Monday, September 25, 2023

GPU Cards Auctioned on Amazon After Ethereum Merge

Sickness Ethereum finally came to an end and caused some changes in the ecosystem. One of them has to do with the video card or GPU, as they are not necessary for mining on said network, so the market tends to be overpopulated.

With Ethereum already running with proof of stake (proof of stake or PoS), the approach for Ethereum miners presents two options. On the one hand, they can choose to mine other cryptocurrencies, as explained in Cryptonoticious. If it is not done, The only way to say goodbye to your teams and sell them.

in the hours after Sickness, it seems that many people have chosen this second option. in amazon market, Multiple GPU offers can already be found Which was the most used to mine Ethereum.

One of them is Nvidia’s “Star” model. RTX 3090, offered with a reduction of 38% from its previous price, at $1,079. There are other sellers who offer them at slightly higher prices with discounts closer to 10%.

Similarly, the Nvidia RTX 3080 can be purchased with 25% to USD 939 . discount up to, There is also a possibility of getting it with a discount of 43% as compared to its previous price, USD 864. An inferior model from the same brand, the RTX 3070, is on sale at 17% off, priced at USD 619. ,

Gpu Card To Mine Ethereum On Amazon
Graphics cards used to mine Ethereum will begin to take over the market. Source: Amazon.

starts on bear market Ethereum Miner GPUs

In addition to Nvidia, products from AMD, the other main maker of the graphics card market, are beginning to experience this oversupply. your model Radeon RX 6800 can be found on sale 35% and 26% have already been mentioned in the same marketplace.

grow thin GPU supply can affect the market so much Primary (new equipment) and secondary (used equipment). In both cases, demand will be more easily met with vendors coming in, which will reduce equipment prices.

The situation may further spread in the coming days. In fact, it is a phenomenon that has already been perceived since June of this year, and is increasing with the advent of SicknessWhich left many miners unable to continue their activity and willing to sell their equipment.

World Nation News Desk
World Nation News Desk
World Nation News is a digital news portal website. Which provides important and latest breaking news updates to our audience in an effective and efficient ways, like world’s top stories, entertainment, sports, technology and much more news.
Latest news
Related news