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