidia sticks to their dissatisfaction with crypto mining and are focused solely on the gaming world.