Chinese retailers and cryptominers are desperate to sell GPUs before prices crash to normal levels - Latest Tech, Mobile News, Gadgets & Reviews Update |Techbrinks

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Tuesday 12 July 2022

Chinese retailers and cryptominers are desperate to sell GPUs before prices crash to normal levels


Used graphics card prices fell 50 percent recently, primarily thanks to a sharp decline in cryptomining profitability. Companies like Asus have seen demand for GPUs used to mine Ethereum and other tokens diminish to the point where the impact on their bottom line is non-existent.

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