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Guru3D.com » News » China takes action against cryptocurrency mining, cryptominators ditch Radeon and RTX cards for 300 Euro

China takes action against cryptocurrency mining, cryptominators ditch Radeon and RTX cards for 300 Euro

by Hilbert Hagedoorn on: 07/09/2021 09:16 AM | source: tomshardware | 68 comment(s)
China takes action against cryptocurrency mining, cryptominators ditch Radeon and RTX cards for 300 Euro

In China, miners are shutting down and shifting their activities with crypto-monetary mining. The local market is now saturated with AMD and Nvidia second-hand graphics cards. 

There are also numbers not tiny, although occasionally the minimum purchase size is 100 units. For example, the RTX 3070, for over € 330, is sold in these numbers, while the cost of 3060 and 3060 Ti correspondingly is € 245 and 310. Although at the first sight these prices seem favorable, these video cards have been extensively utilized for lengthy periods of time for crypto-mining, which presumably has substantially reduced their life expectancy.



China takes action against cryptocurrency mining, cryptominators ditch Radeon and RTX cards for 300 Euro China takes action against cryptocurrency mining, cryptominators ditch Radeon and RTX cards for 300 Euro China takes action against cryptocurrency mining, cryptominators ditch Radeon and RTX cards for 300 Euro




« MSI launches its GeForce RTX 3080 VENTUS 3X 10G OC LHR · China takes action against cryptocurrency mining, cryptominators ditch Radeon and RTX cards for 300 Euro · A lake in upstate New York heats up due to bitcoin mining »

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Kwisatz
Member



Posts: 51
Joined: 2010-06-03

#5927825 Posted on: 07/09/2021 09:42 AM
And still, considering MRSP, it's way more i would pay for an used card. Basically they sell them like new, excluding VAT

TheDeeGee
Senior Member



Posts: 7859
Joined: 2010-08-28

#5927826 Posted on: 07/09/2021 09:46 AM
They're just stacked like old cardboard boxes, no thank you.

cucaulay malkin
Senior Member



Posts: 4630
Joined: 2020-08-03

#5927827 Posted on: 07/09/2021 09:54 AM
buy new
im getting a new one anyway,be it amd or nvidia,as soon as anything drops down to near msrp.
i don't like buying late,and i don't think this gen is that great,but i think we gotta learn from that.
same thing happened when I wanted a 1080ti.fool me once......

Kaarme
Senior Member



Posts: 2901
Joined: 2013-03-10

#5927835 Posted on: 07/09/2021 10:13 AM
I just checked a popular used stuff website over here. Plenty of videocards for sale. However, the prices are just below the still fully bloated prices in shops. Previous gen cards are also being offered for ridiculous amounts of money. The prices have shown pretty much no signs of dropping here, new or used. The only difference compared to a few months ago is that there's stock for some of the card models.

Devid
Senior Member



Posts: 199
Joined: 2018-12-10

#5927836 Posted on: 07/09/2021 10:13 AM
Without proof of purchase or invoice to deal with RMA I would not give a penny/cent for these cards.
They can keep them all.

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