Graphics card mining is officially over, is it worth starting now?

October 10, 2022 0 Comments

Bian Niu Shi news on September 16, according to Kuai Technology, with the official upgrade of Ethereum 2.0, the era of graphics card mining has officially ended. A huge shock, the price plummeted, and the price of popular models like the RTX 3080 plummeted by 40%.

According to Caixin News, dexerto reported that with the successful completion of the Ethereum merger, the demand for GPU mining machines seems to have shrunk, and a large part of the mining market will no longer pay attention to GPUs.

Some GPU prices are also falling rapidly. The RTX 3080 10GB Founder’s Edition model on eBay was priced at about $750 or more in mid-June, but it has now dropped to the $500-600 range, a price drop of about 40%.

RTX 4090

At the beginning of the price collapse of graphics cards, it is obviously much more cost-effective to buy high-end graphics cards than low-end graphics cards. In the future, we can definitely buy RTX 3080 at around 3,000 yuan, and its performance can be more than doubled compared to RTX 3050.

In this way, it will be hot at both ends and cold in the middle. If you have less money, you can buy a mid-to-low-end graphics card that is enough for you. If you have a little more budget, you can buy a graphics card with excellent performance at a price of about 3,000 yuan. graphics card. Therefore, graphics cards like RTX 3070 and RX 6700 are the most embarrassing and the worst selling.

Double 11 is the peak of this graphics card price crash. Not only will the RTX 4090 and RTX 4080 be on the market by then, the sell-off of mining cards is also expected to peak during that time, and manufacturers estimate that there will be a lot of RTX 30 left by then. As well as the RX 6000 graphics card, the price of high-end graphics cards will drop to an exaggerated level at that time.