Friday 8 April 2022

Cryptocurrency "Mining Boom" Is Over?

Recently, the price of graphics cards on the market has plunged in a large area, ending the more than two-year price hike mode. What is the reason for the sharp drop in the price of graphics cards, and how big is the drop? The reporter recently visited the Huaqiangbei market in Shenzhen (Huaqiangbei Electronics Market).

Graphic Cards for Crypto

Cryptocurrency "Mining" tide ebbs, graphics card prices plummet across the board

In Huaqiangbei, Shenzhen, known as the "First Street of China's Electronics", many stalls are equipped with boxes of popular models of graphics cards. The merchants told reporters that the prices of graphics cards of various brands have dropped sharply, and the current prices are close to two-year low.

A merchant in Huaqiangbei, Shenzhen: Now the price has dropped, and some have dropped by about 1,000 yuan in the past month.

Cryptocurrency "Mining Boom" Is Over?

Recently, the price of graphics cards on the market has plunged in a large area, ending the more than two-year price hike mode. What is the ...