Can I delete pagefile.sys? What is it?

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I read somewhere that the pagefile is where a memory dump is performed if a system failure would occur, like a bluescreen or the likes. My gaming computer got 12GB ram (64bit OS of course and, yeah, what was I thinking getting that much..). Anyway would there be any reasons like the memory dump example to keep the pagefile, or is it usefulness purely to act as additional ram?

Dear,
I tried both & both setting is same as u suggested above. But still i cant decrise the size of pagefile.. Kindly suggest me on my mail ID..

Thanks & regards;

Harshit

i read on another site to delete pagefile.sys: turn off (VM) reboot then delete pagefile.sys, then turn on (VM) again and 'click' "set". i did this but when i looked in C:pagefile.sys it was the exact size before i deleted it? (3,712,272) did i do something wrong ?

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