Changes to how Ethereum is mined will dampen demand for GPUs, but not until 2022

Do you hear that noise? It’s the winds of change blowing towards Ethereum, and once they’ve swept through the cryptocurrency network, the bulk of demand for the best graphics cards—or any graphics card, really—will shift towards gaming, not mining. Or so that is the hope.

That’s the good news (for gamers). The bad news is, this won’t happen overnight, or probably even this year. There are two major updates headed to Ethereum, the first of which is called the London hard fork. Ethereum developer Tim Beiko confirmed on Twitter that this will go live on August 4, 2021, which is now less than four weeks away.