Nvidia launches CMP, cryptocurrency mining processor, may alleviate gaming chip shortages


Nvidia said it is launching a GPU dedicated to mining cryptocurrencies in a move that gives it a new growth market and may alleviate chip shortages for gaming. In a blog post, Nvidia said that is launching Nvidia CMP, or cryptocurrency mining processor. Nvidia CMP is designed for professional mining. Before the launch of its own cryptocurrency chip, Nvidia has been wrestling with shortages of its gaming chips, which were being used to mine cryptocurrency. With its GeForce RTX 3060 gaming processor launching February 25, Nvidia said it was "taking an important step to help ensure GeForce GPUs end up in the hands of gamers."

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