Is GPU mining profitable after the Ethereum Merge?
The Ethereum merge is the upgrade from proof-of-work to proof-of-stake as a way of validating block transactions on the network.
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After Ethereum Merge, GPU prices may stabilize with dipping demand
The prices of many popular GPUs, such as Nvidia’s RTX3080, have dropped by nearly 60% over the last 90 days across some parts of the globe.
China GPU prices drop to new lows after the Ethereum Merge
The Nvidia GeForce RTX 3080’s price dropped from $1118, or 8,000 yuan, to 5,000 yuan within three months, according to a Chinese merchant.
Global GPU price drops to compensate for falling Bitcoin mining revenue
The meteoric drop in GPU prices opened up a small window of opportunity for small-time miners to procure a piece of more powerful and efficient mining equipment.
GPU price inflation dips slightly as Ether downtrend continues
With Ether sinking below $2,000, the price of graphics cards has seen a further decline from June to July.
Nvidia GPU prices in China fall amid crypto mining crackdown
Graphics card prices in China reportedly dropped as much as two-thirds on Chinese e-commerce websites.