Crypto miners increase countless Nvidia GeForce RTX GPUs used for three thousand sixty

Crypto miners increase countless Nvidia GeForce RTX GPUs used for three thousand sixty If you've been staring in despair at the state of the graphics card market over the past few months, we've got good news for you. The recent Chinese crackdown on cryptomining for Bitcoin has allowed the miners to sell en masse the used material in order to remove a penny of silver from their operations, ce qui a entraîné the flooding of the chinois marché par des GPUs usagés à un reasonable cost. At the very least, the cost is reasonable if you're willing to risk buying hardware that's been used so extensively. It should be noted that these GPUs have been running at full capacity for many months, so you can't guarantee the kind of performance or reliability that you'll really get from them. The graphics card sell-off has yet to hit Western markets, but given the scale of crypto mining operations in China, we should at the very least see a ripple effect in the coming months that will increase the availability of new ones. the inflated costs we see now.

The healthy market

Used GPUs for sale

(Image credit: Le Bloc) The best graphics cards on the market today have been virtually unobtainable thanks to the "perfect storm" of component shortages preventing free stocks from meeting high demand and the recent cryptocurrency heyday. like Bitcoin and Ethereum. GPUs have become very profitable in mining operations, creating competition between gamers and miners for limited free inventory. And naturally, free riders are going to take advantage of situations like this. Resellers have started using bots to get rid of free inventory and also inflate prices to nearly 3 times their recommended MSRP for certain more coveted cards, like the GeForce RTX XNUMX. Thanks to China's implementation of stricter cryptocurrency regulations, miners have been flooding the market for used GPUs for weeks, though this is the first time we've seen prices as close (or even more affordable) than the MSRP. Listings for GeForce RTX XNUMX cards have surfaced, announcing that the GPUs retail for between XNUMX and XNUMX Yuan (around $XNUMX / $XNUMX / AU$XNUMX). fifty - €XNUMX / €XNUMX / AU €XNUMX). According to The Block, it appears that the competition is so strong that miners are undercutting their contenders' prices, causing it to drop back to XNUMX Yuan (around €XNUMX / €XNUMX / AU€ three hundred and sixty).

The best deal you shouldn't buy

Used GPUs for sale in China

(Image credit: Le Bloc) While these prices seem attractive compared to the frankly disgusting inflated prices we've seen in recent months, it's not a good idea to buy one of these GPUs unless you're ready to take a chance. That's not to say an old mining card is guaranteed to be a bad investment, but we can apply the same mindset to the GPUs we build cars with: sure, that XNUMX-mile sedan might be cheap, but really? Are you getting your value for money? All of this is likely to have a ripple effect on new hardware, as miners won't be procuring GeForce RTX XNUMX cards to send to the mines, so we'd advise you to wait and see how availability and cost of sale improve. . for any and all new stock before you plunge into any used purchases. It seems like the collapse in cryptocurrency prices was the respite we needed to help ease the annoyances gamers face when looking to get a new graphics card, but if you have a little patience, you might not find yourself dodging a used bullet. buy, but we may soon be looking at reasonably priced graphics cards in digital and physical stores. The best graphics card deals right now