I bought a new PC with an RTX 3070 and I have problems with draw distance now.
Didn't play for a while though.
Draw Distance is at maximum but objects appear very late in front of me. Even dropped items.
There is no change when setting Draw Distance to the lowest or highest.
What is that?
Does anyone have similar problems?

give us more information, if you are on a VPS that virtualization uses, memory RAM, CPU, etc ...

I have a AMD Ryzen 7 3700X with 32GB RAM and a RTX 3070.
It's not up to the server. I have the same problem on other servers.
Aaaaand it only is related to certain objects like components I found out.
Look! The gears are the only things that disappear. Yesterday when I found that issue first it was a propane gas tank.

Try reinstalling Rust.