Second hand graphics card grows as ethereum falls

Some time ago we told you about Ethereum, one of the cryptocurrencies of the moment and how the fall of Bitcoin was increasing the value of it, with the consequent increase in the demand for graphics cards, over those of the RX 400-500 series of AMD. Apparently, the boom in this currency is beginning to decline faster than previously thought.

Earlier this week Ethereum's value fell below $ 200, which added more difficulty in mining them, 20% more difficult and significantly less profitable. This has made Ethereum mining not the most productive option for miners, especially in regions with higher than average electricity costs.

Ethereum falls below $ 200

At the time of writing these lines the coin costs $ 134.97, which is less than half the maximum value it had. Although it has the potential to recover, it is difficult to see the coin above $ 250 again.

Second hand grows

For this reason, many miners are starting to sell their graphics cards to the second-hand market like Ebay, which is currently flooding with publications, when a few weeks ago it was difficult to find one of these cards.

The arrival of mining may cause the graphics card market to fluctuate depending on whether or not profitable cryptocurrencies such as Ethereum or Bitcoin itself, so this trend will surely repeat itself over the months, with card shortages or an over-demand in the second-hand market depending on where the wind blows.

Source: overclock3d