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AMD, Unlike Nvidia, Won't Try to Block Crypto Miners From Using Its Chips: Report

AMD may not have had much of a choice because its drivers are all open source.

Updated Sep 14, 2021, 12:29 p.m. Published Mar 21, 2021, 7:19 p.m.
Bitcoin mining equipment
Bitcoin mining equipment

Chipmaker Advanced Micro Devices said it's not going to restrict its graphics cards from being used for mining cryptocurrencies after rival Nvidia installed a limiter on some of its chips to prevent their use in mining ether, according to a report in PC Gamer.

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  • "The short answer is no," PC Gamer quoted a product manager at AMD as saying regarding a potential mining limiter during a call.
  • That stance is in contrast to Nvidia, which last month installed a limiter to ensure its GeForce RTX 3060 graphics cards “end up in the hands of gamers” instead of cryptocurrency miners after gamers complained how mining demand was causing shortages.
  • Of course, AMD may not have had much of a choice in not trying to limit how its chips are used. Not only is Nvidia's 24GB GeForce RTX 3090 the best GPU chip for mining but because AMD's drivers are all open source, there is a limit to the company's control over them, PC Gamer noted.

CORRECTION (March 23, 14:17 UTC) Corrects Nvidia card name to RTX 3060.

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Gold tops $5,000 as bitcoin stalls near $87,000 in widening macro-crypto split: Asia Morning Briefing

Stacked gold bars (Scottsdale Mint/Unsplash/Modified by CoinDesk)

Bitcoin’s onchain data points to supply overhang and weak participation, while gold’s breakout is priced by markets as a durable macro regime shift.

What to know:

  • Gold’s surge above $5,000 an ounce is increasingly seen as a durable regime shift, with investors treating the metal as a persistent hedge against geopolitical risk, central bank demand and a weaker dollar.
  • Bitcoin is stuck near $87,000 in a low-conviction market, as on-chain data show older holders selling into rallies, newer buyers absorbing losses and a heavy supply overhang capping moves toward $100,000.
  • Derivatives and prediction markets point to continued consolidation in bitcoin and sustained strength in gold, with thin futures volumes, subdued leverage and weak demand for higher-beta crypto assets like ether reinforcing the cautious tone.