Let me start by saying, just because you can doesn't mean you have to. I recently bought a cheaper Dell outlet computer that only has a 295w PSU. I was planning to reuse my GTX 1060 graphics card from my old PC to save money, but the new computer PSU didn't have the required 6-pin power connector to support it. That's why I had to buy this gorgeous $4.25 cable. I inserted the card, added a new power cable and voila, it worked! Yes, I know I shouldn't have done that. Nvidia strongly recommends at least a 400W power supply for this card, and 295W is nowhere near enough. But I always keep an eye on my PC's power consumption and so far I've never gone above 120-130W when rendering videos, so I think it will be fine for my situation.
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