Miners release buffalo, the price of graphics cards has dropped to dizzying levels

With the latest moves by the Chinese government to tighten the Crypto market, many virtual currency mining organizations here have dissolved and moved elsewhere. According to updated information from Chinese media, many Coin mining factories in Sichuan (one of the largest mining pools in the world) have had to close.

Diggers discharge buffalo, the price of graphics cards drops to dizzying levels - Photo 1.

After the virtual currency mining activities in China were tightened, the price of graphics cards in this country in particular and in the world in general has dropped dramatically. According to a report from PCGamer, GPU prices in Sichuan have dropped by 45% in just the past week. With a large number of “buffalo plows” being released to the market like this, this will probably be a “garbage” of cheap video cards in the world in the near future.

Updating the situation of GPU prices in China, the South China Morning Post said that most of the new and used video cards are discounted from 25% to 45%. For example, a new RTX 3060 is being sold for $ 835 (while a month ago, this product was still for sale for more than $ 1,500).

Diggers discharge buffalo, the price of graphics cards drops to dizzying levels - Photo 2.

Another point to note for gamers is that when the market is flooded with “VGA buffalo plow” lines, it is easy for you to buy “disabled buffaloes, even dying”. According to the latest information from many component manufacturers, they are currently planning to shorten the warranty period of these cards due to concerns that excessive virtual currency mining will make VGA life extremely difficult. fragile period. Warranty period from 36 months can be reduced to only 12 months and even 6 months.

Thus, if you buy a “VGA buffalo plow” that is about to fail and expires warranty, gamers will definitely hold the disadvantaged part in their hands. Granted, many experienced people will be able to distinguish and choose good cards, but this is not the majority. The risk part of ordinary gamers when buying a “buffalo” graphics card is always very large.

The situation of losing money when buying “VGA buffalo plow” may be repeated as in the middle of 2018 and the disadvantage is always on the side of gamers.

Related Posts