Except for cryptocurrency mining, Intel’s Arc Alchemist GPUs do it all

Date:21 July 2022 Author: Juandre

Everyone, with the exception of one group, will be happy to hear that Intel’s Arc A380 discrete graphics card is optimized for the newest and most popular games.

According to YouTuber DJ Mines, none of the prominent Ethereum mining programs such as NiceHashMining, trex miner, lolminer, and teamreeminer functioned when they ran them, as reported by Tom’s Hardware. The Arc A380 appears to offer zero support for cryptocurrency mining.

Furthermore, this is a setback for the cryptocurrency mining sector given that Ethereum lost almost 70% of its value in 2022. The attempt to prevent cryptomining by graphics cards is not limited to this one. In order to deter mining, Nvidia included its Lite Hash Rate tweaks to its top graphics cards. However, much of this effort has been effectively defeated by miners in the months since it was released.

Concerns have recently been raised about the resurrection of cryptomining, which could increase the price of graphics cards once more. Both Bitcoin and Ethereum have recently surged in value, but not to the same extent that it did at its peak.

But even that is not a guarantee. Although Bitcoin recovered a more modest 5 percent and Ethereum earned a stunning 20 percent rise yesterday, it is still unclear whether this upsurge will hold or if their prices will keep falling.

Additionally, given that the currency has been getting slower and more expensive for some time, the writing has been on the wall. And perhaps it’s best if cryptocurrency’s decline not only persists but quickens, for the sake of the GPU market as well as the environment itself.

 

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