Asus graphics cards featuring Nvidia’s GeForce GTX graphics processing units in a cryptocurrency mining machine in Nairobi, Kenya, on September 9, 2017. Photo: Bloomberg
Asus graphics cards featuring Nvidia’s GeForce GTX graphics processing units in a cryptocurrency mining machine in Nairobi, Kenya, on September 9, 2017. Photo: Bloomberg

Ethereum Merge pushes GPU prices in China to ‘lowest level’ in shift away from cryptocurrency mining

  • Graphics cards sellers in China are reeling from plunging GPU prices over the past two months leading into Ethereum’s switch to a proof-of-stake blockchain
  • Consumer GPUs from Nvidia and AMD were already falling in price after China’s bitcoin crackdown and a cryptocurrency market rout

Asus graphics cards featuring Nvidia’s GeForce GTX graphics processing units in a cryptocurrency mining machine in Nairobi, Kenya, on September 9, 2017. Photo: Bloomberg
Asus graphics cards featuring Nvidia’s GeForce GTX graphics processing units in a cryptocurrency mining machine in Nairobi, Kenya, on September 9, 2017. Photo: Bloomberg
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