Crypto Mining GPU Prices
The cluster focuses on how cryptocurrency mining drives GPU demand, affects prices and availability, and leads to debates about resale values, market gluts, and potential price drops post-crypto crash.
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Are serious miners buying supply constrained GPUs?
GPU prices have been at pre mining craze levels for a while now
why? selling GPUs is way more profitable
The issue is the resale value for actual working GPUs is higher so the miners will often buy the normal cards anyway
Does this mean consumer GPUs will come back down in price?
That's what happens when the GPU market is coopted by the crypto crowd.
How does that make miners not buy GPUs?
People are buying these cards for other coins that are still profitable to mine on the GPU.
Nvidia might have a secondary crash if cheap GPUs flood the market. Or we get a resurgence of crypto mining, who knows.
Crypto mining isn’t causing GPU prices. All cards are expensive and the vast majority of them are useless for mining. The PS5 is still hard to find but useless for mining.