The availability of graphics cards is improving, cryptobaroni in China are ending

The price of Bitcoin is already more often around thirty than forty thousand dollars and the production capacity of graphics cards is rising. However, these are far from all the reasons why the situation is improving – from the point of view of traditional users. China intervened quite vigorously against local cryptobarons. They mistakenly thought that their work in the Sichuan area (where high consumption will not cause network problems due to large hydropower plants) will be narrowed. However, the big eye stopped squinting and ordered the energy authorities to stop anyone they considered to be miners with regard to energy consumption.

This resulted in the rapid shutdown of systems and the sale of hardware worldwide, even to the United States. Foreign miners, who had good contacts in China, preferred cheaper hardware from China, which can still serve them. Another 7,000 mining units were seized by the Iranian government a week ago. The fall in cryptocurrency prices associated with these events has further reduced miners’ willingness to invest in additional hardware. The result is the improving availability of graphics cards, mainly the so-called mainstream and higher mainstream.

In the future, we should expect significantly better availability of GeForce RTX 3060. Foreign users are already announcing that Radeons RX 6700 XT are in stock at significantly more attractive prices. In the UK, they can be bought without waiting for £ 750, in the US, some models range from four-digit dollars to three-digit ones and are still in stock, so they are likely to stay with lower prices.

In the short term, however, we should expect one fluctuation – for unspecified reasons, there may be a temporary supply outage at the beginning of July, which is to affect GeForce in particular. The reasons are not publicly known; however, this is not a long-term problem and it can be expected that by the end of the month or in August at the latest, the supply will be in the old dormitories (more precisely, better than now).


Source: Diit.cz by diit.cz.

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