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Ethereum’s PoS Upgrade Will Decrease The Graphic Card Demand

Ethereum’s PoS upgrade will decrease the graphic card demand according to NVIDIA reports, with discussions over the future of GPU mining sweeping over the mining community as we can see more in our latest Ethereum news. If EIP-1559 fails to bring down the ETH high transaction costs and drive Ethereum mining obsolete, the move to a proof of stake will most certainly do. While these thoughts are a dime a dozen these days with graphic card manufacturers like Nvidia have yet to address these concerns at least until now. In the earnings call, Nvidia warned the investors that Ethereum 2.0…

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