The Merge has actually seen the Ethereum network move to a proof of risk(PoS)system, and the EVGA has actually stopped producing visuals cards as a result of this.
EVGA, among the biggest producers of graphics card add-in boards, announced over the weekend that it had quit the board organization.
This most recent advancement is due to the poor financial overview in the market adhering to the Ethereum Merge and the firm s persecution by its partner Nvidia. In its blog post, a business spokesperson said;
EVGA will not lug the next generation graphics cards. EVGA will continue to sustain the existing present generation items. EVGA will certainly remain to offer the existing generation products. EVGA is devoted to our clients as well as will continue to provide sales and also support on the present lineup.”
The likes of Nvidia and also AMD are in charge of designing the GPU that rests on the board, the development of the actual cards that port right into the computer system is managed by business such as EVGA, Asus, MSI, as well as Gigabyte.
EVGA CEO Andrew Han revealed that although the graphics cards are 80% of the company s company, EVGA makes 300% more on power products. He added that the firm wouldn t captivate the idea of working with Intel or AMD as a result of the problems with the business design.
The firm stated that;
EVGA will certainly not lug the next generation graphics cards. EVGA will certainly continue to sustain the existing current generation items. EVGA will remain to offer the current generation products. EVGA is dedicated to our customers as well as will remain to offer sales and support on the existing schedule. Also, EVGA wants to say thank you to our wonderful area for the several years of support and excitement for EVGA graphics cards.
The Ethereum Merge occurred a few days earlier, a step that saw the Ethereum network lastly transition from a proof of work mechanism to PoS following years of planning and also growth.