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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.
KissSh0t
Senior Member
Posts: 10474
Joined: 2011-10-22
Senior Member
Posts: 10474
Joined: 2011-10-22
#5927814 Posted on: 07/09/2021 09:00 AM
It's like finally getting a girlfriend but in reality she has been a porn star for 1000 years......
Not sure if that's a good analogy lol.
It's like finally getting a girlfriend but in reality she has been a porn star for 1000 years......
Not sure if that's a good analogy lol.
asturur
Senior Member
Posts: 1166
Joined: 2010-05-12
Senior Member
Posts: 1166
Joined: 2010-05-12
#5927819 Posted on: 07/09/2021 09:14 AM
It's like finally getting a girlfriend but in reality she has been a porn star for 1000 years......
Not sure if that's a good analogy lol.
A bit sad analogy. Also not that funny.
But said so, yes there is the risk small investors buy those in medium quantities and clean and put them on ebay at stock prices.
It's like finally getting a girlfriend but in reality she has been a porn star for 1000 years......
Not sure if that's a good analogy lol.
A bit sad analogy. Also not that funny.
But said so, yes there is the risk small investors buy those in medium quantities and clean and put them on ebay at stock prices.
Valken
Senior Member
Posts: 1965
Joined: 2011-01-05
Senior Member
Posts: 1965
Joined: 2011-01-05
#5927820 Posted on: 07/09/2021 09:16 AM
I saw in another forum those are fake listings. It is a bunch of users flooding the market with fake ads to killoff the second hand prices as all of the prices are under RRP/MSRP.
Yes, people do get together to fight scalpers.
But technically, those GPUs are not really available yet.
Buy new fresh box GPU if you need a warranty. If you have a throw away PC, then you can consider used miner GPUs.
I saw in another forum those are fake listings. It is a bunch of users flooding the market with fake ads to killoff the second hand prices as all of the prices are under RRP/MSRP.
Yes, people do get together to fight scalpers.
But technically, those GPUs are not really available yet.
Buy new fresh box GPU if you need a warranty. If you have a throw away PC, then you can consider used miner GPUs.
TheDeeGee
Senior Member
Posts: 7557
Joined: 2010-08-28
Senior Member
Posts: 7557
Joined: 2010-08-28
#5927823 Posted on: 07/09/2021 09:28 AM
Lot of money for a GPU that lasts 6 months.
Lot of money for a GPU that lasts 6 months.
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Senior Member
Posts: 17202
Joined: 2008-08-28
Gentleman our gpus are incoming.