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Chinese retailers and crypto miners are desperate to sell GPUs before prices drop to normal levels

News Snapshot:

Chinese retailers and crypto miners are desperate to sell GPUs before prices drop to normal levels Big picture: Crypto winter brings terrible news to everyone who has been building racks for mining farms. For gamers, this creates the right conditions for a price war between retailers and miners. At least in China, GPU prices are falling below MSRP everywhere, and it’s only a matter of time before this becomes a global trend. Prices for used graphics cards have recently dropped by 50 percent, primarily due to a sharp decline in the profitability of crypto mining. Companies like Asus have seen…

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