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

July 13, 2022
Source: newsquick24.com newsquick24.com
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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China Tech Buzz Topics: AMD | Asus | Baidu | Best Buy | bitcoin | blockchain | China | Chinese | crypto | Ethereum | fintech | forum | GPU | IT | LINE | news | picture | retail | search engine | Sharp | stocks | TI | War

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